Singapore
Across-the-board rises in development charge rates may backlash on enbloc transactions:DBS
Rising land costs and the limited ability to raise ASPs in the near term could erode margins.
Across-the-board rises in development charge rates may backlash on enbloc transactions:DBS
Rising land costs and the limited ability to raise ASPs in the near term could erode margins.
Cosco Shipyard secured over US$130mn worth of contract
Two units of self erecting tender drilling rig will be constructed by COSCO Shipyard.
International visitor arrivals to Singapore up 16.2% in January 2011
Indonesia remains Singapore's top visitor-generating market with 208,000 visitors arrived in January 2011.
Increasing numbers of visitors pushed higher development charge rates for hotel sites:CBRE
Stronger interest in land parcels are due to the increasing numbers of visitors.
DHL appoints Chris Bresnahan as Head of Network Operations
Chris Bresnahan, who will be based in Singapore, has been promoted into the critical role of operations head for Asia Pacific, Eastern Europe, Middle East and Africa region.
Bank loans up 16.1% year-on-year in January 2011
The increase was boosted by business loans and consumer loans which increased 13.8% and 18.7% respectively.
Noble Group net profit increased to US$606 million in 2010
The Group reported record revenue of US$56.7 billion for FY 2010.
SilkAir unveils flights to Pekanbaru
The airline’s eighth point in Indonesia is seen to further boost travel between Singapore and Indonesia.
Residential use development charges rates increased by 18.4%
Development charges rates or the period from 1 March 2011 to 31 August 2011 increased by 18.4% and 10.6% for use group B1 and B2 respectively.
Development charges rates for commercial use increased by an average of 13%
For the period from 1 March 2011 to 31 August 2011, DC rates for Group A recorded the largest increase of 29% in Sector 9.
Golden Agri-Resources achieved record net profit of US$1.42bn in 2010
Full year core net profit almost doubled to US$387 million, while EBITDA reached US$661 million.
Overseas Union Enterprise reports 2010 net profit of $777.2mn
The robust performance was achieved on the back of a 58.8% rise in OUE's FY2010 revenue.
Singapore room rates rising faster than in HK and Beijing
A new survey revealed that local hotel rates rose by 14% in 2010 on the back of higher visitor numbers and stronger Singapore dollar.
Housing and Development Board launched 3 Built-to-Order housing sites
The housing sites have 1,593 units on offer and these will ramp up the supply of new flats to meet rising demands.
Hill & Knowlton in Singapore appoints new heads
Loh Hui Yin and Adiran Heng are appointed as Head of Crisis Communications and Head of Digital respectively.
DBS Private Bank hires veteran wealth advisor as new executive
Terry Alan Farris has been the bank’s Senior Vice President and Head of Family Office since January 2011.
Singapore Exchange expands food sector
Home grown brand, Chew's Group Limited, is now listed on Calatist, under the stock code of "5SY".
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