Philip Chua Business Blog

Posts Tagged ‘development’

MANUFACTURING output increased by 14.4 per cent last month on a year-on-year (y-o-y) basis.

And excluding the volatile biomedical manufacturing cluster, output increased by 23.9 per cent.

The electronics cluster saw the biggest jump with a 57.3 per cent increase in output last month (y-o-y).
The Singapore Economic Development Board (EDB) attributed this to higher demand, coupled with the low b… more

The pair looks to build on its last week weakness after backing off higher prices ahead of the 1.4625 level, its Nov 03’09 low and breaking back below the 1.4446/79 levels. This development has increased further downside risk towards its psycho level at 1.4300 with a turn below there turning…

THE Housing and Development Board (HDB) yesterday launched four new build-to-order (BTO) projects – including two highly anticipated developments in Queenstown – bringing the total supply of BTO units to 13,500 this year.
2,670 new units are being offered in the latest BTO exercise – the largest number of flats at any one launch in recent years, HDB said.
The Queenstown projects are SkyVille@Dawso… more

A one-day preview at the upmarket Marina Bay Suites development saw invited buyers snap up most of the 90 units released for sale at average prices ranging from $2,200 to $2,500 per sq ft (psf).
At least 81 units were bought yesterday at the 99-year leasehold, 221-unit condominium in Marina Bay, whose launch had been delayed by almost two years, said a spokesman for Raffles Quay Asset Management, … more

The pair followed through lower on its nearer term declines off the 1.6875 level on Friday decisively violating its short term trendline and taking out the 1.6514 level. This development continues to put GBPUSD under pressure with risk seen towards the 1.6260 level especially now that a bearish engulfing candle…

Fearing food shortages, investors from wealthy countries are snapping up land in poor countries to grow food there. Is this development or exploitation?

(SINGAPORE) Inflation is now expected to be higher in 2010, as a result of increased Housing and Development Board property values.
The government has revised its consumer price index (CPI) inflation forecast to between 2.5 and 3.5 per cent, from a one to 2 per cent range previously.
This is to account for the Inland Revenue Authority of Singapore’s recent revision of annual values of HDB properti… more

A private forecast of economic activity over the next six months edged up less than expected in October, signaling slow, bumpy growth next year.







Economics – Social Sciences – United States – Economic Development – Business

Risk continues to build to the upside having halted its corrective declines initiated off the 1.5062 level. Th e current price development is coming on the back of a turn ahead of its rising LT trendline drawn off the 1.2456 level. The mentioned strength has taken back half of its…

58% of respondents expect to spend more on research and development in next 12 months
MOST business leaders in the Asia-Pacific believe it will take two to three years for the global economy to recover fully.
In the meantime, many are gearing up for future growth and plan to spend more on research and development in the next 12 months.
These findings come from a survey conducted jointly by Pricewa… more