News

The discussion tackles measures which are said to include both macro supervision and micro measures to handle the anticipated increase in flows of capital into the region.

The central bank said that the policy of a modest and gradual appreciation of the SGD NEER will help "cap CPI inflation at 2-3% in 2011 from 2.5-3.0% in 2010".

OCBC said only a clear break of the 3200 mark on the upside may provide stronger cues to the market as any attempt from Wall Street may still influence trading results.

Government bond curve are more likely to steepen than flatten, given the prospect of strong growth and inflation.

Government of Singapore Investment Corporation  became the second-biggest shareholder in CICC. According to OCBC, the holdings increased from 7.35% to more than 16.35%.

12-year banking veteran Eric Reynaud will also be the Chief Executive Officer for Corporate and Investment Banking in the region.

Olivia will compete with more than 50 other country winners as Singapore's representative for the prestigious Ernst & Young World Entrepreneur Of The Year. Olivia is Singapore's first woman contender for the coveted world title.

While a 5.1% growth is to be expected, according to the latest MAS survey of professional forecasters. The growth and inflation for 2010 is 15.0% and 2.8% respectively.

Surpassing the 2007 record of US$295 billion, total global IPO proceeds for this year are backed by Asian issuers raising the most capital.

Sim Lian Land and Sim Lian Development closed the tender for Punggol site at $406psf ppr.

While 44% of Singaporean companies said that they have emerged from recession mode and are back in growth mode.

CapitaLand has sold 153 units more last week at the d'Leedon.

An increase of up to $32.5b came in this year due to the rise of investment deals of at least $5m each.

Banking industry is back in 2010 with the highest salary increases among all industries surveyed as higher rate of turnover reported across industries, compared to last year.

DBS says the central bank’s US$17bn intervention in currency markets in October is part of its attempt to do the impossible— to control the currency and interest rates at the same time that capital is free to come and go.

Nikko Asset Management will obtain DBS Asset Management for S$137 million in their signed agreement to combine both asset managements.