Singapore
DBS partners with Sumitomo Trust to boost services in Asia
Both banks signed an MOU to will enable both banks to offer an increased scope of products and services to customers across the region.
DBS partners with Sumitomo Trust to boost services in Asia
Both banks signed an MOU to will enable both banks to offer an increased scope of products and services to customers across the region.
Office rents to favour Singapore landlords
Rental growth of up to 30% is expected across Asia Pacific this year, with the strongest growth likely to be seen in supply constrained markets.
Keppel Corp: staying cool in the face of a force majeure
Clients and analysts are not worried despite the company's announcement that the delivery of its first rig for Discovery Offshore will be delayed for eight weeks.
Singapore still the top Asian city to do business and leisure
New York topped the Cities of Opportunities ranking while Singapore ranked 9th worldwide.
AXA Insurance introduces “SmartClaims” Application on Android
AXA, one of the world's leading insurance providers which launched the first motor claims iPhone application last year in Singapore, now extends the service on android starting here and in Hong Kong to the rest of Asia. This, as AXA sees explosive growth in the use of technology in the region over the next five years.
BBR Holdings net profit doubled to $9.4mln in 1Q 2011
This was on the back of $109.4mn revenue for the first quarter ended 31 March 2011.
SATORP project skews Rotary Engineering's 1Q11 results
The 27% YoY fall in the company's revenue to S$130.5mln was due to the project's progress from the engineering and procurement to the construction phase.
Mediabrands appoints Daniel Simon as COO of Asia
Simon will be the Chief Operating Officer of Asia at UM and Initiative.
Hyflux bent on capturing China market by 2014
The utility company aims to derive 40% of its total revenue from Asia's largest economy as the Chinese government gears to double its spending on water conservancy projects.
36% of companies to hire more employees in 2Q11
For most employers, this entails a 5-10% increase to current staff numbers.
Insurers attained 45% growth in 1Q 2011
The $460 million weighted new business premiums was spurred by robust sales across all products.
Raffles Education net profit fell 53% in nine months FY2011
Revenue declined 15% coupled with an increase in income tax expense and higher personnel expenses, 9MFY2011 net profit after tax was $14.6 million.
Parkway REIT unshaken by Japan tragedy
Revenue contributions from 12 Japanese nursing homes boosted the company's NPI 14.6% YoY to S$19.7mln.
More than half of Singaporeans wary of cooling measures' success
58.4% of survey respondents are undecided whether the measures will succeed in cooling Singapore's red-hot property market.
Number of employed jobseekers drop to 2,800 in 1Q11
The figure is down from the 4,800 job seekers place in the same period last year.
Trend shows PAP win tied to STI gains
Data from past polls show the index typically outperforms if the percentage of votes won by PAP is high, said DMG Research.
Policy risks hang over Roxy Pacific's latest launches
Sales might be strong for the Toh Tuck Road project, but OCBC Research says policy overhang might slow down the company's momentum.
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