Singapore
Oriental Food buys long steel production facility for S$5mln
Ventures into industrial and construction materials industry being one of the high growth industries in China.
Oriental Food buys long steel production facility for S$5mln
Ventures into industrial and construction materials industry being one of the high growth industries in China.
FormFactor will reduce number of employees in Singapore facility
FormFactor is ending its transition of manufacturing operations to Singapore.
US: Decent rebound in the trade accounts expected
DBS Group Research noted if trade balance had remained stable between Q1 and Q2, GDP growth would have been 5.3% (QoQ, saar) instead of the 1.6% that it was.
USD-SGD may be further weighed by any USD-MYR heaviness
The SGD NEER is currently around +1.9% above its perceived parity and the pair is expected to be heavy but restrained within a 1.3380-1.3480 range, according to OCBC.
MAS supports global agreement on higher minimum capital standards
The new agreements will enhance global capital standards, promote a more resilient banking sector and support global economic growth.
Novo Group profit down to US$1.6mln
Despite revenue growth of 13%, profit slipped due to global economic crisis and China's cooling measures.
Sembawang Shipyard secures $110mln upgrading and repair contracts
Contracts comprise of lengthening and dry-docking repairs of Aratere and repairs of 5 membrane LNG carriers.
Hong Leong Finance unveils first SME Center @ Branches
Company opens first full-service one-stop financial soutions centre at its City Square Mall Branch.
Orc enables market access to Singapore Mercantile Exchange
Asian players gain unrestricted cross-border trading in futures, options and other derivatives across multiple asset classes.
Freighter Tri-MG Airlines lands at Changi Airport
Changi posted 15.8% airfreight growth in first seven months of 2010, having moved 1.04mln tonnes.
K-REIT Asia names Tan Chin Hwee Director
Multi-awarded fund manager was a Keppel scholar who currently works as Apollo's portfolio manager.
ST Electronics secures US$21.5mln deal in smart meter market
Company's subsidiary to supply AMR radio transmitters to Arad for producing sophisticated meters monitoring utilities consumption.
SingTel and VCE to offer enterprise cloud-based virtual data centre
SingTel enables consumers to tap advanced ways of designing, building, managing and consuming information technology.
US retail sales to grow
Retail sales in the US should show a continuation of the 6% (saar) trend growth established 18 months ago, according to DBS.
ComfortDelGro offer declared unconditional
All conditions in the Bidders Statement have been fulfilled and the compulsory acquisition process for Swan Taxis will begin.
STB names Stefanie Sun Tourism Ambassador in Greater China
Singaporean artiste to promote STB’s new destination brand “YourSingapore” to China.
Ascendas-IE Singapore consortium to expand opportunities in Vietnam
Enables Ascendas to introduce potential suppliers to clients while allowing SMEs to tap Ascendas’ Vietnam network.
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