Singapore

Ascott targets 7,000 apartment units in Europe by 2015

The Ascott Limited will invest approximately $50 million to acquire a turnkey serviced residence property which is slated to open in 2014.

Ascott targets 7,000 apartment units in Europe by 2015

The Ascott Limited will invest approximately $50 million to acquire a turnkey serviced residence property which is slated to open in 2014.

Multi-Chem’s financial controller steps down

Lim San San is leaving the company “to pursue other career opportunities.”

Straits Trading Company appoints new Deputy Group CFO

Eldon Wan will be assisting the Group Chief Financial Officer in overseeing the financial and accounting functions of the company’s diversified investments.

Singapore second to Malaysia with worst inflation problems

69.1% of accountants surveyed by ACCA cited inflation as a problem this quarter compared to 35.0% in the first quarter of 2010.

Habitat for Humanity, Barclays to raise funds for the less fortunate in Singapore

Habitat-Barclays Bare Your Sole 2011 will take place on Saturday, 18 June at Gardens by the Bay East, Tanjong Rhu.

Construction industry may face rising labour costs

The emphasis on productivity is here to stay, said Kim Eng Securities.

CapitaCommercial Trust DPU down 4.7% in 1Q 2011

DPU for the period was 1.84 S-cents down from 1.93 S-cents in the same period last year.

NODX to Japan contracted 6.9% in March 2011

Non-oil domestic exports  to all top 10 NODX markets, except China, the EU 27, the US and Taiwan, fell in March 2011.

Keppel Telco's net profit surged 13.7% in 1Q 2011

Net profit came in at $15.4 million up from $13.5 million in the same period last year.

SGX net profit fell 10% in 3Q 2011

Net profit fell to $67 million but excluding the ASX-SGX transaction cost of $12.0 million, net profit came in at $77.3 million, up 4 per cent, said OCBC Investment Research. 

Japan calamities to ease exports growth

Elevated oil prices and the full effects of the calamities in Japan will affect the exports as it unfolds.

Stronger 1Q GDP reinforces 2011 GDP forecast of 7%

This is higher than the official forecast range of 4-6 per cent, said DBS Vickers.

8 Courtyards sold more than 200 units over the weekend, Centra Heights Previews this Week

8 Coutyards at Yishun, a joint development by Frasers Centrepoint Homes and Far East Organization, previewed last Saturday, April 16 with 202 units sold out of the 280 units released at an average selling price of $795 psf.

Turkish Airlines launches daily flights from Singapore to Jakarta

The new Singapore - Jakarta - Singapore route will offer busy executives and leisure travellers convenience and flexibility.

Hedges Park sold 130 units at preview launching

The apartments consisting of one to four bedroom units, from 484 to 1798 sq ft, sold at an average price of $850psf.

Jones Lang LaSalle launches iPhone application for real estate information

The application is also compatible with iPad, said Jones Lang LaSalle.

Keppel, Seafox secure first job in offshore wind market

A contract from the joint-venture Aarsleff Bilfinger Berger Dan Tysk, worth in excess of EUR 35 million, has been secured for SEAFOX 5.