Singapore

Former Singapore Central Narcotics Bureau director faces charges over alleged sexual favors

Ng Boon Gay is being accused of corruption for obtaining sexual gratification from someone seeking contracts from the bureau, says a Bloomberg report.

Former Singapore Central Narcotics Bureau director faces charges over alleged sexual favors

Ng Boon Gay is being accused of corruption for obtaining sexual gratification from someone seeking contracts from the bureau, says a Bloomberg report.

2 hotel sites at Kallang Riverside no longer on the reserve list

Government introduces more changes in the GLS Programme for the First Half of 2012.

Orchard Parade Holdings eyeing the healthcare property industry

OPHL's proposed move will leverage on the increasing demand for healthcare in a growing and aging Singapore population.

Government confirms additional property supply in 2H

A total of 7,100 private residential units, 308,000 sqm GFA of commercial space and 3,700 hotel rooms coming our way in 2H.

More than 40% of private homes in the market remain unsold

A huge number that might indicate slowdown in the demand but the government remains optimistic, placing 13 more sites for private homes in 2H.

Olam's share buyback programme a curious situation: Maybank KimEng

Olam must be borrowing money to buy-back shares and there's doubt if the program would be even completed.

Gourmet Japan brings a Japanese epicurean festival to Singapore

A special sake-and-food pairing will be prepared by Singapore's only certified sake sommelier, Nobuhiko Sano, at this gourmet festival celebrating Japanese culinary delights.

Kreuz Holdings Limited wins contracts worth US$142m

Part of it is from the Swiber Group for subsea installation works.

Singapore dollar remains above $1.28 against the greenback

RBS says risk-oriented currencies staged a comeback after the previous sell-off.

Enjoy early bird discounts for Raffles Hotel Mooncakes

Mooncake lovers can now purchase the famous Raffles Hotel Mooncakes online.

STI set for firmer open but negative US index futures could cap gains

The index ended 0.3% higher on Tuesday after rebounding from a lower 0.9% opening.

Olam forms joint venture with Lansing in Canada

Lansing Olam Canada will focus on merchandising Canadian grains and oilseeds to meet demand in North America as well as international markets.

Buangkok Dr condo site receives cheaper bids than Sengkang

Interest was lukewarm with only five bids topped by City Development at $301m.

Asia Pacific overtakes Europe in duty free and travel retail sales

It is the first time ever for the booming region to claim top spot with sales of US$16 billion in 2011.

Reduced IGLS tenures could scare off industrialists: Colliers

Industrialists are afraid the now shorter-leased sites will have diminished long-term values and require a tougher loans process.

Five bidders vie for Buangkok Drive / Sengkang Central tender

Highest bid for residential site came in at $301 million from White Haven Properties Pte. Ltd.

Industrial land rents will slide up to 3% in 2012

Firms are now more cautious in expanding and will drive down rents, says Colliers.