Singapore
Oxley Bizhub, Water Edge, and 10 Shelford to Launch this Week
These are the last batch of new condominium launching this month as developers take advantage of the still favourable market.
Oxley Bizhub, Water Edge, and 10 Shelford to Launch this Week
These are the last batch of new condominium launching this month as developers take advantage of the still favourable market.
TWSE competes head-to-head with SGX
The Taiwanese stock exchange's success in wooing foreign-based issuers may set the stage for more competition with the SGX, Kim Eng Research said.
Mapletree Logistics DPU up 3.33% in 1Q 2011
DPU of 1.55 S-cents is flat q-o-q despite the y-o-y growth, said OCBC Investment Research.
URA launches tender for Irving Place
The industrial site has a site area of about 0.34 ha and a maximum gross plot ratio of 3.5.
Inflation likely to register 5.3% for March 2011
The headline price barometer which breached the 5% mark is significantly higher than the 1.3% average inflation over the last wo decades, said DBS.
Lower retail revenue for 1Q11 drags Suntec’s DPU to 2.388 S-cents
Despite soaring occupancy rates, S-REIT’s gross revenue dropped 2.3% YoY and 0.6% QoQ to S$61mln.
Tiger Airways faces suspension threat in Australia
The airline’s fate remains to be seen after it was served with a “show cause” notice by the Civil Aviation Safety Authority.
Tender for Paya Lebar Road/Eunos Road 8 received top bid of $585.6mn
The top bid came from the joint bidders Siong Feng Development, Guthrie and Sun Venture Commercial.
E-filing fails to boost number of taxpayers
Despite the IRAS' introduction of an electronic system, the filing rate for 2011 remains at 88%, about the same as last year.
Declare before drinking: Customs issue reminder on taxable goods
Customs officials remind Singaporeans and travelers returning from their overseas breaks to declare taxable products such as liquor at the airport or pay a $300 fine for the bottle.
iPads and inflation: Double I's hurting PC sales
The Asia/Pacific (ex Japan) PC market posted a flat 1% growth for 1Q11, with only 26.8 mln units sold.
HSBC boosts private banking arm with key appointments
Two experienced bankers were tapped as managing directors to lead HSBC's private banking divisions in Asia.
High coal prices fuel SAR's stock advice upgrade
Now is the best time to buy Straits Asia Resources stocks as valuations and a 276% YoY jump in profit make the company look attractive, DMG Research said.
Vacancies in Causeway Point mall hurt FCT's portfolio
Frasers Centrepoint Trust's portfolio occupancy dropped to 83% in 2Q11 as tenants move out to give way to refurbishments.
FREIT maintains healthy balance sheet-- thanks to hospitals
First REIT's gross revenue for 1Q11 increased 95.6% YoY to S$14.6 mln due to contributions from its new hospitals.
Changi airport remains busy despite drop in Japanese travelers
Passenger traffic rose 7.5% YoY to 3.71 million in March 2011 even with a 9.6% decline in passenger movement between Singapore and Tokyo.
STI gains from Wall Street rally seen to continue
Kim Eng forecasts the index to test the 3,180 resistance level today after it closed above its key moving averages yesterday.