News

IATA believes passenger yields will be stable in 2011, said HSBC.

The approval of Chi-X Global Inc to operate in Australia's main bourse opens the room for stronger political support to Singapore Exchange.

More land sales may be in the pipeline, said Minister for National Development, Mah Bow Tan.

The strongest increases in costs to 2015 are projected in Singapore, Bengaluru, Hong Kong, Beijing and Chennai.

Households earning $3,000-$5,000 a month now have the chance to purchase 3-room flats that provide them more freedom in their other financial commitments.

Singapore, with its English speaking community, infrastructure and comforts, has made it a favorable place to attract talent and to do business.

Despite being part of the top 30 most expensive office location in the world in 2011, Singapore still only ranked 6th in Asia Pacific.

ROEs are edging upwards and back to 2007 levels, according to DBS.

However, earnings growth may not be attractive in 2011 at 7% due to continued NIM pressure.

Finance Minister Tharman said, if incomes grow by 30% in the next decade, Singapore will catch up with the developed countries' standards of living.

Tight labour market is the cause of rising wage bills, said Finance Minister Tharman.

Their objective is to achieve good long-term investment returns across economic cycles.

Minister for Finance Tharman Shanmugaratnam decided to allow tax deferrals that will allow businesses to obtain cash in the same year as their investments.

The mixed February manufacturing PMI readings suggest that the post-CNY growth momentum may not be all smooth-sailing.

Prices remained stable for the second consecutive quarter as buyers remained cautious after recent government tightening measures.

PMI gained 1.8 points, marking its fourth month in expansion territory above 50.