Singapore
Global ETF’s assets up by 24%
The industry’s assets amounted to US$1,469 at the end of April 2011.
Asian Liquidity Stress Index stays strong for May
That is with only 12.3% of the Moody's rated portfolio of speculative-grade, non-financial corporate debt issuers deemed as having inadequate liquidity.
78% of Singapore companies plan to deploy cloud services
And a survey reveals that 47% of Singapore executives are investing on training employees to increase expertise in cloud technologies.
Neptune Orient appoints Glenn as APL president
Kenneth Glenn is currently the head of APL's north Asia region. Neptune Orient Lines named Kenneth Glenn as president of its APL unit after incumbent Eng Aik Meng resigned, according to a report from Bloomberg.
Ascendas REIT seals $110m deal with Jurong Town Corporation
The project is a 25k sqm business park site at Fusionopolis which comprises 60% business park space and 40% office space.
OSIM to issue $120m worth of unsecured convertible bonds
The CBs will mature in July 2016 and can be convertible into new ordinary shares at an initial conversion price of S$2.025 per share, reports OCBC.
Poor Expats: Singapore tops Hong Kong as 3rd most expensive country in Asia for foreigners
Goods and services commonly purchased by expats now cost almost 3% more in Singapore than in Hong Kong, and it's all because of strong currency, says ECA.
Tickled pink: LiveJournal appoints Tickled Media Singapore as media partner
As part of the agreement, Tickled Media will create local country homepages and media sales presence for LiveJournal in South-East Asia.
Condos on sites sold at Government Land Sale 8-35% more expensive
And majority of these sites are for the mass market segment.
Mall at Marina Bay Sands may be sold as early as 2013
The potential sale could be worth as much as $4 billion.
Singapore IPO of Perennial China Retail Trust 1.6 times subscribed
Firm controlled by former CapitaLand retail chief Pua Seck Guan manages the trust.
Charge it: Spending of MasterCard users in Singapore up 66%
Almost $50 million was spent by Singapore-based MasterCard cardholders during the first weekend of the Great Singapore Sale. This is a 66% increase compared to the same period last year (28-30 May 2010).
President of NOL’s shipping business resigns
APL President Eng Aik Meng is said to be leaving to take a new position outside the transportation industry.
CapitaLand completes takeover of SNC Costes K
The move allows CapitaLand to develop Ascott Arc de Triomphe Paris.
SGX offers trading of Singapore government bonds
A total of 19 SGS bond issues with maturities of two years or more totalling S$74 billion will be available for trading from July 8.
PricewaterhouseCoopers ties up with Visual Risk
Will help ‘at -risk’ modelling and ‘stress testing’, says the auditing firm.
Demand for new BTO flats to rise by 2,300 as income ceiling raised to $10k
This could lead to a 6-8% decline in annual HDB resale volume.
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