Singapore
Recent election marks PAP's narrowest margin of victory
The rise in popular dissatisfaction with the PAP may eventually alter the economic policy framework, said Moody's.
Recent election marks PAP's narrowest margin of victory
The rise in popular dissatisfaction with the PAP may eventually alter the economic policy framework, said Moody's.
Poor catch in Peru seas hurt China Fishery’s net profit for 2Q11
The fishing company's net profit fell 2.4% YoY to US45.8mln due to weak Peruvian fishmeal operations.
Singapore office rents to grow 15-20% in 2011
The office property market is expected to remain on a growth trajectory in the short to medium term.
ST Engineering's first quarter profit up 20% to S$111mn
The group expects higher turnover and profit for this year as it continued to get new orders as it ended the quarter with a $11.3bn order book.
Keppel bags US$393mn jackup rig orders from Gulf Drilling
The company attributes successful deal to its Near Market, Near Customer strategy that aims to develop keen understanding of its customers' businesses.
IE Singapore taps vocational education and healthcare opportunities in China
The body eyes capitalising on China’s growing demand for skilled manpower and quality healthcare services via business missions.
Average office rent chalked up further growth of 6.1% in 1Q 2011
This was underpinned by burgeoning business confidence and the continued flight to quality amongst occupiers.
SGX to add 8 new ADRs
All the ADRs are fungible with those listed in the US and allow investors, for the first time, to manage their exposure to these companies round-the-clock.
Singapore most active cross-border purchasers in Q1 2011
Cross-border direct commercial real estate investment volumes reached US$37 billion in Q1 2011.
CapitaLand to develop sixth residential site in Vietnam
In a third joint venture with Khang Dien Sai Gon Real Estate JSC, CapitaLand will develop a 29,000 sq m site into 974 units of value homes.
Technical Specialists most recruited group of employees
The Hay Group poll reported that the second most recruited group of employees is Junior Professionals followed by and Middle Management.
Singapore Airlines Engineering net earnings up 9% in FY2011
This reflected the strong recovery momentum in the MRP sector after the aviation downturn in 2009.
DBS Asset Management launches DBS Asia Asset Allocator Fund
The fund offers investors a multi-asset class approach to long-term wealth management with an Asian focus.
Banyan Tree PATMI surged 36% in 1Q11
PATMI increased to $10 million due to the gain on divestment of a development site and lower depreciation.
73% of organisations unprepared for inflation aftermath
Only 27% of the surveyed organisations have coordinated measures to diffuse the effects of inflation.
Maybank acquires stake in Kim Eng
Mayban IB, formerly known as Aseam Credit, announced the completion of the acquisition for 44.63% of the issued share capital of Kim Eng.
Otto Marine's PATMI plummets 71% YoY for 1Q11
The shipbuilder reported a lower PATMI at S$7.0mln on the back of lower shipbuilding revenue.
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