News
Government may unveil $7.5bn worth of special transfers
Government may unveil $7.5bn worth of special transfers
The amount is the highest since at least FY2004, beating FY2008's $7.4 billion.
Singapore households headed to a 'golden age'
Between 2000 and 2010, there was a rise in the proportion of resident households with elderly members aged 65 years and over.
Spendthrift Singaporeans helped push retail sales up 2.7% in December 2010
Favorable labor market conditions and booming tourism is keeping retailers happy.
Asia Pacific contract logistics seen to drive growth in Singapore's manufacturing sector
Singapore’s contract logistics business is expected to grow faster than that in most of its Southeast Asian neighbors.
Singapore is the favourite location for investment bankers
Singapore topped London, New York, and Dubai as talented bankers in the UK capital seeking jobs in the Asia Pacific region.
Singapore's January private home sales drop 9.7%
Private residential market remained affordable in January as 46.2% of all private units sold were in the <$1,000psf price range.
Median monthly income from work rose 2.8% in 2010
The Gini coefficient rose slightly from 0.471 in 2009 to 0.472 in 2010 including employer CPF contributions.
Singapore office rents surged 10% in 4Q 2010
Boosted by robust occupier demand amid a buoyant economy, Singapore office rents grew the fastest in Asia Pacific.
Hong Kong beats Singapore again as second most expensive location in Asia Pacific
Tokyo remains the most expensive location having occupancy cost of US$105.09 per sq ft per annum.
Singapore economy seen to grow 7% in 2011
Services sector will be the key driver of growth as well as job creation.
Keppel strengthens stock appeal with new contracts
The shipping company’s Brazilian yard secured two FPSO topside contracts worth S$381.4mln.
ABS to absorb SIBA
The Singapore Investment Banking Association will come under the umbrella of the Association of Banks in Singapore from the second half of this year.
EMA to study manpower in energy market
The Energy Market Authority and the Workforce Development Agency will study the "energy manpower landscape" in Singapore.
Ascendas REIT tests Chinese waters with S$117.6 mln investment
A-REIT purchased a 7.9 hectare property in an export and processing zone in Shanghai.
GDP may have expanded 6.5% in 4Q 2010
The economy has adverted a pharma led technical recession due to bounce back in drugs production in the final quarter.
Full House: Hotel occupancy up to 86 % as rooms average $212 a night
Average occupancy rate increased 9.8 percent while average room rates hiked 12.2 percent.
Singapore casino market pegged at $2.8B
Singapore has emerged as Asia's hottest new gambling capital just one year after opening its first casino.
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