News
Signs point to lower property sales in June: OCBC
Signs point to lower property sales in June: OCBC
And they say policy overhang remains a concern.
SIA’s load factor to continue dipping, warns analyst
And blame it on high air fares due to fuel surcharges.
Expect homebuyers to be more selective and cautious: Colliers
This as they are said to be becoming increasingly price-sensitive amid strengthening prices.
Take-up of new homes will be lower, warns advisor
And to use CB Richard Ellis’ words, “there is some degree of apprehension” amidst the planned release of HDB flats and land for private homes.
Food & beverage sales up 5.4% in April
The Department of Statistics said all major segments reported higher turnover in April 2011 compared to the same period in 2010.
Retail sales up 8.1% in April
But retailers of furniture and household equipment were not sitting pretty with sales dropping 1.4% compared to April 2010.
Singapore-based Facebook founder Eduardo Saverin joins board and invests in Singapore start up ADZ
Is this the next multi-billion dollar post facebook company that looks like it wants to kill Google’s ad business?
Is your boss trying to buy you off with free days off instead of cash for overtime ?
If so, you are not alone with companies employing this and other tricks to avoid paying employees more, read to see what else they are doing.
58% of Singaporeans with financial plans have more retirement assets
They have more than twice the amount of assets than those without financial plans.
Monthly sales of residential units slump by 12% to 1,575
Sales volume decreased significantly in the Core Central Region (CCR) with a 43% drop in May following April’s increase of 14%.
Two-thirds of Singaporean companies will not increase head count next quarter
But banking, insurance and real estate are still hiring.
You’re hired: Total employment in Singapore rose by 28,300 in Q1 2011
Contract workers are getting a 10% premium over perm staff and bean counters are in high demand.
Singapore mobile ad market grew by 18% in 4 months
Oh, and Android crushed Apple over the last 4 months as the mobile ad market reached 139 mn monthly impressions, increasing by 119 mn from January 2011, according to InMobi’s report.
Foreign Financial Talents name Singapore as their preferred workplace over Hong Kong
18% of finance professionals picked Singapore vs 14% for Hong Kong, but which Asia city was picked ahead of Singapore at 23%?
IT services in AsiaPac to grow by 6.6% to USD205 billion
And the market is rebounding with growth likely to top 9% in 2015, says Ovum.
IBM in danger of complacency, warns analyst
Oh, and the company is also "obsessed with financial results that cause it to fail," says Ovum.
SGX and 3 ASEAN exchanges boost trading interconnectivity
SunGard provides access to multiple markets via a single connection, which feeds real time data.
Commentary
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