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45% of Singapore attractions reported decline in visitors
Singapore's record 20.2% growth in tourist arrivals last year is not all good news as some of the attractions had a 28% decline in visitorship figures.
45% of Singapore attractions reported decline in visitors
Singapore's record 20.2% growth in tourist arrivals last year is not all good news as some of the attractions had a 28% decline in visitorship figures.
Private land sales market improved 94.7% in 1Q 2011
Four record prices were also achieved in the Government land sales market which shows the unwavering optimism among developers despite global uncertainties.
Manufacturing PMI fell to 50.1 in March 2011
The decline in the overall PMI was attributed to a first-time contraction in new orders as well as a lower level in new export orders.
Singapore will hire most bankers in the world this year: survey
37 % of bankers and hedge fund managers surveyed by recruitment firm said Singapore will add the most financial services jobs in 2011, followed by London on 22% and Hong Kong on just 17 %..
S$ strength could weaken banks’ loan growth:DMG
Overseas assets of Singapore banks will be translated to SGD at less favourable rates.
ASX-SGX merger gets thumbs down from Aussie government
The Australian Treasurer is disposed to reject ASX-SGX merger proposal, a report said.
MAS launches Code of Conduct for private bankers
The Private Banking Code is applicable to financial institutions and their staff engaged in private banking activities in Singapore.
Singapore led South East Asia loan volume with US$7bn in 1Q 2011
This is more than five times the US$1.3 billion raised in 1Q 2010.
SGX derivatives volume at all-time high in March
Turnover rose 22% year on year to $37.2 bln with a securities daily average volume of $1.6 bln.
MDA and SingTel invest $4mln for IDM incubation program
Under the MOU, MDA and SingTel Innov8 will provide funding and create a dynamic environment for start-ups.
Capital values for industrial properties up by 5% q-o-q
For 60-year leasehold strata- titled factory space, capital value increased by about 5% q-o-q to $289 psf for ground floor units and $213 psf for upper floor units.
DBS: Cosco likely to bag USD 3bln worth of contracts in 2011
The shipping company could earn USD 1.05bln from LOIs for drilling units with Sevan.
GDP to jump 5.8% in 2011:RCBC
As the global economy continues to recover, GDP is still expected to rise to 6.2% in 2012.
Private property transactions plunged 33.7% in 1Q 2011:PropNex
HDB resale transactions for PropNex may have increased 5.1% q-o-q but the cooling measures dragged down the number of private property transactions.
Home prices rose a tad by 2.1% in 1Q 2011
Property Price Index (PPI) showed that the overall price level in Singapore’s private residential property market reached 194.8 points in 1Q11.
Over 80% of new subscribers are on 3g network
3G subscribers currently account for 66% of total mobile subscribers,up from 47% in just a year.
Mortage loans growth falls sharply as property measures bite
Housing loans growth falls sharply to just 1% in February, but could start contracting, warns DBS.
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