News
May retail sales up 10%
Bad news though for retailers of optical goods & books as sales dropped 3.3% compared to May 2010. Meanwhile supermarket sales fell 1.2% in May 2011 over the same period last year.
May retail sales up 10%
Bad news though for retailers of optical goods & books as sales dropped 3.3% compared to May 2010. Meanwhile supermarket sales fell 1.2% in May 2011 over the same period last year.
Changi Airport launches campaign to boost Japan travel
The multi-partner Friends of Japan initiative seeks to support tourism recovery in the disaster plagued country.
SGX lists 800 Super Holdings to Catalist
The exchange eager to accept more companies from the environment sector in their plan to seek exposure and capital-raising in Asia.
Government HDB strategy working: Private home sales drop by more than 23% in June
Blame strong competition from HDB’s 25,000 new flats.
Three crooked men busted for cheating on the Tourist Refund Scheme
The 2 Indian men were each sentenced to a court fine of $3,000 but investigations are still ongoing for the Singaporean offender.
Tiger Airways declawed as hopes fade for Thai budget carrier
According to Mr. Supoj Suplom, permanent secretary at Thailand’s Transport Ministry, the Ministry has rejected Tiger’s proposal to start a budget carrier with Thai Airways.
What you need to know about Singapore’s amazingly resilient luxury property market
Prices of luxury units have jumped an incredible 20% and now average $7.9m.
Retail sales surge to 11.5% in May
Economy may be ailing, but that’s not stopping Singapore shoppers.
M1 rings up S$42.8m profit
Its total customer base is now up to almost 2m.
Global IPO activity rose by 39% in Q2 2011
And guess who’s leading with 108 IPOs and US$20.4 billion funds raised?
Asia Pac computer shipments grow 9.6% to 30.5m units in Q2 2011
And worldwide PC shipments surpassed 85.2 million units, a 2.3% increase from the same period last year.
First-time buyer boon: HDB offers 3,556 BTO flats
These were launched across five estates, namely Sengkang, Tampines, Jurong West, Bukit Panjang and Yishun.
Divestments hurt CapitaCommercial Trust
Gross revenue fell 9.2% after dropping Robinson Point and Starhub Centre.
Singapore tops buyers of hotels in Asia Pacific
Pent up investor demand for the market pushed volumes to surpass $1b.
Did you get your raise this year?
If not, then you’re not part of the more than 82% of professionals in Singapore that did.
APB sells Heineken-APB shares and undergoes restructuring
The move is in line with the company’s strategic direction in China and taking into account its minority interests in Jiangsu Dafuhao Breweries.
Public sector investment sales jump 38.2% to $4.67b
This is the highest quarterly level of state land sales achieved in four years.