Singapore
First Ship Lease Trust acquires second tanker for US $46m
FSL Trust will be leasing the tankers back to TORM for a 7-year base period on a bareboat charter basis, says DBS.
First Ship Lease Trust acquires second tanker for US $46m
FSL Trust will be leasing the tankers back to TORM for a 7-year base period on a bareboat charter basis, says DBS.
Temasek CEO’s departure possible by August
Under Ho’s leadership, Temasek’s assets climbed 43% to $186 bn in 2010, according to a report from the Financial Times.
Khaw Boon Wan warns of decline in property prices
“Sharp property price increases cannot go on forever,” said the Minister for National Development.
53% of Singapore companies anticipate overseas expansion
39% derive more than half of their sales from overseas markets.
Changi Airport Group awards handling license to Aircraft Service International Group
With the ten-year licence, ASIG will provide a full suite of passenger handling, apron handling and cargo handling services at Changi Airport.
MAS appoints Lawrence Wong Shyun Tsai to its Board of Directors
Mr Wong’s term of appointment will be from 10 June 2011 to 31 May 2013.
Yangzijiang signs US$700m shipbuilding contract with Seaspan
The massive deal is for the construction of seven 10,000TEU container ships for Seaspan Corporation.
Keppel seals $175m deal with Seadrill
This latest order for a semisubmersible drilling tender brings Keppel's order book t a whopping $9.9billion.
Government to provide sites for 14,200 private residential units in 2H 2011
Most of the private residential sites, including 4 EC sites, are located in the Outside Central Region or in locations in the Rest of Central Region where more affordable private housing is expected to be built.
Keppel Offshore & Marine names Chow Yew Yuen Managing Director
Chow played a key role in establishing Keppel O&M as a credible competitor in the Americas, and has helped set the foundation for its current standing as the preferred solutions provider.
SGX lists Perennial China Retail Trust
PCRT seen to initiate the building of a more vibrant marketplace for more Manager-sponsored trusts in Singapore.
Tiger Airways passenger volume up 23% in May
6.2 million passengers chose to fly with Tiger Airways in Asia and Australia from June 2010 to May 2011, while load factor averaged 86%.
SilkAir and Singapore Airlines to offer combined flights to Kolkata
SilkAir offers leisure and business travellers four-times-a-week services to Kolkata, a vibrant city rich in culture and history and known as the commercial capital of east India.
Keppel Land China buys S$241mn Shanghai prime residential site
The site located in a mature middle to upmarket satellite town is accessible to quality educational facilities and other amenities.
Inflation to rise along with Singapore's GDP growth
Singapore's inflation is expected to rise this year as economists upgraded their forecasts of gross domestic product growth to 6.2 per cent expansion this year.
Tiger Airways flies its 20 millionth passenger
Ms Lock Sau Lai, a regular Tiger passenger, was returning to Singapore from Phuket with her family on 8 June on flight TR2153, when she was met with huge roars by the Tiger team.
Millennium & Copthorne International appoints Lim Boon Kwee as Senior Vice-President Asia
Prior to joining Millennium & Copthorne International Limited, he was with the New World Hospitality Group in Shanghai, China.
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