News
Prime suburban rents dip to $28.90 psf/month in Q2 2011
Prime suburban rents dip to $28.90 psf/month in Q2 2011
Prime Orchard Road rents also declined by 0.5% in H1 2011.
Profit pressure: Global airlines’ profits slump on rising fuel costs in 2011
Softening demand may also slow yield growth to 5%-8%, down from 11% in 2010.
Shaky waters still ahead for NOL
Analyst says prospects remain weak for Neptune Orient Lines amidst fierce competition amongst carriers and poorer utilization levels.
No more breaks: SGX
All-day securities trading will start 1 August so market hours overlap with other Asian exchanges.
DBS Bank taps Singapore-China bilateral currency swap facility
Move targeted to further open up of opportunities by providing RMB financing to Singapore-based companies exporting to China.
Singapore Airlines add 15 Airbus A330s to its fleet
Rolls-Royce Trent 700 powered aircrafts will be operated on routes within Asia and to points in Australia and the Middle East.
Keppel bags S$140mn shipbuilding deals in Brazil
The Group’s shipbuilding unit in Brazil draws wave of new orders ahead of its anticipated opening in first quarter of 2012.
Public pressure: Half of Singaporeans demand affordable housing
And 39.7% wish that the Ministry will introduce means testing to determine the amount of subsidy potential home buyers can receive.
Singapore’s property auction sales drops by 27%
Sales only amounted to S$63.1 million versus last year’s S$87 million.
Taiwanese carrier TransAsia takes off at Changi Airport
TransAsia will operate the A320 aircraft in a two-class configuration on the Taipei-Singapore route.
Pilots send out a Mayday in court
This amidst a salary dispute involving Singapore Airlines and SIA Cargo.
What could be the next Asian credit growth crisis?
Current slowdown in credit may cause bigger headaches, says Morgan Stanley.
StarHub fails to absorb increase in programming costs
And so cable TV subscribers will, through a subscription rate hike effective come August.
Office property market is not overheating after all
Thanks to competition for tenants, rental growth of Grade A office space has been in check.
Benchmarking elevates private homes resale prices
What grew the fastest was the resale price of leasehold condominiums in suburban areas, with 3.9% quarter-on-quarter increase.
Asia Pac mergers and acquisitions up 21% to $282.9bn
And China leads with $84.3bn in 1H 2011.
Asia Pac loan volume reached $180bn in 1H 2011
And you’ll never guess which country led with a 22% share.
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