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Government faces risks on property market:HSBC
It is still too early to tell if the steps taken by the government to help cool the property market are enough, HSBC said.
Government faces risks on property market:HSBC
It is still too early to tell if the steps taken by the government to help cool the property market are enough, HSBC said.
Companies whacked with a 50 % Loan-To-Value limit on Singapore property purchases in desperate bid to halt property inflation
The Government released measures to ensure a stable and sustainable property market where prices move in line with economic fundamentals.
Global GDP will contract to 3.3 %
Singapore and other high income countries are expected to slow down global GDP growth in 2011, World Bank said.
Singapore census reveals more Singaporeans single
In the Census of Population released by the Singapore Department of Statistics the proportion of singles among younger age groups had risen.
Government considers raising foreign worker levy
Government will monitor the impact of levy increases and they will study the need to further raise levies, MND Minister Mah said.
Singapore ranks 2nd most free economy in the world in 2010
Singapore scored 87.2 in the 2011 Index of Economic Freedom.
Construction demand to reach $28 bln in 2011
Public sector demand for construction is likely to strengthen to between $12 billion and $15 billion.
Tiger Airways profits face erosion
Despite Tiger Airway's increase of 32% in sales, Phillip Securities expects profits to erode.
US grants proxy agreement to ST Engineering's subsidiary
iDirect Government Technologies appoints proxy board to enhance VT Systems' ability to continue bringing satellite-based IP communications.
OUE launches S$1bln Multicurrency Medium Term Note Programme
Proceeds to be used for the company’s general working capital and general corporate funding.
Railway land swap brings about property development opportunities
But cooperation between Singapore and Malaysia is needed to pursue each of their respective national and economic objectives.
Singapore inflation up 1.1% in November 2010
Domestic Supply Price Index increased as a result of higher oil prices, Statistics Singapore said.
Singapore foreign investment up $8.4bn in 2010
More than $8.4 billion worth of foreign investments in the manufacturing and services sector came in for the previous year.
Singapore manufacturing sector fastest growing in Asia on 2010
In the latest year-on-year Industrial Production Index, Singapore recorded a near 40% growth, UBS said.
Singapore exports to lose steam in 2011
The rebound in trade shown in the last three months of 2010 is seen to be temporary, UBS said.
Tiger Airways passenger volume jumped 32% in 2010
From January 2010 to December 2010, Tiger Airways carried a total of 5.8 million passengers.
Singapore stock levels rose despite global destocking
Stocks of raw materials and semi-manufactured goods fell for the second quarter in 4Q10, HSBC said.
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