News

On a y-o-y basis, total trade rose by 6.4%, following the 14% increase in the previous month.

Non-electronic NODX expanded by 20% while electronic NODX contracted by 13% in February this year.

Elaine Low presented a cheque for 1m Singaporean dollars ($780,000) to Japan's ambassador, Yoichi Suzuki, on Wednesday.

As long as Asia central banks do not "overkill" in their monetary tightening, Singapore should see external demand picking up again towards the second half of 2011.

Singapore had a head start as an aviation hub but other countries and new hubs are fast catching up, said Mr Goh Chok Tong, Senior Minister.

Export figure is expected to decrease following a robust expansion of 20.8% in the previous month.

Despite the proportion of buyers falling marginally to 33% in January 2011, channel checks confirmed that smaller size units remained popular.

URA will be enhancing the HDCLA and HDR to give home-buyers access to accurate and timely information about the market and units that they are buying.

The Singapore job market remained active and Robert Walters gives us a glimpse of the numbers.

Singapore-listed Ascott REIT expanded to the Pacific and Europe respectively as they looked to diversify their portfolios and income sources.

OCBC's volume of London home loans more than doubled in the last quarter of 2010.

In 2010, seafood imported from Japan constitutes less than 2% of Singapore's total seafood imports by quantity.

Developers are expected to continue to push out their projects in March 2011 amid mounting global uncertainties, said Colliers International.

The January retail sales numbers was one of the surprises Singapore has delivered over the past few months.

The URA monthly sales volume fell to 1,101 units last month.

However, January still showed strong retail sales in nominal terms with an increase of 2.9 per cent compared to January 2010.