Singapore

The Head of State is stepping down as he nears turning 87.

Loan to finance operations following a 2.3% drop in fourth-quarter profit last month on lower contributions from its overseas units and slowing local growth.

Third jackup order boosts Keppel Offshore & Marine’s new orders for the year-to-date to S$7.4b.

Mexican National Council of Science and Technology and National Polytechnic Institute join A*STAR in upgrading scientific and technological research.

Entire fleet grounded for minimum of 5 days as regulator cites safety concerns. Tiger has been hit with a slew of regulator issues and will have to fight it out in court to get back in the air. This is a major blow for the airline which has been competing with Jetstar. The Sydney Morning Herald reported The aviation regulator says it has lost confidence in Tiger Airways' ability to manage its safety after a series of events, culminating in the grounding of the airline's Australian flights. All Tiger Airways Australia's domestic flights were today suspended for a week, until July 9. It's the first time the Civil Aviation Safety Authority (CASA) has grounded an entire airline. The Civil Aviation Authority said it has lost confidence in Tiger, and this is the first time an entire airline has been grounded.

Just for a moment, I’d like everyone to take off their advertising hat and become a consumer, with passions, needs, and preferences. Think about a brand which you feel a particular connection with, one that helps you fill a need in your life, one that has stood out from the competition because it connected with you emotionally. In fact, you feel so strongly about this brand that you rave about it to your friends and family, because you want to share that feeling with them.

MAS has fined Wong Chow Lin $50,000 and given him a 2-year ban.

Colliers says the price growth for 2011 could slow to around 7% to 8%, from 17.6% in 2010.

They are missing the picture by focusing on communication and spin rather than on better corporate governance, argues Fitch MD Andrew Steel.

This as an iProperty.com survey that showed Singaporeans were anxious over the yet to be announced housing policy. 

Symantec says there’s a cyclical pattern of spam between Facebook, Twitter and YouTube.

And this is driven by business loans which expanded 27.5% in May.

Median resale prices have gone up Q-on-Q by 2.6% to 5.3% for 2Q11 across the various flat types, higher than the anticipated 2% to 3%.

Now there are 37 clearing members for the derivatives market and 34 trading partners.

And public cloud services is growing four times faster than overall spending as it is forecast to reach US$177 billion by 2015.

Her menus will debut on SIA flights between Singapore and US cities from 1 August 2011.