Singapore
Azeus Systems’ Chief Operating Officer quits
Louis Chong Hing Fai to resign his post on 30 November.
Azeus Systems’ Chief Operating Officer quits
Louis Chong Hing Fai to resign his post on 30 November.
KSH inks S$50mn deal with Mount Alvernia Hospital
Construction works on hospital’s car park block, front lobby & side entrance extension boosts order book to S$385mn.
Bored Singaporeans the world's heaviest Facebook users
Time to get a real life as study reveals that Singaporeans spend the longest time on Facebook worldwide, averaging 38 minutes and 46 seconds per session.
Olam set for expansion in the next two years
UOB Kay Hian estimates that the group has sufficient debt capacity for funding of up to S$1.5b acquisitions and new investments.
Prime retail rents rise 0.5% to $40.20 psf in Q311
Demand for first-storey prime space remains strong due to limited supply as the next retail project will only be completed in Q4 2012.
SilkAir launches flights to Koh Samui
This marks the airline’s third destination in Thailand, after Phuket and Chiang Mai.
Going Global: 73% of Singapore professionals seek work overseas
Singapore employers are also following suit, as half of them plan to recruit from abroad amid the skills shortage.
Office rent growth hits record low in 3Q 2011
Grade A office rents crept up a mere 2% to S$9.08 psf/month, the lowest quarterly growth since 2Q 2010.
Workplace fatalities up to 30 in the first half
Occupational diseases also increased from 124 in 2010 to 361 in 2011.
Lizhong Wheel qualifies as supplier to Shanghai General Motors
The company eyes to become a major supplier of aluminum alloy wheels to Shanghai GM within 2 to 3 years.
Health Management appoints Seah Choo Pin as Chief Financial Officer
Seah has 25-year experience in corporate accounting and finance, strategic planning and general management.
Tiger Airways Singapore increases fleet to 20 aircraft
The airline is committed to increasing its total fleet size to 68 aircraft by December 2015.
Should you go for shoebox units?
Shoebox units have become increasingly popular among local property buyers, accounting for 7% of the total transaction volume for condos this past year.
Singapore’s manufacturing output surges 21.7% in August
Biomedical manufacturing expanded the most at 145.8%, buoyed by the strong growth in pharmaceuticals.
Are troubles ahead for Capitacommercial Trust?
CIMB says CCT has been the worst performing S-REIT so far, underperforming the STI by 15%.
Let’s talk business: Singapore M&A activity in its busiest since 2008
Value of transactions increased 33.3% to US$35.2 billion thus far.
Outbound acquisitions volume increased to US$12.4b YTD
But inbound M&A volume was down 35.3% to S$5.1 billion.
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