Singapore

Non-oil domestic export to ease at 10% in 2011

Ongoing Eurozone debt crisis and the lacklustre US labor market are expected to hinder the growth of Singapore's non-oil domestic export, OCBC said.

Non-oil domestic export to ease at 10% in 2011

Ongoing Eurozone debt crisis and the lacklustre US labor market are expected to hinder the growth of Singapore's non-oil domestic export, OCBC said.

Bank loans to drop 5% in 2011

Domestic bank loans are expected to drop due to the high base and housing loan segment, OCBC said.

Singapore Hong Kong air competition heats up as Hong Kong airlines starts daily service from January 14

Hong Kong Airlines will operate both freighter and passenger services to Singapore from 14 January 2011 and 15 January 2011 respectively.

Singapore rigbuilders to see tripling in orders

The potential award of the long awaited Petrobas tenders will help get offshore yards back in the limelight.

CapitaLand Commercial appoints Chong Lit Cheong as CEO

Chong Lit Cheong will take over from Mr Ee Chee Hong from 10 February 2011, CapitaLand said.

Asian currencies likely to retreat against USD

USD-SGD is seen to play a 1.2900-1.3000 range but regional Asian currencies is still expected to continue to retreat warily against USD, OCBC said.

CapitaMalls Asia offers $200mln bonds

CapitaMalls Asia Limited is offering subscription up to $200 million in principal amount of 1-year bonds and 3-year bonds to the public in Singapore.

URA launches tender for hotel site at Robertson Quay

The site enjoys direct access to the Singapore River promenade and is proximate to popular entertainment, food & beverage and lifestyle outlets.

Singapore Tourism Board appoints new chairman and board members

Chew Choon Seng replaces Simon Israel as STB chair for three years as it names Deborah Ong and Jessica Tan Soon Neo as board members.

Colliers International to sell Residence 81 by auction

The freehold five-storey residential block comprises of 21 strata-titled units is located at Lorong G Telok Kurau.

Singapore companies scrambling to keep prized employees

Employers are using bonus schemes, stock options or education benefits to lure back an increasing number of skilled Singaporeans heading for Australia and other foreign shores for more attractive job opportunities.

Singapore PMI figures slipped in December 2010

The manufacturing PMI and electronics PMI both dropped to 50.7 and 52.2 respectively, DBS said.

Singapore Airlines undergoes organizational restructuring

The airline aligns closely-linked activities within commercial, operational and corporate planning areas to embrace new challenges and pursue fresh opportunities for growth.

SGX commodities contracts up 33% in December

782 companies are listed on SGX Mainboard and Catalist with a combined market capitalisation of $902bln.

ST Electronics completes acquisition of PM-B

ST Electronics' takeover of PM-B will improve the former’s data centre and cloud computing business.

Accor Services is now Edenred

Market Leader in the World of Prepaid Services.

Asia Pacific loan volume grew 30% in 2010

2,690 deals were the first annual increase since a record 2,951 deals were completed in 2007.