News
Singapore PMI figures slipped in December 2010
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.
Singapore's 2010 GDP falls short of expectations
The economy registered a full year growth of 14.7% despite expanding in 4Q10, and failed to meet the analysts’ 15% prediction.
Manufacturing growth up 28.2% in 2010
After falling -18.9% qoq in Q3, the manufacturing growth rebounded on a qoq basis.
Singapore GDP growth forecast at 5% in 2011
Despite the 14.9% yoy GDP growth for 2010, GDP growth should moderate to around 4-5% in 2011.
Transport and storage services total value added down 20% in 2009
While total operating receipts generated by the transport and storage services industry is 16.2% lower compared with 2008.
Water transport services profitability ratio down 12.7% in 2009
Earnings-Expenditure Ratio of the transport and storage services industry decreased to 16.4% in 2009 from 21.1% in 2008.
Merry Christmas and Happy Holidays
Santa is taking a break in Australia and the elves are off to the provinces for the Holiday break so come back in the new year starting Janaury 3.
US$1.13bln worth of small domestic appliances sold in ten months
Singapore Small Domestic Appliances industry grew significantly by 32 per cent.
Singapore economic growth expected to drop at 5.2% in 2011
While a full-year growth of 14.8% is expected for 2010.
Office rents continue upward momentum in fourth quarter
Steady level of office space demand is seen should the economic recovery remain on track.
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