Friday, March 13, 2015

Singapore News Highlights for Friday

  • Employment growth for Singapore citizens and permanent residents is likely to taper off significantly in the coming years and employers will continue to find it costly to hire workers, whether local or foreign.
  • Oil prices inched higher in Asia on Thursday but gains were capped as dealers fretted over an over-supplied global market after US crude reserves once again swelled to a record high.
  • BLACKROCK Inc, an associate of Keppel Corp, made a series of dealings on Keppel Land shares on Thursday.It purchased 7,000 shares at S$4.55 apiece and sold a total of 48,100 shares at prices ranging from S$4.53 to S$4.55 per share
  • Singapore's financial regulator will work with commodity exchanges, investors and producers to support the development of the city-state as a trading center, including the expansion of clearing houses in Asia.
  • The executive chairman of Sinotel Technologies, Jia Yue Ting, has made an offer to take the company private at 9.8 Singapore cents for each share that he does not already own.

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