SINGAPORE: Economists have upped their growth outlook for Singapore as the city-state’s key industries continue to rebound from last...
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REAL ESTATE
China property boom ‘not bubble’ (Business Times (Malaysia))
SINGAPORE: CapitaLand Ltd, which has Chinese properties valued at more than US$14 billion (US$1 = RM3.32), said demand in China is “strong” and the real estate boom can’t be called a bubble. Still, the Singapore-based developer said it was “comforting” that the Chinese government is taking steps to rein in the market, according to...
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A look at global economic developments (San Francisco Chronicle)
A look at economic developments and activity in major stock markets around the world Wednesday: ___ BEIJING _ China’s exports surged in February in a new sign of growing global demand that could help persuade officials to let the Chinese currency rise…. China – People’s Republic of China – Asia – BEIJING – Export
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48 hours in: Singapore (Belfast Telegraph)
The city-state may be changing at the speed of light with its huge high-rises and reclaimed developments, but it still remains a metropolis of one million menus, discovers Simon Calder. Related Stories Advertisement: Fly to Belfast with BMI 48 hours in: Monaco Airline increases its ‘summer sun’ flights to Faro from City of Derry...
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No subprime danger in China: CapitaLand (Channel NewsAsia)
SINGAPORE: Property developer CapitaLand said the present property boom in China cannot be labelled as a bubble. It is of the view that current market conditions are driven mainly by physical demand.
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CapitaMalls Asia eyes Malaysia for expansion (The Edge)
KUALA LUMPUR: Singapore’s CapitaMalls Asia Ltd, the shopping mall development arm of CapitaLand Ltd, is looking at Malaysia as a key growth area for its retail PROPERTIES business.
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China Tightens Land Purchase Rules, Bans Villas (Update3) (Bloomberg)
March 11 (Bloomberg) — China is requiring a down payment for land purchases equal to 50 percent of a plot’s price and prohibited the supply of land for villas as the government sought to increase affordable housing.
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