Singapore

Keppel secures contract from MODEC and Toyo Offshore Production Systems

Work is expected to commence in the fourth quarter of 2012.

Keppel secures contract from MODEC and Toyo Offshore Production Systems

Work is expected to commence in the fourth quarter of 2012.

Blogger apologizes for criticizing Singapore courts

Au Waipang took down a blog post that claimed prosecutors and judges are indulgent towards the well-connected.

Singapore economy to slowdown in last 2 quarters: Moody's

As global crisis looms how did Singapore fare in 1Q12 compared with ASEAN peers?

Parliament casts doubt upon SMRT's rental and ad business

Rental and ads comprise just 10% of SMRT's revenue but it contributes 55% of total profit.

Will LTA share upgrade cost with struggling SMRT?

MayBank says new investments in equipment could crimp SMRT cashflow by 13%.

Downtown Line 3 tunnelling works kick-off

The entire tunnelling process is expected to take about 25 months but Land Transportation Authority notes of 2 key challenges.

Singapore dollar little changed against the greenback

Even as the US dollar strengthened against major currencies, it gained very little ground against the Singapore dollar.

Orchard monthly rents slip in 4Q11

Prime ground floor gross rents were steady around S$38.5 per sq ft per month for 2 years before slipping to SGD$38.30.

Chart of the Day: Leasing demand remains robust

There were a total of 18,948 leasing transactions in the first five months of 2012.

Manufacturing pros get training to address skills gaps

A total of 805 engineers have been successfully trained through Workforce Skills Qualifications training programmes.

STI set for flat open with any pullback to be short-lived

Some SGX blue chips may get a boost from a proposed tie-up between the London Stock Exchange and SGX, says IG Markets Singapore.

SGX and LSE sign cross-trading agreement

The two bourses will be able to trade their largest and most actively traded stocks.

Neo Group outlines three-fold expansion plan

The newly listed catering group said it will aggressively roll out new dining concepts, open more outlets and hunt for tasty acquisitions.

New subletting restrictions levied on Singapore PRs

HDB has revised the subletting rules shortening it to a 1-year period and only if permanent residents have not done so before.

Singapore seeks upgrade on lax patent approval laws

Parliament is being urged to pass amendments that would move Singapore to a self-assessment to a positive grant patent system.

SMRT dividends endangered by disruption-related upgrades

Government has imposed expensive upgrades on SMRT's rail systems which will likely force the firm to fall short of its dividend payout.

URA to launch 1st storey site at Tai Thong Crescent

The 0.82-ha property will be for sale by public tender in two weeks.