Singapore

Asian banks on firing spree?

With growing job losses in major cities, warning bells of more cuts ring.

Asian banks on firing spree?

With growing job losses in major cities, warning bells of more cuts ring.

Singapore’s $3.4b ECM volume ranks second in SE Asia

Guess which South East Asian country topped the ECM ranking?

Singapore may escape technical recession but downside risks remain

Stagflation haunts Singapore economy and the Monetary Authority of Singapore (MAS) may have to unwind policy stance, says an economist.

Keppel T&T expands with first port project in China

The company has signed a joint venture agreement with Sinotrans to operate a river port along Yangtze River, which is a major trade route in China.

Industrial production may have jumped to 14.2% in August

Electronic production should remain in the doldrums given the weakening demand for the US semiconductor industry.

SGD among the most sensitive to risk dynamics, says analyst

USD-SGD saw what an analyst described as “something of a breakdown” during the middle of 2011.

No comment: SGX

Singapore Exchange declined to comment amidst reports and speculation it is interested in London Metal Exchange.

GIC was confident in UBS CEO, says bank chairman

But it wasn’t enough for Oswald Gruebel to stay, who resigned while UBS’ board of directors met in Singapore.

Singapore and Japan forge stronger bilateral ties to boost creative industries

Meeting of ministers from the two countries reaffirmed cooperation in the creative industries as an important new pillar of ties between the two countries.

Fraser Centrepoint Trust completes acquisition of Bedok Point

The company used the S$64.3mn proceeds of Private Placement to fund the purchase.

Food Empire appoints Fong Choon Seng as Chief Financial Officer

The company’s ex-CFO Lawrence Yeo agreed to extend his post until 7 October.

Marco Polo Marine appoints Ho Kian Teck as Financial Controller

Ho’s 15 years of accounting experience became the basis of the group’s board for giving him the position.

Keppel DHCS concludes topping out operation in Tianjin Eco-City

The group expects plant to start supply of chilled water and hot water service by 2012.

Tiger Airways purchase of 33% stake in Mandala Airlines nears completion

The process is expected to be completed in around 90 days.

Testing times: Inflation surged to 5.7% in August 2011

Blame it on higher costs of transport and housing which went up by 12.5% and 9.9%, respectively.

OCBC’s earnings to slump 6-8%, warns analyst

CIMB cuts its FY11-13 earnings estimate for OCBC by 6-8% mainly from insurance and trading-related income.

High-tech sector to boost manufacturing IT spending in 2011

Singapore’s spending is forecast to grown from US$ 885 to US$ 1053m by 2015.