News

Singapore received US$10 billion worth of investments from international firms in 2010,   modestly surpassing the US$7.79 billion forecast.

The December CPI may not change the April outlook as far as the monetary policy is concerned, OCBC said.

Yet Moody’s warns that carriers may become too aggressive in mobile payments.

The EDB is optimistic on the prospect of foreign investment into Singapore for 2011.

The funding for the proposed ASX-SGX combination comprises term loans of $3.8 billion and A$750 million.

Hong Kong took the first place, followed closely by Ireland on Ernst & Young's Globalization Index 2010.

Jones Lang LaSalle is marketing the Collective Sale of  the property and is offering interested parties a rare freehold residential redevelopment opportunity in the highly sought after District 10.

Higher COE prices, food and fuel prices, on top of the festive season effect are the factors driving inflation higher.

Singapore is the only country to recieve an underweight recommendation for asset allocation.

Rising tax receipts and a buoyant economy pulled the budget surplus higher, setting the stage for a generous FY2011 budget.

Increasing commodity prices may exacerbate the CPI inflation, OCBC said.

Demand for non-oil domestic exports in December rose 8.9% on-month and 9.4% on-year.

 

 

Travel remains the top spending priority of Singaporeans, with 64 % saying it was the last category of discretionary spending they would cut.

According to OCBC, ST reported that 4 in 10 homebuyers in Singapore hold more than 1 property loan in the first 11 months of 2010.