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  1. Business - Economy - SINGAPORE

    Singapore economy beats forecasts with 1.8pc expansion

    Posted Jan 03rd 2013, 12:00am by BLOOM

    ... Bloomberg in Singapore City state averts recession even in the absence of stimulus from central bank Singapore outpaces forecasts with 1.8pc expansion Singapore's economy expanded ... recovery, even as the export-dependent region faces risks from Europe's protracted sovereign debt crisis. The Monetary Authority of Singapore, which allowed faster currency gains in 2012 ...

  2. Don't blame the peg; Singapore's no better off than HK

    Posted Jun 18th 2012, 12:00am

    ... to alleviate these curses, just as Singapore does. Yet, had they actually checked the data, these critics would have realised that their arguments for getting rid of the peg simply don't stand up. Last Wednesday, Monitor published a chart showing that there has been almost no deviation in consumer inflation rates between Hong Kong and Singapore over the last seven years. Although ...

  3. Singapore threat to HK role as yuan trading hub

    Posted Feb 21st 2012, 12:00am

    ... Enoch Yiu enoch.yiu@scmp.com Hong Kong's role as a leading offshore yuan trading centre is facing a challenge, with some companies preferring to settle yuan trades in Singapore- claiming that it requires less stringent paperwork. Bank of East Asia deputy chief executive Brian Li Man-bun (pictured) said yesterday the bank's Singapore yuan business had doubled last ...

  4. Singapore prices to keep rising

    Posted Sep 08th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Luxury home prices in Singapore will continue to rise despite government measures to cool the booming sector, according to a local developer. Strong demand, limited supply, low ... months. Singapore's gross domestic product grew 24 per cent in the second quarter from the first quarter. Prime Minister Lee Hsien Loong said GDP would grow between 13 per cent and 15 per ...

  5. Singapore building costs most expensive in Asia

    Posted Aug 04th 2010, 12:00am by Peggy Sito

    ... Peggy Sito Singapore is Asia's most expensive country in which to build, followed by Hong Kong, an international construction cost report says. The price of construction in the city ... of building types, said Richard Warburton, the consultancy's head of cost and commercial management in Asia. Singapore was ranked 10th among 50 countries surveyed worldwide. Switzerland topped ...

  6. Huaneng in S$4b deal to acquire Singapore power company

    Posted Mar 26th 2008, 12:00am by Eric Ng

    ... Eric Ng Huaneng Power International, the nation's largest listed electricity generator, has signed a letter of intent to buy Singapore's Tuas Power that its parent recently ... away from the mainland energy market which is suffering from government price controls. Singapore has allowed power producers to pass on higher coal costs to consumers more freely. Huaneng last ...

  7. Mouthpiece media swallows wealth study spin whole

    Posted May 09th 2008, 12:00am by Jake Van Der Kamp

    ... with Jake van der Kamp 'S'pore ousting HK as top millionaire hub' Singapore is expected to pull ahead of Hong Kong as home to the highest concentration of millionaires over ... in Singapore. When not absorbed with the pronouncements of the Royal Family, Pravda likes to pass on such thrilling news items as that Singapore has just been named the world's No4 producer ...

  8. Linked exchange rate or low inflation policy, you choose

    Posted Jan 01st 2007, 12:00am by Tom Holland

    ... Settlements in Hong Kong in November, central bank officials and regional economists were presented with a report comparing the different economic policies pursued by Hong Kong and Singapore. Authors ... to react to such shocks. Singapore, however, has the flexibility to adjust. Unlike the Hong Kong Monetary Authority, whose main aim is to maintain currency stability, the Monetary Authority ...

  9. HK must improve debt markets structure

    Posted May 24th 2006, 12:00am by Leland Sun

    ... into extinction. There were three transactions in 2004, two last year and none so far this year. However, markets such as Japan, Korea, Taiwan and Singapore continue to have an increasing volume of new ... in securitising its financial assets (especially mortgages). In comparison, the securitisation markets in Japan, Taiwan and Singapore have further developed due in part to their significantly higher ...

  10. Luxury goods shunned as retail sales growth eases

    Posted Aug 02nd 2006, 12:00am by Dennis Eng

    ... Dennis Eng Shoppers flocked to department stores but steered clear of jewellery and valuables as growth in retail sales in June eased slightly to 5.2 per cent year on year at HK$17.4 billion, the government said. Growth in retail sales for the month was d ...




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