Singapore
Olam takes over UK food ingredients company for US$50mln
The Singaporean food products company’s acquisition of 100% in equity interests in Britannia Food Ingredients Holdings Limited and Britannia Storage and Distribution Limited will take place within the next three years.
Olam takes over UK food ingredients company for US$50mln
The Singaporean food products company’s acquisition of 100% in equity interests in Britannia Food Ingredients Holdings Limited and Britannia Storage and Distribution Limited will take place within the next three years.
Homes bound to be 20% cheaper due to latest round of cooling measures
Buyers are seen to adopt a "wait and see" attitude for the market's response to the latest set of government measures announces January 13.
Tiger Airways Q3 net profit up 60%
Tiger Airways' net profit rose 60 percent due to stronger passenger volumes and higher average passenger fares.
Fine, provisions send Singapore Airlines Q3 net down
Singapore Airlines reported a lower third quarter net profit.
Marina Bay Sands CEO resigns
Thomas Arasi, chief executive of Marina Bay Sands, the Singapore casino of U.S. group Las Vegas Sands has resigned and will leave on Feb. 18. Marina Bay Sands, built at a cost of $5.5 billion, opened its doors last April. It $242 million in earnings before interest, tax, depreciation and amortisation for the quarter ended Sept 30, Las Vegas Sands said on Oct 27. The U.S. casino group will report fourth-quarter results on Feb 3. You can read the full story at Reuters.com.
SingPost third quarter profit flat at $43.8mn
The group gained from the increase in business and e-commerce logistics activities that boosted its mail and logistics revenues.
Tiger Airways third quarter profit up 85.3% to $30.2mn
The airline attributed profit growth on improvement in revenue and strict cost management across all business units.
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eFinancialCareers unveils hottest financial services jobs
Increased staff turnover at the end of 2010 will give employers a wider choice of talent compared with the same period last year.
Singapore private property new sales volume up 17%
PropNex estimates an overall 5–8% growth for private residential properties, while different types of properties will see varying growth rates.
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Industrial space prices jumped 23.7% in 2010
Prices of multiple-user factory space increased by 6.3% in 4th Quarter of 2010, URA said.
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