Markets & Investing
Total capital investments to reach US$14bln in 2011
Total capital investments to reach US$14bln in 2011
The EDB is optimistic on the prospect of foreign investment into Singapore for 2011.
6 banks fund international exchange in Asia Pacific
The funding for the proposed ASX-SGX combination comprises term loans of $3.8 billion and A$750 million.
Singapore lagged behind Asian countries in weight recommendation
Singapore is the only country to recieve an underweight recommendation for asset allocation.
CapitaMalls' $200mln bonds over subscribed 1.82 times
The 1-year and 3-year bonds attracted strong interest from retail investors, CapitaMalls Asia said.
SGX lists Zhongmin Baihui Retail on Catalist
The retailer’s listing to SGX adds numbers of companies catering to Chinese consumers.
Singapore ranked third most active in Asia Pacific investments
China remained the most liquid market in Asia Pacific in 4Q 2010, accounting up to 50% of the activities in the region.
$1.3bn spent on industrial properties in 4Q 2010
Investment spending in industrial properties increased over 90% and it is expected to surge in 2011.
Jones Lang LaSalle to launch industry-first website
The website is designed to help corporations worldwide navigate through the upcoming changes in global lease accounting treatment.
No rest for the well-paid as Singapore Exchange will introduce continuous all-day trading
To enhance access to companies listed on SGX, trading hours will be from 9:00am to 5:00pm.
CapitaCommercial Trust distributable income up 11.3% in FY2010
Distributable income came in at $221 million, according to CapitaCommercial Trust Management Limited.
Singapore Exchange securities daily average value forecast at $1.9bln for FY11
After consistently disappointing Phillip Securities' estimates, Phillip Securities lowered their SDAV estimates for 3QFY11 and 4QFY11 to $2 billion.
Singapore Exchange profit up 14% in 2Q FY2011
Adjusted net profit came in at $81.7 million and net profit without adjustment came in at $74.2 million.
Singapore Press Holdings profit down 29.3% in 1Q 2011
Singapore Press Holdings profit went down to $102.3 million in 1Q 2011.
BNP Paribas appoints Serge Forti head of Wealth Management for Singapore, Indonesia and Malaysia
The bank has decided to focus on areas with the greatest market potential and appointed a new head for each respective market, BNP Paribas said.
Singapore ranks 5th preferred Asian bond market in 2011
In the survey conducted by HSBC, only 20% of the respondents preferred to allocate their portfolios in Singapore.
Singapore foreign investment up $8.4bn in 2010
More than $8.4 billion worth of foreign investments in the manufacturing and services sector came in for the previous year.
High profile companies kicked off SGD corporate bond issuance
SGD corporate bond issuance may impede low interest rates, according to OCBC.