News

Manufacturing output grew 22% in March 2011

The growth in manufacturing output was led by the pharmaceuticals segment which grew 60.9 per cent.

53% of Singaporeans reemployed in less than a month in 2010

Amid the robust economic performance, the incidence of workers laid off fell to a new low in 2010.

Looming pipeline supply could spur mass-market projects price corrections

Total unsold inventory had climbed to 35,000 units in 1Q 2011 from 33,000 units in 4Q 2010.

Inflation woes to get worse

The impending rise of utility costs in Q2 and rising commodity prices mean the inflation battle is by no means over, OCBC said.

HDB resale transactions fell 4% in 1Q 2011

Resale transactions fell to 6,228 cases from 6,454 in 4Q10.

Malaysian palm oil firm files defamation suit against Wilmar subsidiary

Pacific Inter-Link Sdn Bhd (PIL) issues a writ of summons against Wilmar Trading Pte Ltd (WTPL) for alleged defamation and unlawful interference with PIL's economic interests and businesses.

HDB launches largest supply of BTO flats since 2002

A total of 3,185 new flats are offered, comprising of 105 units of 2-room, 541 units of 3-room, 1,797 units of 4-room and 742 units of 5-room flats.

SMX to begin trading cash-settled AUD-USD, USD-JPY futures

Six consecutive monthly contracts of each currency pair will trade Monday to Friday from 10.00am up to midnight SGT starting from April 29.

Inflation to hover around and above 5% in the coming months

Underlying demand-led pressures will join up with rising commodity prices to keep inflation readings on the high end for a while, HSBC said.

Home price index may increase by 8% for 2011

OCR will lead the way with 10% growth, said PropNex.

Inflation rises to 5.0% in March 2011

On a month-on-month basis, consumer price index rose marginally by 0.1 per cent.

Industrial output to report a solid 23.8% for March 2011

It will further reinforce the point about a positive output gap in Singapore. said DBS.

Home prices up 2.2% in 1Q 2011

Prices of industrial, office and shop properties also increased by 8.3% 4.9% and 0.5% respectively.

TWSE competes head-to-head with SGX

The Taiwanese stock exchange's success in wooing foreign-based issuers may set the stage for more competition with the SGX, Kim Eng Research said.

Inflation likely to register 5.3% for March 2011

The headline price barometer which breached the 5% mark is significantly higher than the 1.3% average inflation over the last wo decades, said DBS.

Tiger Airways faces suspension threat in Australia

The airline’s fate remains to be seen after it was served with a “show cause” notice by the Civil Aviation Safety Authority.