Job Opportunities in Singapore

Singapore
Client looking for Accounts cum Administrative Assistant
Permanent position.
Town Area (Near City Hall MRT)
Experience an advantage.
Salary expected SGD1400-1600
Interested candidates in this position or other openings, please email bernard@grobartigerhafen.org

Singapore Budget 2011

For your reading.

http://app.singaporebudget.gov.sg/budget_2011/default.aspx

Singapore Budget 2011

For your reading.

http://app.singaporebudget.gov.sg/budget_2011/default.aspx

Looking for property investment in Singapore? Contact us now.

Singapore Q4 office rents climb 12.2%

Singapore saw a 12.2 percent growth in rents in the fourth quarter of 2010, while rents in Shanghai and Beijing also continued to rise.
The Asian office market continued to take advantage of the improved business sentiment in Q4, as Asian corporations expanded to capture a larger market share and multinational firms focused on growth markets in the region, said CB Richard Ellis (CBRE).
In 2010, the aggregate net absorption of prime office space in 16 key Asian cities more than doubled the level seen in 2009 and reached levels not seen since the 2007 global financial crisis, said CBRE in its Q4 2010 Asia MarketView report.
"Although there were signs that Asian economic growth was slowing towards the end of the year, office demand remained strong in the fourth quarter of 2010," said John Falkiner, Managing Director of Transactions for Asia at CBRE.
"The period saw a steady flow of pre-commitments to new development schemes and cities including Tokyo, Singapore, Beijing, Mumbai and New Delhi reported a number of large leasing deals involving premises of over 100,000 sf."
Asia's overall vacancy rate further fell by 50 basis points quarter-on-quarter to 11.3 percent. Grade A space in CBD areas saw strong demand with vacancy rates in Singapore, Hong Kong and New Delhi dropping to levels below or at three percent.
Overall, Asian office rents jumped 3.9 percent quarter-on-qaurter in Q4 2010 and 9.6 percent for the whole year, as cities in Singapore and Greater China continued to see strong demand for prime leased office premises.
Singapore rents surged 12.2 percent in Q4, while Hong Kong rental growth slowed to 6.6 percent quarter-on-quarter, from the 10.9 percent quarter-on-quarter growth seen in Q3.
Meanwhile, Tokyo, Ho Chi Minh City and Seoul saw declines in prime office rents ranging from 0.2 percent in Seoul to 4.5 percent in Hanoi.

Singapore raises 2011 inflation rate forecast

FOR YOUR READING.

Singapore on Thursday raised its inflation forecast for this year, a move analysts said could soon be followed by an interest rate hike by the central bank.
The Ministry of Trade and Industry (MTI) announcement came as it also said the city-state's economy grew at a slightly slower rate last year than originally thought.
The ministry said inflation would likely hit 3.0-4.0 percent in 2011, up from its previous prediction of 2.0-3.0 percent.
It forecast prices to rise 5.0-6.0 percent in the first few months of the year before moderating in the second half.
"Given the raised inflation outlook, be warned... that the central bank may tighten its monetary policy further in April," said CIMB regional economist Song Seng Wun.
Several Asian economies have recently raised interest rates in response to escalating inflation, largely driven by higher food and energy prices.
The World Bank said Tuesday that rising food prices have pushed about 44 million people into poverty in developing countries since June.
China, which this month hike rates for the third time in four months, said Tuesday inflation hit 4.9 percent last month, running close to a two-year high and sparking renewed speculation of more monetary tightening from Beijing.
South Korea, Australia and Taiwan have also been forced to increase lending rates as central banks try to be vigilant in the face of strong economic growth following the global downturn.
MTI also Thursday that Singapore's economy grew 14.5 percent in 2010, a little slower than the the 14.7 percent figure given in January, which was based on preliminary estimates.
It retained its earlier projection of 4.0-6.0 percent growth this year.
The ministry also upgraded its total trade growth forecasts for 2011 to 8.0-10.0 percent from 6.0-8.0 percent.

Buy-in or Takeover Business

Singapore Security and Investigation Firm

Local licenced security and investigation firm
Over 20 years in the market
Existing projects and contracts with firms ranging from SME to MNC (residential to commercial properties)
Estimated Turnover per year SGD 600k.



For more info contact bernard@grobartigerhafen.org or 65-90293036