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US drought to push Singapore inflation up

US drought to push Singapore inflation up

The second driest weather in 118 years experienced by US in June-July this year spells trouble ahead.

Downstream oil & gas on a downtrend

Recent remarks from the governmentmay hint no more green-field refineries in Singapore, says OCBC.

NOL sinks with 6.6% loss in trading

Investor confidence was described as being on thin ice.

Chart of the Day: Residential segment dominates investment sales

The residential segment contributed 54% of the total transaction value in the second quarter.

Singapore inflation on track for further easing

Inflation will simmer below the raging levels seen in H1 2012 but will still remain above its historical average, says the government.

Inflation hovers above 5% for the 4th month in June

DMG analysts slam hopes that prices could ease off as quickly as possible- learn why.

Unemployment looms in Q3

Only over a third or 34.7% of employers plan to increase headcount, says survey.

Private home site at Dairy Farm set to be snubbed

They'd be so lucky to get at least half of the projected selling price of $1,150 to $1,200 psf.

Last EC site near Punggol MRT to drive strong interest

Up to 10 bidders are expected for this land parcel but winning bid could only range from $310-$320.

9 in 10 companies slam current wage guidelines

33% believe that the format will incur higher wage costs.

Flights in Changi Airport soared by 6.4% in June

But shipment volume declined by 1% yoy.

Industrial production to register a meager 2.6% in June: DBS

But an upside surprise awaits as export sales rose 6.7%.

Raffles Medical Group's S$12.4m profit in Q2 disappoints analysts

PATMI inched up 6.9%, but it's slightly below OCBC's expectations.

Crazy inflation to rocket 70% higher than the 30-year historical average

High domestic inflation averaging 4.5% in 2012 is here to stay.

Singapore banks' profit to slump 18% in 2Q12

The large trading gains in 1Q will unlikely be repeated this time around.

Chart of the Day: NODX up, thanks to Hong Kong

Hong Kong was the top contributor to Singapore’s Non-Oil Domestic Export increase in June 2012.

97% of retiring Singaporeans offered re-employment

Virtually all Singaporeans who hit the retirement age of 62 are guaranteed an option for continued work due to the tight labour market.