News

The top spot still belongs to Hutchison Port Holdings’ US$5.5 billion IPO.

A letter of complaint was filed against the airline before the Civil Aeronautics Board of the Philippines.

The residential investment market amounted to $2b in 3Q11, accounting for a significant 45% of market share.

Prime office rents are seen to contract by 9.9% in FY12 as businesses hold off leasing plans.

HDB has ramped up the supply of new flats to meet increasing demand, offering 23,800 new flats between January and September 2011.

Tougher penalties will be in place to combat tax evasion and money laundering in Singapore, which has $1.2t worth of assets under management.

As prices continue to moderate for the 8th consecutive quarter since 4th Quarter 2009.

Bank lending may have been up 3% in August but slower economic growth is expected to lead to higher non-performing loans.

Prices slipped from S$2,286 psf in 2Q11 to S$2,243 psf, in response to a slowdown in luxury home sales.

Despite poor PMI data, Singapore’s manufacturing performance has been improving in recent months, led by the volatile bio-tech and pharmaceutical sectors.

The Minister for Trade and Industry cited this as among the things Singapore needs to do for more sustainable and inclusive growth.

A filing to HKEx said no new shares will be issued as a result of the listing.

According to a survey, ‘people not taking ownership for their actions’ is the top office pet peeve for Singaporean professionals.

As Qantas is seeking to get a slice of the booming Asian aviation pie.

Mr Ravi Menon said no regulator can totally prevent misconduct but stressed MAS “will leave no stone unturned to take rigorous action” against lawbreakers.

Western clinics accounted for a significant 59.3% of the health services industry in 2010.