News
Food prices to reach record high in 2011
The demand for meat, oilseeds and grain may drive global food prices to reach 4.4% to a record by the end of the year.
Food prices to reach record high in 2011
The demand for meat, oilseeds and grain may drive global food prices to reach 4.4% to a record by the end of the year.
Singapore remains best seaport in Asia
For the 23rd time, Singapore won the 'Best Seaport in Asia' award at the 25th Asian Freight and Supply Chain Awards.
Siemens/Samsung consortium takes over Island Power combined cycle power plant site
The 800MW plant to house Siemens’ most sophisticated gas turbines and is expected to be completed by the end of 2013.
Singapore's 2009 overseas investment up to $736.5bn
The country’s direct investment contributed 48.8% to total investment abroad while 28.3% and 22.9% were attributed to portfolio investment and other foreign assets.
SGX lists Mapletree Commercial Trust to the Mainboard
The latest listing comes after two earlier REIT sponsored listing of Mapletree Investments Pte Ltd on SGX after Mapletree Logistics Trust and Mapletree Industrial Trust.
Retention of heavyweight ministers key to market stability
The market is not seen to react adversely should 1-2 GRCs be lost and vote share falls to between 58-61% in the General Elections, AmFraser said.
Economy's surge in Q1 set the stage for broad-based growth in 2011
After the surge in Q1, there could be a temporary pullback in economic activity in Q2, said the MAS.
1% upgrade in GDP forecast herald sunny future for SG economy
However, inflation may still remain elevated due to various factors, said OCBC.
Small mid caps still a steep 20% behind large cap stocks
This is despite the fact that Singapore is two years into the recovery from the global financial crisis, said DBS Vickers.
Growth may ease in the next few months
The 22% jump in manufacturing output was still weaker than the GDP flash estimate for manufacturing, said HSBC.
China’s government stops Wilmar’s cooking oil price hike
The move was made as the country battles to contain fast rising food price inflation.
Manufacturing output grew 22% in March 2011
The growth in manufacturing output was led by the pharmaceuticals segment which grew 60.9 per cent.
53% of Singaporeans reemployed in less than a month in 2010
Amid the robust economic performance, the incidence of workers laid off fell to a new low in 2010.
Looming pipeline supply could spur mass-market projects price corrections
Total unsold inventory had climbed to 35,000 units in 1Q 2011 from 33,000 units in 4Q 2010.
Inflation woes to get worse
The impending rise of utility costs in Q2 and rising commodity prices mean the inflation battle is by no means over, OCBC said.
HDB resale transactions fell 4% in 1Q 2011
Resale transactions fell to 6,228 cases from 6,454 in 4Q10.