News
Inflation forecast remains at 3-4% for 2011
Inflation forecast remains at 3-4% for 2011
MAS Core Inflation for the whole year will be 2-3 per cent, said the MAS.
Record 2mn visitors in first 2 months of 2011 to boost hospitality sector
Emerging travel patterns post March 2011 could be in Singapore's favor, said DBS Vickers.
Singapore's office occupancy cost remains about 62% more affordable than Hong Kong's
Office occupancy cost of Singapore remains at US$191.97 psf per year as of December 2010.
Singapore ranked 9th most expensive office location
Hong Kong remains the most expensive office location in the second half of 2010.
Nearly 50% of Singapore professionals have seen social media hurt workplace relationships
Only 30% believed that these sites facilitate the develoment of better working relationships with their professional counterparts.
Offshore and marine, banks and hospitality sectors to boost overall market earnings
The three select sectors are expected to report higher profits, said DBS Vickers.
Global cross border investment volumes grew 38% year-on-year in 1Q 2011
However, the investment volumes decreased 20% from the previous quarter, said Jones Lang LaSalle.
Smartphones could make up 80% of telcos' postpaid bases
Sales for handset should fall q-o-q as Singapore comes out of the festive period and as the iPhone 4-related craze enters its tail end, says CIMB.
SingTel joins global consortium to build South-East Asia Japan Cable
SJC system will link Brunei, China, Mainland, Hong Kong, the Philippines, Japan, and Singapore.
Singapore’s business confidence soars
Rising optimism means increasing business expenditure in Singapore as over two thirds of Singaporean companies report 69% rise in revenue, and 61% have experienced healthy profit growth.
Singapore ranked 7th most popular destination for luxury retailers
Hong Kong maintained its position as the most popular destination, according to CBRE.
More than 80% of organisations do not have a talent strategy for their finance team
Chief Finance Officers are under pressure to secure the right talent, says ACCA and KPMG.
Keppel order wins could reach $5.5bn in 2011
Standard Drilling, Keppel's customer, will be buying two jack-up rigs being built for Clearwater.
Inflation has likely peaked
CPI inflation is expected to moderate from now on, said Minister Lim Hng Kiang.
Crisis in Japan, Middle East have low impact on Singapore economy
Although the recent increase in oil prices is likely to have affected global economic activities to some extent, the impact has been small, said Minister Lim Hng Kiang.
Tiger Airways earnings to be resilient as passengers opt for budget over full service carriers
Tiger will be increasing its base ticket fares to absorb rising jet fuel costs, said DMG.
Over $2.3mn will be given to new programme for seafarers
The Certificate of Competency (Special Limits) will help seafarers secure placement with potential employers even before they embark on training.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform