News

Blame it on poor travel demand on its Japan routes.

The Friends Investor Attitudes Index reached 21 points in, up from 16 points a year ago.

This is likely to add another ugly stroke to the set of advance GDP growth figures released last week.

Developers might as well pray buyers remember it’s Hungry Ghost Month in August and buy this month as otherwise overall sentiment is cautious.

Meanwhile home prices are stabilising with 1.9 percent increase in the second quarter compared to 2.2 percent in the previous quarter.

All major segments performed better compared to the same period in 2010.

Bad news though for retailers of optical goods & books as sales dropped 3.3% compared to May 2010. Meanwhile supermarket sales fell 1.2% in May 2011 over the same period last year.

The multi-partner Friends of Japan initiative seeks to support tourism recovery in the disaster plagued country.

The exchange eager to accept more companies from the environment sector in their plan to seek exposure and capital-raising in Asia.

Blame strong competition from HDB’s 25,000 new flats.

The 2 Indian men were each sentenced to a court fine of $3,000 but investigations are still ongoing for the Singaporean offender.

According to Mr. Supoj Suplom, permanent secretary at Thailand’s Transport Ministry, the Ministry has rejected Tiger’s proposal to start a budget carrier with Thai Airways.

Prices of luxury units have jumped an incredible 20% and now average $7.9m.

Economy may be ailing, but that’s not stopping Singapore shoppers.

Its total customer base is now up to almost 2m.

And guess who’s leading with 108 IPOs and US$20.4 billion funds raised?