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Rate of growth of spot rents however is expected to decline.

Credit in China, India, Korea and Australia is starting to stabilise relative to GDP.

And globally 45 private equity backed companies raised US$17.2b, the highest since 2007.

The sector maintained credit quality over the past six months, despite the pressure from intensifying competition and regulation.

Total amount available for distribution also rose 4.4% YoY and 7.6% QoQ to S$65.9m.

Compared to the same period in 2010, total exports grew by 6.2 percent in June 2011.

Statistics showed a 16% increase in the number of arts activities to 33,884 in 2010.

Blame it on poor travel demand on its Japan routes.

The Friends Investor Attitudes Index reached 21 points in, up from 16 points a year ago.

This is likely to add another ugly stroke to the set of advance GDP growth figures released last week.

Developers might as well pray buyers remember it’s Hungry Ghost Month in August and buy this month as otherwise overall sentiment is cautious.

Meanwhile home prices are stabilising with 1.9 percent increase in the second quarter compared to 2.2 percent in the previous quarter.

All major segments performed better compared to the same period in 2010.

Bad news though for retailers of optical goods & books as sales dropped 3.3% compared to May 2010. Meanwhile supermarket sales fell 1.2% in May 2011 over the same period last year.

The multi-partner Friends of Japan initiative seeks to support tourism recovery in the disaster plagued country.

The exchange eager to accept more companies from the environment sector in their plan to seek exposure and capital-raising in Asia.