News

From 143,500 in 2009, demand for infocomm manpower in Singapore, which includes those employed and job vacancies, grew to 157,400 in 2010.

It is also expected that IRs will create 50,000 to 60,000 economy-wide jobs.

IATA believes passenger yields will be stable in 2011, said HSBC.

The approval of Chi-X Global Inc to operate in Australia's main bourse opens the room for stronger political support to Singapore Exchange.

More land sales may be in the pipeline, said Minister for National Development, Mah Bow Tan.

The strongest increases in costs to 2015 are projected in Singapore, Bengaluru, Hong Kong, Beijing and Chennai.

Households earning $3,000-$5,000 a month now have the chance to purchase 3-room flats that provide them more freedom in their other financial commitments.

Singapore, with its English speaking community, infrastructure and comforts, has made it a favorable place to attract talent and to do business.

Despite being part of the top 30 most expensive office location in the world in 2011, Singapore still only ranked 6th in Asia Pacific.

ROEs are edging upwards and back to 2007 levels, according to DBS.

However, earnings growth may not be attractive in 2011 at 7% due to continued NIM pressure.

Finance Minister Tharman said, if incomes grow by 30% in the next decade, Singapore will catch up with the developed countries' standards of living.

Tight labour market is the cause of rising wage bills, said Finance Minister Tharman.

Their objective is to achieve good long-term investment returns across economic cycles.

Minister for Finance Tharman Shanmugaratnam decided to allow tax deferrals that will allow businesses to obtain cash in the same year as their investments.

The mixed February manufacturing PMI readings suggest that the post-CNY growth momentum may not be all smooth-sailing.