Singapore

Fears spread as analyst warns of gloomy economy in Asia Pac by 2012

The increasing downside risks to growth sure got Morgan Stanley worried - but by how much are they cutting their GDP growth estimate?

Fears spread as analyst warns of gloomy economy in Asia Pac by 2012

The increasing downside risks to growth sure got Morgan Stanley worried - but by how much are they cutting their GDP growth estimate?

Lend Lease appoints Peter Wilding as Managing Director in Asia

Mr Wilding will be based in Lend Lease’s regional headquarters in Singapore.

Great Eastern Holdings acquires shares in New China Life Insurance

The investment is worth approximately US$380 million.

Marco Polo Marine’s revenue jumps 38% to S$20.3m in 4Q11

The group also recorded a higher effective tax rate of 28.4% due to higher contributions from Indonesia and Australia.

What to expect from Singapore’s property market in 2012

Bad news as the residential market will be slowing to half its pace seen in 2011.

Rise in building vacancy signals risky year ahead for the non-residential property

With the expected economic slowdown, it seems that persistent falls in building vacancy is a certainty than a possibility, warned an expert.

Locals not welcome at the casinos?

The government revised the casino control advertising regulations to ensure casinos do not target at the local domestic market.

Business receipts of services sector climb 2.9% in 3Q11

And education services grew the most at 26.2%.

Manufacturing output up 24.4% in October 2011

It would have declined if not for the over 100% growth of this one cluster.

Tender exercise for Olina Lodge relaunched

Perhaps this time ka-ching will ring for the S$220 million site.

CFM Holdings appoints Peter Lai Hock Meng as Director

The company believes Mr Lai will be able to perform his duties effectively as an Independent Director despite his multiple directorships in other companies.

Ascott Residential Trust to buy 60% interest in Citadines Shinjuku

The company invests in the property which is conveniently located near Marunouchi and Toei Shinjuku subway lines, and entertainment, retail and food & beverage outlets.

Chestnut Avenue residential site gets $180m top bid

S P Setia International (S) Pte Ltd was the highest bidder among 12 developers.

CapitaLand puts up another subsidiary in China

CapitaLand Xinye (Hangzhou) Real Estate Development has a registered capital of $180 million.

SGX appoints Ms Ding Hui Yun as Company Secretary

She is replacing Ms Joyce Fong Foong Chao with effect from 1 December 2011.

MF Global Singapore’s winding down progresses

Yes, liquidators are happy as they have now taken control of over $180 million of customer money.

Flats galore: Another 4,200 units launched

Total number of BTO flats offered this year now reached 25,200 units.