News
SOS: Lower rates hurt NOL
SOS: Lower rates hurt NOL
Container shipping volumes went up but average revenue per Forty-foot Equivalent Unit dropped 17%.
Qantas to give SIA a run (or flight) for their money
Australia’s biggest airline is setting up an Asian unit with cabins “better than the A380s” to snatch passengers up from Singapore’s flag carrier.
Singapore banks face double threat
Analyst warns there will be continued pressure on net interest margin, and loan growth is seen coming to a standstill.
Singapore to retain monetary policy, says MAS
The Monetary Authority of Singapore noted that interest rates are market-determined and that the current monetary policy stance remained appropriate.
Near-term supply deficiency to result in public homes with sticky price tags
DMG Research cites the current low interest rate environment and positive carry on rental properties as key factors in driving down home prices.
Swap offered rate turns negative for the first time
But the majority of mortgages and commercial loans are not linked to the SOR but rather to the Singapore Interbank Offered Rate, so don’t fret.
Bond funds under Central Provident Fund Investment resilient in H1 2011
Despite global economic turmoil, CPFIS-included funds only recorded a 1.89% loss on average for the 6-month period ended June 2011.
Analyst warns S-REITs on threats from additional debt
And worse, S-REITs could take on these debts even before the properties are able to generate income from tenants.
Manchester United pursuing Peter Lim?
The Singapore billionaire was reportedly approached to become an investor in the team’s IPO.
July non-oil domestic export figure ‘distorted’
Singapore is not heading to a technical recession, says DBS.
Will the economic woes in the West take its toll on Asia?
Singapore’s volatile economy made its growth rate decelerate abruptly year-on-year between Q1 and Q2.
Curry, anyone?
A neighborhood feud turned into a mass campaign to make immigrants accept curry, smell and all.
Home sweet home? Not so as things turn sour saleswise
Expect sales volume to slow in the second half of 2011, warns an analyst.
Domestic wholesale trade grew 13.4% in Q2 2011
And foreign wholesale trade also expanded by 14.7% year-on-year.
Ka-ching!: Singaporeans’ online spending up by a whopping 236%
And guess which were the top three largest online shopping categories during the Great Singapore Sale?
Singapore’s real estate transaction volumes plunge 44.4% to US$ 2.2b in 2Q11
Jones Lang LaSalle says that even though transaction volumes were down q-o-q, it soared by an amazing 225% on a y-o-y basis.
Beware: Singapore to suffer significantly from global growth slowdown
An analyst warns investors to stay away from high-beta sectors such as industrials and property.
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Commentary
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