News
Hey, mate: SingTel has got some Aussie competition
Hey, mate: SingTel has got some Aussie competition
Competition is easing in India and Indonesia, but SingTel has to keep an eye on Aussie’s Telstra who’s looking to regain market share.
HSBC eclipses DBS as top raiser of debt in South East Asia
DBS has fallen all the way back to 8th place with just 23 deals compared to HSBC’s 48.
How bad can the upcoming technical recession get?: DBS
With August non oil exports expected to drop 5.8 % and the Sing dollar strengthening 11 % over the year, it's going to be bad, warns the bank.
Threats of global liquidity squeeze hurt bank stocks
DBS and OCBC shares, for instance, dropped more than 1% on 9 September 2011.
Industrial property prices rise 6% in 2Q11
The average monthly rents of factories and warehouses increased to S$1.7 to S$2.1 per sq ft.
Property boom: S$1.1b worth of industrial properties transacted in Q211
This takes the total transaction value in 1H/2011 to S$2.3b, reflecting a year-on-year growth of 14%.
Recruitment in sales and marketing set to be buoyant in H2 2011
And salary expectations for candidates who switched jobs are high, ranging between 25 to 30%.
Singapore’s retail sales may have surged 8.1% in July
Excluding motor vehicles, Standard Chartered expects the print to come in at 7.8%.
Analyst warns Singapore banks to beware the liquidity squeeze
The collapse of SOR would add margin pressure to 3Q11 results but CIMB is more concerned about S$ deposit competition.
Singapore banking professionals better than their Hong Kong counterparts
Companies are now replacing employees from Hong Kong with candidates from Singapore.
Singapore economy is 2nd most competitive worldwide
The country got top ratings for public trust of politicians and transparency in policymaking.
Salary increase in finance and governance sector range between 10-20%
But candidates with highly sought-after skills were able to command more than 25% salary increase.
“Make the workplace age-friendly for older workers”: MOS Halimah Yaacob
She is encouraging employers to look at ways to retain experienced older workers “as they have amassed a rich body of knowledge”.
Retail therapy: Government to fund $3m retail scholarships
This is to provide Singapore’s retail workforce accessible and affordable university education.
Singapore domestic airfares show no sign of slowing
Economy-discount fare prices grew the most at 9% in 2Q11.
A Lion’s share: Singapore is most active hotel investment market in Asia Pac
The Lion City accounted for a whopping $1.02b out of the $2.6b transaction volume in the region.
Government invests $6.8m in training of textile and fashion employees
The Singapore Workforce Development Agency is developing programmes to support the manpower needs of the industry.
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