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Singapore Banks get stable ratings—Fitch
The outlook on all banks' 'AA-' Long-Term IDRs is stable though home price decline behind risky & weak external conditions.
Singapore Banks get stable ratings—Fitch
The outlook on all banks' 'AA-' Long-Term IDRs is stable though home price decline behind risky & weak external conditions.
Singapore gross domestic product forecast at 5.1%
While Hong Kong, Indonesia, Malaysia and Thailand is expected to register a healthy GDP growth, ranging from 4%-6%.
Sale of new homes increased to 2,329
Total transaction volume for the homes sold up to November 2010 was $16.98 billion.
Singapore Changi Airport surpasses 37.7 million traffic record
Changi Airport handled more than 40 million passenger movements in 2010.
Asia equity fund fees among worlds highest averaging 0.83 %
Global emerging markets equity remains the most traditionally expensive asset class category with median fees averaging 1.0%, up from 0.90% in 2008.
Asia to become world's chief growth region in 2015
2010 signaled that Asia ex Japan has emerged from the global crisis.
URA may block CBD rezoning to to protect office space
The need to rejuvenate the old CBD and inject live-in population in the city area is necessary.
IATA sees Asia-Pacific carriers to profit $7.7bln in 2010
Yet the industry will face tougher conditions next year though the $9.1bln profit projection for 2011 is better than expected.
Office rents to increase by 10% in 2011
Investment activity in the Central Business District office market is likely to remain strong.
Singapore on par with Germany on merger and acquisition activity
Asia is emerging as the most favorable region for global M&A activity outside the traditional Western markets.
Singapore authorities support protection of financial system stability
The discussion tackles measures which are said to include both macro supervision and micro measures to handle the anticipated increase in flows of capital into the region.
Yields forecast at 0.4%
The central bank said that the policy of a modest and gradual appreciation of the SGD NEER will help "cap CPI inflation at 2-3% in 2011 from 2.5-3.0% in 2010".
STI steeped in uncertainty due to China's reserve rate hike
OCBC said only a clear break of the 3200 mark on the upside may provide stronger cues to the market as any attempt from Wall Street may still influence trading results.
Asia flooded with more than $1tn of greenbacks in 2010
Government bond curve are more likely to steepen than flatten, given the prospect of strong growth and inflation.
GIC holdings for China International Capital Corp increased to 16.35%
Government of Singapore Investment Corporation became the second-biggest shareholder in CICC. According to OCBC, the holdings increased from 7.35% to more than 16.35%.
BNP Paribas appoints new Asia Pacific head
12-year banking veteran Eric Reynaud will also be the Chief Executive Officer for Corporate and Investment Banking in the region.
Hyflux CEO Olivia Lum named Ernst & Young Entrepreneur Of The Year 2010 Singapore
Olivia will compete with more than 50 other country winners as Singapore's representative for the prestigious Ernst & Young World Entrepreneur Of The Year. Olivia is Singapore's first woman contender for the coveted world title.
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