StockCenter
At the Heart of it
 

Stocks News » Singapore Stocks

The opening of the two integrated resorts here looks set to drive up numbers not only for the tourism sector, but for the telecommunication carriers as well.

Nomura Singapore, a branch of the Japanese securities company, expects tourist traffic in Singapore to reach around 13 million this year, up from 9.7 million last year - and with that, an increase in pre-paid SIM card purchases and roamin
The premium market in air travel is making a comeback, said Nicholas Ionides, vice president for public affairs at Singapore Airlines.

Speaking to CNBC on Wednesday, Ionides said the carrier was pleased with the strong pick-up in corporate traffic and is upbeat on the long-term outlook for the premium market.
Shares in Tiger Airways, the first Asian carrier to be listed in five years, rose more than five percent in a volatile Singapore debut.
Despite negative sentiment sparked by plans in the US to limit banks, shares in the budget carrier closed at 1.58 Singapore dollars (1.13 US), up eight cents, or 5.3 percent, from its initial public offering price of 1.50 dollars.
Singapore Exchange, Asia's second-largest listed bourse, is seeing better prospects for new listings and quarterly turnover, despite the challenge from rival Hong Kong which leads the
race for IPOs.
SGX has struggled against bigger rival Hong Kong Exchanges & Clearing and other Asian bourses in attracting big IPOs, which analysts say is affecting its growth potential.