News

Median monthly income from work rose 2.8% in 2010

Median monthly income from work rose 2.8% in 2010

The Gini coefficient rose slightly from 0.471 in 2009 to 0.472 in 2010 including employer CPF contributions.

Singapore office rents surged 10% in 4Q 2010

Boosted by robust occupier demand amid a buoyant economy, Singapore office rents grew the fastest in Asia Pacific.

Hong Kong beats Singapore again as second most expensive location in Asia Pacific

Tokyo remains the most expensive location having occupancy cost of US$105.09 per sq ft per annum.

Singapore economy seen to grow 7% in 2011

Services sector will be the key driver of growth as well as job creation.

Keppel strengthens stock appeal with new contracts

The shipping company’s Brazilian yard secured two FPSO topside contracts worth S$381.4mln.

ABS to absorb SIBA

The Singapore Investment Banking Association will come under the umbrella of the Association of Banks in Singapore from the second half of this year.

EMA to study manpower in energy market

The Energy Market Authority and the Workforce Development Agency will study the "energy manpower landscape" in Singapore.

Ascendas REIT tests Chinese waters with S$117.6 mln investment

A-REIT purchased a 7.9 hectare property in an export and processing zone in Shanghai.

GDP may have expanded 6.5% in 4Q 2010

The economy has adverted a pharma led technical recession due to bounce back in drugs production in the final quarter.

Full House: Hotel occupancy up to 86 % as rooms average $212 a night

Average occupancy rate increased 9.8 percent while average room rates hiked 12.2 percent.

Singapore casino market pegged at $2.8B

Singapore has emerged as Asia's hottest new gambling capital just one year after opening its first casino.

13 million tourists to arrive in Singapore this year

DBS anticipates strong demand underpinned by new phases opening and new rides wowing visitors in RWS and USS.

Golden Agri-Resources reacts to Greenpeace campaign with new policy

The policy pushes the Singapore-listed firm to have no development on High Carbon Stock forests, High Conservation Value forest areas and peat lands.

Singapore signs MoU with International Air Transport Association

The MoU is expected to further enhance the close collaboration between the Association and the Government in the are of civil aviation.

Singapore is one of the world's most evolved social media markets

Brands that are not engaging consumers in social media are at risk from being sidelined.

Exchange tie-ups put focus on Asia

A wave of stock exchange consolidation globally has thrown the spotlight on Asia's bourses.

Singapore visitor arrivals up 15.9% in December

Visitor arrivals in Singapore rose 15.9 percent in December from a year ago to a record monthly high of 1.13 million. It was helped by the opening of two multi-billion-dollar casino-resorts, the Singapore Tourism Board said.