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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. Business - Banking & Finance - CURRENCIES

    Big rally in Asian currencies signals 'sell'

    Posted May 09th 2013, 12:00am by BLOOM

    ... Bloomberg in Singapore Analysts say exchange rates are looking divorced from weakening economies Big rally in Asian currencies signals 'sell' The biggest rally in Asian ... ringgit, Thai baht and Taiwan dollar because of waning export growth in those countries. Citigroup strategists Gaurav Garg in Singapore and Weisheng He in Shanghai wrote in a report earlier ...

  9. Business - Money - MARKETS

    Emerging nations stem capital flows

    Posted Jun 14th 2013, 12:00am by BLOOM

    ... Bloomberg in Singapore Countries from Brazil to Thailand react to currency falls as US tightens up Emerging nations stem capital flows Emerging markets from Brazil to India took steps ... could scale back asset buying if it was confident of sustained economic improvement. Tim Condon, the head of Asia research at ING in Singapore, said: "Markets are repricing for what we ...

  10. Business - Economy

    Asian central banks seen entering currency markets if Fed tapers off

    Posted Jun 15th 2013, 12:00am by Reuters

    ... Reuters in Singapore Asian central banks seen resorting to currency market intervention if a reduction of Federal Reserve stimulus prompts devaluations Jitters over end of cheap money ... of currency and rates strategy at BNP Paribas in Singapore. Still, some voices point to the danger that these assumptions are wrong. If US Treasury yields rise more rapidly than expected, the risk ...




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