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Income ceiling hike within market expectations
Income ceiling increased from S$8,000 to S$10,000 for BTO flats and from S$10,000 to S$12,000 for executive condos.
Income ceiling hike within market expectations
Income ceiling increased from S$8,000 to S$10,000 for BTO flats and from S$10,000 to S$12,000 for executive condos.
More flats to curtail interest in Singapore’s cautious property market
7,000 more rental flats and 25,000 BTO flats will be available in two years.
What to do with Asian central banks’ FX reserves?
In May 2011, roughly 33% of non-Japan Asia reserves were parked in US treasuries.
NOL capsizes with US$67m loss in the first half
It was an overturn from the US$1 million profit in the same period last year.
Trash it: Waste management industry to get $5m training boost
6,000 workers shall get more training as Singapore aims to set a target of 60% recycling rate by 2012.
Global companies struggling to comply with tax rules
And 64% of the world’s largest companies experienced unplanned tax audits within the past year.
Brace yourselves for a looming recession, warns analyst
The global index is down by 16% since August 1 and by 19% since it peaked in late April.
Analyst warns Asia on threats from a 9% risk to earnings in 2012
That is if earnings from a 1% lower G10 GDP growth where the base case is 2.4% becomes reality.
Charge it: MasterCard users’ spending up 48% to a record US$1.32b
Both locals and tourists spent a total of US$73.5m on dining out during the Great Singapore Sale.
Fogged up: Downside risks obscure trade outlook
The total trade 2011 forecast has been narrowed from 8-10% to 9-10%, but risks like sovereign debt in the US continue to be a concern.
Shutting down: Waning electronics demand hurts exports
Domestic exports of electronics dropped by 14% in the second quarter.
Oiling the wheels of trade: High oil prices boost oil trade by 29%
Oil prices will likely hover around the $100-110 per barrel range.
Total trade jumps to S$245b
Thanks to increases in both oil and non-oil trade in the second quarter.
Offshore-related stocks veered off course by market sell-down
Keppel Corp and Sembcorp Marine declined by 13% and 15%, respectively, in the past week alone.
Back to business: Aussie Tiger Airways roars back from crisis
Tiger will recommence ticket sales and will implement a gradual resumption of domestic services from 12 August 2011.
Singapore to benefit from China’s sustained GDP growth
But companies should capitalize on key emerging trends and ride with the market leaders to outperform.
Welcome to Singapore: Tourism sectors get pampered
Healthy visitor inflows pushed the hotels & restaurants sector up by 6.4%.
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