News
Singapore operations threatened by floods ravaging Thailand
Singapore operations threatened by floods ravaging Thailand
Reports are flooding in that Singapore companies are flooded out in Ayutthaya, Thailand.
SGX queries electronics manufacturer PCA Technology on significant profit margin decline
Blame it on significant decrease in our consignment business, says PCA Technology.
Singapore may struggle to achieve 3% annual growth productivity
That is if Singapore wants to increase real incomes for Singaporeans broadly, including those with low incomes.
AsiaPac real estate investment volumes reach an amazing US$20b in 3Q11
Transaction volumes rose 8% from last quarter, according to Jones Lang LaSalle.
Money matters: MAS reduces slope of policy band
Modest and gradual appreciation of the S$NEER policy band will be continued.
Singapore export growth may have plunged to 1.8% in September
Bad news ahead for the country’s economy as electronics exports may have contracted further by 12.3%.
Hopes rise as Singapore’s economy surges 5.9% in 3Q11
Manufacturing rebounded by 13.2%, buoyed by the strong performance of the biomedical manufacturing segment.
27% of AsiaPac brand executives inefficient in social media strategies
Better get your act together soon, as sociability is expected to contribute 65% to a brand’s overall reputation in three years.
SIA gets go-ahead from ACCC
The Aussie dream draws closer with the Australian Competition and Consumer Commission providing draft approval for SIA to fly into Virgin Territory.
Government to invest $17m in furniture industry’s workforce
SPRING plans to train and certify 1,300 workers through 16 new courses.
Grade A office rents may plummet 18-22% in 2012
Rents are expected to drop to S$8.50-9psf, as the country’s employment and GDP growth is on the decline.
CapitaCommercial Trust shaken by lower rental income
Now it has less distributable income to share, down to S$51.9m in the third quarter from S$56.2m in the same period last year.
Testing times: Emerging market growth in its weakest level in nine quarters
The slow growth implies that the pace of global economic growth will remain disappointing at well below 3% in both 2011 and 2012.
Slower growth feared for Singapore
DPM Tharman said the government will spend more in the next five years to sustain growth. MAS meanwhile will continue “judicious management” of the dollar to curb inflation.
Residential prices may plunge 12-18% in 2012
Mass market unit prices are expected to drop from $1,000psf to $850psf next year.
Nidec halts subsidiaries' operations in Thailand
Flood damages have forced the company to halt operations of Nidec Electronics and Nidec Precision in Ayutthaya, Thailand.
Singapore’s hotel investment market amounts to a whopping US$1b in 2011
After China, Singapore has been the most active market this year, accounting for 27% of the total investment volumes.
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