Singapore
CapitaLand acquires 14.7% additional interest in Raffles City Shenzhen
The acquisition was worth RMB531.7 million or approximately S$99.3 million.
CapitaLand acquires 14.7% additional interest in Raffles City Shenzhen
The acquisition was worth RMB531.7 million or approximately S$99.3 million.
Upper Serangoon Road / Pheng Geck Avenue (Parcel A) site gets 15 bids
Clerodendrum Land was the highest bidder with $185m.
Analyst warns Asia on threats from a 9% risk to earnings in 2012
That is if earnings from a 1% lower G10 GDP growth where the base case is 2.4% becomes reality.
Presidential Election Update: Four candidates certified to run
The Committee received six applications and issued certificates based on integrity, good character and reputation.
Say goodbye to Tiger Aussie in 18 months or less
There’s no future for the grounded airline in Australia even if it resumes operation today (Aug 12), says Royal Bank of Scotland Asia Securities (RBS).
APB nine month PBIT up 23% to S$478.5mn
Yet rising inflation in the group’s main markets and the strengthening of the Singapore Dollar against regional currencies seen to adversely affect its financial position.
Charge it: MasterCard users’ spending up 48% to a record US$1.32b
Both locals and tourists spent a total of US$73.5m on dining out during the Great Singapore Sale.
Technology mergers and acquisitions worldwide jump 92% to US$52.1b in 2Q11
The average value for deals with disclosed-values rose to an eleven-year high of $194m.
Take all necessary precautions: MFA
So far there are no reported incidents affecting Singaporeans amidst the riots in London.
Fogged up: Downside risks obscure trade outlook
The total trade 2011 forecast has been narrowed from 8-10% to 9-10%, but risks like sovereign debt in the US continue to be a concern.
Analyst expects Aussie Tiger Airways to exit Avalon base
All staff are being offered redeployment to its Melbourne Tullamarine base.
Shutting down: Waning electronics demand hurts exports
Domestic exports of electronics dropped by 14% in the second quarter.
Oiling the wheels of trade: High oil prices boost oil trade by 29%
Oil prices will likely hover around the $100-110 per barrel range.
Total trade jumps to S$245b
Thanks to increases in both oil and non-oil trade in the second quarter.
Park Residences at Kovan more than 60% sold in less than a month
Only 14 out of 41 units are left since it was launched mid July even if a smallest one-bedder of just 323 sft in size now sells at $1,600 psf or up from preview price of $1,450.
SMX to host iron ore futures contract on a global platform
Metal Bulletin Iron Ore (MBIO) Index based futures contract will position Singapore as global trading hub for iron ore.
Tiger Airways July passenger volume up 12% to 6.1mn
The airline's Singapore unit continues to see healthy demand and added 6 aircraft to its fleet.