News

The potential award of the long awaited Petrobas tenders will help get offshore yards back in the limelight.

USD-SGD is seen to play a 1.2900-1.3000 range but regional Asian currencies is still expected to continue to retreat warily against USD, OCBC said.

CapitaMalls Asia Limited is offering subscription up to $200 million in principal amount of 1-year bonds and 3-year bonds to the public in Singapore.

The manufacturing PMI and electronics PMI both dropped to 50.7 and 52.2 respectively, DBS said.

The airline aligns closely-linked activities within commercial, operational and corporate planning areas to embrace new challenges and pursue fresh opportunities for growth.

782 companies are listed on SGX Mainboard and Catalist with a combined market capitalisation of $902bln.

2,690 deals were the first annual increase since a record 2,951 deals were completed in 2007.

Price growth would likely decrease from 2010's preliminary estimate of 17.6% due to the presence of downward pressures.

The only service sectors that showed growth are financial services sector and tourism-related business, HSBC said.

The price index increased to 2.7%, compared with the 2.9% in the previous quarter.

Effects of the implementation of new government rules are starting to be felt, With the HDB RPI is set to rise 2.4% to 171.9 and the private home prices expected to inch up 2.7% to 194.8.

The economy registered a full year growth of 14.7% despite expanding in 4Q10, and failed to meet the analysts’ 15% prediction.

After falling -18.9% qoq in Q3, the manufacturing growth rebounded on a qoq basis.

Despite the 14.9% yoy GDP growth for 2010, GDP growth should moderate to around 4-5% in 2011.

While total operating receipts generated by the transport and storage services industry is 16.2% lower compared with 2008.

Earnings-Expenditure Ratio of the transport and storage services industry decreased to 16.4% in 2009 from 21.1% in 2008.