News
Salaries in Vietnam to rise higher than Singapore's in 2011
Salaries in Vietnam to rise higher than Singapore's in 2011
While Singapore employees can expect a salary increase by 4% next year, a predicted 2.4% inflation rate will pull down the actual wage increase to just 1.6%.
New STI Dividend Index to capture dividend returns of constituents
New index enables investors to view the expected dividends of its constituents and to create fresh investment opportunities.
Keppel sells 90% of 220 units in Tianjin Eco-City
The eco-development is expected to yield 5,000 homes and commercial developments with a total gross floor area of 680,000 sm.
Quantity vs. quality: Employers hiring more but are short of qualified candidates
Job placements in Singapore rose by 5.2% in Q310 compared to Q2 but shortage in talent across various fields are driving companies to look for employees overseas.
Sought after service: Service sector spurs Singapore economy growth
Despite an unemployment rate of 2.1% in 3Q10, the services sector was able to generate a total of 24,100 new jobs as compared to a loss of about 400 jobs in the manufacturing sector.
Success of SGX-ASX deal yet to be seen
Recent changes in the Australian market and differences in legal and regulatory regimes between Australia and Singapore pose execution challenges for the two exchange companies.
OCBC nine months' profit up 20% to S$1.75bln
OCBC’s revenue momentum remains strong behind loan growth, robust fee revenues, and healthy contributions from Great Eastern and Bank of Singapore.
Singapore Airlines inaugurates Tokyo Haneda services
SIA’s operations to Narita and Haneda airports bring in a total of 47 weekly flights to and from Japan.
CapitaLand first nine months profit up 349% to S$751mln
Higher development profits and divestment gains drove almost four-fold growth.
SingPost second quarter profit down 2.5% to S$39.5mln
The Group’s total expenses up 10.3% to S$104.1mln even as its revenue surged 5.6% to S$137.6mln.
Singapore Exchange completes listing of Oxley Holdings
The developer’s S$570mln market capitalization is SGX Catalist’s largest IPO, enabling it to strengthen its market position.
Quarter-life crisis: 78% of Singapore yuppies feel stressed and unsatisfied about work
Fear of losing jobs, not saving enough money for the future and economic uncertainty are making young Singaporeans worry about suffering from depression, anxiety and cancer.
Emerging markets deluged with capital as economies recover
A report from Moody’s Investors Service lists currency appreciation and the massive capital inflows for emerging markets as consequences of their rapid economic growth.
Working overtime: Singapore may raise retirement age to 68
Singaporeans might have to put their retirement plans on hold as Minister Lim Boon Heng suggested that Singapore may need to raise its retirement age to 68, like Finland.
New property prices may fall: developers survey
34% of developers surveyed by the latest Real estate Sentiment Index expect prices of new launches to fall, albeit by less than 10% over the next six months.
Singapore companies sign US$291mln projects with Vietnam companies
Deals of Keppel Land and CapitaLand with Vietnamese companies affirms positive Singapore-Vietnam business and investment climate.
Great Eastern profit up threefold to $168.6mln
Strong profit from the Group’s focus on regular premium and protection products drove its stellar performance.
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