News
Singapore office market gross effective rent up 29% year-on-year in 1Q 2011
Singapore office market gross effective rent up 29% year-on-year in 1Q 2011
The average CBD Prime Grade A gross effective rent showed an increase of 7.0% q-o-q to $10 per sq ft per month.
Singapore radiation level safe
The likelihood of any radioactive plume reaching Singapore remains very low.
Government expects 12-13mn visitor arrivals in 2011
Singapore Tourism Board also forecasts $22-$24 billion worth of tourism receipts in 2011.
Singapore gaming market almost inflation-proof:Moody's
The current inflationary environment with strong economic growth will not adversely affect gaming operators in Macau, Singapore, and Malaysia.
Inflation impact on Asian corporates is limited:Moody's
Moderately higher inflation is credit negative, but will not exert rating pressure on most Asian corporates in the near term.
Mapletree puts $1bn IPO plans on hold
Mapletree Investments has postponed its planned commercial REIT IPO due to volatile markets arising from the earthquake and tsunami in Japan.
Commercial landlords to benefit from strong recovery in capital values
Prime Grade A office rents have continued to inch up in recent months, albeit at a slightly moderated pace.
Singapore auditor oversight system recognised as equivalent to the European Union
Singapore is amongst the first batch of ten countries, including Australia, Canada and the US, to gain this recognition.
Singaporean banks to benefit from Enhanced Deposit Insurance
The revised deposit insurance scheme would insure in full 91% of the expanded insured depositor base.
7 in 10 corporate websites not good enough for job seekers
Most companies are at risk of losing young talent, according to the survey by SHRI commissioned by StepStone Solutions.
Industrial production may have improved to 12.2% in February 2011
This is a slight increase from 10.5% yoy in January 2011 since the upside is limited given ongoing weakness in demand.
Australia not against Singapore Exchange's bid for ASX
Australia Treasurer Swan has denied market speculation that his government opposes the ASX-SGX merger, said OCBC.
ST Engineering client terminates shipbuilding contract
Louis Dreyfus Armateurs have alleged that there is a delay in the delivery of the Ropax vessel from ST Marine, the marine arm of ST Engineering.
Singapore insurers to tap Far East markets in 2011:Ernst & Young
Insurers must choose their opportunities carefully and move quickly to take advantage of the expansion in South Asia and East Asia.
Japan crisis may drag down Singapore shipments:OCBC
Recent NODX figures came in disappointing, although OCBC's and market forecasts did have little impact in the market given the nuclear crisis in Japan.
Inflation remains top concern for central bankers:DBS
The adjustment in MAS's exchange rate policy is geared towards medium term inflation and growth outlook.
Lacklustre exports seen to be temporary:DBS
Despite ongoing worries on high oil prices derailing growth, PMIs of key markets have remained in the expansion zone.
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