Singapore

Partnership Marketing appoints Hayley Buckerfield as head of partnerships

Buckerfield comes from working for the Media Development Agency of Singapore.

Partnership Marketing appoints Hayley Buckerfield as head of partnerships

Buckerfield comes from working for the Media Development Agency of Singapore.

Fraser and Neave subsidiary sells entire 29.5% stake in China Dairy Group

The shareholding interest will be acquired by Oasis Ventures Limited for approximately S$38m.

SMRT profit derailed by high energy costs

Profit for the second quarter of 2011 was down to S$34.1m.

Not so great: Great Eastern profit down to S$40.4m

It’s a plunge from last year’s third quarter profit of S$168.6m.

NOL sinks deeper with US$91.1m loss in 3Q11

The shipping firm’s net losses widened from US$57m in 2Q on the back of a shortened peak season.

Services sector braces for looming threat of bad business

All firms see a negative outlook till March 2012, except for these three sectors.

OCBC reprimanded for its failed online and branch banking systems

OCBC’s busted as MAS found out that the bank did not implement sufficient measures to address single point of failure in its system and network infrastructure.

Maybe third time’s a charm?

Wilmar’s Sucrogen is left with bitter taste in their mouths as the sugar company fails for the second time to get support for the Proserpine acquisition.

You’re fired!: Services laid off more than a thousand workers in the third quarter

Manufacturing displaced 700 while 100 lost their jobs in the construction sector.

Sembcorp Marine ends October with fresh US$300m contract

The FSO contract in Indonesia lifts SMM’s YTD order win to S$3.25b.

Testing times: Economic growth forecast to fall below 3-5% in 2012

MAS expects stalled growth over the next few quarters.

SingPost second quarter profit down 22.5% to S$30.6mn

The group recorded higher revenues but lower profits from higher operating costs and investments in growth.

Cacola Furniture names Zhou Zhuo Lin as Executive Director and Chief Executive Officer

He assumed the post of the company’s former chief after being an adviser.

A*STAR scientists pioneer identification of stem cell key to lung regeneration

Scientists and clinicians made research breakthrough that paves the way for novel therapies for respiratory diseases.

MAS lifts operational risk multiplier imposed on DBS

DBS was censured by MAS last 5 July 2010 after the service outage of its online and branch banking.

Tax talks: Singapore’s 20% tax rate remains among the lowest

The rates have been static for the last 5 years - but for how much longer will this be the case?