Singapore
80% of Singapore employees will barely feel their salary increase in 2011
A survey reveals that only 20% of the country’s workforce can expect to be paid 6% higher this year.
80% of Singapore employees will barely feel their salary increase in 2011
A survey reveals that only 20% of the country’s workforce can expect to be paid 6% higher this year.
AirAsia soared as record RM1.07bn profit was registered for 2010
Profit After Tax increased by 111% in 2010.
Home prices to drop 3-5% in 2011
This comes after private residential sales fell 10.7 m-o-m to 1,189 units in January.
January PMI seen to swell to 9.6% YoY
The industrial production index for the previous month due today grew from a mere 9% in December.
URA releases industrial site at Pioneer Road North/Soon Lee Street on Reserve List
This is the first of the four new industrial sites to be released for sale under the Reserve List of the first half 2011 Industrial Government Land Sales Programme.
Olam acquired 1.3mn hectares of Forest Stewardship Council certified forest areas
Congolaise Industrielle des Bois has obtained Forest Stewardship Council certification for an additional 571,100 hectares of natural forest areas.
Tender in Bishan receives record 19 bids
There is a 27% gap between the top bid of $550.1 million and the second bid.
31% of Singaporeans commuted to work by MRT in 2010
However, those who used the public bus to commute to work declined from 25 percent to 19 percent.
Singapore real estate investment sales up 65.7% in 2H 2010
A total of $21.77 billion worth of sales transactions were concluded during the second half of 2010.
Venture net profit surged 30.9% in 2010
However, full year revenue declined from $3.4 billion in FY2009 to $2.7 billion in FY 2010.
Mainland Chinese buyers of residential properties in Singapore reach record 23% in Q4 2010
The proportion of mainland Chinese buyers rose 3% in Q4 2010 from 20% a quarter ago.
Spike in crude prices may slow economic growth in Singapore
The other big issue about oil, apart from the risk of inflation, is its potential impact on growth.
Olam accounting concerns: statement refutes three contentions in CLSA report
Issues raised include export incentives, differences in audited and unaudited accounts and negative EVA.
City Developments raises South Beach stake to two thirds
It is estimated that CDL could be paying about $150-170 million for Dubai World's one-third stake.
City Developments reports net profit of $749mn in 2010
The Group's balance sheets continue to be healthy with net gearing ratio at 29 per cent.
HSBC crosses 1 billion RMB milestone in Singapore
Over 1.25 bllion (S$250 million) in renminbi deposits has been raised since the Bank launched its suite of RMB savings and time deposit accounts in January 2011.
Jones Lang LaSalle appoints Hugo Bagué and Martin Nesbitt to its Board of Directors
Bagué will join the Board’s Compensation Committee and Nesbitt will join the Board’s Audit Committee.