Singapore
Shell declares force majeure
Force majeure has been declared on customers after the blaze at Bukom which shut down Shell’s 500,000 barrels-a-day refinery.
Shell declares force majeure
Force majeure has been declared on customers after the blaze at Bukom which shut down Shell’s 500,000 barrels-a-day refinery.
Sharply lower loan growth awaits, warns analyst
Bank lending may have been up 3% in August but slower economic growth is expected to lead to higher non-performing loans.
Average price of luxury private homes drops 2% in 3Q11
Prices slipped from S$2,286 psf in 2Q11 to S$2,243 psf, in response to a slowdown in luxury home sales.
Singapore PMI may have slipped to 48.7 in September
Despite poor PMI data, Singapore’s manufacturing performance has been improving in recent months, led by the volatile bio-tech and pharmaceutical sectors.
SGX named as suitor in London Metal Exchange deal
SGX is reportedly teaming up with London Stock Exchange for the deal potentially worth 1 billion pounds.
King of the road: OKP Holdings set to ride on Singapore’s building boom
As its record gross order book of S$433.3m shows earnings likely leaping over 25% in FY11.
Bank lending up 3% in August
MAS data showed bank lending grew from S$381.8b in July to S$393.2b last month.
M1 launches mobile plans for the deaf
The MessageSurf and BlackBerry MessageSurf plans are exclusively offered to clients and members of The Singapore Association for The Deaf.
EZ-Link appoints Nicholas Lee as chief executive officer
His new role will take effect from 1 October 2011.
Temasek’s Manish Kejriwal resigns
The head of Temasek India left to create a new fund.
Reduce reliance on low-skilled foreign labour: Mr Lim Hng Kiang
The Minister for Trade and Industry cited this as among the things Singapore needs to do for more sustainable and inclusive growth.
CapitaMalls Asia’s secondary listing in Hong Kong to begin trade in October
A filing to HKEx said no new shares will be issued as a result of the listing.
No toxic gases so far on the mainland from Shell refinery fire
The blaze had been extinguished but those with respiratory problems are advised to avoid the western part of Singapore near Bukom.
Nam Cheong inks 3 US$51.5mn deals
Contract wins of S$274mn surpass last year’s figure.
Kreuz bags total contracts worth over US$100mn
48% of the company’s 2011 contract wins are from third-party customers.
Keppel Shipyard seals S$142mn conversion projects
3 new conversion projects to further boost and extend the company’s capabilities while ensuring safe and quality deliveries.
Transcu appoints Lance Robert Frey as Chief Financial Officer
Frey previously worked as Managing Director of Two Shores Pte Ltd.
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