News
More than half of Singaporeans wary of cooling measures' success
More than half of Singaporeans wary of cooling measures' success
58.4% of survey respondents are undecided whether the measures will succeed in cooling Singapore's red-hot property market.
Number of employed jobseekers drop to 2,800 in 1Q11
The figure is down from the 4,800 job seekers place in the same period last year.
Trend shows PAP win tied to STI gains
Data from past polls show the index typically outperforms if the percentage of votes won by PAP is high, said DMG Research.
Policy risks hang over Roxy Pacific's latest launches
Sales might be strong for the Toh Tuck Road project, but OCBC Research says policy overhang might slow down the company's momentum.
Manufacturing PMI surged 2.4 points in April 2011
The PMI grew more than expected to 52.5, after slipping for the last two consecutive months, said OCBC.
SGX average daily trading volume rose 12% in April 2011
Futures & options average daily trading volume rose from 224,575 to 252,401.
Marriott to launch membership program in Asia with free internet access as benefit
The hotel chain's executive vice president Asia Pacific & Australia, Craig Smith, says this programme change is a great incentive for frequent travelers.
Stocks selling at a bargain as GE nears
Various developer stocks are currently trading at a sharper discount to their book value, or at a smaller premium than before.
Government raises income limit for BTO flats to S$10,000
Prime Minister Lee Hsien Loong indicated that couples who were about to exceed the current $8,000 ceiling may "get some relief".
Industrial leases soar in 1Q11 despite rates increase
1Q11 average monthly rent for island-wide industrial properties rose 3.27% QoQ and 23.4% YoY to $1.58 psf, according to CBRE.
KKR in talks to buy Oceanus
The deal to privatise the abalone farmer is worth ~US$500mln (S$612.5mln), according to various sources.
Singapore hotel room rates to increase by up to 15% in 2011
The STB's target of 12 million to 12.5 million visitors is expected to be met this 2011, said CBRE.
ST Electronics to divest interest in subsidiary
ST Engineering's electronic arm entered into an agreement to sell its entire 51% equity interest in Brightspot Interactive Learning Pte Ltd (BSIL).
SingTel roaming black out in Hong Kong
Frustrated SingTel customers in Hong Kong have been unable to roam for most of Tuesday.
SMOE emerges as frontrunner for US$1bln topside project
The contract from PTTEP could potentially lift Sembcorp Marine's YTD orders to about S$2.0bln.
PM says wage increase has a hidden risk
Should built-in wages grow too much and too fast, Singapore would generate a wage-price spiral that feeds inflation, said PM Lee.
Government payout to swell by 50% in 2011
The government will make special efforts to help low income worker through the Workfare Special Bonus.
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