Singapore
ComfortDelGro aims to gain 70% revenue from overseas venture
Phillip Securities Research reported, CDG expects to counter challenges in Singapore land transport market by exploring business abroad.
ComfortDelGro aims to gain 70% revenue from overseas venture
Phillip Securities Research reported, CDG expects to counter challenges in Singapore land transport market by exploring business abroad.
Bank of America global commodities staff exodus continues
Two senior executives of BofA have gone from Singapore including some sales staff according to Reuters.
URA releases industrial site at Woodlands Ave 12
This is the second of the four industrial sites to be released for sale under the Reserve List of the 1st half 2011 Government Industrial Land Sales Programme.
ST Engineering required to pay $129mn
The company could be liable for damages up to 10% of the Ropax contract value.
Mall operators may raise rents by 6.5% or more this year: DBS
Despite 2.6msf of retail space over 2009/2010 falling to 0.9msf p.a over the next 2 years, landlords will still get a raise.
Singapore trade marginally hit by Japan quake calamity
Near-term disruptions in the Japanese logistic supply and production network may cause minimal impact on Singapore's bilateral trade.
DBS customers donated over $1mn to help victims of Japan quake disaster
These donations to the "Red Cross Japan Disaster" fund were made via DBS' ATM network and AXS Stations.
Singapore office property market up 8% quarter-on-quarter in 1Q 2011:Colliers
Average monthly gross rents Grade A office space reached S$9.72 per sq ft in 2011.
Inflation rose by 5% year-on-year in February 2011
The CPI fell marginally by 0.1% over January 2011 as a result of lower cost of transportation.
Government to toughen up on Credit Rating Agencies
The MAS released a proposal to regulate the CRAs to meet international standards and practices.
Singapore will contribute 3% of world's total new office supply in 2011:CBRE
CBRE forecasts that 62% of all new office developments in 2011 will take place in Asia.
MasterCard appoints Maripi Jalandoni as Group Head of Marketing
Based in Singapore, she will ensure that the company's brand positioning is executed effectively across Asia Pacific, Middle East and Africa.
Singapore office market gross effective rent up 29% year-on-year in 1Q 2011
The average CBD Prime Grade A gross effective rent showed an increase of 7.0% q-o-q to $10 per sq ft per month.
Singapore Minister for Finance named Chairman of International Monetary and Financial Committee
Mr. Tharman Shanmugaratnam has accepted the IMFC's chairmanship for a term of up to three years.
Singapore radiation level safe
The likelihood of any radioactive plume reaching Singapore remains very low.
Tender for land parcel at Choa Chu Kang Drive received 6 bids
The highest bid came from Camborne Developments with a tender price of $170,100,000 or $3,453.71 psm.
Kodak opens new solutions center in Singapore
The Center will boost research, product development and operations management activities across three of Kodak's main digital growth businesses.
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