News
Singapore banks show stunning loan growth at 24.2% YoY
Singapore banks show stunning loan growth at 24.2% YoY
And this is driven by business loans which expanded 27.5% in May.
Resale price index inched 2.9% to a record 179.9
Median resale prices have gone up Q-on-Q by 2.6% to 5.3% for 2Q11 across the various flat types, higher than the anticipated 2% to 3%.
Fitch warns corporate communication is not the same as corporate governance
Fitch takes into consideration various factors, ranging from systemic country issues, to issuer-specific management and board effectiveness.
New home sales jump 69% yoy in May
But a lot of apartments remain unsold, as launched but unsold units remained high at 5,030 properties.
Singapore’s inflation inches higher to 4.1%
While GDP growth is expected to hit 6.2%yoy in 2011, according to the latest MAS survey.
Second-hand homes become a hit
Number of resales was the highest this year in May, comprising 60% of all private home sales.
Homebuyers wait on the sidelines
Private home sales have slowed in June with buyers waiting for further project launches from the government land sales programme.
Are you making $6,300 a month as a manager ?
That was the median income for managers in 2010, but can you guess how much professionals earned ?
Over half of Singaporeans are paid a bonus on meeting KPI's
Turns out companies are complying with 89% of employees in the private sector found to be under some form of flexible wage system as at end of 2010.
Fraud in Singapore doubled
Incidents of fraud have doubled and the amount involved has gone up to $6.5 m.
M+S projects amount to 73% of total office supply for FY 12-14
OCBC says the Marina South and Ophir-Rochor projects would inject 268,610 sqm of office GFA into the supply pipeline.
Prime suburban rents dip to $28.90 psf/month in Q2 2011
Prime Orchard Road rents also declined by 0.5% in H1 2011.
Profit pressure: Global airlines’ profits slump on rising fuel costs in 2011
Softening demand may also slow yield growth to 5%-8%, down from 11% in 2010.
Shaky waters still ahead for NOL
Analyst says prospects remain weak for Neptune Orient Lines amidst fierce competition amongst carriers and poorer utilization levels.
No more breaks: SGX
All-day securities trading will start 1 August so market hours overlap with other Asian exchanges.
DBS Bank taps Singapore-China bilateral currency swap facility
Move targeted to further open up of opportunities by providing RMB financing to Singapore-based companies exporting to China.
Singapore Airlines add 15 Airbus A330s to its fleet
Rolls-Royce Trent 700 powered aircrafts will be operated on routes within Asia and to points in Australia and the Middle East.
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