Singapore

Australia not against Singapore Exchange's bid for ASX

Australia not against Singapore Exchange's bid for ASX

Australia Treasurer Swan has denied market speculation that his government opposes the ASX-SGX merger, said OCBC. 

Inflation may have surged to 5.9% in February 2011

Inflationary risks are centainly rising and food inflation has also been steadily rising, said DBS.

Alpha Investment Partners and NTUC Income jointly acquire Capital Square

This agreement is for an investment consideration of about $889 million.

ST Engineering client terminates shipbuilding contract

Louis Dreyfus Armateurs have alleged that there is a delay in the delivery of the Ropax vessel from ST Marine, the marine arm of ST Engineering.

Keppel Land to build homes in Sengkang

The 1.8-ha site will yield about 630 units that are about 200 metres to the Sengkang MRT/LRT station and bus interchange.

Singapore Airlines beats out Shangri-La as Singapore's most desired brand

The top 100 brands in Asia were ranked and among the top ten were Google (3) and Apple (4), Mercedes (5) and Rolex (6).

Singapore insurers to tap Far East markets in 2011:Ernst & Young

Insurers must choose their opportunities carefully and move quickly to take advantage of the expansion in South Asia and East Asia.

Japan crisis may drag down Singapore shipments:OCBC

Recent NODX figures came in disappointing, although OCBC's and market forecasts did have little impact in the market given the nuclear crisis in Japan.

Inflation remains top concern for central bankers:DBS

The adjustment in MAS's exchange rate policy is geared towards medium term inflation and growth outlook.

Lacklustre exports seen to be temporary:DBS

Despite ongoing worries on high oil prices derailing growth, PMIs of key markets have remained in the expansion zone.

Non-oil domestic exports to the US rose by 20% in February 2011

However, NODX to Indonesia and Hong Kong declined by 17% and 6% respecively, due to electronic and non-electronic NODX.

Oil domestic exports declined by 10% month-on-month in February 2011

This is in contrast to a rise of 28% in the previous month while oil domestic exports expanded by 22 per cent on a y-o-y basis.

Damage to Japanese nuclear reactors seen to have minimal impact on Noble

No meaningful impact on the thermal coal demand is expected, as DBS understands peak-load plants in Japan are mostly oil-fired.

Manulife Asset Management launches two new funds

The Manulife Global Contrarian Fund and Manulife Strategic Income Fund are the first global funds to be launched by Manulife Asset Management in Singapore.

Manulife Singapore announces senior management appointments

Manulife has made key appointments in the areas of Legal and Compliance as well in two newly created business units - Strategic Initiatives Office and Accident & Health.

Managing the fallout: The impact of the Fukushima disaster on Japan's food exports

The explosions at the nuclear reactors at the Fukushima Daiichi nuclear complex have also raised concerns about the radiation effects on food supplies.

Total trade contracted by 6.3% month-on-month in February 2011

On a y-o-y basis, total trade rose by 6.4%, following the 14% increase in the previous month.