News

Europe is not the cause of Asia’s slowdown, which began more than a year ago; Asia is, says DBS.

Rents in Business and Science park as well as hi-tech space peaked in Q3 2011 at $3.85 psf/mo and $2.85 psf/mo, respectively but stayed firm through Q42011.

Weak economic data caused the Singapore dollar to slip against the US dollar.

There were continued gains on Wall Street and the Nikkei started strong.

Tobacco firms will need to roll out new graphic warnings and package cigarillos in 20s by March 1, 2013.

Economic doomsayers have been given fodder due to the weak January numbers but bright spots remain.

Possibility is raised as a new study cites "emerging concerns" on casino gambling participation.

The amount which is as huge as the previous 9-month provision of S$75.7m has analysts worried.

Blame it on the terminated Ropax ferry contract, says DBS.

But the corporate banking business is seen to drive UOB’s growth in FY12.

Industrial production index is seen to have contracted by 0.7% in January.

DBS reports a total of SGD23,000 worth of unauthorized withdrawals last Sunday, Feb 19.

Transport CPI inflation moderated sharply from 10% to 3.5%.

Employees in Singapore, amongst those in Asia projected to receive high salary increases.

Headline inflation in Jan fell below the 5% level, the first time in eight months.

The US dollar weakened against the G10 amidst downward pressure on risk assets including many Asian currencies.