News

NODX to Japan contracted 6.9% in March 2011

Non-oil domestic exports  to all top 10 NODX markets, except China, the EU 27, the US and Taiwan, fell in March 2011.

Japan calamities to ease exports growth

Elevated oil prices and the full effects of the calamities in Japan will affect the exports as it unfolds.

Stronger 1Q GDP reinforces 2011 GDP forecast of 7%

This is higher than the official forecast range of 4-6 per cent, said DBS Vickers.

NODX contracted 2.9% month-on-month in March 2011

On a year-on-year basis, however, NODX rose by 10%, following the 6.9% increase in the previous month.

Singapore most competitive tourism industry in Asia

The countries that are traditionally more reliant on tourism also tend to invest more heavily in the sector, said UBS.

Strong labor market to boost retail sales in 2011

Retail sales will this year find support from good job prospects and rising wages, said HSBC.

Property sales down 6.7% in 1Q 2011

Sales totalled 3,701 units compared to 3,965 units sold in 4Q 2010.

April 2011 developers' sales volume level could challenge March 2011's

Affordably-priced projects with good attributes are still expected to enjoy healthy sales.

Retail sales decreased 12.1% year-on-year in February 2011

On a month-on-month seasonally adjusted basis, retail sales decreased 3.6 per cent.

Private property market transaction up 25.7% in March 2011

The private property market transacted 1,543 units in March up from February's 1,228 units.

Consumer demand for tablet computers will explode

The technology sector may have been overlooked by the market but consumers are still expected to spend on selected categories under the said sector.

Accelerating business loans hint of a recovering economy

The revival of business loans will have a much stronger positive effect on margins, said CIMB.

AVA lifts suspension on imports of fruits and vegetables from Ehime

The Japanese exporter of the contaminated Perilla Leaf sample had wrongly listed its origin to be Ehime Prefecture, said MAFF.

URA used 6.5mn population parameter for Concept Plan 2011

CP11 will map out the land use and infrastructure development of Singapore in the next 40 to 50 years.

Singapore dollar set to test new highs as MAS goes easy on the appreciation

The MAS has appreciated the S$ trading band, but in a surprising move they didn't go as far as they could have.

Singapore attracted an eye popping 90 % of all property investment in SE Asia in Q1 2011

Total transaction value for the region fell 44.1% q-o-q to US$6.1 billion in Q1 2011.