Singapore
Sluggish activity in key industries dragging down Singapore economy's growth
The economy might have grown 15.5% yoy for the first three quarters of this year, but Q3 also marked the first qoq saar contraction since Q4 2009 at -19.8% qoq saar.
Sluggish activity in key industries dragging down Singapore economy's growth
The economy might have grown 15.5% yoy for the first three quarters of this year, but Q3 also marked the first qoq saar contraction since Q4 2009 at -19.8% qoq saar.
Changi Airport, Qantas deny Aussie plane crash
In a statement, CAG said that QF 32, an A380 aircraft from the Australian carrier, turned back to Changi for technical reasons.
Rotary Engineering posts record revenues of S$544.7m for 3Q10
The EPCM company’s income exceeded last year’s figure of S$404.9m by 35% and turned in profit after tax of S$37.8 million, up 35% from S$28.1 million a year ago.
SGX ADR volume reaches $60m; alternative trading venue draws investors
Interest in ADRs of companies with primary share listings in Hong Kong, accounted for a significant portion of the activity as the cost advantage, convenience and longer trading hours of SGX-quoted ADRs drew investors.
Ascott strengthens position in China with 3 new properties
Properties in Wuhan, Tianjin and Xi’an are part of the developer’s target to achieve 12,000 apartment units in China by 2015.
Pan Pacific Hotels names David Donald General Manager of PARKROYAL Parramatta
Donald’s strong operations background, his knowledge of the property and of Parramatta earned him the position.
Roxy-Pacific third quarter profit up 42% to S$8.9mln
The developer posted 44% revenue surge from its core Property Development segment as it launched 4 residential projects.
Standard Chartered Securities joins SGX as clearing and trading member
The bank's admission brings the number of Clearing Members for SGX’s securities market to 28 and the number of Trading Members to 29.
Carbon reduction – can it be that simple?
Buildings responsible for at least 40% of the world’s greenhouse gas emissions can implement some simple tried-and-tested actions—some costing less than SG$170,000—to reduce their carbon footprint.
Singapore 7th most expensive place in the world to rent office space
With a rate of US$13.38 per sq. ft. per year for industrial space, the country joins Hong Kong and Tokyo as the three Asian cities with highest leases for 1H10.
Residential collective sales gaining momentum
Collective sale transactions in Singapore (y-t-d) amount to S$975.64 million, with over 90% of this total resulting from sale of properties in areas such as Balestier and Serangoon.
Changi Airport jacks up fees, introduces new service charges
Passengers who depart from the airport to take their connecting flights will have to pay a Passenger Service Charge (PSC) or Passenger Security Service Charge (PSSC) of S$9.00 and S$3.00, respectively, starting April 2011.
Hiring on hold: 70% of Singapore companies putting off recruitment until 2011
After receiving an influx of new employees in the first half of 2010, retaining top performers is now the priority of 60% of businesses for the remainder of the year.
DBS on Tiger Airways' profit jump: good performance but you need a strong finish
The carrier’s revenues for 2Q11 might have risen by 35% yoy, but the bank says the figure could have been higher.
URA launches the tender for the hotel site at Robinson Road/Boon Tat Street
A historically building, designed in the Neo-classical style, is included in the site near Raffles Place and Marina Bay.
Singapore at the forefront of smart energy economy
Experts urge Singapore to keep open to nuclear energy as policy uncertainties worldwide cast doubt on the pace of energy investments.
Decline in manufacturing activity temporary but rapid growth unlikely
That headline manufacturing PMI for October rose to the “expansion” level of 50.7 and electronics PMI rose by 0.8 pts to 49.3 might be news to celebrate about, but we should not get too excited about the numbers.
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