News
Capitaland to cash in on luxury homes market boom in 2011
The real estate company plans to launch 1,700 private homes this year and has already started marketing The Nassim and Urban Resort Condominium to its well-heeled clientele.
Capitaland to cash in on luxury homes market boom in 2011
The real estate company plans to launch 1,700 private homes this year and has already started marketing The Nassim and Urban Resort Condominium to its well-heeled clientele.
High profile companies kicked off SGD corporate bond issuance
SGD corporate bond issuance may impede low interest rates, according to OCBC.
Singapore foreign reserves up 3.8% in December 2010
Foreign reserves increased to US$225.75 billion in December, OCBC said.
Non-oil domestic export to ease at 10% in 2011
Ongoing Eurozone debt crisis and the lacklustre US labor market are expected to hinder the growth of Singapore's non-oil domestic export, OCBC said.
Bank loans to drop 5% in 2011
Domestic bank loans are expected to drop due to the high base and housing loan segment, OCBC said.
Singapore Hong Kong air competition heats up as Hong Kong airlines starts daily service from January 14
Hong Kong Airlines will operate both freighter and passenger services to Singapore from 14 January 2011 and 15 January 2011 respectively.
Singapore rigbuilders to see tripling in orders
The potential award of the long awaited Petrobas tenders will help get offshore yards back in the limelight.
Asian currencies likely to retreat against USD
USD-SGD is seen to play a 1.2900-1.3000 range but regional Asian currencies is still expected to continue to retreat warily against USD, OCBC said.
CapitaMalls Asia offers $200mln bonds
CapitaMalls Asia Limited is offering subscription up to $200 million in principal amount of 1-year bonds and 3-year bonds to the public in Singapore.
Singapore PMI figures slipped in December 2010
The manufacturing PMI and electronics PMI both dropped to 50.7 and 52.2 respectively, DBS said.
Singapore Airlines undergoes organizational restructuring
The airline aligns closely-linked activities within commercial, operational and corporate planning areas to embrace new challenges and pursue fresh opportunities for growth.
SGX commodities contracts up 33% in December
782 companies are listed on SGX Mainboard and Catalist with a combined market capitalisation of $902bln.
Asia Pacific loan volume grew 30% in 2010
2,690 deals were the first annual increase since a record 2,951 deals were completed in 2007.
Home prices may rise 10% in 2011
Price growth would likely decrease from 2010's preliminary estimate of 17.6% due to the presence of downward pressures.
Singapore service sector contracted 8.8% in 2010
The only service sectors that showed growth are financial services sector and tourism-related business, HSBC said.
Private residential property price index jumped 17.6% in 2010
The price index increased to 2.7%, compared with the 2.9% in the previous quarter.
Cooling measures dampen HDB resale and private home prices
Effects of the implementation of new government rules are starting to be felt, With the HDB RPI is set to rise 2.4% to 171.9 and the private home prices expected to inch up 2.7% to 194.8.
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