News

Singapore office rents insensitive to GDP changes

Singapore office rents insensitive to GDP changes

Office rents are less sensitive in the GDP variations in Singapore, according to DTZ.

Optus battles against Telstra

Telstra has exhausted its final blast in growth giving Optus the chance to strike back.

URA wants accurate info on housing projects

Changes to the law may be in store for property developers on how they build and present showflats to potential buyers.

SingTel's mobile customer base up 34% to 383mn

SingTel maintains lead with highest postpaid net adds in two years while Optus postpaid mobile and wireless broadband subscriptions continue strong growth.

Kiasi Singaporeans splurging on insurance

The life insurance industry recorded a robust 16 per cent growth over the previous year.

Government bans sneaky developers from faking show flats

The regulation will be introduced to ensure developers build showflats that accurately represent the actual units in a project.

In-flight food prices to soar as inflation bites

The Food Price Index which increased to 230.7 in January 2011 sparked concern over the rising cost of food staples.

Singapore Casinos remain a full house

Visitor arrivals to the Integrated Resorts hit more than a million during Chinese New Year, said OCBC.

Treasury bill auction fetched 0.28% average yield

The $3.9 billion 3-month T-bill had the lowest bid-cover ratio since November last year.

8% profit gain highlight China Fisheries Group's slow season

The company’s 1Q11 profit of US$19.7mln is “within expectations" for a ho-hum period, DBS Bank said.

Singapore stayed immune to stock market shocks in Nov-Dec 2010- Morgan Stanley

The financial advisory firm said the city-state is the lone ASEAN market where investor portfolio weights did not decrease in the last two months of 2010.

Singapore ranks 2nd in productivity for 2010

High GDP growth boosted the country’s productivity growth 12.7%, according to the Conference Board estimates.

80% of marketers worried their brands may be in danger

Throwing dollars at social media is only doing half the job.

Economic activity slowed by 0.2 points in January 2011

Electronics dragged down the Purchasing Managers Index as it retreated for a second time by a sharper 1.4 points.

Singaporeans to face higher inflation in 2011

Prime Minister Lee warned that higher inflation is expected in the next few months.

Singapore outstripped Asia with office prices jumping 10% last quarter

Highest in Asia, Singapore beat Hong Kong, Beijing and Guangzhou.

Dry bulk shipping companies likely to incur losses in 2011

The Baltic Dry Index has been declining due to the floods in Australia that cause the closure of coalmines.