In Focus
No residential property sold at auction during Hungry Ghost Month
Sellers’ increased expectations and higher asking prices prompted one of lowest auction sale in 13 years.
No residential property sold at auction during Hungry Ghost Month
Sellers’ increased expectations and higher asking prices prompted one of lowest auction sale in 13 years.
Singapore's effort to stabilize property market will benefit banks
DBS, OCBC and UOB have exposures to the property market, comprising of 52%-54% of total loans.
Accountants in demand as future leaders sought
Trend was dramatic shift from last year when most organisations were merely recruiting for critical roles.
Asia Pacific CIOs increase awareness in cloud services
CIOs are adding public and private cloud delivery models to their services sourcing portfolio.
August manufacturing PMI down to 49.4
The manufacturing PMI contracted for the first time since April 2009 due to declining new orders, new export orders, output and employment.
TEE acquires Marina Bay Sands Worker's Dormitory
Marina Bay Sands previously owned the fully furnished dormitory that can house 2,280 workers.
Singapore is world's fourth largest forex centre
Singapore-based financial institutions poised to capitalise growth as average daily foreign exchange turnover volume reached US$266bln.
URA revises development charge rates
Government policy expected to produce a more moderate collective sales market over the short term.
Government acts to stabilize property market growth
Measures seen to place a check on the current exorbitant prices in the mass market.
Asians spend US$93bln on consumer technology products
GfK Asia sees growing demand for portable electronic devices in Asia as consumer spending jumps 6%.
Businesses urged to prepare for global lease accounting changes
Changes have been driven by a recognised need for greater transparency in leasing standards.
Singapore bond sales expand as economy accelerates
Motivation to grab title of world's fastest-growing economy attracted companies to raise $14.1bln via notes.
Singapore remains Top International Meeting City
STB attributes Singapore's constant re-invention and innovation of itself as key for obtaining the position thrice.
Second quarter primary residential property sales down 8%
Foreigners’ share of total purchases in quarter maintained at 11% behind caution over global economic situation.
Asia Pacific mobile market to face challenging times
Operators need to develop new business models, prudent manage capital investment, and enrich customer experience.
Asia Pacific office property markets headed for growth
Raffles Place rents up 2.9% in second quarter while CBD core area vacancy rate dropped 7%.
July exports cooled as government sees slacking demand
Overseas demand may lessen as European governments implement austerity programs to cut deficits and households spending.
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