Singapore
Rising fuel prices to heighten inflation
Rising fuel prices to heighten inflation
While the MAS is right that the bulk of the inflationary pressure previously came from high COE prices and accommodation costs, food and fuel prices will become more prominent factors in the inflation equation.
K-REIT Asia up stake in Prudential Tower to 93%
The Acquisition is expected to be DPU accretive and enlarges K-REIT Asia's existing 73% strata interest.
Sembcorp Marine inks US$450mn jack-up rig deal with Seadrill
Jurong Shipyard has delivered to Seadrill 3 units of turnkey Ex-D Friede & Goldman deepwater semi-submersible rigs while 6 others are in various stages of construction.
DBS establishes structured debt solutions and securitization capability
Unit set up makes DBS the only Asian bank to offer advice and solutions in the industry, which is seeing keen interest from customers across the region.
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.
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