Singapore
Retail rents at Orchard road have peaked
Rents at prime Orchard are more likely to remain flat while suburban rents are apt to see a moderate upside of just 2% – 3% this year, according to property brokerage firm Knight Frank.
56% of Asia Pac financial services firms unaware of security threats
And out of those who are mindful of their firms' exposures, 37% could not provide details of the events, said IDC Financial Insights.
Global diggers: demand for the yellow stuff up 12% to 981 tonnes in first three months of 2011
Chinese and Indian buyers aren’t broke, and are behind the surge in demand, but you will never guess how much gold was bought for pure investment.
Is this the best internship in the world?
Singaporean social networking startup My Cube is offering 30 foreign students a 3-month paid internship with the best intern getting a $10,000 grant.
Mainland Chinese can now shop Singapore online with eNets
The deal will let 160 million mainland chinese shop anywhere in the world that accepts eNets, a major boost for the payments platform.
63% of Asia Pac MNCs take to the Cloud
And a whopping 33% say they will procure cloud data back up and storage services in the next 24 months.
SIA may fly more Scandinavia routes with new SAS codeshare agreement
WIth Finnair now plying the Singapore to Helsinki route, move is seen as a way to keep SIA competitive in the Northern European market.
Lufthansa upgrades Singapore ops with A380 on European flights
The german flag carrier, which just introduced new baggage allowance rules, says it will grow its passenger traffic 25 % to Singapore.
Margins expected to come under pressure: DMG & Partners Research
Below is the highlight from DMG's research note on SATS May 20, 2011.
KSH hammers deal to build Ardmore Three
The construction, property development and property management company secured a contract worth S$78.7 million for the construction of the Ardmore Park residential property.
FRANKLY, will students give a d*** about OCBC's youth rebranding ?
OCBC branches at SMU and NTU being renamed "FRANK" - no, really.
Asia Pacific Breweries: We were a victim of fraud
Court of Appeal has junked the case involving two European banks who appealed to recover a total of $59 million taken by former APB finance manager Chia Teck Leng.
M1 on Wednesday, Starhub Yesterday
After a mobile service outage afftected some M1 users on Wedneday, May 18, some customers of Starhub also found themselves early yesterday unable to connect to the Internet.
NOL makes virgin investment in Chinese terminal
Neptune Orient Lines will invest $25.8 million in a joint venture to operate a two-berth container terminal at the port of Qingdao.
Government forecasts $1.1bln public sector infocomm tenders
Overall outlook for the infocomm industry remains positive, according to the IDA, amidst increased spending in IT and demand for infocomm services.
MTI upgrades 2011 economic growth forecast to 5%-7%
Yet continued concerns of Europe’s sovereign debt sustainability, political turmoil in the Middle East and North Africa, and extended industrial activities disruption in Japan threaten growth.
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