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CHINA TAISAN’s sales grew 51.0% year-on-year to Rmb 302.5 million
due to rising average selling prices and a higher sales volume.
Weighted average selling prices rose 6.6% year-on-year due to higher average pricing for both performance fabrics and fabric processing services.
Sales volume jumped 41.5%, driven mainly by the successful launches of new products in 2009.

The new products [...]

Genting S’pore Q1 loss widens; Sentosa EBITDA S$109 mln
Genting Singapore <GENS.SI>, which operates one of the city-state’s two mega casinos, reported its losses rose 12-fold in the three months to March, hurt by impairment losses on its UK casino operations.
Genting Singapore, a unit of Malaysia’s Genting Bhd <GENT.KL>, reported late on Thursday a net loss [...]

Small property developers priced out of Singapore
Many small-sized property developers are seeing themselves priced out by foreign companies and big players, as tender bids for government and private land reach record highs in the country. This has made it more difficult for smaller developers to acquire land for development.
In the latest tender results for state [...]

Singapore’s SingTel 1Q profit rises 12 percent,singapore stock market, singapore stock market news
Singapore Telecommunications Ltd. said its profit rose 12 percent last quarter, boosted by higher income from its local and Indonesian businesses.
The company, also known as SingTel, said in a statement Thursday that net profit for the January-March period rose to 1.02 billion Singapore [...]

singapore stock news, singapore stock
Asian stock markets advanced Thursday after Spain’s deficit reduction plan eased worries about Europe’s debt mountain and good economic news sent U.S. stocks sharply higher.
Japan’s benchmark Nikkei 225 stock average rose 1.6 percent to 10,556.78. Solid corporate earnings results also boosted sentiment in Tokyo.
South Korea’s Kospi gained 1.4 percent to 1,686.28 [...]

Government releases four residential sites in one go
 
The government has released four more residential sites for sale, which can accommodate more than 1,200 private home units.
The Urban Redevelopment Authority (URA) said yesterday that the potential land supply from the government’s land sales programme, as well as the supply from projects in the pipeline will be [...]

singapore property market,singapore property market news,singapore market ,singapore property
Real estate developers to bring forward property launches
Singaporeans can look forward to more property launches. The Real Estate Developers’ Association of Singapore (REDAS) on Thursday announced that its members will be bringing forward property launches.
REDAS added that its efforts are only limited by the land available and [...]

Singapore
What’s Relevant
Singapore benchmark index, the Straits Times Index closed down 42pts
yesterday. Market turnover amounted to 2.3bn units worth S$1.96bn. The big
drag that constitute to the decline was CapitaLand. Sentiments will
outweigh fundamentals at this point in time. As of writing, the Aussie and
Japanese indices are already down close to 2%, suggesting that more
selling pressure ahead when [...]

PM Lee cautions S’poreans against getting carried away with economic recovery
SINGAPORE : Singapore’s economy may be picking up, but Prime Minister Lee Hsien Loong has said Singapore is not expecting the recovery to be very vibrant and strong.
And he cautioned Singaporeans against getting too carried away with the recent economic recovery.
Mr Lee said: “There is [...]

Australian Mining giant “BHP BILLITON” managed to make the Asia Forbes top 50 List. Forbes’ 50 best listed companies in the Asia-Pacific region “Our list is a mix of giant, established companies this year which includes Australian miner BHP Billiton ( BHP), Hong Kong conglomerate Noble Group and Indian oil and gas heavyweight RIL ( [...]