Philip Chua Business Blog

Posts Tagged ‘six months’

OCBC Bank's net profit rose 8 per cent to $503 million in the second quarter compared to a year ago, missing analysts' estimates, as the group struggled to boost its lending income amid low interest rates, while investment income halved due to turbulent financial markets. But OCBC raised its dividend for the first six months of the year to 15 cents per share, from 14 cents previously - the first t... more

RISING prices, in the wake of Singapore's strong economic rebound, affected households across all income groups in the first six months of this year, according to figures released yesterday. But cost increases were slowest for the lowest earners - those in the bottom 20 per cent by household income. This is a departure from recent years when rising prices hit low-income households hardest. Figures... more

SINGAPORE consumers are now far more bullish on market and economic prospects than they were in mid-2009, but spending is likely to remain prudent, going by recent market surveys.

The latest consumer confidence index compiled by MasterCard jumped to 79.4 for the second half of 2009, more than double the reading of 31.2 six months earlier, and exceeding the H2 2008 reading of 62.3 too.

The 400 … more

Consumer spending rose for a second straight month in November as incomes recorded their biggest gain in six months, data showed on Wednesday.

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More of America’s largest companies will shrink their staffs than will hire in the next six months, according to the latest survey of their CEOs.

Chief executive officer – Business – Employment – United States – PRWEB

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