Singapore

Tuas View Square site gets $7mln top bid

SCB Terraform was the highest bidder for the 4,352.5 m² industrial site.

Tuas View Square site gets $7mln top bid

SCB Terraform was the highest bidder for the 4,352.5 m² industrial site.

Profit pressure: Global airlines’ profits slump on rising fuel costs in 2011

Softening demand may also slow yield growth to 5%-8%, down from 11% in 2010.

Companies lose up to US$50,000 on malware attacks

And 77% of organizations revealed the Web to be the biggest malware concern.

Shaky waters still ahead for NOL

Analyst says prospects remain weak for Neptune Orient Lines amidst fierce competition amongst carriers and poorer utilization levels.

Lagarde will lead IMF with a clear sense of purpose: IMFC Chair

Mr Tharman Shanmugaratnam is confident about the appointment and is keen on reforming the international monetary system in the long term.

No more breaks: SGX

All-day securities trading will start 1 August so market hours overlap with other Asian exchanges.

Singapore beefs up quality standards via S$20mn funding programme

3 committees have been established to look into standards for emerging areas to keep abreast with changing trends and industry needs.

IE Singapore unlocks business opportunities for Singapore firms in Guangzhou

IE Singapore partners Singbridge International and Guangdong Development District to explore thematic projects at Knowledge City.

Ascendas unveils mobile app for marketing agents and partners

App for Apple and Android to offer comprehensive access to more than 90 properties across Asia.

DBS Bank taps Singapore-China bilateral currency swap facility

Move targeted to further open up of opportunities by providing RMB financing to Singapore-based companies exporting to China.

Singapore Airlines add 15 Airbus A330s to its fleet

Rolls-Royce Trent 700 powered aircrafts will be operated on routes within Asia and to points in Australia and the Middle East.

Keppel bags S$140mn shipbuilding deals in Brazil

The Group’s shipbuilding unit in Brazil draws wave of new orders ahead of its anticipated opening in first quarter of 2012.

Maybank Singapore launches the first Syariah-compliant savings account

This account caters to the local population of around 450,000 Muslims.

BNP Paribas launches ‘mobileMarkets’ iPhone app

The app allows for access in services like Currency Radar, Trade Ideas, and FX Forecasts.

MasterCard appoints Ann Cairns as International Markets President

Walt Macnee was also appointed as Vice Chairman, effective August 22, 2011.

Singapore Banks may have to make less risky loans to meet new capital requirements

But analysts breathe a sigh of relief that new capital levels not too tight.

Public pressure: Half of Singaporeans demand affordable housing

And 39.7% wish that the Ministry will introduce means testing to determine the amount of subsidy potential home buyers can receive.