News
MAS needs to step it up to contain core inflation: HSBC
MAS needs to step it up to contain core inflation: HSBC
Underlying demand-led pressures will join up with rising commodity prices to keep inflation readings on the high end for a while.
Cost of transport drove inflation to surge 5.5% year-on-year in January 2011
Higher costs of transport, housing and food also pushed inflation to rise 1.6% over December 2010.
Singapore total investment spending in non-residential properties doubled to $9.1bn in 4Q 2010
While prime office rents in Asia Pacific are forecast to increase by 6.2% in 2011, property investment sales in Singapore are expected to remain buoyant in 2011.
Intensifying clashes in Libya likely to affect Singapore firms
Rising violence in Libya is throwing the market focus on oil, said OCBC.
Inflation may have reached 4.3% in January 2011: DBS
After the recent upward revision by the MAS in its inflation forecast to 3.0-4.0%, all eyes will be on the inflation reading due today.
Industrial production index may have expanded 9.6% in January 2011
The 20.9% growth for NODX is an encouraging sign for output growth.
Rising labour costs may heighten inflation: DBS
Inflation expectation could be a concern when workers demand for higher wages to cope with the rising inflation.
$1.1bn 20-year SGS bonds to attract insurers if yield exceeds 3.45%
But, the SGS bond is currently yielding only around 3.33 percent.
Rents in Asia edged up by 9.6% in 2010 as demand for office spaces in Singapore heightened
Rental growth in Singapore accelerated to 12.2% in the fourth quarter while rents in Beijing and Shanghai also continued to appreciate.
Integrated Resorts add $3.7B to economy
Integrated Resorts contributed largely to last year's tourism boom that brought S$7.9 billion in valued-added in the first nine months of 2010.
Time for more productivity as budget aims to increase wages: Ernst & Young
Singapore needs to gear up for more productivity-driven growth, argues E&Y.
Budget 2011 takes Singapore a step closer to becoming a global Asia hub: KPMG
Up to $400,000 of business spending on each qualifying activity qualifies for a maximum tax deduction of $1,600,000 or $272,000 of tax savings per activity.
A Budget with something for everyone:PwC
The spectre of inflation – possibly reaching 4% this year – and an economy bouncing along very nicely meant that there was no need to pump prime anything.
Singapore needs major employment overhauls to meet productivity targets
To achieve 30% increase in productivity, companies need to devise competitive and cost effective health care, financial security, work/life balance, and other benefit programs.
Less than 2 in 10 Singaporeans are ready to retire financially: Nielsen
47% of Singaporeans are uncertain about their financial capability to retire.
Singapore to break free from reliance on foreign workers:KPMG
The proposed increase in foreign worker levies shows how the government wants to do away with the reliance on foreign workers and push productivity growth.
Government to spend $560mn to aid SMEs
One of measures the government will provide for SMEs is the 20% corporate income tax rebate.