News

The devil floats Prada

At US$2.1 bn dollars, it’s the 2nd biggest IPO of the year on Hong Kong exchange.

Warnings as inflation smashed through 4.1% in May

And industrial production fell 7 % - is this a new stagflation ?

Inflation has peaked in Singapore as car prices drop

Is this a new normal, or just a bump on the road to higher prices ?

Electronics exports down 15.2% in May

Blame it on fewer shipments of integrated circuits, PC components and disk drives.

Keppel Land gets approval to proceed with Ho Chi Minh City waterfront project

Masterplan approval gives green light to the city’s first phase of the development of approximately 1,500 waterfront apartment units targeted to be launched in 2012.

Employers are hiring; where are the applicants?

There are said to be 1.39 job vacancies for every one unemployed person. And, yes, wages will go up.

Casinos warned about full-scope inspections

Casino Regulatory Authority Chairman Richard Magnus expect casinos to “have by now sorted out any kinks in their operations”.

New Thomson Line station to be built near Republic Polytechnic

The Land Transport Authority will integrate the new station with the proposed Rapid Transit System link between Singapore and Johor Bahru, says channelnewsasia.com.

Older BTO applicants justify higher income ceiling

That is as first-time applicants for new Housing and Development Board flats reach a median age of 34, according to todayonline.com.

70% of Singaporean companies plan to adopt cloud computing

The other 30 % presumably still use a rock and chisel.

Ad Blitz: 52% of Singapore companies raising their marketing spend

And Twitter just pushed LinkedIn out of second spot as preferred choice.

Government blocks sale of Marina Bay Sands mall

Marina Bay Sands Pte Ltd is not allowed to sell, transfer or dispose of its estate interest in Marina Bay Sands within the exclusivity period of 10 years.

No letters to Canada for now

But if you have items already with SingPost, they will deliver as soon as Canada Post resumes its operations; the question is when.

Policy risks remain, warns analyst on property

This amidst supposed pressures to adopt a more ‘promasses’ approach following the elections.

Ahoy Seamen: You now have rights in Singapore

With the ratification by Singapore of the Maritime Labour Convention, 13 International Labour Organisation member States have now ratified this important Convention.

Condo sales up 49% in May

Three developments accounted for half the market, find out which ones they were.