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Singapore inflation forecast at 3.3% in 2011

Singapore inflation forecast at 3.3% in 2011

The December CPI may not change the April outlook as far as the monetary policy is concerned, OCBC said.

Asia's mobile remittance payment systems make telcos credit-positive

Yet Moody’s warns that carriers may become too aggressive in mobile payments.

Total capital investments to reach US$14bln in 2011

The EDB is optimistic on the prospect of foreign investment into Singapore for 2011.

6 banks fund international exchange in Asia Pacific

The funding for the proposed ASX-SGX combination comprises term loans of $3.8 billion and A$750 million.

Singapore ranked third in Globalization Index 2010

Hong Kong took the first place, followed closely by Ireland on Ernst & Young's Globalization Index 2010.

Holland Tower sale seen to draw prominent property buyers

Jones Lang LaSalle is marketing the Collective Sale of  the property and is offering interested parties a rare freehold residential redevelopment opportunity in the highly sought after District 10.

Inflation up 4.7% in December 2010

Higher COE prices, food and fuel prices, on top of the festive season effect are the factors driving inflation higher.

Singapore lagged behind Asian countries in weight recommendation

Singapore is the only country to recieve an underweight recommendation for asset allocation.

Budget surplus to exceed $6bln in FY2010

Rising tax receipts and a buoyant economy pulled the budget surplus higher, setting the stage for a generous FY2011 budget.

Inflation may reach 5% in 1H 2011

Increasing commodity prices may exacerbate the CPI inflation, OCBC said.

December exports recover from November slump

Demand for non-oil domestic exports in December rose 8.9% on-month and 9.4% on-year.

Singaporeans would rather travel than eat

Travel remains the top spending priority of Singaporeans, with 64 % saying it was the last category of discretionary spending they would cut.

Almost half of Singaporeans own a second property

According to OCBC, ST reported that 4 in 10 homebuyers in Singapore hold more than 1 property loan in the first 11 months of 2010.

Scrimping Singaporeans lag Asia in spending on dining and entertainment

A new survey from Mastercard has found that whilst 69% of consumers in Asia Pacific planned to spend on dining and entertainment this year, in Singapore the figure was just 58 per cent.

SGX lists Zhongmin Baihui Retail on Catalist

The retailer’s listing to SGX adds numbers of companies catering to Chinese consumers.