Singapore
Singapore’s inflation inches higher to 4.1%
While GDP growth is expected to hit 6.2%yoy in 2011, according to the latest MAS survey.
Singapore’s inflation inches higher to 4.1%
While GDP growth is expected to hit 6.2%yoy in 2011, according to the latest MAS survey.
Second-hand homes become a hit
Number of resales was the highest this year in May, comprising 60% of all private home sales.
Homebuyers wait on the sidelines
Private home sales have slowed in June with buyers waiting for further project launches from the government land sales programme.
SGX reprimands Chinese firm for breaching rules
This is said to be the latest in a series of scandals to hit Chinese companies listed on overseas exchanges.
Choa Chu Kang Road / Phoenix Road site gets $143mln top bid
The 15,385.6 m² residential site attracted five offers.
Ernst & Young appoints Max Loh as Country Managing Partner
Max Loh will also be holding the position of Managing Partner for Asean Sub-Area, which spans 14 geographic markets.
OKH Development gets Woodlands Avenue 12 (Parcel 2)
This after bidding $84m for the 20,595.9 m² industrial site.
Are you making $6,300 a month as a manager ?
That was the median income for managers in 2010, but can you guess how much professionals earned ?
Over half of Singaporeans are paid a bonus on meeting KPI's
Turns out companies are complying with 89% of employees in the private sector found to be under some form of flexible wage system as at end of 2010.
All work and no play boosted labour productivity by 11% in 2010
This following two years of decline and amidst private sector total wages climbing 5.5%.
Keppel names Tong Chong Heong as Senior Executive Director
Tong’s extensive 40 years experience with the bank and his dedication in steering Keppel O&M to its position of a world-leading offshore & marine group earned him the appointment.
Bank of Singapore appoints Richard Jerram as its Chief Economist
Jerram will be tasked to furnish macro-economic research reports with an emphasis on Asia and the Emerging Markets.
Fraud in Singapore doubled
Incidents of fraud have doubled and the amount involved has gone up to $6.5 m.
Properties sales boomed 48.5% to S$41.38 million
And this is contributed by a number of high-value non-residential property sales, instead of residential type in 2Q 2011.
M+S projects amount to 73% of total office supply for FY 12-14
OCBC says the Marina South and Ophir-Rochor projects would inject 268,610 sqm of office GFA into the supply pipeline.
Prime suburban rents dip to $28.90 psf/month in Q2 2011
Prime Orchard Road rents also declined by 0.5% in H1 2011.
Offshore companies to face higher financial risks
If the new accounting lease model is implemented, companies will likely report higher net gearing ratios and lower asset turnover.
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