News
Inflation has likely peaked
Inflation has likely peaked
CPI inflation is expected to moderate from now on, said Minister Lim Hng Kiang.
Crisis in Japan, Middle East have low impact on Singapore economy
Although the recent increase in oil prices is likely to have affected global economic activities to some extent, the impact has been small, said Minister Lim Hng Kiang.
Tiger Airways earnings to be resilient as passengers opt for budget over full service carriers
Tiger will be increasing its base ticket fares to absorb rising jet fuel costs, said DMG.
Over $2.3mn will be given to new programme for seafarers
The Certificate of Competency (Special Limits) will help seafarers secure placement with potential employers even before they embark on training.
Yale, NUS open first liberal arts college in Singapore
The success of the Yale-NUS College is also a success for Singapore, said Prime Minister Lee Hsien Loong.
Tata Chemicals to acquire 25.1% stake in Olam worth US$290mn
Risk on project execution is significantly reduced as the two companies brings critical expertise in project management, production, operations and maintenance, and sales and marketing of fertilisers.
Tiger Airways March passenger volume up 23% to 6mn
Load factor from April 2010 to March 2011 averaged 86%, compared to 85% in the previous 12 months.
Higher interest rates dampen hopes for more affordable houses
Every 50bp change in interest rates will lift average mortgage payments by 7% per cent, says CIMB.
Singapore election will have little impact on stock market
Unlike regional countries where election results have investment implications for politically-linked stocks, the investment implications in Singapore are more spurious, says CIMB.
Turmoil in Middle East and Japan spooked investors: Ernst & Young
It slowed down the pace of new issuances in March including those in Singapore and Asia.
MAS expected to revalue currency
The Monetary Authority of Singapore is also expected to steepen the band.
Only 6% of Singaporean companies have funding needs
About one-third of companies in Morgan Stanley Research's list have a funding position to meet by either debt, equity or better-than-forecasted cash generation.
SGX is not an ugly duckling despite rejection by Swan:Phillip Securities
Efforts at organic growh are showing as trading volume for both securities and derivatives recover.
SGX not in a hurry for another merger and acquisitions deal: DBS Vickers
Singapore Exchange still has enough opportunities in its existing business, DBS said.
MAS amends code on Collective Investment Scheme
The key changes include strengthening of core investment requirements, introduction of new guidelines, and enhancing security for investor protection.
Failed SGX-ASX deal may harm foreign investment in Australia:Moody's
The rejection of the proposed merger with SGX will limit the Australian securities market operator’s ability to compete in an increasingly competitive global market, Moody's warned.
GDP forecast at 5.4% in 1Q2011:OCBC
OCBC also believes that there's a 55% probability of a tightening via re-centering.
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