Singapore

Buangkok Drive / Sengkang East Drive site gets highest bid of $247mln

Qingdao Construction (Singapore) Pte Ltd was the top bidder for the condominium housing development.

Buangkok Drive / Sengkang East Drive site gets highest bid of $247mln

Qingdao Construction (Singapore) Pte Ltd was the top bidder for the condominium housing development.

SingPost launches online luxury store

Clout Shoppe is positioned to serve the fast-growing market of internet-savvy consumers.

EASB Nursing students receive Deloitte Award

The three awardess will receive $1,000 each, which was contributed by Deloitte Southeast Asia.

Tourism Receipts pegged at S$5bln for the first quarter

Of all the components, Sightseeing & Entertainment (including Gaming) posted the highest growth of 321%.

TEE International buys 80% interest in Trisilco Folec and Keppel Communications Thailand

The deal enables the TEE to gain entry into the telecommunications engineering industry and leverage on the companies’ engineering capabilities and to tap the South East Asian market.

Would you pay $737 million for this building?

It was bought for just US$214 million in 2006, but now the German owners are expected to put it up for sale next week as commercial real estate prices push record highs.

“Planking” market hits small mid caps

Singapore mid-cap and small-cap indices tumbled 1.5% and 4.0% respectively in the past one month, says DBS.

“Keep markets open” ICC urges G20 leaders

Protectionist measures amounted to $1.6 trillion, or 10% of all world trade in 2008 alone, according to Global Trade Alert.

Manulife Singapore records growth; opens new customer centre

The company's weighted premium increased by 8% in Q1 2011 and 36% in Q4 2010, bringing home a total weighted sales of about $20million.

Adam Properties sold 90% of 10 Shelford in one month

The 69-unit property have only seen boost in sales in the last week of May after cautious mood over the general election quite eased, according to a property agent from Huttons Real Estate Group.

Lanxess to invest S$350mn in world's largest 'green tire' plant

The German chemical maker plans to build a plant that will annually produce over 140,000 metric tons of synthetic rubber.

Manufacturing PMI declines by 1.7 points in May

Singapore's electronics PMI also slipped by 1.6 points last month.

Government to spend S$1.1bn on infocomm projects

Some of the projects include a Flexi Immigration System for smoother clearance and a service portal for foreign workers.

SingPost acquires 30% of DataPost shares

This latest transaction leaves DataPost at a $20m value, close to its NTA of about $19.5m as on 31 Mar 2011, says OCBC.

Singapore's first liquefied natural gas terminal to open in 2013

Hiap Seng Engineering sealed the $31.2 million contract for the terminal's construction.

Tamil Murasu appoints Jawharilal Rajendran as editor

Mr. Jawharilal Rajendran takes over the helm from Ms Nirmala Murugaian, who has been editor since 2005.

SingPost branches offer cash out service for Card Alliance customers

Through the EPINS CashOut service, Maybank cardholders are allowed a daily withdrawal limit of S$300.