News

Treasury bill auction fetched 0.28% average yield

The $3.9 billion 3-month T-bill had the lowest bid-cover ratio since November last year.

Treasury bill auction fetched 0.28% average yield

The $3.9 billion 3-month T-bill had the lowest bid-cover ratio since November last year.

8% profit gain highlight China Fisheries Group's slow season

The company’s 1Q11 profit of US$19.7mln is “within expectations" for a ho-hum period, DBS Bank said.

Singapore stayed immune to stock market shocks in Nov-Dec 2010- Morgan Stanley

The financial advisory firm said the city-state is the lone ASEAN market where investor portfolio weights did not decrease in the last two months of 2010.

Singapore ranks 2nd in productivity for 2010

High GDP growth boosted the country’s productivity growth 12.7%, according to the Conference Board estimates.

80% of marketers worried their brands may be in danger

Throwing dollars at social media is only doing half the job.

Economic activity slowed by 0.2 points in January 2011

Electronics dragged down the Purchasing Managers Index as it retreated for a second time by a sharper 1.4 points.

Singaporeans to face higher inflation in 2011

Prime Minister Lee warned that higher inflation is expected in the next few months.

Singapore outstripped Asia with office prices jumping 10% last quarter

Highest in Asia, Singapore beat Hong Kong, Beijing and Guangzhou.

Dry bulk shipping companies likely to incur losses in 2011

The Baltic Dry Index has been declining due to the floods in Australia that cause the closure of coalmines.

Bank loans grew 1.3% in December 2010

Business loans and consumer loans continue to buoy the growth of bank loans.

Employment up 50% in 4Q 2010

The services sector contributed 97.3 percent of the job gains, OCBC said.

7% of car retailers see a less favourable business climate in 1H 2011

Specifically, vehicles retailers express their concern over the reduced Certificate of Entitlement quota.

Financial services industry employment to increase 38% in 1Q 2011

A net weighted balance of 27% of firms anticipates higher operating receipts for first quarter 2011.

Thai rubber company hopes to expand global reach with SGX listing

Sri Trang Agro-Industry Public Company Limited will be known with the “Sri Trang (NC2)” ticker symbol.

China Yuchai extends loan agreement with HLGE

HLGE will have a loan extension of S$93,000,000 originally granted to refinance the zero coupon, unsecured, non-convertible bonds issued by HLGE in 2006. It matured on July 3, 2009.

50,200 job vacancies recorded in 2010

The economic recovery in 2010 was met with a 36 per cent-on-year increase in employment opportunities. A record 50,200 jobs were made available as of September 2010.

StarHub partners with top Asian carriers to build high-speed undersea cable system

The 7,200 kilometre Asia Submarine-Cable Express will link Singapore directly to Japan, the Philippines and Hong Kong.