| Singapore house prices to drop in next 6 months [22-02-2012] |
Singapore’s leading property site, revealed its fourth quarter 2011 survey results on the property market sentiment in Singapore.
The survey indicates that home buyers and investors expect the new government measures to lower the cost of property, compared to third quarter 2011.
Largely due to the im>>>>>[Read More]
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| Malaysia January inflation to ease [22-02-2012] |
MALAYSIA'S inflation level in January should ease from December but the timing of the Chinese Lunar New Year holidays may cause some distortion to the Consumer Price Index reading, said economists. A Business Times poll expects the Consumer Price Index to grow by an average of 2.74 per cent.The Stat>>>>>[Read More]
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| Panasonic wants to grab 30pc of LED bulb market [22-02-2012] |
Panasonic Malaysia Sdn Bhd aims to be the country's market leader in the light-emitting diode (LED) bulbs by capturing 30 per cent market share by the first quarter of next year. Its managing director Jeff Lee said the company is looking at sales of RM3 million or 100,000 pieces of its newly launched LED bulbs>>>>>[Read More]
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| Foreign direct investments hit RM33bil, surpassing pre-crisis level [22-02-2012] |
Despite prevailing global economic uncertainties, Malaysia's total foreign direct investment (FDI) inflows sprung a surprise and climbed to RM32.9bil last year, eclipsing the pre-crisis level of RM29.1bil achieved in 2007.
International Trade and >>>>>[Read More]
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| Upcoming company earnings may set tone for M'sian market [21-02-2012] |
The incoming barrage of financial results may set the underlying tone on Bursa Malaysia over the next few weeks, as eager investors searching for fresh leads may support mild gains fo>>>>>[Read More]
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| Vehicle sales down 25% [21-02-2012] |
Total vehicle sales fell 25% to 40,948 units in January 2012 from 54,781 units in the same month last year, according to the Malaysian Automotive Association (MAA).
In a statement yesterday, it said the lower vehicle sales last month was attributable to tighter hire purchase loan approvals, the shorter working mon>>>>>[Read More]
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| Palm oil price hits 8-month high [21-02-2012] |
Crude palm oil (CPO) futures price hit RM3,260 per tonne, the highest in more than eight months but finished short of the intraday high buoyed by higher soy bean prices.
At 5pm yesterday, CPO for third-month delivery was up RM11 to RM3,253.
A trader said the commodity was fundamentally supported by the tigh>>>>>[Read More]
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| Demand for luxury houses seen to be flattish [21-02-2012] |
Demand for houses priced around RM1mil has dropped and is expected to be flattish throughout this year, a reflection of real estate transaction volumes across the Asia-Pacific, an online survey in Malaysia and a Hong Kong-based report show.
External uncertainties, the general election factor on the local front and>>>>>[Read More]
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| Weak outlook seen for steel industry in first half of the year [20-02-2012] |
Local steel companies are expected to face a squeeze in their margins and earnings in the first half of this year due to the challenging outlook in the domestic and global front.
According to market analysts, industry players would encounter weak domestic steel prices, high raw material cost as well as hikes in el>>>>>[Read More]
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| Singapore escaping recession? [17-02-2012] |
Singapore says it may avoid a recession despite the weak global economic outlook, after data showed the economy contracted less than expected in the last quarter of 2011 despite persistent weakness in electronics.
“The first month of trade numbers, export numbers are quite good,” >>>>>[Read More]
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