Singapore

Marco Polo Marine inks US$27mn ship-building deal

The shipbuilder to build 2 Units of 5,400bhp AHTS to PT Pelayaran National Bina Buana Raya.

Marco Polo Marine inks US$27mn ship-building deal

The shipbuilder to build 2 Units of 5,400bhp AHTS to PT Pelayaran National Bina Buana Raya.

Otto Marine’s Chief Operating Officer and Senior Executive VP resigns

Lum Kim Wah quits his tasks in the company, including management of new construction projects and yard development, which he held for two years.

Noble Group spin‐off may not pull through

Kim Eng says the spin-off might not even happen given the uncertain market environment.

CA Technologies appoints Victor Cheng as vice president for South Asia

Victor reports directly to Lionel Lim, president of CA Technologies Asia Pacific.

HDB upgraders buoy private residential market to record heights

Private residential transactions jumped 26% to 2,064 units, the highest recorded this year.

Tiger’s losses amount to a depressing $21m in 1Q12

It seems like FY12 won’t be a good year for Tiger, as the low-cost carrier’s passenger traffic has plunged 27%.

Electronics manufacturer Aztech Group issues profit warning on 3Q11 results

The company is expected to report a loss for 3Q11 due to additional expenses from its Marine Logistics segment.

Yangzijiang on track for record profits in 2011

The company announced that it is “confident to deliver not less than 30% growth in net profit” in the next 9 months.

Faber Garden up for collective sale by tender

The residential site has an area of approximately 544,738 sq ft and is located along Upper Thomson Road.

Singapore’s non-oil domestic exports drop 4.5% in September

As electronic exports contracted for the second consecutive month by 14%.

What you need to know about the new members of AXA Life’s Executive Committee

AXA announced two key management appointments to drive growth at its Life operations in Singapore.

Take your pick: Government to offer 1,900 homes in October

Good news for home buyers as four new residential sites will be up for sale this month.

Tougher rules ahead for moneylenders in Singapore

New measures will take effect from November 1 to protect the interests of borrowers.

SMEs worried over the next 6 months

Singapore businesses are less confident in the months ahead as profit expectations have plummeted by 15.9%.                                                                                                                                                              

Retail sales plunge 7.2% in August

Motor vehicle sales declined the most at 17.4%.

Singapore's trade confidence falls: HSBC

Singapore trading firms have suffered the worst drop in the region amid the worsening global economy, based on a survey.

Biomedical manufacturing helps push GDP up by 1.3% in Q3

The Singapore economy grew by 5.9 per cent on a year-on-year basis in the third quarter of 2011 mainly due to a pick-up in growth in the biomedical manufacturing cluster.