News

Insurers must choose their opportunities carefully and move quickly to take advantage of the expansion in South Asia and East Asia.

Recent NODX figures came in disappointing, although OCBC's and market forecasts did have little impact in the market given the nuclear crisis in Japan.

The adjustment in MAS's exchange rate policy is geared towards medium term inflation and growth outlook.

Despite ongoing worries on high oil prices derailing growth, PMIs of key markets have remained in the expansion zone.

This is in contrast to a rise of 28% in the previous month while oil domestic exports expanded by 22 per cent on a y-o-y basis.

The explosions at the nuclear reactors at the Fukushima Daiichi nuclear complex have also raised concerns about the radiation effects on food supplies.

On a y-o-y basis, total trade rose by 6.4%, following the 14% increase in the previous month.

Non-electronic NODX expanded by 20% while electronic NODX contracted by 13% in February this year.

Elaine Low presented a cheque for 1m Singaporean dollars ($780,000) to Japan's ambassador, Yoichi Suzuki, on Wednesday.

As long as Asia central banks do not "overkill" in their monetary tightening, Singapore should see external demand picking up again towards the second half of 2011.

Singapore had a head start as an aviation hub but other countries and new hubs are fast catching up, said Mr Goh Chok Tong, Senior Minister.

Export figure is expected to decrease following a robust expansion of 20.8% in the previous month.

Despite the proportion of buyers falling marginally to 33% in January 2011, channel checks confirmed that smaller size units remained popular.

URA will be enhancing the HDCLA and HDR to give home-buyers access to accurate and timely information about the market and units that they are buying.

The Singapore job market remained active and Robert Walters gives us a glimpse of the numbers.

Singapore-listed Ascott REIT expanded to the Pacific and Europe respectively as they looked to diversify their portfolios and income sources.