Singapore

Keppel Land appoints Mrs Oon Kum Loon on Board

Mrs Oon’s 30 years of experience include development and implementation of a group-wide integrated management framework.

Keppel Land appoints Mrs Oon Kum Loon on Board

Mrs Oon’s 30 years of experience include development and implementation of a group-wide integrated management framework.

Minister for Finance reappoints Peter Ong Chairman IRAS

Minister also appointed three new members, reinstated four, and named three retirees.

Government acts to stabilize property market growth

Measures seen to place a check on the current exorbitant prices in the mass market.

Asian REITs' total first half market capitalization up 25%

Yet weighted average dividend yield contracted to 6.86 per cent in the first half of 2010.

Keppel US unit delivers second Rowan rig

Rowan EXL-II, second of four Rowan jack-ups, will depart the Keppel AmFELS yard within next month.

ST Engineering names Khoo Boon Hui Non-Executive Director

Khoo also appointed risk review committee member behind degree and experience in Enginering and Public Administration.

Asians spend US$93bln on consumer technology products

GfK Asia sees growing demand for portable electronic devices in Asia as consumer spending jumps 6%.

Maybank Singapore offers below 1% home loan rates

Lender also offers variable rate packages with first year rates starting from 0.8% per annum.

SGX releases proposed Policy Statement on Sustainability Reporting

Seeks feedback on adoption of sustainability reporting and policy guidelines as holistic approach towards corporate disclosure.

APB builds new packaging facility in Vietnam

Improved capabilities and continued investments to augment company’s S$130mln profit in IndoChina region.

Singapore: Difficult to derail 2010 growth momentum

Macquarie Research says with increases in pharmaceutical output capacity and the strong momentum in the service sector that could cushion the fall-out, contraction previously forecast may not come to pass.

Launching: Dorsett Residences and Loft@Nathan

Dorsett Residences' location is adjourning to Outram Park MRT while Loft @ Nathan enjoys close proximity to the Orchard shopping belt.

Eu Yan Sang profit climbs 48% to S$19.3 million

The global healthcare company with a strong foundation in Traditional Chinese Medicine (TCM) increased retail sales in Hong Kong, Malaysia and Singapore.

Treasury China Trust strikes deal with TRIO Group

The company enters into a strategic partnership to expand into Shandong Province commercial property market in China.

PEC 2010 full-year profit up 96% to S$48.2mln

Jurong Island developments and growth prospects in Asia, Europe and the Middle East, presented opportunities.

Businesses urged to prepare for global lease accounting changes

Changes have been driven by a recognised need for greater transparency in leasing standards.

Olam profit up 49.3% to S$272.1mln

Acquisitions fared well with acquired businesses contributing 29.2% and 34.0% of Net Contribution and EBITDA respectively.