Singapore
58% of Singaporeans with financial plans have more retirement assets
They have more than twice the amount of assets than those without financial plans.
58% of Singaporeans with financial plans have more retirement assets
They have more than twice the amount of assets than those without financial plans.
Monthly sales of residential units slump by 12% to 1,575
Sales volume decreased significantly in the Core Central Region (CCR) with a 43% drop in May following April’s increase of 14%.
ST Engineering seals S$171m contract with Swire Pacific Offshore Operations
The contract is for the construction and outfitting of 4 Anchor Handling Tug Supply vessels, DBS reports.
SIA may not be able to raise fuel surcharges, warn experts
Singapore Airlines may impose another round if spikes in oil prices continue despite having already raised fuel surcharges three times this year, a spokesperson said. Analysts however warn that raising it further will eventually cause SIA to lose larger market share to the budget carriers.
Two-thirds of Singaporean companies will not increase head count next quarter
But banking, insurance and real estate are still hiring.
You’re hired: Total employment in Singapore rose by 28,300 in Q1 2011
Contract workers are getting a 10% premium over perm staff and bean counters are in high demand.
Singapore mobile ad market grew by 18% in 4 months
Oh, and Android crushed Apple over the last 4 months as the mobile ad market reached 139 mn monthly impressions, increasing by 119 mn from January 2011, according to InMobi’s report.
Foreign Financial Talents name Singapore as their preferred workplace over Hong Kong
18% of finance professionals picked Singapore vs 14% for Hong Kong, but which Asia city was picked ahead of Singapore at 23%?
South Beach project to be completed in 2015
It will comprise 644,871 sq ft of office space, 60,924 sq ft of retail space, 701 hotel rooms and 180 residential apartments.
Noble Group still unsure of Territory Resources takeover
TTY’s share price is currently trading at A$0.515, above Noble’s takeover offer price, says DBS.
Entertainment and media spending in Singapore to grow by 5.5%
PwC says Singapore’s digital consumer spending will be higher than most countries, reaching 19% by 2015.
Singapore Press Holdings wants to expand its retail business: OCBC
It may have just lost out in its $1 bn bid for the East Jurong site, but it has other options lined up.
IT services in AsiaPac to grow by 6.6% to USD205 billion
And the market is rebounding with growth likely to top 9% in 2015, says Ovum.
Noble Group to expand in India and China
The company is exploring not only Asia but businesses like clean fuels and vegetable oils.
Golden Agri-Resources expects more than 10% CPO output growth
That is if weather conditions remain favourable for crude palm oil production.
IBM in danger of complacency, warns analyst
Oh, and the company is also "obsessed with financial results that cause it to fail," says Ovum.
Singapore ratifies Maritime Labour Convention
It is supported by the seafarer unions and the National Trades Union Congress, the maritime industry and the Singapore National Employers Federation.
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