Singapore

Will Singapore crack the $1trillion trade market in 2011 ?

If trade grows by 1 per cent over  the government forecast of 8 to 10 %, SIngapore will have made it into the elte club of nations whose trade exceeds US$1tn.

Will Singapore crack the $1trillion trade market in 2011 ?

If trade grows by 1 per cent over  the government forecast of 8 to 10 %, SIngapore will have made it into the elte club of nations whose trade exceeds US$1tn.

Total trade skyrocketed to $902bn in 2010

Singapore’s total trade rose by 21 per cent in 2010 after a decline of 19 per cent in 2009.

Singapore economy will expand 5% in 2011:OCBC

The IR-tourism sector, healthy FDI and generous FY2011 budget may push the economic growth on the higher end of the official 4 to 6 % forecast.

PUB and Ontario government inks MOU on clean water technologies research

Both Singapore and Ontario target of becoming centers for water technologies that drive innovations through research, testing and application of emerging technologies.

SGX, ASX revamp merger proposal

SGX and ASX made changes to their merger proposals in a bid to boost the deal's chances of getting regulatory approval in Australia.

SIA revises pay cut offer for rehired pilots

Singapore Airlines has accepted the Ministry of Manpower's proposal to use the 'effective mid-point' of the pilots' salary band as the base salary for rehired pilots.

Capital Square expects bids of up to $2,500psf

The succesful transaction of Capital Square should help to lift property valuation in the vicinity, said DBS.

2 Havelock Road up for sale for $302mn

AEW, the seller, has carried out an extensive refurbishment by increasing its NLA by about 20 percent.

Singapore Changi Airport passenger movements up 11.9% in January 2011

Traffic on low cost carriers grew 27% compared to a year ago.

72 % of Singaporean companies are budgeting a pay rise for staff

But its not all good news, with 41% of companies having no plans to hire and 6% planning to fire staff this quarter.

Exports fell 2.2% in January m-o-m, but still up 20% for the whole year

The better-than-expected y-o-y growth was led by electronics and pharmaceuticals.

Singapore economy will grow 5.2%:HSBC

Financial services will be the main driver for growth in 2011.

Government warns inflation could rise up to 6 % in 1H 2011

Singapore economy is facing a tighter labour market and inflationary concerns that may prompt further monetary tightening.

Swiss Re reported US$863mn net income for 2010

The high net income reflects the sustained earnings power of its business and the strength of its client franchise.

Dramatic slowdown in senior recruitment saw job ads fall 9% in 4Q 2010

The demand for senior, high profile roles which are not usually advertised partially caused the decrease in job advertisement volume.

CapitaMalls Asia profit jumped 9% in 2010

Profit after tax and minority interests came in at $421.9 million for FY2010.

Government forecasts economy could grow 4 to 6% in 2011

But the Ministrry of Trade and Industry warns several downside risks remain..