News
Singapore manufacturing hollowed out as 43,700 jobs lost in 2009
Singapore manufacturing hollowed out as 43,700 jobs lost in 2009
Additional manufacturing jobs during Q4 2009 were not enough to offset the losses after workers were let go for four consecutive quarters.
New BTOs face possible oversubscription
Recently launched Build-To-Order (BTO) projects Fernvale Ridge in Sengkang and Sembawang RiverLodge in Sembawang are expected to be well-oversubscribed by at least eight times each.
Lian Beng secures $78mln Centro Residences deal
The building construction group won the $78 million deal from Far East Group to build a 34-storey residential tower opposite Ang Mo Kio MRT station.
StarHub upgrades HSPA+ network with Huawei
StarHub and technology partner Huawei achieved peak data downlink speed of up to 42.2Mbps after concluding tests of its HSPA+ network using Dual Carrier frequency technology.
COSCO secures $500mln rig contract
Subsidiary Cosco Nantong Shipyard of the Singapore-listed shipbuilder won a $500 million contract for Sevan Driller II Rig.
Goal is S$25bln manufacturing output by 2015
Government will continue to enhance the environment for R&D activities with annual expenditure in biomedical sciences exceeding S$1 billion.
Employment grew by 37,500 in Q4 2009
The resilient labour market enabled employment to rebound following job losses in the first half of 2009.
Retail sales up 2.3% in January 2010
Catering trade meanwhile dropped 5.3% compared to January 2009.
Properties to be sold above $1,000psf
Of the total 1,196 private residential units sold in February, 53.3% exceeded $1,000psf, and the trend is expected to continue over the next few months.
Singaporeans: who are are you?
The Census of Population 2010 starts today, the fifth census conducted since Singapore’s independence.
StarHub supports Government's efforts to ensure fair content costs
StarHub also supports the idea of having a common set-top box for consumers, as it gives greater convenience, cost-savings and quality assurance.
First round of negotiations on Free Trade Agreement complete
Singapore and the European Union had constructive discussions during the first round of negotiations on the EU-Singapore Free Trade Agreement.
Temasek's unit ST Telemedia buys 10% stake in VNPT Global
The investment company is "now ready to jointly explore telecommunications opportunities on the world stage" with the Vietnamese firm.
MCC Land Singapore highest bidder for Yishun E3
The parcel at Yishun Avenue 11, with land area of 15,074.2 sq m, received a total of ten bids.
Aviation industry to recover from the bad year
"The international aviation industry was badly affected by the economic downturn last year, but Changi fared better than we anticipated," said Mrs Lim Hwee Hua.
Singapore Commodity Exchange to start trading gold
Singapore Exchange unit SICOM will begin trading its gold deferred settlement contract on 30 March 2010 to attract new investors.
CapitaMalls Asia will join the Straits Times Index
With the half-yearly review done, CapitaMalls Asia will be replacing Cosco Corp Singapore as a constituent of the Straits Times Index (STI).
Commentary
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