Singapore
Fund manager sued by MAS fails to overturn ruling
Tan Chong Koay and Pheim Asset Management Sdn have no other choice but pay $207,000 each.
Fund manager sued by MAS fails to overturn ruling
Tan Chong Koay and Pheim Asset Management Sdn have no other choice but pay $207,000 each.
SIA’s new subsidiary airline chooses Boeing 777
The airline’s low cost subsidiary picks the airplane brand behind its versatility and reliability.
Keppel on target to complete FSO for Bumi Armada
The FSO will be deployed in Malaysia for the development of the Sepat field for PETRONAS Carigali.
SGX lists Kitchen Culture to Catalist
The kitchen solutions provider enters the exchange to fund its Singapore expansion and beyond.
Singapore Airlines strengthens collaboration with Tourism Queensland
The partnership further opens avenues for Singaporean tourists to hop in Queensland and the rest of Australia.
HDB's resale price index grows 3.1% in 2Q11
PropNex blames the lower 60% Loan-To-Value ratio for the supply crunch.
Asia Pac security market to grow 30% in 2011
IDC expects the market to total US$1.5billion.
Office space prices up 3.6% in 2Q11
And the vacancy rate of office space increased to 12.5%.
Rentals of factory space increased by 4.5%
But the occupancy rate doesn’t seem to be affected.
47% of residential units remain unsold
As private home price growth decreases to 2% in 2Q11.
Singapore-registered unit trusts fall 1.88% in June
Commodity funds were the least profitable, losing 5.82%.
Keppel Corp’s revenue falls 3.7% to S$2.3b
Its offshore and marine division remained the largest contributor to total net profit with a 68% share.
S&P to provide equity research to SGX Catalist companies
Companies will pay an annual fee of S$16,000 to participate in the program.
Mapletree Logistics Trust’s DPU rose 6.7% YoY to 1.60 S cents
Gross revenue in Q2 2011 also increased by 26.6% yoy to S$65.8m.
Ascott REIT revenues grew by an amazing 65% to $73.1m in Q2 2011
And distribution per unit was 25% higher at 2.33 cents.
Keppel Corp’s profit up 7% to S$696m
This is compared to the S$651m profit for the first half of 2010.
Tiger Airways hearing postponed
The budget carrier and Australia's Civil Aviation Safety Authority both applied for an adjournment.
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