Singapore
Tender for comercial site at Paya Lebar Road/Eunos Road 8 awarded to joint bidder
Siong Feng Development, Guthrie and Sun Venture Commercial submitted the highest bid of $585.6 million in the tender for the site.
Tender for comercial site at Paya Lebar Road/Eunos Road 8 awarded to joint bidder
Siong Feng Development, Guthrie and Sun Venture Commercial submitted the highest bid of $585.6 million in the tender for the site.
1% upgrade in GDP forecast herald sunny future for SG economy
However, inflation may still remain elevated due to various factors, said OCBC.
Small mid caps still a steep 20% behind large cap stocks
This is despite the fact that Singapore is two years into the recovery from the global financial crisis, said DBS Vickers.
OSIM net profit jumped 150% in 1Q 2011
They reported a PATMI of $20 million which exceeded street estimates.
Mapletree IPO oversubscribed by 8.38 times
Strong demand of approximately 4.99 billion Units was received for the Placement Tranche of 548,059,000 Units.
$82mn RTV licence fee refunds completed
In total, 1.1 million cheques were mailed out in a nationwide exercise to any licensee who had paid his 2011 RTV licence fee in advance, prior to the abolition of the RTV licence.
Growth may ease in the next few months
The 22% jump in manufacturing output was still weaker than the GDP flash estimate for manufacturing, said HSBC.
Maybank Singapore to offer offshore Yuan deposits in 2Q11
EXCLUSIVE: MayBank (Malayan Bank) Singapore will join the race amongst banks to offer Yuan-denominated financial products amid growing appetite for the Chinese currency.
More than 500 firms tap construction productivity fund
More than 500 construction firms have tapped on the Construction Productivity and Capability Fund.
New sectors targetted for workplace safety and health
The Workplace Safety and Health campaign for 2011 was launched with new sectors coming under its radar.
China’s government stops Wilmar’s cooking oil price hike
The move was made as the country battles to contain fast rising food price inflation.
Cheo Seng Jin retires as Mewah International executive
The 61-year old executive director announced his retirement at the company’s general board meeting yesterday.
Manufacturing output grew 22% in March 2011
The growth in manufacturing output was led by the pharmaceuticals segment which grew 60.9 per cent.
SGX lists Hyflux preference shares
Hyflux listed $400 million of preference shares, said Singapore Exchange.
Colliers International appoints Tang Chee Charn as new head
Hel will take over from Dr Tan Kok Hengwho will be leaving Colliers International at the end of the month.
53% of Singaporeans reemployed in less than a month in 2010
Amid the robust economic performance, the incidence of workers laid off fell to a new low in 2010.
Looming pipeline supply could spur mass-market projects price corrections
Total unsold inventory had climbed to 35,000 units in 1Q 2011 from 33,000 units in 4Q 2010.
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