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2010-09-03 05:10
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Posts Tagged ‘year’

Mega IPOs primed to give year a bang

(SINGAPORE) After a slow start to the year, the market for initial public offerings (IPOs) may still end 2010 with a bang if some highly anticipated mega IPOs make their way here. Industry players are expecting at least three blockbuster listings by the end of the year, of which two are linked to the Singapore government. If that materialises, 2010 will shape up to be a stronger year than 200... more

2010 census shows Singapore population crossed 5m in June

THE population of Singapore crossed 5 million in June, even as the increase in the number of permanent residents (PRs) slowed to a trickle over the past year. Key findings from the latest 2010 census show the number of PRs grew just 1.5 per cent this year - down sharply from 11.5 per cent in 2009. Between 2005 and 2009, annual growth in PRs averaged 8.4 per cent. Growth in the number of 'non-resid... more

Airline passenger numbers show healthy growth in H1

(SINGAPORE) The global airline industry enjoyed a strong rebound in travel demand during the first half of this year, with premium travel rising 11.9 per cent, while economy travel was up 6.3 per cent. The latest data released by the International Air Transport Association show, however, that travel demand growth has softened sequentially from quarter-to-quarter. In June, premium seat demand was 1... more

Shoppers clean up at this year’s GSS

CASH registers rang loud and clear during this year's Great Singapore Sale (GSS), according to MasterCard. Total spending by local and tourist MasterCard holders jumped 28 per cent year- on-year to $1.21 billion. Total transactions by MasterCard holders were also higher during the two- month GSS from May 28 to July 25. They rose 18 per cent year-on-year to 7.2 million. 'This year's GSS shows rebou... more

Dollar Falls on Employment Data

The dollar fell versus its counterparts except the Canadian dollar on Friday after a Labor Department report showed July US nonfarm payrolls dropped more than expected. US interest rates declined and the S&P 500 slipped 4.17 to 1,121.64. The yen advanced as US 2-year note yields fell below 0.50% for

OCBC Q2 net profit rises 8% to $503m

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
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