Singapore
Private property market transaction up 25.7% in March 2011
The private property market transacted 1,543 units in March up from February's 1,228 units.
Private property market transaction up 25.7% in March 2011
The private property market transacted 1,543 units in March up from February's 1,228 units.
Consumer demand for tablet computers will explode
The technology sector may have been overlooked by the market but consumers are still expected to spend on selected categories under the said sector.
Accelerating business loans hint of a recovering economy
The revival of business loans will have a much stronger positive effect on margins, said CIMB.
MicroVision to open their first global research and development center in Singapore
The research facility will be located at Nanyang Technological University and will focus on developing innovative breakthrough products.
CapitaLand acquired 40% interest in Surbana
CL Pinnacle entered into a share purchase agreement with Temasek Holdings for the acquisition of 126,442,832 issued ordinary shares.
Tender for Tampines Central 7 received highest bid of $278.8mn
The bid came from Sim Lian Land followed by Qingdai Construction's bid of $243 million.
K-REIT Asia net property income grew 7.6% in 1Q 2011
It rose to $14.9 million as a result of contributions from the two Australian Assets, offset by the divestment of Keppel Towers & GE Tower.
AVA lifts suspension on imports of fruits and vegetables from Ehime
The Japanese exporter of the contaminated Perilla Leaf sample had wrongly listed its origin to be Ehime Prefecture, said MAFF.
URA used 6.5mn population parameter for Concept Plan 2011
CP11 will map out the land use and infrastructure development of Singapore in the next 40 to 50 years.
Sembcorp Marine subsidiary and Ecospec Global Technology join forces
The collaboration of the two companies’ expertise to equip ship owners with innovative and effective green solutions for complying with stringent international and local regulations.
SGX reprimands Medi-Flex Limited for breach of listing rules
The exchange also chides former directors Tu Ah Kim and Hew Yew Fook for authorizing disbursements of company’s funds to entities and accounts for the benefit of Mr. Tu.
Small businesses included in deposit, policy insurance schemes
The Deposit Insurance Scheme and Policy Owners' Protection Scheme have been enhanced to extend protection to small businesses.
MPA to promote environmentally-friendly shipping
The Maritime and Port Authority of Singapore has launched a Maritime Singapore Green Initiative to promote environmentally-friendly shipping.
Singapore dollar set to test new highs as MAS goes easy on the appreciation
The MAS has appreciated the S$ trading band, but in a surprising move they didn't go as far as they could have.
Record $1.7bn Pine Grove en-bloc asking price has market stunned
Kim Eng Property analyst Ooi Yi Tung has put out some interesting research on the two mega en-blocs working their way through the Singapore property market right now. At the top of the list is the $1.7b the owners of Pine Grove are asking for, which, if successful, would mean developers may need to market the new peoperties at close to $1,900 psf.
A Race Beyond Wagering
From the early years of colonial history to the present day heart-throbbing action at Singapore Racecourse, horse racing has been an ever present past time for Singaporeans not without the name Singapore Turf Club. Known as Singapore Sporting Club before changing to its current name to adhere to a more definite role, Singapore Turf Club has been in the center of horse racing in Singapore ever since.
Singapore attracted an eye popping 90 % of all property investment in SE Asia in Q1 2011
Total transaction value for the region fell 44.1% q-o-q to US$6.1 billion in Q1 2011.
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