Singapore

Dairy craving in ASEAN propels Etika's 7.2% profit jump for FY2010

Profit attributable to equity holders rose from RM4.5 million to RM66.2 million due to increasing demand in dairy products from Malaysia, Vietnam and the Philippines.

Dairy craving in ASEAN propels Etika's 7.2% profit jump for FY2010

Profit attributable to equity holders rose from RM4.5 million to RM66.2 million due to increasing demand in dairy products from Malaysia, Vietnam and the Philippines.

Sembcorp Marine closes US$195M contract with Transocean Ltd.

PPL Shipyard will sell a jack-up rig, already under construction, to the world’s largest drilling contractor leading provider of drilling management services worldwide.

URA October monthly sales up 16% to 1,058 units

Core central region led sooner-than-expected sales recovery, following a 27% fall after 15 September 09.

PUB plans to join forces with Japan's NEDO for R&D

R&D projects to enhance the quality of used water and produce industrial grade water.

Tiger Airways lures in 1.6m new passengers for 2010

From November 2009 to October 2010, a total of 5.6 million passengers flew with the budget carrier, an increase of 39% over the 4.0 million passengers in the preceding 12 months.

SGX pioneers OTC clearing for financial derivatives in Asia

Nine banks were admitted as SGX Bank Clearing Members for the clearing of OTC traded financial derivatives products, which started with clearing of interest rate swaps.

HSBC appoints chief economist for India and ASEAN

Leif Eskesen will assume responsibility for macroeconomic research on India and Singapore, and will coordinate HSBC’s economic research team for ASEAN markets.

It's just a one-time boost, not a boom: October jump in private home sales won't last until December

Property buyers ignore cooling measures and snap houses with 1,587 private transactions in October, up from just 911 in September.

Colliers International puts Bukit Timah properties up for sale

The residential site at Serene House will be sold via public tender while offers for the commercial/Residential Development at 10 Serene Centre should be made via Expression of Interest.

Tiger forms new subsidiary, doubles fleet as part of its big leap

On top of revitalizing the content of its website—now a business unit by itself— the airline is also set to grow its current fleet from 21 to 43 by March 2013.

Tiong Woon first quarter FY2011 profit down to S$1.3mln

The group intensifies execution of five-pronged business strategies after as it attributes difficult business conditions for lacklustre performance.

Hill & Knowlton promotes Baey Yam Keng Singapore Managing Director

Experience in CapitaLand and Singapore Economic Development Board eyed to fill in vacuum filled by his predecessor, Jimmy Tay.

Olam invests US$1.3bln for fertilizer production

Forms joint venture with Republic of Gabon to set up a port-based ammonia-urea fertilizer complex.

ComfortDelGro third quarter profit up 10.4% to $61mln

Revenue increased 5.2% to $823.4mln with increases coming from almost all business segments as overseas businesses accounted for 42.5% of total revenue.

PM Lee tells Singaporeans to keep their expectations low

The PM said it is more realistic to expect a 3-5% growth in the medium term for 2011 as Singapore is unlikely to achieve a repeat of the double-digit growth it is experiencing this year.

The Land of the Rising Sun outshines The Lion City as Asia's top country brand

Singapore might be trailing behind Japan in terms of technology, workforce competitiveness and quality of education, but the city state remains the top choice of job seekers and investors for growth opportunities.

Economy still “on track” to meet GDP forecast despite modest growth prediction for 4Q

DBS Bank predicts a 5% growth for the economy this quarter but says Singapore is still poised to meet its full year GDP growth forecast of 15% due to activities in the services and construction sectors.