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Threats of global liquidity squeeze hurt bank stocks
DBS and OCBC shares, for instance, dropped more than 1% on 9 September 2011.
Threats of global liquidity squeeze hurt bank stocks
DBS and OCBC shares, for instance, dropped more than 1% on 9 September 2011.
Industrial property prices rise 6% in 2Q11
The average monthly rents of factories and warehouses increased to S$1.7 to S$2.1 per sq ft.
Property boom: S$1.1b worth of industrial properties transacted in Q211
This takes the total transaction value in 1H/2011 to S$2.3b, reflecting a year-on-year growth of 14%.
Recruitment in sales and marketing set to be buoyant in H2 2011
And salary expectations for candidates who switched jobs are high, ranging between 25 to 30%.
Singapore’s retail sales may have surged 8.1% in July
Excluding motor vehicles, Standard Chartered expects the print to come in at 7.8%.
Analyst warns Singapore banks to beware the liquidity squeeze
The collapse of SOR would add margin pressure to 3Q11 results but CIMB is more concerned about S$ deposit competition.
Singapore banking professionals better than their Hong Kong counterparts
Companies are now replacing employees from Hong Kong with candidates from Singapore.
Singapore economy is 2nd most competitive worldwide
The country got top ratings for public trust of politicians and transparency in policymaking.
Salary increase in finance and governance sector range between 10-20%
But candidates with highly sought-after skills were able to command more than 25% salary increase.
“Make the workplace age-friendly for older workers”: MOS Halimah Yaacob
She is encouraging employers to look at ways to retain experienced older workers “as they have amassed a rich body of knowledge”.
Retail therapy: Government to fund $3m retail scholarships
This is to provide Singapore’s retail workforce accessible and affordable university education.
Singapore domestic airfares show no sign of slowing
Economy-discount fare prices grew the most at 9% in 2Q11.
A Lion’s share: Singapore is most active hotel investment market in Asia Pac
The Lion City accounted for a whopping $1.02b out of the $2.6b transaction volume in the region.
Government invests $6.8m in training of textile and fashion employees
The Singapore Workforce Development Agency is developing programmes to support the manpower needs of the industry.
Why you should do volunteer work more often
40% of Singaporean employers consider volunteer work as valuable as paid work experience when evaluating candidates.
Senior private bankers in Singapore earn more than their Swiss counterparts
Estimates show those in Singapore earn between $160,000 and $410,000 a year, while in Switzerland the range is $152,000 to $210,000 annually. This is according to London-based recruitment firm EMA Partners International.
Economists cut Singapore growth forecasts from 6.2 to 5.3%
A quarterly survey shows private sector economists downgrading their forecasts for the gross domestic product growth of Singapore. This was announced by the Monetary Authority of Singapore.
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