Singapore

The Gains of Taking Risk

Intent at staying for the long haul with hopes of seeing fairer skies, global insurance firm Allied World Assurance Company decided to locate in Asia amid- and despite- the recent credit crunch.

The Gains of Taking Risk

Intent at staying for the long haul with hopes of seeing fairer skies, global insurance firm Allied World Assurance Company decided to locate in Asia amid- and despite- the recent credit crunch.

Yongnam wins additional S$56.5mln contracts for MRT DTL 2

The total contract value that the company has secured for the DTL 2 project no amounts to S$109mln.

Study shows Singaporeans more concerned about economy than climate change

Singapore scored low on its commitment to take action to reduce climate change with 28%, compared to the Asia Pacific average of 34%.

Tiger Airways unveils double daily flights to Jakarta

Rights secured for second daily flight with improved schedule, which will start on 11 Jan 2011.

Lion Global Investors appoints Gerard Lee CEO

Board hires Lee to replace Daniel Chan behind latter's extensive experience in Singapore's fund management businesses.

OKP Holdings secures S$22mln PUB contract

The deal for road-raising works along Orchard Road is expected to take 7 months to complete.

Asia-Pacific carriers' passenger traffic up 8.6%

The region's 15% increase in freight demand significant declined from 22.3% growth recorded in August.

Green-Minded Business

Beyond profit and edging out competition, the business of being green— and ever greener—  has become the main driving force behind one of the world’s most innovative companies.

Prepping for global competition

While the corporate gurus of yesteryear may have recommended a Master of Business Administration (MBA) degree as a means to differentiate oneself from the pack, the reality today is that MBAs are increasingly common. Truly outstanding candidates, however, will do their research and look for an accredited MBA provider that will deliver a robust and relevant programme, one that is recognised by an inter¬national audience.

Singapore has fastest growing reserves in Asia

Singapore’s foreign reserves rose the highest in Asia over the last 12 months, expressed as 31% of its GDP.

Inflation seen to increase rather than growth

Risks are leaning towards inflation rather than growth as the consumer price index increased to 3.7% in September.

Singapore Exchange lists Anchun International Holdings

Chemical systems engineering and technology solutions provider lists on Singapore bourse with S$141.4mln market capitalization.

DBS invests in Taipei hub and new Taiwan headquarters

The lender to set up subsidiary in 2011, in line with commitment to growing in Taiwan.

Reluctance for M&A persists despite improved market conditions

A global survey conducted by Ernst and Young revealed that only 29% of global businesses are actively seeking acquisition targets, in stark contrast to the appetite for deals six months ago (38%).

ASX and SGX merger marks Asia-Pacific's first major consolidation of exchanges

With the pro forma market capitalisation of the combined group pegged at around US$12.3 billion as of 22 October, the combined group is expected to have an increased weight in selected benchmark indices and will have added visibility among institutional investors globally.

Temasek divests its entire $643mln Hana shares

Analysts say move shows shifting of Temasek’s focus to resources sector-analysts while crippling Hana.

Suspected pirates board Singapore-registered vessel

The Liquefied Petroleum Gas vessel named YORK was said to be on its way to Seychelles when the suspected pirates boarded at approximately 90 nautical miles from Mombasa, Kenya.