Singapore

Singapore Airlines passenger load factor slipped 4.8% in February 2011

Singapore Airlines passenger load factor slipped 4.8% in February 2011

The passenger load factor declined to 75.1 per cent due to a decline in systemwide passenger carriage and increase in capacity.

Impact of Japan quake on Singapore's food supply expected to be minimal

In 2010, seafood imported from Japan constitutes less than 2% of Singapore's total seafood imports by quantity.

Keppel secured contract worth US$210mn

Japan Drilling Company awarded Keppel a contract to build a KFELS Super B Class jackup rig.

Private home sales likely to hover around 800-1,000 unit level in March 2011

Developers are expected to continue to push out their projects in March 2011 amid mounting global uncertainties, said Colliers International.

Singaporeans and tourists are scaling up spending:HSBC

The January retail sales numbers was one of the surprises Singapore has delivered over the past few months.

Only 35% of organisations in Singapore are currently recruiting

But over 90% of businesses have retained their staff, according to Antal Global Snapshot.

Tiger Airways passengers up 11% in February 2011

484,000 passengers were carried by Tiger Airways for the month of February 2011.

Seasonally adjusted retail sales decreased 2.9% in January 2011

However, January still showed strong retail sales in nominal terms with an increase of 2.9 per cent compared to January 2010.

Total employment grew 3.9% in 2010

The total employment growth of 115,900 far exceeded the 37,600 or 1.3% in 2009.

Retail sales may have expanded 2.5% in January 2011

The January retails sales is due later today, said OCBC.

URA to launch tender for second sale site in Jurong Lake District

The Urban Redevelopment Authority announced that it has accepted an application from a developer to put up the second sale site in Jurong Lake District for sale via public tender.

Prime retail rentals remain unchanged in Q1 2011:DTZ

Rental values for prime first-storey retail space islandwide were unchanged as the industry continues to grapple with the demand-supply dynamics that have yet to settle.

Employment rate of workers aged 55 to 64 reached new high of 59%

Employers should tap on the pool of mature workers to moderate the need for foreign manpower and remain competitive.

Lack of skilled labour considered as number one constraint to growth

The recently announced changes to foreign workers levy for the lower skilled worker will add up to business costs.

Government revised retail sales, food and beverage indices

To reflect changes in the structure of retail trade and food & beverage services industries, the coverage and weighting patterns are revised at regular intervals.

IDA steps in to halt “bill shocks”

Consumers now have the option to block third-party providers that send chargeable Premium Rate Services (PRS).