Singapore

URA launches tender for residential site at Bedok Reservoir Road

The land parcel at Bedok Reservoir Road has a site area of about 4.56 ha, URA said.

Singapore inflation may reach 5%

Inflation may reach 5% in the coming months, MAS Deputy Managing Director Ong Chong Tee said.

Singapore fiscal surplus to register $6.4bln

Strong wage growth and buoyant corporate earnings are expected to bolster the official coffer, DBS said.

Singapore export headed for sluggish growth

Recent export numbers were on the weak side following the very rapid expansion seen from end-2009 and well into 2010, HSBC said.

Singapore non-oil domestic exports slowed to 9.4% in December 2010

A 1.1% contraction in electronic products dragged down the expansion of NODX.

Singapore total trade eased 9.1% in December 2010

Compared to the 13% y-o-y growth in the previous month, Singapore total trade eased in December 2010.

Harsh new cooling measures seen to kill property sales momentum in 2011

Developers’ sales volume is expected to dip sharply to the 500 to 800-unit range in January and February 2011 as market players re-assess their position following the harsh set of cooling measures announced on 13 January 2011.

Australia picks Sembcorp Marine subsidiary to build $123mln ship

Sembawang Shipyard also secured three major upgrading contracts worth S$92 mln, including an LNG carrier longevity project.

A-REIT's profit surge 3.3% for 3Q FY10-11

The property developer's 3.7% YoY revenue jump was offset by higher operating expenses and an enlarged property portfolio.

Singapore properties remain hot despite cooling measures

Interest rate amid high liquidity and robust economic growth bolster property sales to 4, 313 units for 4Q10, offsetting the effects of the government’s cooling regulations.

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