News

Will the economic woes in the West take its toll on Asia?

Singapore’s volatile economy made its growth rate decelerate abruptly year-on-year between Q1 and Q2.

Curry, anyone?

A neighborhood feud turned into a mass campaign to make immigrants accept curry, smell and all.

Home sweet home? Not so as things turn sour saleswise

Expect sales volume to slow in the second half of 2011, warns an analyst.

Domestic wholesale trade grew 13.4% in Q2 2011

And foreign wholesale trade also expanded by 14.7% year-on-year.

Ka-ching!: Singaporeans’ online spending up by a whopping 236%

And guess which were the top three largest online shopping categories during the Great Singapore Sale?

Singapore’s real estate transaction volumes plunge 44.4% to US$ 2.2b in 2Q11

Jones Lang LaSalle says that even though transaction volumes were down q-o-q, it soared by an amazing 225% on a y-o-y basis.

Beware: Singapore to suffer significantly from global growth slowdown

An analyst warns investors to stay away from high-beta sectors such as industrials and property.

Beat it, road hogs! Singapore wins international award for road safety

LTA received the Edmund Ricker Transportation Safety Council Award for its efforts in improving road safety in Singapore.

Up for grabs: Incentive schemes ramped up for designers and builders

The $250m Construction Productivity and Capability Fund co-pays construction technologies and methods under the revised Buildable Framework.

Ring it up: SingTel continues to dominate telcos

The company has ~46% share in the post-paid mobile market.

The Chinese are top foreign buyers of residential properties in Singapore

Mainland Chinese buyers account for 26% of purchases by non-Singaporeans in Q2 2011.

What’s with the all-boys board members?

86% of accountants believe that women struggle to become board members in Singapore.

Global gold demand worth a near-record US$44.5bn in Q2 2011

Guess which country has the most demand for the yellow stuff?

Temasek: Our share of Singapore economy only about 10%

The investment firm made the clarification amidst “mistaken claims” that Temasek’s stake in the Singapore economy could be almost 60%.

Singapore may have only 80k-85k new jobs for 2012

From 110k-115k jobs initially, an analyst now expects less jobs due to US and EU’s credit woes.

Labor market growth likely to be gradual in 2011

The unemployment rate in Asia peaked in late second half of 2009 and has since drifted lower, says UBS.