Singapore

COSCO secures $356mln contract

Two units of jack-up drilling rig will be built for KS Drilling.

COSCO secures $356mln contract

Two units of jack-up drilling rig will be built for KS Drilling.

Manufacturing output falls 9.5% in April

Blame it on the biomedical manufacturing cluster which saw a 22.6% year-on-year decline. Under this cluster the pharmaceuticals segment declined 23.6% as a result of a different mix of active pharmaceutical ingredients being produced.

Singapore water companies secure S$8.4bn overseas projects since 2006

New projects in the industry from 2006 seen to add S$590mn to GDP and 2,300 jobs.

Raffles to open 1200 room hotel in Istanbul in 2012

No Midnight Express, this $175 million hotel will feature the country’s largest spa.

Corporate captains to form ASEAN Business Club

CIMB is backing club with SC Global’s Simon Cheong and Straits Trading’s Chew Gek Khim among the ten founding advisors.

720 HDB Executive Condominiums in Punggol up for tender today

Buyers have until noon on July 7 to make their bid, so be quick.

Investors’ questions to Profitable Plots directors go unanswered

SIAS has taken up the fight on behalf of investors, but so far the directors of this failed investment scheme are refusing to talk to them.

Singapore manufacturing drops 9.5 % on Tsunami effect

The aftershocks reached Singapore’s electronics supply chain and bad news in Pharma point to a slowing economy.

MCL Land sold more than a third of Terrasse on May 21 Launch

A total of 150 out of the 200 released units of the “Terrasse” at Hougang were snapped up during its first weekend launch, a spokesperson from MCL Land told Singapore Business Review.

A Greener Future through Innovation Today

The idea of “going green” has been on minds of consumers and enterprises for nearly a decade now. From The New Energy World survey conducted by Accenture1 in 2010, it was revealed that three out of four consumers are concerned by energy and climate change issues. Thus, it is not unusual to find consumers being more conscious about recycling, saving energy and reducing their carbon footprint; whereas semiconductor companies are focusing on the real, tangible effects of energy saving.

Delinquent Aussies reach all-time high

Looks like the Aussies are on a very tight budget.

Metro profit down to $81.9 million

But they have higher revenue as the property and retail segments bring a whopping 16.1% increase in revenue to S$175.2 million.

SIA’s move “value destructive”: DMG Research

Although it sees SIA standing a chance unlike many other airlines which failed to differentiate their LCC product.

April industrial production feared to be ugly

DBS is forecasting a 1.4% year-on-year contraction, the first since November 2009.

MOM: How's my manpower?

Ongoing Labour Force Survey will help MOM figure out what policies and programmes should be in place.