Singapore

Hu An Cable appoints Yu Li Bin as General Manager

He will tasked for the management and operations of Wuxi Shenhuan Electric Co., Ltd.

Hu An Cable appoints Yu Li Bin as General Manager

He will tasked for the management and operations of Wuxi Shenhuan Electric Co., Ltd.

China Taisan Tech appoints Ngan See Juan as Director

Mr Ngan will also be a member of the Audit Committee and a member of the Nominating Committee.

UOB prices US$500 million 2.25% fixed rate senior notes

UOB announced that it intends to issue US$500 million 2.25% fixed rate senior notes due 2017.

Lereno Bio-Chem appoints Ong Ai Koon as Chief Financial Officer

Ms Ong has been appointed from being Vice President of the Human Resource & Administration department of the company.

Superbowl Holdings names Teo Ho Kang, Roland as Managing Director

Mr Teo has been tasked to the product development, business expansion and staff development of the group.

Superbowl Holdings names Teo Ho Beng as CEO

Mr. Teo is also CEO of Hiap Hoe Limited from 2003 and Group Managing Director of SuperBowl Holdings from 1994.

Sing Investments & Finance appoints Ng Tat Pun as Director

Mr Ng's experience in the banking and finance industry seen to boost composition of the Board.

China Oilfield appoints Xu Zhehui as Chief Financial Officer

She has been the CFO of the PRC subsidiaries of the Company since July 2006.

Banks’ asset quality is as good as it gets: CIMB

And this is the key negative for Singapore’s banking sector.

Currency Briefing - what you need to know for Thurs March 1, 2012

Singapore dollar showed resilience and avoided a steeper decline.

Singapore Markets Morning Briefing - what you need to know for Thurs March 1, 2012

There was retreat on Wall Street amidst the STI's mini-recovery.

DBS' smashing US$ deposits revealed

US$ deposits grew by S$6.3bn and the US$ funding gap shrunk to S$21bn.

Cosco’s new orders to yield low to mid-single digit gross margins

Excluding the four options, the new contract will lift Cosco’s YTD new orders to US$305m.

UOB's soaring credit costs drag its growth

But the bank's strong net interest income was spurred by an upturn in margins.

Singapore's real estate market to lure more Chinese investors

Foreigners in Singapore enjoy 60-80% mortgage compared to Mainland's 5-7% mortgage rates, so it should not be a surprise.

Standard Chartered Bank posts record income of US$2b in FY11

Thanks to its consumer and wholesale banking business which accounted for 42% and 58% of the income, consecutively.

Which sectors saw the steepest DC rate drops?

Development charges for sectors 100, 103 and 104 has been reduced 14.3% due to flagging bid prices.