Singapore

No go loan zone: Fitch toughens global RMBS ratings criteria

Naughty insurers aren't paying out full claims on defaults, and Fitch isn't happy.

No go loan zone: Fitch toughens global RMBS ratings criteria

Naughty insurers aren't paying out full claims on defaults, and Fitch isn't happy.

Fears escalate as rent inflation hits industrial and warehouse space with rents skyrocketing 5.4 per cent in the 6 months to March

And according to research from property firm Colliers, this is a rapid rise compared to a rent increase of just 1.6 % in the preceding year.

Fishy business: China Fishery’s net profit drops 2% to US $46 million

The fish processor was hit by a closure of the Peruvian fishing grounds and the delayed delivery of fish roe to Japan.

Time for Gordon Gekko to ditch the Motorola as Kim Eng launches Android and Blackberry share trading app

Success of the stock brogerage’s iPhone app prompted it to launch on other platforms.

Empty seats: SIA load factor falls to 68.2% as new planes join fleet

Rising capacity pushed the flag carrier's overall load factor down from 69.3 percent in April 2010.

NOL still taking on losses, US$10mln sunk in the first quarter

Still, it's an improvement from the US$98 million lost during the same period in 2010, but shows the shipper still has work to do to right its operations.

Booming commodity prices push Singapore's offshore trade up 50.5% to US$700bn

And the good news is that trading jobs actually grew 18.5 % with 11,250 new jobs created.

More Beer for Vietnamese as APB boosts brewing 25%

It's certainly Tiger time in Saigon, where APB's, already the Group’s largest brewery in Vietnam, will add another 1.4 million hectolitres in capacity.

Oops. April exports fell by 1.8% year-on-year

Don't panic yet, but the drop in non-oil domestic exports resulted in total exports growing by just 5% which is well below the 12.7% recorded in March.

Private home sales in April surged 29% month-on-month

Excluding executive condominiums, a total of 1,788 residential units were sold buoyed by steady buyer confidence seen since February.

DBS Inaugurates New Taiwan Headquarters

DBS Bank today formally opened its new Taiwan headquarters at Shin Kong Xinyi Financial Center as it strengthens its presence in the country.

UBIFRANCE to gather French fine food product exporters in Singapore

"Gourmet Asia" will be attended by several French companies to present opportunities to the ASEAN fine food sector.

Interweave, Viento, and Terasse preview this week

Three new condominiums are launching this week starting with BS Capital’s “Interweave” at Kim Keat, to be followed by Endo Properties’ “Viento” at Geylang and MCL Land’s Terasse at Hougang.

April NODX seen to slip to 8.7%

Headline NODX is expected to record a slightly softer growth, down from 10% in the previous month.

Travel Malaysia 2011 offers packages for Singaporeans

The two-day Travel Malaysia 2011 fair is offering comprehensive tourism packages for Singaporeans who want to explore Malaysia.

Keppel inks US$772mn deal to 4 build jackups for Standard Drilling

Latest contracts boost value of new orders secured year-to-date to over S$6.4bn.

Retail sales surge 0.8% in March 2011

Motor sales held back the growth of retail sales as retailers of motor vehicles reported a sales decline of 15.3 percent.