In Focus

Tourists splurged $18.8bln on shopping in Singapore

Tourism receipts exceeded the $17.5-18.5 billion forecast, according to OCBC.

Tourists splurged $18.8bln on shopping in Singapore

Tourism receipts exceeded the $17.5-18.5 billion forecast, according to OCBC.

Government gears up for war against inflation

MAS will allow SGD to strengthen further to combat inflationary pressures.

Fraser and Neaves bailed out by Kirin's 15% stake

Kirin's increased stake in Fraser and Neaves provides support to the share price, and possible provide catalyst for restructuring over the medium to long term.

From being a white elephant, Bharti is SingTel's new cash cow

The Indian telecommunications company is expected to contribute about 15-19% of SingTel’s earnings in FY11F/12F.

Office prices to grow 25% in 2011

The improvement of rental performance and investor confidence is seen to boost the office prices.

Unemployment rate rose to 2.2% in December 2010

An estimated 57,500 residents were unemployed in December 2010, according to the Department of Statistics Singapore.

Industrial space prices jumped 23.7% in 2010

Prices of multiple-user factory space increased by 6.3% in 4th Quarter of 2010, URA said.

2-year Singapore Government Securities bond fetched 0.48% yield

The $2.7 billion 2-year bond re-opening is the largest 2-year SGS bond offering since February 2004.

Manufacturing output slid 11.8% in December 2010

Biomedical manufacturing dragged down the manufacturing output in December 2010 and for the whole of 2010.

Singapore ranked first in Asia's best real estate investment destinations

The country's strong economic growth and brisk activity in the financial and high-technology industries pushed Singapore to top the rankings.

Singapore inflation up 2.8% in 2010

Transport, housing and food were the main drivers to the high CPI inflation.

Moody's on cooling measures: Developers' loss are the local banks' gain

The ratings agency said Singaporean banks will benefit from a more stable property market as their exposures to property speculators, price shocks, and loan losses will decline.

You're hired : employers planning to add staff

Improved market conditions will trigger a more active recruitment for the first quarter of 2011.

$1.3bn spent on industrial properties in 4Q 2010

Investment spending in industrial properties increased over 90% and it is expected to surge in 2011.

Home prices to increase 3% in 2011

The recent round of cooling measures are likely to dampen market transactions over the next few months, DBS said.

Harsh new cooling measures seen to kill property sales momentum in 2011

Developers’ sales volume is expected to dip sharply to the 500 to 800-unit range in January and February 2011 as market players re-assess their position following the harsh set of cooling measures announced on 13 January 2011.

Property prices to rise 7% in 2011

Unit transaction volumes are expected to fall to 12,000 units this year, said Macquarie.