News
Singapore dissolves parliament
Singapore dissolves parliament
This is a move to set a stage for the General Elections on May 7.
SPRING Singapore invests $86mln to boost retail sector
The retail productivity plan aims to raise the nominal value-added per worker by about 25 % by 2015.
Offshore & marine sector net earnings to rise 23% in 1Q 2011
Cosco will lead the pack, generating growth of 88% on higher offshore and shipbuilding sales, said DBS Vickers.
Singapore second to Malaysia with worst inflation problems
69.1% of accountants surveyed by ACCA cited inflation as a problem this quarter compared to 35.0% in the first quarter of 2010.
Construction industry may face rising labour costs
The emphasis on productivity is here to stay, said Kim Eng Securities.
NODX to Japan contracted 6.9% in March 2011
Non-oil domestic exports to all top 10 NODX markets, except China, the EU 27, the US and Taiwan, fell in March 2011.
Japan calamities to ease exports growth
Elevated oil prices and the full effects of the calamities in Japan will affect the exports as it unfolds.
Stronger 1Q GDP reinforces 2011 GDP forecast of 7%
This is higher than the official forecast range of 4-6 per cent, said DBS Vickers.
NODX contracted 2.9% month-on-month in March 2011
On a year-on-year basis, however, NODX rose by 10%, following the 6.9% increase in the previous month.
Singapore most competitive tourism industry in Asia
The countries that are traditionally more reliant on tourism also tend to invest more heavily in the sector, said UBS.
Strong labor market to boost retail sales in 2011
Retail sales will this year find support from good job prospects and rising wages, said HSBC.
Property sales down 6.7% in 1Q 2011
Sales totalled 3,701 units compared to 3,965 units sold in 4Q 2010.
April 2011 developers' sales volume level could challenge March 2011's
Affordably-priced projects with good attributes are still expected to enjoy healthy sales.
Retail sales decreased 12.1% year-on-year in February 2011
On a month-on-month seasonally adjusted basis, retail sales decreased 3.6 per cent.
Private property market transaction up 25.7% in March 2011
The private property market transacted 1,543 units in March up from February's 1,228 units.
Consumer demand for tablet computers will explode
The technology sector may have been overlooked by the market but consumers are still expected to spend on selected categories under the said sector.
Accelerating business loans hint of a recovering economy
The revival of business loans will have a much stronger positive effect on margins, said CIMB.