Singapore

Parkway View along Marine Parade up for collective sale

The tender for the freehold residential redevelopment site will close at 3pm on 27 October 2011.

Parkway View along Marine Parade up for collective sale

The tender for the freehold residential redevelopment site will close at 3pm on 27 October 2011.

Bankers in Asia Pac shrug off anti-money laundering

It’s clearly not a priority as only 27% of financial institutions discuss anti-money laundering at board level.

GIC puts heat on UBS to take firm action on alleged fraudulent trading

As its largest shareholder, GIC is disappointed at UBS’ lapses relating to the $2.3b trading loss and urged UBS to take firm action to restore confidence in the bank.

What you need to know about DBS' key hires

As at end-August 2011, DBS Wealth Management employs nearly 450 staff across the region.

Singapore retail and F&B should focus on long-term growth: Minister Lim Hng Kiang

The industries have been lagging behind in terms of profits as companies tend to focus on quick top-line solutions.

Global Palm's slower expansion hampers future growth

The company’s new plantings of 445 ha in 1H11 only make up 27% of its target, hinting that it may not be able to reach its target at all.

Changi Airport’s passenger movements jump 11.2% to 3.86m in August

And guess which countries posted the strongest regional traffic growth?

Far East Organization’s land bid yesterday points to declining office prices

Their bid, the highest among only three participants, was S$312m for the Robinson Rd/Cecil St land parcel.

M1 says no bitterness over Starhub-Vodafone partnership

M1 is also quick to defend itself over assumptions that the termination of its contract with Vodafone effective December 31,2011 will bring significant losses to the company.

UBS Chief Gruebel faces pressure from Singapore board

Oswald Greubel may be forced to shrink the investment bank after the $2.3b loss from fraudulent trading last week, according to Bloomberg’s report.

Asia Pac carriers’ profits to amount a whopping $2.5b in 2011

However, the region has seen the most dramatic downturn compared to 2010, when it delivered $8b profit.

Supersized: SMEs receive $6.7m for productivity improvement

A total of 80 SMEs productivity improvement projects so far have benefited from the funding.

Office rentals forecast to drop at least 5%

This as 3m sq ft of office supply will come against an estimated 1.5m sq ft of net absorption in FY13.

We take this seriously: MAS on OCBC’s disruption of services

The Monetary Authority of Singapore will determine the appropriate regulatory action upon assessment of the investigation’s outcome.

Fitch affirms Mapletree Industrial Trust’s BBB+ rating

Recent acquisition of flatted factories from JTC Corporation beneficial to the company’s rating.

ST Engineering US unit buys DRB Aviation

Acquisition to grow the Group's cabin interior engineering design capability.

Advanced bags S$16.8mn deals in 4 countries

The group to supply equipments to new oil & gas and petrochemical projects in Singapore, China, Thailand, and Saudi Arabia.