Singapore

Asia equity fund fees among worlds highest averaging 0.83 %

Global emerging markets equity remains the most traditionally expensive asset class category with median fees averaging 1.0%, up from 0.90% in 2008.

Asia equity fund fees among worlds highest averaging 0.83 %

Global emerging markets equity remains the most traditionally expensive asset class category with median fees averaging 1.0%, up from 0.90% in 2008.

The black hole of China: New Facebook map shows middle kingdom has few friends

Facebook has released a map which shows Facebook users and their connections around the world, but China remains a black hole in this friendship map of the world.

Asia to become world's chief growth region in 2015

2010 signaled that Asia ex Japan has emerged from the global crisis.

URA may block CBD rezoning to to protect office space

The need to rejuvenate the old CBD and inject live-in population in the city area is necessary.

IATA sees Asia-Pacific carriers to profit $7.7bln in 2010

Yet the industry will face tougher conditions next year though the $9.1bln profit projection for 2011 is better than expected.

Office rents to increase by 10% in 2011

Investment activity in the Central Business District office market is likely to remain strong.

Singapore on par with Germany on merger and acquisition activity

Asia is emerging as the most favorable region for global M&A activity outside the traditional Western markets.

Singapore authorities support protection of financial system stability

The discussion tackles measures which are said to include both macro supervision and micro measures to handle the anticipated increase in flows of capital into the region.

Yields forecast at 0.4%

The central bank said that the policy of a modest and gradual appreciation of the SGD NEER will help "cap CPI inflation at 2-3% in 2011 from 2.5-3.0% in 2010".

Singapore economy seen to lose steam in 2011

GDP growth is poised to slip from 15% in 2010 to a mere 7% next year while inflation rate balloons to 3.2% from 2.8% as YoY growth moderates after a high base performance in 1H11.

STI steeped in uncertainty due to China's reserve rate hike

OCBC said only a clear break of the 3200 mark on the upside may provide stronger cues to the market as any attempt from Wall Street may still influence trading results.

Asia flooded with more than $1tn of greenbacks in 2010

Government bond curve are more likely to steepen than flatten, given the prospect of strong growth and inflation.

GIC holdings for China International Capital Corp increased to 16.35%

Government of Singapore Investment Corporation  became the second-biggest shareholder in CICC. According to OCBC, the holdings increased from 7.35% to more than 16.35%.

BNP Paribas appoints new Asia Pacific head

12-year banking veteran Eric Reynaud will also be the Chief Executive Officer for Corporate and Investment Banking in the region.

Suntec REIT acquires one-third interest in Marina Bay Financial Centre

Suntec REIT’s subsidiary, ARA Asset Management S$1.5bln Marina Bay Financial Centre purchase will increase its earnings base from S$14.7bln to S$16bln.

HSBC names Mohit Singh Head of Sales for Global Markets

Mohit has wealth of experience in sales that the bank needs to increase its Global Markets penetration with its Commercial Banking and Global Banking teams.

Hyflux CEO Olivia Lum named Ernst & Young Entrepreneur Of The Year 2010 Singapore

Olivia will compete with more than 50 other country winners as Singapore's representative for the prestigious Ernst & Young World Entrepreneur Of The Year. Olivia is Singapore's first woman contender for the coveted world title.