Singapore

BNP Paribas partners with Thai retail brokering giant

The bank signed a Cooperation Agreement with Finansia Syrus Securities Public Company Limited and its subsidiary, ACL Securities Co.support institutional clients of BNP Paribas trading on the Thai Stock and Futures Exchanges.

BNP Paribas partners with Thai retail brokering giant

The bank signed a Cooperation Agreement with Finansia Syrus Securities Public Company Limited and its subsidiary, ACL Securities Co.support institutional clients of BNP Paribas trading on the Thai Stock and Futures Exchanges.

PEC wins gold award for workplace health program

The plant and terminal engineering specialist was recognized at the Singapore HEALTH (Helping Employees Achieve Life-Time Health) Award 2010 for its dedicated Workplace Health Promotion program.

TEE signs JVA to develop luxury villas in Vietnam

The real estate firm is partnering with Khang Viet Co. Ltd to develop 37 luxury villas on a 6,028 square metre piece of land in District 9, HoChi Minh, Vietnam.

Singaporeans' spending at a standstill

The technical consumer goods market grew by only 0.2% q-o-q in 3Q, with market value standing at S$851m as consumers are choosing to postpone spending on consumer electronics and other valuables for the meantime.

CapitaMalls Asia issues S$1.62bln 5-year syndicated credit facilities

Proceeds will be used to refinance the financing previously obtained by Orchard Turn Holding for refinancing of Ion Orchard. In conjunction with the Facilities, Oversea-Chinese Banking Corporation Limited will act as both facility agent and security agent.

URA opens for application reserve list site at Jelebu Road/Petir Road

The land parcel is well positioned to be an attractive commercial and residential development and very accessible to major transportation modes.

Singapore Exchange lists Sabana REIT

The world’s largest Shari’ah-Compliant REIT opens its doors to a pool of investors who require their investments to be made in accordance with Shari’ah investment principles.

Proposal of bonus shares to boost trading liquidity

ASL Marine (ASL SP) has proposed a bonus issue of shares in the proportion of 4 bonus shares for every 10 existing ordinary shares to improve trading liquidity of its shares. Under this proposal, up to a total of 120.6m bonus shares will be issued.

Hooked on drugs: Pharmaceutical manufacturing up 31 %

But things are slowing up with just a 2.2% growth over September, pointing that we may be close to the peak. According to HSBC, the number points to a pick up in activity in Q4 led by pharmaceuticals, but output growth will slow next year with the end to the global restocking cycle. Still, with capacity to remain tight despite the slowdown in growth to a more sustainable pace, the MAS has to continue its tightening stance.

HSBC: Singapore economy's recovery “too fast to last”

The bank says growth in 2011 is projected to slow to 4.7% (from 4.5%) y-o-y after bouncing back at “Formula 1 speed” for the first half of this year.

New luxury condominium rises along Farrer Road

D’Leedon will be the first condominium in Singapore to be designed by internationally-renowned Pritzker Architecture Prize winner Zaha Hadid.

MND's property launch for 1H11 meant to curb asset inflation

The government's move to put up 14,300 housing units for 1H11 indicates its resolve not to restrict supply that leads to continual asset inflation.

Keppel bags US$180mln jackup rig contract from Standard Drilling

The rig bound for Norway will be operational in water depths of 400 feet, drilling depth of 30,000 feet and accommodate 120 men.

Asia Pacific air passenger demand up 7.3% in October

Air traffic growth is returning to a more normal pattern with global passenger demand 5% above and freight is 1% above pre-crisis levels of early 2008.

China Fishery profit up 23.5% to US$116.5mln

The company sees sustained growth as demand for fish is expected to remain robust while seafood prices are also on a positive trend.

SilkAir to inaugurate services to Pekanbaru

The airline launches its eighth Indonesian destination to further boost travel between the two countries.

Best Car comes to town

COMM,a Japanese media company, has launched its first English title. Best Car (Singapore) is Asia’s first Japn’asian Car and Lifestyle Magazine, with motoring content from the heart of the Asian Auto Industry.