News
Inflation likely to register 5.3% for March 2011
Inflation likely to register 5.3% for March 2011
The headline price barometer which breached the 5% mark is significantly higher than the 1.3% average inflation over the last wo decades, said DBS.
Tiger Airways faces suspension threat in Australia
The airline’s fate remains to be seen after it was served with a “show cause” notice by the Civil Aviation Safety Authority.
E-filing fails to boost number of taxpayers
Despite the IRAS' introduction of an electronic system, the filing rate for 2011 remains at 88%, about the same as last year.
iPads and inflation: Double I's hurting PC sales
The Asia/Pacific (ex Japan) PC market posted a flat 1% growth for 1Q11, with only 26.8 mln units sold.
Vacancies in Causeway Point mall hurt FCT's portfolio
Frasers Centrepoint Trust's portfolio occupancy dropped to 83% in 2Q11 as tenants move out to give way to refurbishments.
Changi airport remains busy despite drop in Japanese travelers
Passenger traffic rose 7.5% YoY to 3.71 million in March 2011 even with a 9.6% decline in passenger movement between Singapore and Tokyo.
STI gains from Wall Street rally seen to continue
Kim Eng forecasts the index to test the 3,180 resistance level today after it closed above its key moving averages yesterday.
Fitch affirms Singapore's AAA rating; outlook stable
The ratings agency cited strong public sector balance sheet and large fiscal surpluses as some of the bases for the country's sovereign status.
All work and no play: 69% of employees do work-related tasks while on holiday
45% of employers also expect their employees to be available while on annual leave or out of office hours.
SG phone companies slash 30% off phone call rates
Singapore and Malaysian companies move to reduce bilateral roaming rates.
Singapore ranks 7th most expensive warehouse location globally in 2H10
Tokyo and London-Heathrow also maintained their top two positions, at US$22.56 psf per annum and US$20.11 psf per annum, respectively.
MAS to launch bills
The facility will function as the fourth MMO policy instrument, said OCBC.
Cooling measures moderated home sales
Singapore's latest round of property measures have started to take effect, said Keppel Land.
Singapore dissolves parliament
This is a move to set a stage for the General Elections on May 7.
SPRING Singapore invests $86mln to boost retail sector
The retail productivity plan aims to raise the nominal value-added per worker by about 25 % by 2015.
Offshore & marine sector net earnings to rise 23% in 1Q 2011
Cosco will lead the pack, generating growth of 88% on higher offshore and shipbuilding sales, said DBS Vickers.
Singapore second to Malaysia with worst inflation problems
69.1% of accountants surveyed by ACCA cited inflation as a problem this quarter compared to 35.0% in the first quarter of 2010.
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