Singapore

OUE’s net profit plunges 57% to S$337.4m in 2011

As investment properties held by the group’s associate, OUB Centre Limited, did poorly last year.

OUE’s net profit plunges 57% to S$337.4m in 2011

As investment properties held by the group’s associate, OUB Centre Limited, did poorly last year.

CapitaMalls Asia's latest spending spree revealed

CMA will be investing a total of S$217.4m for its latest acquisitions.

Chart of the Day: Singapore’s business tax one of the lowest in the world

Corporate income tax rate shall stay at 17% as the 2012 Budget did not propose any reduction but find out the implications.

Currency Briefing - what you need to know for Tues Feb 21, 2012

The Singapore dollar along with other Asian currencies were stronger against the US dollar.

Singapore Markets Morning Briefing - what you need to know for Tues Feb 21, 2012

Nikkei is having a flat start while the STI is expected to keep up its momentum.

Singapore Land rentals and sales to remain in a tailspin

Both major revenue streams are facing difficulties in 2012 that will be hard to surmount.

Singapore talent shortage stumping SME growth

Roughly 70% of CEOs had to cancel strategic plans due to talent shortage and no respite is in sight, says PWC.

Singapore firms most keen to invest in China

There was a 50% increase in interest for executing projects in the booming Asian nation since 2009.

Singapore overseas investments jumped 9.7% in 2011

Investment outflows for international expansion and trade defied the downturn fears to grow in almost double-digits.

See Hup Seng's director resigns

Tan Ong Huat aims concentrating on his other business interests.

Teckwah Industrial names Calvin Ong Shan Qian as Business Development Manager

Mr. Ong will formulate new solutions for existing customers and developing competitive solutions and strategy for company growth.

Cosco Corp names Liu Lian An as Executive Director

Mr. Liu will be assigned to ensure the integrity and effectiveness of Cosco's governance process.

Wheelock Properties’ revenue plummets 56% to $56m in 4Q11

As Scotts Square generated lower than expected revenue last year.

OCBC’s net profit up 3% to a whopping S$2.3b in 2011

As the group’s customer-related businesses showed robust growth in the past year.

Raffles Medical Group’s net profit jumps 11% to S$50.6m in 2011

Revenue of its Hospital Services grew the most, by 15% last year.

Parc Rosewood more than 74% sold in three weeks

Over 510 out of its 689 units are already snapped up since it help review on January 28.

Fraser Commercial Trust acquires Aussie Grade 'A' office building

 FCOT will acquire the remaining 50% interest in Caroline Chisholm Centre (CTL)for AUD83.0m or S$106m.