Singapore

Bank Sarasin appoints new Credit Management Head

Janice Lee previously worked with Clariden Leu as chief credit officer.

Bank Sarasin appoints new Credit Management Head

Janice Lee previously worked with Clariden Leu as chief credit officer.

Hotel owners happy in Singapore?

They must be with revenue per available room up more than 19% in January and February.

Manhattan Resources' Executive Director resigns

Lee Kok Choy found the position difficult to perform in the long run.

Sun East Group's Director resigns

Zhou Jiamin was also Chairman of Remuneration Committee, Member of Audit Committee and Member of Nominating Committee.

Ascendas REIT's net profit interest up by 13.2%

Their distributable income also grew 27.2% to S$71.9m.

Singapore Exchange's net profit rose by 16%

The S$77.8m reported income lagged just a little behind the consensus estimate of S$78m.

Caged growth for Tiger Airways?

Trouble from down under caused a 20% drop in Tiger Airways' passenger numbers.

ST Engineering bags S$880m contract

The commission to build four patrol vessels for the Royal Navy of Oman is STE's largest contract in years.

Chart of the Day: Property investment sales fall

The drop was led by the 55.3% decline in private sector sales in the first quarter of 2012.

Keppel Telecommunications and Transportation profit up 4%

Revenue increased to $33.6 million, 11% higher than the corresponding period in 2011.

Currency Briefing - what you need to know for Wed April 18, 2012

Improved trader sentiment pushed the Singapore dollar to $1.2477 against the US dollar.

Singapore Markets Morning Briefing - what you need to know for Wed April 18, 2012

Nikkei started strong following positive news from both Europe and the United States.

K-REIT portfolio occupancy climbs but rentals stay flat

Occupancy rose to 96.1% from 94.1% but signing rents showed no increase at S$11-13 psf.

M1 suffers fresh subscriber bleeding

Its share in the all-important postpaid mobile market is down to 25.9% in another quarter of subscriber loss.

NODX growth nosedives to 4.3% in March

The non-electronic NODX contracted by 7.8% yoy while electronic NODX slowed to 2.8% growth.

Singapore Employment Act set for massive review

The legislation could be amended to raise wages and ensure good jobs and better financial security for Singaporeans.

Dapai International Holdings names Chua Meng Hing as Director

He is a Director of Finance of Xylem Group since February 2003.