News

Non-oil domestic export may have moderated to 12.3% in February 2011

Export figure is expected to decrease following a robust expansion of 20.8% in the previous month.

Non-oil domestic export may have moderated to 12.3% in February 2011

Export figure is expected to decrease following a robust expansion of 20.8% in the previous month.

New property measures may target small units:DBS

Despite the proportion of buyers falling marginally to 33% in January 2011, channel checks confirmed that smaller size units remained popular.

Urban Redevelopment Authority seeks feedback on proposed property regulatory changes

URA will be enhancing the HDCLA and HDR to give home-buyers access to accurate and timely information about the market and units that they are buying.

2011 Salary Survey reveals who earns what:Robert Walters

The Singapore job market remained active and Robert Walters gives us a glimpse of the numbers.

57% of Asian acquisitions done in Singapore

Singapore-listed Ascott REIT expanded to the Pacific and Europe respectively as they looked to diversify their portfolios and income sources.

More Singaporeans invest in London residential property

OCBC's volume of London home loans more than doubled in the last quarter of 2010.

Impact of Japan quake on Singapore's food supply expected to be minimal

In 2010, seafood imported from Japan constitutes less than 2% of Singapore's total seafood imports by quantity.

Private home sales likely to hover around 800-1,000 unit level in March 2011

Developers are expected to continue to push out their projects in March 2011 amid mounting global uncertainties, said Colliers International.

Singaporeans and tourists are scaling up spending:HSBC

The January retail sales numbers was one of the surprises Singapore has delivered over the past few months.

Seasonally adjusted retail sales decreased 2.9% in January 2011

However, January still showed strong retail sales in nominal terms with an increase of 2.9 per cent compared to January 2010.

Total employment grew 3.9% in 2010

The total employment growth of 115,900 far exceeded the 37,600 or 1.3% in 2009.

Retail sales may have expanded 2.5% in January 2011

The January retails sales is due later today, said OCBC.

Prime retail rentals remain unchanged in Q1 2011:DTZ

Rental values for prime first-storey retail space islandwide were unchanged as the industry continues to grapple with the demand-supply dynamics that have yet to settle.

Employment rate of workers aged 55 to 64 reached new high of 59%

Employers should tap on the pool of mature workers to moderate the need for foreign manpower and remain competitive.

Lack of skilled labour considered as number one constraint to growth

The recently announced changes to foreign workers levy for the lower skilled worker will add up to business costs.

IDA steps in to halt “bill shocks”

Consumers now have the option to block third-party providers that send chargeable Premium Rate Services (PRS).