Singapore

Temasek buys China Construction Bank shares

The purchase involved 4.4 billion shares and as much as $2.8 billion.

Bank of America-Merrill Lynch investment banker hired by Temasek

Tan Chong Lee was appointed amidst a reshuffling of Temasek’s top dealmaking team.

Hoi Hup’s Arc @ Tampines oversubscribed

The 574-unit executive condo has about 3 applications to 1 unit, estimates ECG Property.

Singapore is top destination for Aussie companies

And 58% of Aussie businesses are interested in expanding across the South-East Asian region.

70% of Meyerise’s 120 units grabbed at launching

Of the units sold, nearly half consisted of 3-bedroom units.

Singapore office rents to rise 8% in 2011

DBS says office demand will remain positive, though slower than previously projected.

29% of Singaporean companies provided no training to staff

The 71% that did reported improved work productivity, product/services quality and customer satisfaction.

Keppel Land’s The Luxurie at Seng Kang already 80% sold

While penthouse and ground floor units have been fully sold since its preview last Friday.

Rotary Engineering's order book trending downwards since 2010

At S$737m as of 1H11, OCBC believes the current order book mitigates only part of the downside risk of demand falling off.

Asian Liquidity Stress Index drops to record low of 9.7% in August

The index has been between 11% and 13% since the start of the year, and was at 11.4% in July.

EpiCentre’s H2 2011 sales dragged by iPad2’s late launch

It was only out on 27Apr11 hence only two months sales contribution.

Starhill to appeal against Court decision on Toshin master lease

Starhill’s master lease with Toshin covers level 1-4 of Ngee Ann City at below-market rentals of $12-13 psf.

Short circuit: Electronics production falls every month since April

The electronics sector slumped 18.2% year-on-year in July.

Is StarHub phasing out its unlimited data plans too?

M1 is phasing out its unlimited data plans but StarHub is quick to end speculation that it will follow suit, at least not soon.

The President is taking office at a critical point: Prime Minister

Fortunately, according to Mr Lee Hsien Loong, Singapore is in a good position amidst the deeply troubled global economy.