Singapore
Prime retail rentals remain unchanged in Q1 2011:DTZ
Rental values for prime first-storey retail space islandwide were unchanged as the industry continues to grapple with the demand-supply dynamics that have yet to settle.
Prime retail rentals remain unchanged in Q1 2011:DTZ
Rental values for prime first-storey retail space islandwide were unchanged as the industry continues to grapple with the demand-supply dynamics that have yet to settle.
Employment rate of workers aged 55 to 64 reached new high of 59%
Employers should tap on the pool of mature workers to moderate the need for foreign manpower and remain competitive.
Lack of skilled labour considered as number one constraint to growth
The recently announced changes to foreign workers levy for the lower skilled worker will add up to business costs.
Government revised retail sales, food and beverage indices
To reflect changes in the structure of retail trade and food & beverage services industries, the coverage and weighting patterns are revised at regular intervals.
IDA steps in to halt “bill shocks”
Consumers now have the option to block third-party providers that send chargeable Premium Rate Services (PRS).
Non oil domestic export may have moderated to 12.3% in February 2011
The figure is down from a robust expansion of 20.8% in the previous month.
Japan earthquake damaged US$38.8mn worth of Global Logistic Properties' total portfolio
The total estimated cost is less than 0.6% of the portfolio value of GLP in Japan.
Singapore ranked most targeted nation for mergers and acquisitions volume in SE Asia
The M&A volume totaled US$4.5 billion in Singapore accounted for 40% of total M&A volume in South East Asia.
Singapore's US$2.1bn Equity Capital Market volume ranked second in SE Asia
Indonesia lead the region with US$2.2 billion - the highest YTD volume on record.
7 in 10 employer websites do not offer job search function
68% are not doing well enough in terms of navigation, design, content, and functionality.
ICBC overseas RMB processing center put up in Singapore
ICBC set up its first overseas Reminbi Processing Center in Singapore for its promising location.
Ministry of Law proposes new measures to safeguard conveyancing money
The Conveyancing Bill aims to address the risk of rogue lawyers defalcating clients' conveyancing money.
Oil price movement to affect Singapore inflation:OCBC
Crude oil price has sustained above US$100/barrel for the best part of the past two weeks.
CapitaMall Trust raises $250mn 3-yr convertible bonds
The convertible bonds bear an interest of 2.125% per annum, payable half-yearly.
Keppel Shipyard bags two contracts worth $170mn
The news jobs comprise completing a Pipe Laying Vessel for Saipem S.p.A and converting a Floating, Storage and Offloading vessel for Bumi Armada Berhad, said Keppel Corporation.
Shipbuilding could be challenging beyond 2012:DBS
Weakness in the Baltic Exchange Dry Index is expected to result in a slow down in order flows.
Proposed amendments in Deposit Insurance Act raised coverage limit to $50k
The increased coverage will raise the proportion of fully insured depositors from 83 per cent to 91 per cent.
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