Singapore

NOL to issue S$280 mln notes due 2020

Proceeds will be exchanged into USD to be partially used for financing 12 new container ships.

NOL to issue S$280 mln notes due 2020

Proceeds will be exchanged into USD to be partially used for financing 12 new container ships.

Wilmar International completes acquisition of Natoleo

Following its acquisition of 91.38% of Natoleo, the agri-business group buys remaining shares for Malaysian Ringgit 42,452,830.

MAS to auction $2 billion of 20-year SGS bond

On 27 August MAS will auction $2 billion of a new 20-year SGS bond with effective issue size of only $1.8 billion.

USD-SGD rises to 1.3638

The USD-SGD is currently around the 1.3600 mark as global risk appetite remains curbed by US data and Ireland’s downgrade, according to OCBC.

Singapore: Reliance on FDI from Europe raises concern

According to Macquarie Research, growth outlook appears vulnerable in terms of investment, with nearly half of Singapore’s cumulative net inflows of foreign direct investment from 2005 to 2009 coming from Europe.

Social networking – the good, the bad, and the ugly

Social networking is no longer just a term in the urban dictionary but a way of life. Sites like Facebook and Twitter connect millions of users around the globe, breaking down traditional geographical barriers with the aid of the Internet. In Singapore, approximately half the population are Facebook users. Singapore also boasts the fourth largest Twitter population in Asia with approximately 2.1 million users.

Investment demand will continue to support gold market

China and Thailand among strongest Asian retail investment markets as total gold demand rose 36%.

SPRING unveils $30mln initiative to build SMEs' talent pool

2 talent training programmes aim to produce 2,000 fresh talents for SMEs in next 5 years.

PropertyGuru joins forces with Australia's REA Group

Singapore property site links with Australian real estate site to expand reach in Asia Pacific.

Singapore bond sales expand as economy accelerates

Motivation to grab title of world's fastest-growing economy attracted companies to raise $14.1bln via notes.

Tiger Airways to suspend 2 under-performing Australian flights

Operations would be stopped temporarily on November 10 and would resume if demand picks up.

Singapore to host Clean Energy Expo Asia 2010

Second annual event will allot 50% more exhibition space to drive sustainable energy growth in region

BH Global Marine seizes two FPSO contracts worth $20 mln

The two contracts are expected to positively contribute to the supply chain management company's overall performance for financial years 2010 and 2011.

Olam International shares in NZFSU increase to 37.02%

Agriculture company was granted consent to take over shares in New Zealand Farming Systems Uruguay.

Chip Eng Seng receives letter of intent for $142 mln contract

Construction and property firm to develop executive condo and 10 blocks of 17-storey apartments at Punggol Field.

Cosco delivers vessel to European buyer

The IOANNIS THEO measures 18 meters high, 32.26 meters wide and 189.99 meters long.

China Minzhong increases profit by 27.6%

The food manufacturing group enjoyed higher sales in processed products and fresh vegetables for the year ending 30 June 2010.