Singapore
Non-oil domestic exports drop 2.8% in July
And electronic exports plunge 16.9% as key electronic products recorded weaker sales.
Non-oil domestic exports drop 2.8% in July
And electronic exports plunge 16.9% as key electronic products recorded weaker sales.
Soft patch: Property sales volume to soften in coming months
The property market sentiment is apparently less optimistic than perceived.
Ka-ching! Asian private consumption resilient with 5% growth
This typically accounts for 50-60% of GDP, except in China and Singapore.
GDP growth in Asia to ease in 2011 to a decent 7.2%
And Singapore is one of the six Asian economies which reported 2Q GDP registered sequential
Don’t be misled: The reported 57.4% growth in private residential units launched in July is a bluff
The 2,541 units released in July might be seen as bullish developer sale sentiments for private homes as this number was exceptionally high but the stats are misleading at face value, cautioned an expert.
We have a role in facilitating investment in Asia: Minister S Iswaran
The Minister cited Singapore’s domain capabilities, companies’ commercial track record, and the country’s high level of economic connectivity as factors.
CapitaLand buys Hangzhou prime residential site for S$213.27mn
The site has potential gross floor area of 80,105 sq.m. located in the city’s upcoming Grand Canal central business district.
Singaporean scientists develop new polymeric material
A*STAR’s breakthrough to bring companies one step closer to cheaper plastic solar cells and electronics.
Singapore tightens employment pass eligibility requirements
New employment policy will maintain the foreign share of the workforce at only one-third.
Tender closed for residential site at Serangoon Garden Way
The top tendered sale price was $105m by Sunmaster Holdings Pte Ltd and Garden Estates Limited for the 28,401 sqm site.
Cozy condos: Executive condo sales up 21% to 1,362 units
Thanks to the whopping 125% MoM jump in sales in the rest of central region.
North Spring Bizhub more than 80% sold
50% of the units that were already sold were for owner occupation, while the remaining 50% were for investment purposes.
Up, up and away: SIA’s passenger load factor rebounds to 81.6% in July
It rose 2.8% from June's 78.8%.
On track: Midas Holdings’ Q2 earnings up 15% to RMB63m
And metro and export wins could bolster Midas’ current RMB1.1bn order book.
Time to sell your stocks in Singapore
An analyst senses more shocks than positive surprises ahead, as low forward earnings multiples become a myth.
Fingers are kept crossed that new housing policies will bring COV for HDB resale down
With continued high demand for resale flats, owners are taking advantage of the situation by demanding for higher cash-over-valuation (COV) but with the raising of the HDB and EC income ceiling hopefully they taper off high prices, says an ECG Property expert.
Singapore Exchange launches Reach trading engine
Reach offers 10 times more capacity with ultra-low latency of less than 90 microseconds.
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