News

Investors continue to park cash in Asian funds

Investors continue to park cash in Asian funds

This as they pull cash out of emerging markets funds for the third week out of four, according to a global funds report.

ST Marine gets letter of claim for supposed breach of contract

Louis Dreyfus Armateurs is claiming approximately S$64m for damages.

Record job postings: Short-term recruitment freezes over

In Singapore, job advertisements grew by 22% quarter on quarter.

Global monetary conditions are abnormal: PM Lee

Does this mean QEII is a disaster for emerging markets ?

Gadget sales up by 17%

And affluent Singaporeans are at the forefront as LED TV sales jumped considerably by 34% last year to hit 38% of overall TV units being sold in Q1, says GfK Asia.

More cooling measures ahead

And not only because the National Development Minister is worried.

Developers to be picky with bidding

This as they are said to replenish their much-depleted landholdings.

Decentralising: 62% of commercial space released outside CBD

Move was also seen as an attempt to minimise volatility in prime rents.

Empty houses: Is oversupply looming?

Total supply of private homes is said to amount to about 53,000 units.

Khaw Boon Wan warns of decline in property prices

“Sharp property price increases cannot go on forever,” said the Minister for National Development.

53% of Singapore companies anticipate overseas expansion

39% derive more than half of their sales from overseas markets.

Government to provide sites for 14,200 private residential units in 2H 2011

Most of the private residential sites, including 4 EC sites, are located in the Outside Central Region or in locations in the Rest of Central Region where more affordable private housing is expected to be built.

SGX lists Perennial China Retail Trust

PCRT seen to initiate the building of a more vibrant marketplace for more Manager-sponsored trusts in Singapore.

Inflation to rise along with Singapore's GDP growth

Singapore's inflation is expected to rise this year as economists upgraded their forecasts of gross domestic product growth to 6.2 per cent expansion this year.

Tiger Airways flies its 20 millionth passenger

Ms Lock Sau Lai, a regular Tiger passenger, was returning to Singapore from Phuket with her family on 8 June on flight TR2153, when she was met with huge roars by the Tiger team.

Global ETF’s assets up by 24%

The industry’s assets amounted to US$1,469 at the end of April 2011.