News
Global cross border investment volumes grew 38% year-on-year in 1Q 2011
However, the investment volumes decreased 20% from the previous quarter, said Jones Lang LaSalle.
Global cross border investment volumes grew 38% year-on-year in 1Q 2011
However, the investment volumes decreased 20% from the previous quarter, said Jones Lang LaSalle.
Smartphones could make up 80% of telcos' postpaid bases
Sales for handset should fall q-o-q as Singapore comes out of the festive period and as the iPhone 4-related craze enters its tail end, says CIMB.
SingTel joins global consortium to build South-East Asia Japan Cable
SJC system will link Brunei, China, Mainland, Hong Kong, the Philippines, Japan, and Singapore.
Singapore’s business confidence soars
Rising optimism means increasing business expenditure in Singapore as over two thirds of Singaporean companies report 69% rise in revenue, and 61% have experienced healthy profit growth.
Singapore ranked 7th most popular destination for luxury retailers
Hong Kong maintained its position as the most popular destination, according to CBRE.
More than 80% of organisations do not have a talent strategy for their finance team
Chief Finance Officers are under pressure to secure the right talent, says ACCA and KPMG.
Keppel order wins could reach $5.5bn in 2011
Standard Drilling, Keppel's customer, will be buying two jack-up rigs being built for Clearwater.
Inflation has likely peaked
CPI inflation is expected to moderate from now on, said Minister Lim Hng Kiang.
Crisis in Japan, Middle East have low impact on Singapore economy
Although the recent increase in oil prices is likely to have affected global economic activities to some extent, the impact has been small, said Minister Lim Hng Kiang.
Tiger Airways earnings to be resilient as passengers opt for budget over full service carriers
Tiger will be increasing its base ticket fares to absorb rising jet fuel costs, said DMG.
Over $2.3mn will be given to new programme for seafarers
The Certificate of Competency (Special Limits) will help seafarers secure placement with potential employers even before they embark on training.
Yale, NUS open first liberal arts college in Singapore
The success of the Yale-NUS College is also a success for Singapore, said Prime Minister Lee Hsien Loong.
Tata Chemicals to acquire 25.1% stake in Olam worth US$290mn
Risk on project execution is significantly reduced as the two companies brings critical expertise in project management, production, operations and maintenance, and sales and marketing of fertilisers.
Tiger Airways March passenger volume up 23% to 6mn
Load factor from April 2010 to March 2011 averaged 86%, compared to 85% in the previous 12 months.
Higher interest rates dampen hopes for more affordable houses
Every 50bp change in interest rates will lift average mortgage payments by 7% per cent, says CIMB.
Singapore election will have little impact on stock market
Unlike regional countries where election results have investment implications for politically-linked stocks, the investment implications in Singapore are more spurious, says CIMB.
Turmoil in Middle East and Japan spooked investors: Ernst & Young
It slowed down the pace of new issuances in March including those in Singapore and Asia.
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