Singapore Property and Real Estate News Portal

THERE were some errors in our report, River Valley condo Luma relaunches with prices halved (BT, Nov 14). The condominium is located at River Valley Grove and not St Thomas Walk. The number of units sold earlier was not 10, but six. BT also understands that the developer, Novelty Group, purchased the site for around [...]

Asian stocks slide on renewed credit crisis, inflation worries Posted: 03 June 2008 1901 hrs HONG KONG : Asian stocks slid Tuesday due to fears that high inflation threatened economic growth and following a Wall Street tumble triggered by renewed concerns about the global financial crisis. Japanese shares ended 1.6 percent lower as concerns about [...]

Singapore’s sovereign credit rating remains stable By Pamela Almeda, Channel NewsAsia | Posted: 30 May 2008 2325 hrs SINGAPORE: International ratings agency, Moody’s, said it has no immediate plans to review its sovereign credit rating for Singapore as the country has strong credit fundamentals, including robust external assets. Singapore has the highest triple-A sovereign rating [...]

Global investors see opportunities in nanotechnology in S’pore By Timothy Ouyang, Channel NewsAsia | Posted: 28 May 2008 0025 hrs SINGAPORE: Global investors said they are seeing a lot of investment opportunities in nanotechnology opening up here in Singapore. The comment comes a day before the first ever NanoEquity Asia conference kicks off in Singapore. [...]

New virtual world makes S’pore Asian hub By Hedirman Supian, TODAY | Posted: 09 May 2008 1204 hrs SINGAPORE: German-based tech startup Metaversum is planning to make Singapore the Asian hub for its new 3D virtual world Twinity, and it is counting on the local market to reach out to other countries in the region. [...]

Management of foreign reserves likely to be more difficult in future By Channel NewsAsia’s Shanghai Correspondent Glenda Chong | Posted: 09 May 2008 2250 hrs SHANGHAI: The Government of Singapore Investment Corporation (GIC) expects the management of foreign exchange reserves to be more difficult in the coming years due to economic uncertainties and market volatility. [...]

Inflation to hit Singapore harder than US economic slowdown By Rachel Kelly and Jonathan Peeris, Channel NewsAsia | Posted: 08 May 2008 2050 hrs SINGAPORE : Inflation is a more serious problem for Singapore and other Asian economies than an economic slowdown in the United States, according to HSBC’s senior Asian economist, Robert Prior-Wandesforde. He [...]

Talent management among top challenges for organisations By Wong Siew Ying, Channel NewsAsia | Posted: 05 May 2008 1805 hrs SINGAPORE : Talent management and leadership improvement are the two top urgent challenges for organisations around the world over the next seven years. This was revealed in a global survey of some 4,700 business leaders [...]

Industries urged to give foreign workers proper pay package By May Wong, Channel NewsAsia | Posted: 05 May 2008 2053 hrs SINGAPORE: Industries need to provide proper remuneration and recognition to retain foreign workers in Singapore especially in the construction sector, according to Senior Minister of State for National Development, Grace Fu. She was responding [...]

Singapore’s largest private Lasik centre eyes regional prospects Posted: 02 May 2008 2232 hrs SINGAPORE : Singapore’s largest private Lasik centre has just opened its doors to tap into the growing demand for laser corrective eye surgery in Asia. Shinagawa Lasik Centre is a joint venture between the public and private sectors aiming to tap [...]