Monthly Archives: January 2011

Singapore Economy Risks Over Heating

SINGAPORE: There would be no need for stimulus measures in Singapore this year, Senior Minister of State for Trade and Industry S Iswaran said in Parliament on Monday. In fact, he said Singapore would need to be watchful of over-heating … Continue reading

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Property Agents’ Application Period Extended

SINGAPORE: The Council for Estate Agencies (CEA) said it would allow estate agencies and property agents, with pending submissions or whose applications are not in order, to act provisionally till the end of this month. Some 813 property agents and … Continue reading

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Are More Government Cooling Measures On The Cards?

Strong new home sales for November (1,909 units) pushed the total tally for the first 11 months of the year to 15,025 units. This shatters the previous record of 14,811 new homes sold in 2007 during the peak of the … Continue reading

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China To Build US$1.5b Trading Centre In Thailand

BEIJING: China will build a “commercial city” in Thailand worth $1.5 billion that will allow traders to re-export Chinese-made goods and avoid costly tariffs, state media said Thursday. More than 70,000 Chinese traders are expected to operate in the China … Continue reading

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Indonesia Keeps Rate At 6.5% As Inflation Rises

JAKARTA: Indonesia’s central bank kept interest rates on hold Wednesday, days after data showed inflation last year was much higher than forecast. The bank held the key borrowing rate at 6.50 percent for the 17th straight month as it tries … Continue reading

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210 Property Agents Disqualified

SINGAPORE: 210 property agents have had their registration applications rejected and will no longer be allowed to practise from Saturday. Industry regulator, the Council for Estate Agencies (CEA), said the individuals were found to either have criminal records or records … Continue reading

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