Philip Chua Business Blog

Posts Tagged ‘industry’

THE opening of Singapore’s first integrated resort (IR) – expected to be on or just before Chinese New Year – will kick off a new chapter in the history of Singapore’s tourism industry and, indeed, of its economy.
While this is worth celebrating, it is also to be hoped that everything has been done to ensure that the casino operations, especially, adhere to the regulations laid down by the Casino … more

After having increased by a total of 3% in October and November, retail sales dropped by 0.3% mom in December, as car sales fell slightly despite industry reports of another rise. However, in January, the announced drop in domestic vehicle sales could actually translate into higher car sales in the…

Political upheaval in Washington with the election of Republican Scott Brown to the Senate turned conventional wisdom on healthcare reform and financial sector reform on its head this week. Regulatory risk has risen against the banking industry as the Obama Administration tries to score political points off of popular anger…

The bank bonus season begins in earnest this week, and it looks as if it will be one of the largest and most controversial blowouts the industry has ever seen.

Wall Street – New York Times – Business – United States – Financial services

INCREASED foreign direct investment (FDI) from developing economies into emerging markets will shape the political risk insurance industry (PRI), says the World Investment and Political Risk 2009 report released yesterday by the World Bank Group’s Multilateral Investment Guarantee Agency (MIGA).
This trend could mean that Singapore, from which many investments are made into the region’s emerging m… more

(SINGAPORE) Singapore Exchange will launch contracts for gold, coffee and fuel oil early next year and invest heavily to support high-tech trading, new chief executive Magnus Bocker said yesterday at a derivatives industry conference.
‘I think there is a great opportunity for Singapore and SGX to be more in the forefront of trading and clearing of energy products,’ Mr Bocker, who took over from Hs… more

Dell Inc. said Thursday that its net income dropped 54 percent in the latest quarter and amid signs the company isn’t fully benefiting from the computer industry’s fledgling recovery.







Dell – Personal computer – Hewlett-Packard – Services – United States

SINGAPORE’S life insurance industry marked a second consecutive quarter of recovery with $426 million of total weighted new business premiums in the third quarter, placing the industry near levels before the global recession.
While this is a tad lower than the weighted new business premiums of $444.8 million in the third quarter of last year, it is a jump of 40 per cent from the second quarter and… more

Reuters – U.S. retailers are expected to post positive October sales results this week, but investors hoping for a clear signal on economic recovery could be in for disappointment, industry experts said.

Applications for home building permits, a gauge of future construction, fell in September by the largest amount in five months — a discouraging sign for the housing industry.