Singapore
HDB resale prices rise 3.8% in 3Q11
HDB has ramped up the supply of new flats to meet increasing demand, offering 23,800 new flats between January and September 2011.
HDB resale prices rise 3.8% in 3Q11
HDB has ramped up the supply of new flats to meet increasing demand, offering 23,800 new flats between January and September 2011.
Singapore’s equity capital market jumps 30.2% in 3Q2011
Citigroup maintains its top spot for investment banking rankings by underwriting US$801m of equity proceeds to date.
Sembcorp Marine appoints Tan Sri Mohd Hassan Marican as Board Director
He is the former President & CEO of Petronas.
Singapore’s Debt Capital Market volume plunges 22% to US$12.4b in 2011
DBS reigns as the top book runner this year, with related proceeds of up to US$2.9b.
We’ll be tougher: Atty Gen Sundaresh Menon
Tougher penalties will be in place to combat tax evasion and money laundering in Singapore, which has $1.2t worth of assets under management.
Private home prices up 1.3% in 3Q11
As prices continue to moderate for the 8th consecutive quarter since 4th Quarter 2009.
Shell declares force majeure
Force majeure has been declared on customers after the blaze at Bukom which shut down Shell’s 500,000 barrels-a-day refinery.
Sharply lower loan growth awaits, warns analyst
Bank lending may have been up 3% in August but slower economic growth is expected to lead to higher non-performing loans.
Average price of luxury private homes drops 2% in 3Q11
Prices slipped from S$2,286 psf in 2Q11 to S$2,243 psf, in response to a slowdown in luxury home sales.
Singapore PMI may have slipped to 48.7 in September
Despite poor PMI data, Singapore’s manufacturing performance has been improving in recent months, led by the volatile bio-tech and pharmaceutical sectors.
SGX named as suitor in London Metal Exchange deal
SGX is reportedly teaming up with London Stock Exchange for the deal potentially worth 1 billion pounds.
King of the road: OKP Holdings set to ride on Singapore’s building boom
As its record gross order book of S$433.3m shows earnings likely leaping over 25% in FY11.
Bank lending up 3% in August
MAS data showed bank lending grew from S$381.8b in July to S$393.2b last month.
M1 launches mobile plans for the deaf
The MessageSurf and BlackBerry MessageSurf plans are exclusively offered to clients and members of The Singapore Association for The Deaf.
EZ-Link appoints Nicholas Lee as chief executive officer
His new role will take effect from 1 October 2011.
Temasek’s Manish Kejriwal resigns
The head of Temasek India left to create a new fund.
Reduce reliance on low-skilled foreign labour: Mr Lim Hng Kiang
The Minister for Trade and Industry cited this as among the things Singapore needs to do for more sustainable and inclusive growth.
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