Singapore
CIC opts out of SIIC after one year of investment
It has cleared all its 660m shares in SIIC.
CIC opts out of SIIC after one year of investment
It has cleared all its 660m shares in SIIC.
Fire sale alert: Home prices to plunge 10% as developers struggle to clear over 12k units in 2015
Prices will reach levels last seen in 2009.
CapitaLand acquires 50% stake in Malaysian real estate company
For a cash consideration of $9.6m.
SGX issues announcement on unusual trading in its own shares
Share price climbed to highest since August 2013.
Retail mall The Verge in Little India put up for sale for $350m
Its anchor tenant is Sheng Siong.
QT Vascular clinches key patent in Singapore
The product also has regulatory clearance in Japan and China.
Almost 1 in 2 firms now offering flexi work arrangements: MoM
15 days of paid annual leave is the norm.
Beware, evaders: Singapore and US seal the deal on tax compliance
Following the May agreement.
Chart of the Day: HDB resale prices hit 40-month low in November
Prices have declined 9.8% since April 2013 peak.
Daily Briefing: Why SIA will honour mispriced tickets; Hong Leong is Singapore's top seller of residential units
And two endangered lion cubs added to Night Safari.
Daily Markets Briefing: STI up 0.7%
Not much direction seen for today.
Struggling Genting pins hopes on Jurong Lake Hotel
Will it be able to deliver?
Disinflation to persist in 2015 on back of much lower transportation, housing costs
Expect zero or even negative price growth.
Eager international retailers fight for elusive space in crowded Singapore
Vacancy rates are extremely low.
Hiap Hoe Holdings throws in the towel, buys all unsold units at Treasure on Balmoral
In order to dodge hefty fines.
How Singapore's travel marketers can leverage social media
According to Singapore's Department for Statistics, there has been a boom in travel spending. The average monthly household spending on flights, hotels, and package holidays in 2012/13 has greatly increased – in fact, households now spend over 700% more on flights than they did in 2007/08.
Local developers emerge as Asia’s most aggressive foreign property investors
They splurged $10b in the first nine months of the year.