News
Singapore's demand for professionals in engineering sector soars
More professionals retrenched during 2009 economic downturn were rehired in the beginning of 2010.
Singapore's demand for professionals in engineering sector soars
More professionals retrenched during 2009 economic downturn were rehired in the beginning of 2010.
CapitaLand 1Q2010 profit up 169% to S$115.4mln
Higher revenue attributed to growth in residential sales in Singapore, China and Vietnam.
Asia Pacific investment activity rose by 37%
China developers' rush to close land deals as authorities tighten lending conditions pushes region's investments up.
M1 Q1 2010 net profit down 6% at S$39.3mln
Increase in handsets and advertising costs reduced company's profit despite 25.9% rise in revenue.
CapitaLand establishes subsidiaries in Singapore
A total of seven subsidiaries, including the joint venture between Cap Store and Hersing, are the newest addition to CapitaLand.
Car dealers hit as customers stopped buying
Statistics show sales of motor vehicles dropped 29 percent in February 2010 compared to the same period in 2009.
Blimey! Singapore Airlines cancels flights to Britain
Flight disruptions were caused by volcanic activity in Iceland and ash cloud moving over Northern Europe and the UK.
Property launches: Starlight at River Valley and Tree House in District Choa Chu Kang
Two new properties at opposite ends of the spectrum are being soft launched this month, one for investors and the other for families.
HDB prices closing in on private condo's
Condominiums in the mass and mid-tier market segments have been leading an upward trend in transacted prices and price positioning. Current all-time high prices for HDB transactions, including a HDB penthouse maisonette in Queenstown, which was almost sold for S$900,000 two weeks ago, seem to be bridging the price gap between private properties and public dwellings.
Luxury property prices could rise 20% in 2010
Property group Colliers International says luxury properties will outpace mass market as prices set to soar this year.
Sales in mid-end private property market soared in March
72% of the 1,761 transactions were at a median price of $1,000psf or more.
ACRA launches initiatives promoting voluntary compliance amongst companies
Agency intends to develop voluntary compliance on corporate regulatory requirements through non-penal measures and public education.
MTI upgrades Singapore's 2010 growth forecast to 7%-9%
Manufacturing sector’s 139% expansion paved the way to increase GDP growth forecast from earlier 6.5%-7.5% estimate.
Keppel marine arm to acquire Brazilian shipbuilding yard
US$50mln Keppel Singmarine Brasil eyed to build an average of 8 vessels a year.
IDA simplifies telecommunication dealer licensing and equipment registration framework
Enhanced framework offers telecom licensees convenience as well as time and cost savings.
CapitaMalls Asia dogged in Japan but China rocking
The Japanese aren't shopping and CapitaMalls Asia outlets in Japan stand 20% empty, but the good news is China is rocking.
More government sites up for redevelopment
Over the last two weeks, the government has signaled an interest to release iconic projects and substantial land parcels for redevelopment.
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