Singapore

Singapore Markets Morning Briefing - what you need to know for Tues Jan 31, 2012

The bourse is not likely to get much boost from Wall Street and the Nikkei.

Singapore Markets Morning Briefing - what you need to know for Tues Jan 31, 2012

The bourse is not likely to get much boost from Wall Street and the Nikkei.

Should Singapore outsourcers abandon their lowest wage mentality?

The Ministry of Manpower seems to believe that chasing the cheapest option is not always the best.

Finance professionals bearish on job bonuses

53% of respondents expect smaller or no extra compensation for their work in 2011.

CRCT income not fully optimized: DBS

Which of its two retail properties have room for improvement via additional works and tenant re-mixing?

SGX begins offering virtual environments to listed companies

New corporate service offered through new partnership with InterCall Asia Pacific.

NOL’s shipping volumes up 7% in FY11

As higher volumes were carried on the Intra-Asia trade lane.

Olam and RUSMOLCO to develop large scale dairy farms in Russia

A whopping US$400 million will be invested in the project in the next four to five years.

Singapore throws $750 million at flood and drainage problem

It will be spent in the next five years on canal capacity expansions and better flash flood safeguards.

Starhill Global REIT’s revenue surges 9% to S$180m in FY11

As its Singapore portfolio contributed more than half of its total revenue in 4Q11.

SingPost’s net profit drops 5% to S$42m in 3Q11

The country’s postal industry struggles for survival despite dipping mail volumes.

Tiger Airways’ revenue down 1.2% to $168m

Even though Tiger Airways Singapore recorded a 50% leap in revenue, it was offset by the losses incurred by Tiger Airways Australia.

Superbowl Holdings appoints Teo Poh Sim, Agnes as Admin and Operations Manager

She previously worked as Admin Manager of SuperBowl Development Pte Ltd.

Progen Holdings names new Finance and Business Development Director

Dato Paduka Dr Mohd Amin Liew Abdullah has wealth of experience in finance, business research and development.

Sun East appoints Ye Jianming as Executive Chairman

The post gave Mr. Ye the responsibility to supervise the strategic directions and growth of the group and its subsidiaries.

InMobi appoints Phalgun Raju as Regional General Manager

Ms Phalgun will mobile advertising network Southeast Asia, Hong Kong and Taiwan.

Courts Singapore appoints Phuong Dang-Vu Leleu as marketing director

Ms. Phoung undertakes strategic role in brand-building across the region.

How will the EU bank deleveraging affect Asian credit?

It would probably dry up a source of wholesale FX funding for banks and impede their ability to offer FX loans to clients, and Singapore is not an exception.