Singapore
Kreuz scores US$6.2M subsea installation contract in South Asia
The deal is the subsea service provider’s second contract win in less than four months since its SGX listing.
Kreuz scores US$6.2M subsea installation contract in South Asia
The deal is the subsea service provider’s second contract win in less than four months since its SGX listing.
PropNex sees gold in new BTO flats at Yishun
With prices for Yishun Greenwalk units range from 20% cheaper for 5-room flats to 40% cheaper for the 3-room flats—as compared to HDB’s 3Q10 median resale prices for a Yishun—the real estate agency believes the BTO project will be a hit with first-timers and young couples.
Singapore posts big jump in third quarter office rents
Asian office rents up 3.2% in the third quarter, confirming the recovery of region’s office demand.
China Fishery inks US$425mln club loan facility
Facility to further strengthen the Group’s financial position and capital structure for possible future growth opportunities.
DBS 4.70% preference shares offer more than 3.5 times subscribed
Offer attracts total applications amounting to more than S$1.8bln behind strong retail demand.
Singaporean real estate benefits from improving economy
The cash flow from properties backing Singaporean CMBS has been strong, an ongoing trend thus far in 2010. Accordingly, there are no Moody’s rating implications on outstanding transactions.
OCBC confirms PM Lee's gloomy forecast for 2011
The bank is keeping its 4-5% growth prediction for the economy even as it revised its 3Q GDP growth to 10.6% yoy (-18.7% qoq), versus advance estimate of 10.3% yoy (-19.8% qoq).
Singapore's yuppies couldn't care less about marketing themselves
78% of employees from Generation X are prepared to spend their own money on training to upgrade their skills as opposed to 70% of Generation Y yuppies and 68% of baby boomers, according to the latest Kelly Global Workforce Index.
Drugs inject life into Singapore economy in 3Q
Output in September rose by a solid 26.2% YoY on account of the rebound in pharmaceutical production although the final 3Q10 GDP growth saw the economy contracted by 18.7% QoQ saar (10.6% YoY).
Ascendas, Mizuho and JCG signs MOU to facilitate entry of Japanese companies into India
Ascendas to build stronger partnerships with Asian key players China, India and Vietnam, through experience sharing.
DBS Bank opens Ho Chi Minh branch
Branch to meet increasing demand for banking services as companies expand in Vietnam and across Asia.
IE Singapore and JETRO keen on setting up third country collaboration in India
Global investors’ shift of interest to Asian developing nations and India’s position to become the third largest economy by 2050 prompted the team-up.
Car sales in Singapore on a downhill
Sales of motor vehicles continue to tumble as the industry posted a 17.4% y-o-y decline in September due to the short supply of certificates of entitlement.
Ezra buys US$250mln fabrication facility in Houston
Well-equipped 650,000 sq.ft. yard in the US allows the company to expand engineering activities in the West.
SingPost sees service delays in the US behind security measures
The company advises customers to post their items earlier, especially on holiday season.
Singapore Airlines Senior EVP Bey Soo Khiang resigns
Bey will be departing from the carrier after 10 years as he ventures to explore new opportunities and challenges.
Singapore's October exports up 20%
Singapore’s total exports grew in October by 20 per cent y-o-y from 18 per cent in September. It also grew by 3.2 per cent m-o-m from -4.2 per cent in September. Importantly, non-oil domestic exports or NODX, a better gauge of external end-demand, also gained pace, up by 35 per cent y-o-y from 23% in September. According to the HSBC Research Global, this was well-above its forecast of 26.4% y-o-y and that of consensus 26.6 per cent y-o-y.
Read Here
Advertise
Sign Up
