News
Brace yourselves for a looming recession, warns analyst
Brace yourselves for a looming recession, warns analyst
The global index is down by 16% since August 1 and by 19% since it peaked in late April.
Analyst warns Asia on threats from a 9% risk to earnings in 2012
That is if earnings from a 1% lower G10 GDP growth where the base case is 2.4% becomes reality.
Charge it: MasterCard users’ spending up 48% to a record US$1.32b
Both locals and tourists spent a total of US$73.5m on dining out during the Great Singapore Sale.
Fogged up: Downside risks obscure trade outlook
The total trade 2011 forecast has been narrowed from 8-10% to 9-10%, but risks like sovereign debt in the US continue to be a concern.
Shutting down: Waning electronics demand hurts exports
Domestic exports of electronics dropped by 14% in the second quarter.
Oiling the wheels of trade: High oil prices boost oil trade by 29%
Oil prices will likely hover around the $100-110 per barrel range.
Total trade jumps to S$245b
Thanks to increases in both oil and non-oil trade in the second quarter.
Offshore-related stocks veered off course by market sell-down
Keppel Corp and Sembcorp Marine declined by 13% and 15%, respectively, in the past week alone.
Back to business: Aussie Tiger Airways roars back from crisis
Tiger will recommence ticket sales and will implement a gradual resumption of domestic services from 12 August 2011.
Singapore to benefit from China’s sustained GDP growth
But companies should capitalize on key emerging trends and ride with the market leaders to outperform.
Welcome to Singapore: Tourism sectors get pampered
Healthy visitor inflows pushed the hotels & restaurants sector up by 6.4%.
46% of accountants confident in Singapore’s importance as a global financial hub
36% say that their city had become ‘much more important’ as a financial centre.
Show me the money: Financial services sector expands 10%
The sector gained from increased domestic and offshore lending activities in the second quarter.
Up, up, and away: Transport & storage sector jumps 4.1%
The sector took off due to buoyant air travel demand.
R-E-S-P-E-C-T: Find out what it means to me
Maybe Aretha Franklin still doesn't know what it means to her, but it's crystal clear for 72% of Singapore workers.
Singaporeans are not buying it
Wholesale and retail trade flatlined compared to a year ago.
Hammering away: Construction sector grows by 1.5%
Thanks to increases in public sector construction activities.
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