Singapore

SingTel responds to OpenNet media release

SingTel and OpenNet are currently involved in disputes over the contractual arrangements for the NextGen NBN.

SingTel responds to OpenNet media release

SingTel and OpenNet are currently involved in disputes over the contractual arrangements for the NextGen NBN.

Singapore's nationwide fibre network 90% complete

OpenNet commits to 100% completion by mid-2012. To date, there are 133,000 active subscribers.

SingTel's market leadership expands to nearly 46%

Their mobile customer base increased 8.3% to 3.58 million as of 31 March 2012.

OUE profit down 92% to S$21.7m

To blame is the absence of fair value gains in the first quarter of 2012.

Orchard Hotel unveils "Noodles" restaurant

An official opening promo is available from now till 30 June 2012, where one dines free for every three paying adults.

COSCO profit down 25% to $27.8m

No thanks to lower profit contributions from dry bulk shipping and shipyard operations.

Sembcorp Marine unit to build US$208M drilling rig for Perisai

It also has an option to construct an additional unit of a similar specification jackup rig  worth US210m for delivery in 2Q15.

Currency Briefing - what you need to know for Wed May 9, 2012

The local currency is trading below the $1.25 threshold against the US dollar.

Singapore Markets Morning Briefing - what you need to know for Wed May 9, 2012

Weaker open is expected for the STI amidst fears of a eurozone meltdown.

SIA Engineering growth hinged on joint ventures success

A big chunk of its profits now come from this lucrative segment and the outlook is only getting rosier by the minute.

SIA Engineering to defy global demand drought

Earnings growth will average at a relatively healthy 6% for the next three years, predicts CIMB.

Turbulent skies ahead for Singapore Airlines?

Near-term earnings will be shaky due to plummeting yields and anemic demand for European long-haul flights.

Have shipping rates peaked already?

Asia-Europe prices will likely remain steady for the summer as carriers meet increasing resistance to rate hikes.

Asia Enterprises Holdings appoints Lee Bon Leong as Director

Mr Lee is currently a practising lawyer in Lee Bon Leong & Co.

Telechoice International names Ronald Seah Lim Siang as Director

But Mr Seah is subject to retirement and re-election at the next Annual General Meeting.

Thai Beverage Public appoints Vichate Tantiwanich as Senior Vice President

He held senior executive positions for The Stock Exchange of Thailand.