News
Changi Airport posts record 42mln passengers in December
Changi Airport posts record 42mln passengers in December
Monthly traffic crosses 40-million mark for first time in history in December as airport sees double digit growth registered for cargo movements in 2011.
Sembcorp Marine's subsidiary clinched US$182mln contract
PPL Shipyard signed another turnkey contract to build a jack-up rig with Atwood Oceanics Pacific Limited.
Singapore ranked third most active in Asia Pacific investments
China remained the most liquid market in Asia Pacific in 4Q 2010, accounting up to 50% of the activities in the region.
No rest for the well-paid as Singapore Exchange will introduce continuous all-day trading
To enhance access to companies listed on SGX, trading hours will be from 9:00am to 5:00pm.
CapitaCommercial Trust distributable income up 11.3% in FY2010
Distributable income came in at $221 million, according to CapitaCommercial Trust Management Limited.
Singapore Exchange securities daily average value forecast at $1.9bln for FY11
After consistently disappointing Phillip Securities' estimates, Phillip Securities lowered their SDAV estimates for 3QFY11 and 4QFY11 to $2 billion.
Singapore Airlines load factor dropped 3.6ppt in December 2010
The lower load factor was attributed to smaller volume of lower fare promotions.
Home sales down 30% in December 2010
Excluding ECs, 1,332 units were sold in December, according to DBS.
Singapore Exchange profit up 14% in 2Q FY2011
Adjusted net profit came in at $81.7 million and net profit without adjustment came in at $74.2 million.
Singapore inflation may reach 5%
Inflation may reach 5% in the coming months, MAS Deputy Managing Director Ong Chong Tee said.
Singapore fiscal surplus to register $6.4bln
Strong wage growth and buoyant corporate earnings are expected to bolster the official coffer, DBS said.
Singapore export headed for sluggish growth
Recent export numbers were on the weak side following the very rapid expansion seen from end-2009 and well into 2010, HSBC said.
Singapore non-oil domestic exports slowed to 9.4% in December 2010
A 1.1% contraction in electronic products dragged down the expansion of NODX.
Singapore total trade eased 9.1% in December 2010
Compared to the 13% y-o-y growth in the previous month, Singapore total trade eased in December 2010.
Australia picks Sembcorp Marine subsidiary to build $123mln ship
Sembawang Shipyard also secured three major upgrading contracts worth S$92 mln, including an LNG carrier longevity project.
A-REIT's profit surge 3.3% for 3Q FY10-11
The property developer's 3.7% YoY revenue jump was offset by higher operating expenses and an enlarged property portfolio.
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