Singapore
Capital Square expects bids of up to $2,500psf
Capital Square expects bids of up to $2,500psf
The succesful transaction of Capital Square should help to lift property valuation in the vicinity, said DBS.
2 Havelock Road up for sale for $302mn
AEW, the seller, has carried out an extensive refurbishment by increasing its NLA by about 20 percent.
Singapore Changi Airport passenger movements up 11.9% in January 2011
Traffic on low cost carriers grew 27% compared to a year ago.
72 % of Singaporean companies are budgeting a pay rise for staff
But its not all good news, with 41% of companies having no plans to hire and 6% planning to fire staff this quarter.
Exports fell 2.2% in January m-o-m, but still up 20% for the whole year
The better-than-expected y-o-y growth was led by electronics and pharmaceuticals.
Singapore economy will grow 5.2%:HSBC
Financial services will be the main driver for growth in 2011.
Government warns inflation could rise up to 6 % in 1H 2011
Singapore economy is facing a tighter labour market and inflationary concerns that may prompt further monetary tightening.
Swiss Re reported US$863mn net income for 2010
The high net income reflects the sustained earnings power of its business and the strength of its client franchise.
Dramatic slowdown in senior recruitment saw job ads fall 9% in 4Q 2010
The demand for senior, high profile roles which are not usually advertised partially caused the decrease in job advertisement volume.
CapitaMalls Asia profit jumped 9% in 2010
Profit after tax and minority interests came in at $421.9 million for FY2010.
Government forecasts economy could grow 4 to 6% in 2011
But the Ministrry of Trade and Industry warns several downside risks remain..
Singapore economy blew the gates off with 12% growth in last quarter of 2010
But construction slowed dramatically, falling 2 % having grown 6.7 % in the previous quarter.
Singapore economy surged 14.5% in 2010
The expansion was driven by the manufacturing sector which rebounded by 29.7 per cent in 2010.
Keppel bags US$380mn worth contract from Transocean
As part of the agreement, Keppel will build two high-specification jackup rigs based on the KFELS Super B Class Bigfoot design.
Non-oil domestic exports may have contracted 7% in January 2011
The Lunar New Year in early February may have caused a pullback in export sales in January.
Privately held businesses eye M&A for strategic growth
A survey said proportion of respondents anticipating making an acquisition in the next three years increased to 29% this year, up 8%.
ST Engineering subsidiary sells 100% equity interest in PT PMB Indonesia
The agreement is to sell the equity interest to Mr Reza Dwi Nugroho for a cash consideration of about $470,000.
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