In Focus
TEE acquires Marina Bay Sands Worker's Dormitory
Marina Bay Sands previously owned the fully furnished dormitory that can house 2,280 workers.
TEE acquires Marina Bay Sands Worker's Dormitory
Marina Bay Sands previously owned the fully furnished dormitory that can house 2,280 workers.
Singapore is world's fourth largest forex centre
Singapore-based financial institutions poised to capitalise growth as average daily foreign exchange turnover volume reached US$266bln.
URA revises development charge rates
Government policy expected to produce a more moderate collective sales market over the short term.
Government acts to stabilize property market growth
Measures seen to place a check on the current exorbitant prices in the mass market.
Asians spend US$93bln on consumer technology products
GfK Asia sees growing demand for portable electronic devices in Asia as consumer spending jumps 6%.
Businesses urged to prepare for global lease accounting changes
Changes have been driven by a recognised need for greater transparency in leasing standards.
Singapore bond sales expand as economy accelerates
Motivation to grab title of world's fastest-growing economy attracted companies to raise $14.1bln via notes.
Singapore remains Top International Meeting City
STB attributes Singapore's constant re-invention and innovation of itself as key for obtaining the position thrice.
Second quarter primary residential property sales down 8%
Foreigners’ share of total purchases in quarter maintained at 11% behind caution over global economic situation.
Asia Pacific mobile market to face challenging times
Operators need to develop new business models, prudent manage capital investment, and enrich customer experience.
Asia Pacific office property markets headed for growth
Raffles Place rents up 2.9% in second quarter while CBD core area vacancy rate dropped 7%.
July exports cooled as government sees slacking demand
Overseas demand may lessen as European governments implement austerity programs to cut deficits and households spending.
Singapore SMEs cautiously optimistic on economic growth
SMEs need to overcome 3 challenges – high operating costs, competition and skills shortage.
Car sales hit the brakes
Retail sales are being dragged with motor vehicle sales falling by an average of 30% in recent months.
Executive Condominium market makes comeback after 5-year hiatus
Yet HDB upgraders looking for new projects below $900 psf had fewer choices in the first half of 2010.
Asia Pacific second quarter office markets recover
Singapore seen to outperform 6.2% prime rents growth forecast in the coming months.
Singapore's 13%-15% economic boom lifts property sector
Marina Bay offers most exciting opportunities as Singapore is on course to become Asia’s fastest-growing economy.