Singapore
Singapore economy blew the gates off with 12% growth in last quarter of 2010
But construction slowed dramatically, falling 2 % having grown 6.7 % in the previous quarter.
Singapore economy blew the gates off with 12% growth in last quarter of 2010
But construction slowed dramatically, falling 2 % having grown 6.7 % in the previous quarter.
Singapore economy surged 14.5% in 2010
The expansion was driven by the manufacturing sector which rebounded by 29.7 per cent in 2010.
Keppel bags US$380mn worth contract from Transocean
As part of the agreement, Keppel will build two high-specification jackup rigs based on the KFELS Super B Class Bigfoot design.
Non-oil domestic exports may have contracted 7% in January 2011
The Lunar New Year in early February may have caused a pullback in export sales in January.
Privately held businesses eye M&A for strategic growth
A survey said proportion of respondents anticipating making an acquisition in the next three years increased to 29% this year, up 8%.
ST Engineering subsidiary sells 100% equity interest in PT PMB Indonesia
The agreement is to sell the equity interest to Mr Reza Dwi Nugroho for a cash consideration of about $470,000.
Temasek launches US$5bn euro-commercial paper programme
The commercial paper programme will supplement Temasek's strong liqudity and the proceeds will be used to fund their business.
Citigroup partners with SGX as new depository bank
SGX is enhancing its suite of American Depository Receipts by adding new companies from other Asian countries and partnering a second depository bank.
ST Engineering bags $185mn shipbuilding contract
VT Halter Marine, ST Engineering's US shipyard, has been awarded a shipbuilding contract from Honolulu-based Pasha Hawaii.
CapitaMall offers $200mn worth of bonds
The bonds will be in aggregate principal amount of 2.00 per cent due 2013.
Government may unveil $7.5bn worth of special transfers
The amount is the highest since at least FY2004, beating FY2008's $7.4 billion.
Singapore households headed to a 'golden age'
Between 2000 and 2010, there was a rise in the proportion of resident households with elderly members aged 65 years and over.
Private home sales fell 11% in January 2011
New projects that were launched in January saw weaker take-up of less than 50 percent.
Spendthrift Singaporeans helped push retail sales up 2.7% in December 2010
Favorable labor market conditions and booming tourism is keeping retailers happy.
Asia Pacific contract logistics seen to drive growth in Singapore's manufacturing sector
Singapore’s contract logistics business is expected to grow faster than that in most of its Southeast Asian neighbors.
Great Eastern 2010 profit down 1.84% to S$507.2mn
Yet year-on-year total weighted new sales rose 20% to S$723.8mn, driven by the strong growth of 34% in regular premium products.
Keppel bags 2 jackup orders worth US$1bn from Maersk
Keppel FELS’s excellent performance and consistency made Maersk chose the Singapore company in building high capacity rigs.