News
Flights at Changi Airport soared by a record 12.8 % to 24,994 in May
Flights at Changi Airport soared by a record 12.8 % to 24,994 in May
Passenger traffic also increased by 11.3% to 3.77m.
It’s extended playtime for tourism and hospitality
Analyst says these sectors are enjoying from “Singapore’s draw as a new playground in Asia”. They are said to be expected to hit new highs in 2011.
Confine cooling measures to mass market homes, says analyst
And warns that HDB upgraders will either fear rising prices of new private homes or be constrained by the minimum occupation period of resale flats.
Hullabaloo causes price slash at Centrale 8
Developer Sim Lian cut the price range of its DBSS flats in the project by up to $102,000 per unit.
Singapore Airlines and Brussels Airlines secure codeshare pact
Agreement allows Singapore Airlines to reach to more destinations within Europe.
Singapore now third most ‘moved to’ country in the world
The country ranks up four places, coming in just behind the US and the UK.
M1 first to launch 4G
Available in the Marina Bay and CBD area, the 4G network will download at 75 Mbps and upload 37.5 Mbps.
72% of Singaporean employees willing to work even at age 64
And survey showed four out of ten people would prefer a position with more responsibility even without a salary increase.
Distance-based fares derail SMRT’s revenue growth
Lower average fares will negate ridership improvements and limit revenue growth to only around 1% quarter-on-quarter, warns analyst.
SGX steps up product disclosure
The changes to the listing manual are in line with MAS’ initiative to improve disclosure with the use of product highlight sheets.
Aussies are worth $1 million
At least that is how much Singapore Airlines will put into a marketing campaign to promote Down Under as a destination with Tourism Australia.
Singapore REITS gearing up to buy more properties
They will fund acquisitions with a mix of debt and equity with a 40-45% leverage.
A worm in this Apple as Android takes 46% of the tablet market in Asia?
Over 260,000 Tablets worth USD167m were sold in Southeast Asia in April, says GfK Asia.
The devil floats Prada
At US$2.1 bn dollars, it’s the 2nd biggest IPO of the year on Hong Kong exchange.
Warnings as inflation smashed through 4.1% in May
And industrial production fell 7 % - is this a new stagflation ?
Inflation has peaked in Singapore as car prices drop
Is this a new normal, or just a bump on the road to higher prices ?
Electronics exports down 15.2% in May
Blame it on fewer shipments of integrated circuits, PC components and disk drives.
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