News
Fund manager sued by MAS fails to overturn ruling
Fund manager sued by MAS fails to overturn ruling
Tan Chong Koay and Pheim Asset Management Sdn have no other choice but pay $207,000 each.
SGX lists Kitchen Culture to Catalist
The kitchen solutions provider enters the exchange to fund its Singapore expansion and beyond.
Singapore Airlines strengthens collaboration with Tourism Queensland
The partnership further opens avenues for Singaporean tourists to hop in Queensland and the rest of Australia.
HDB's resale price index grows 3.1% in 2Q11
PropNex blames the lower 60% Loan-To-Value ratio for the supply crunch.
Office space prices up 3.6% in 2Q11
And the vacancy rate of office space increased to 12.5%.
Rentals of factory space increased by 4.5%
But the occupancy rate doesn’t seem to be affected.
47% of residential units remain unsold
As private home price growth decreases to 2% in 2Q11.
S&P to provide equity research to SGX Catalist companies
Companies will pay an annual fee of S$16,000 to participate in the program.
Tiger Airways hearing postponed
The budget carrier and Australia's Civil Aviation Safety Authority both applied for an adjournment.
MAS loses almost S$11b
They blamed it on a strong exchange rate.
Higher inflation pegged at 4-5%
MAS revised its forecast from 3-4% due to rising accommodation costs and private transport costs.
Uncertainties have clearly increased: MAS
GDP growth forecast range remains at 5 – 7% for now though, says Managing Director Ravi Menon.
Singapore’s hiring expectations drop 5% in Q3 2011
And guess what is the number 1 reason managers are quitting?
11,000 more Singaporeans to get government training
The “SME Quality Initiatives to Assist, Nurture and Grow” or SME Qiang aims to boost productivity by 10% over a year.
Credit profile strength recovers with just 7% of ratings on negative outlook: Fitch
But the outlook for ratings is more negative in some important areas, notably euro zone peripheral countries.
Asia Pac wealth management industry's IT spending to top $4.6b by 2015
Ovum predicts a growth rate of 8% over a five year period.
SGX questions rise in Tiger Airways’ share price
The bourse is also asking the budget carrier to explain the recent surge in trading activity.
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