In Focus
Government to develop Singapore as Global-Asia hub
Singapore-based companies will be given the opportunity to expand into Asia using three strategies proposed by the government.
Government to develop Singapore as Global-Asia hub
Singapore-based companies will be given the opportunity to expand into Asia using three strategies proposed by the government.
7 in 10 Singaporeans are optimistic about their own economy
43% of Singaporeans think that good country leadership is a critical factor for growth.
Government to develop City for All Ages for ageing Singaporeans
The City for All Ages project aims to enhance the liveablitiy of the built environment, develop age-friendly solutions and services, as well as enhance the integration of services with the built environment.
Credit card bad debts fell to $13.8mn in January 2011
Billings fell 11.9% month-on-month to $2.8 billion, according to OCBC.
Singaporean women ranked 5th in Index of Financial Literacy
Thailand topped the ranking with an overall financial literacy index of 73.9.
Residential use development charges rates increased by 18.4%
Development charges rates or the period from 1 March 2011 to 31 August 2011 increased by 18.4% and 10.6% for use group B1 and B2 respectively.
Services sector business receipts jumped 5.2% in 4Q 2010
Business receipts improved 9.8% y-o-y in the fourth quarter of last year.
Olam accounting concerns: statement refutes three contentions in CLSA report
Issues raised include export incentives, differences in audited and unaudited accounts and negative EVA.
No need for alarm despite 1.6% month-on-month increase in January 2011 inflation: OCBC
Even though the January CPI print was above the market expectations of 4.4% y-o-y, OCBC states four reasons why Singaporeans should not be alarmed.
Inflation seen to hit 6% in Q1 2011
The possible further monetary tightening by the MAS in April is seen to be favorable, OCBC said.
Petroleum dragged domestic wholesale trade down 1.8% year-on-year in 4Q 2010
But, petroleum led the domestic wholesale trade to increase 7.2% q-o-q in 4Q 2010.
Government to give out $6.6bn to Singaporeans
To help mitigate rising costs for lower-income households, the average Singaporean household will receive about $3,000.
Something for everyone in Singapore Budget 2011: Ernst & Young
Lower income families, middle income earners and SME Businesses biggest winners in this year's budget.
Will Singapore crack the $1trillion trade market in 2011 ?
If trade grows by 1 per cent over the government forecast of 8 to 10 %, SIngapore will have made it into the elte club of nations whose trade exceeds US$1tn.
Singapore economy surged 14.5% in 2010
The expansion was driven by the manufacturing sector which rebounded by 29.7 per cent in 2010.
Private home sales fell 11% in January 2011
New projects that were launched in January saw weaker take-up of less than 50 percent.
Property measures not meant to kill the market
It is unnatural to expect property prices to remain strong, said MND Minister Mah.
Commentary
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