Monthly Archives: July 2011

Singapore GDP for Second Quarter 2011

Singapore Gross Domestic Product (GDP) grew only 0.5 per cent in the second quarter of 2011 from the same quarter in 2010 (year-on-year basis) based on the advance estimates released on 14 July 2011. This was significantly lower than first … Continue reading

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DBS Credit-linked Notes Series 01 (SGD)

In May 2008 before the world was to witness the global financial crisis of 2008/09 and before the collapse of Lehman Brothers Inc in September 2008, we were introduced to an investment product sold by DBS Bank known as Credit-linked … Continue reading

Posted in Financial Management

US Economy is flat

The largest economy in the world has still to expand significantly to reduce their unemployment rate of 9.2 per cent. United States has yet to recover fully from the Great Recession of 2007 to 2009 which was caused by the … Continue reading

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Jitter lifted for the time being

For one week from 12 July to 19 July, the Straits Times Index (STI) was below 3,100 points level. The concern was really the Greece debt problem that was affecting the sentiment in the stock market. Then for the last … Continue reading

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Love the view

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What is certain is that future is uncertain – investment climate

On Thursday, we learned that Singapore Gross Domestic Product (GDP) grew only 0.5 per cent in the second quarter compared to same quarter last year. When compared with first quarter this year, the economy contracted 7.8 per cent on seasonally-adjusted … Continue reading

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Global Logistic Properties Annual Report 2011

Global Logistic Properties Limited (GLP) released its annual report for the year ended 31 March 2011 recently. Profit attributable to equity holders increased to US$706 million from a loss of US$176 million during the previous year. Operating revenue increased 14.6 … Continue reading

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Singapore Airlines Annual Report FY2010/2011

SIA released its annual report recently for the financial year 1 April 2010 to 31 March 2011 (FY11). Coming out of global financial crisis of 2008/09, the previous financial year FY10 saw SIA turning in a small profit of $215 … Continue reading

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Singapore Telecom Financial Results FY2011

Singapore Telecom (Singtel) released its financial results recently for the financial year 1 April 2010 to 31 March 2011 (FY2011). Key Performance Numbers Operating Revenue $18,070 million (increase of 7.1%) Underlying Net Profit $3,822 million (down 3%) Return on Invested … Continue reading

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Stock indices at halfway mark

After my earlier post on the stock indices, Greek Parliament approved the austerity government budget in order to pave the way to get their bailout fund from IMF/EU so as to prevent sovereign insolvency. This cheered the major stock markets. … Continue reading

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