Singapore
Sembcorp Industries dismisses inactive subsidiary
The utilities and marine group has put SUT Seraya Pte Ltd under Member’s Voluntary Liquidation.
Sembcorp Industries dismisses inactive subsidiary
The utilities and marine group has put SUT Seraya Pte Ltd under Member’s Voluntary Liquidation.
PEC acquires 51% of Major Insulation & Links stakes
Acquisition provide PEC hot and cold thermal insulation, sound proofing, refractory and fire proofing works services.
Singapore SMEs cautiously optimistic on economic growth
SMEs need to overcome 3 challenges – high operating costs, competition and skills shortage.
Mapletree Investments mulls launching $1.27bln Japan property fund
Fund to be invested in data centres, research and development facilities and office buildings.
DBS appoints Sebastian Paredes Hong Kong unit CEO
Paredes comes in when DBS Hong Kong market value falls as it reported a $1.02bln writedown.
Cosco delivers 57,000 dwt 'PERTH I' bulk carrier
Carrier measures 18 meters high, 32.26 meters wide, and 189.99 meters long.
MOF accepts suggestions on goods and services tax amendment bill
20 suggestions were considered while 16 not accepted due to inconsistency with legislative drafting convention.
Kim Eng's executive director Ong Seng Gee resigns
Ong's can-do attitude and managerial skills helped Kim Eng flourish during the last decade.
SingTel's mioTV garnered first quarter $14mln income
With customer base of 220,000, mio TV has become key factors in company's competitive strategy.
Olam International to extend projects in Africa
The agricultural products supplier plans to develop a special economic zone in the Government of Gabon.
NOL Group finalises 12-ship order for Daewoo
The global shipping and logistic company now has a total of 12 vessels on its orders list with the addition of two 10,700-TEU vessels.
DBS Singapore appoints Sim S. Lim as Country Manager
Lim’s new role will involve developing more acute customer focus and better leverage in the home market.
ASL Marine snaps contracts worth S$55 mln
The contracts comprise of 2 units of Azimuth Stern Drive Tugs, a unit pipe-lay barge and twenty seven units cargo barges.
Singaporean linked with Apple executive on kickback charge
Paul Shin Devine was accused of accepting kickbacks while Singaporean charged with wire fraud and conspiracy.
Flextronics announces authorization for additional $200mln share repurchase
Authorization was addition to May 28 recently concluded $200mln share repurchase.
BBR profit up 41% to S$7.2mln
Yet second quarter revenue fell to S$36.5mln from S$53.8mln behind lower revenue from general construction projects.
ComfortDelGro profit up 1.6% to $58.2mln
Group said growth would have been stronger had $15.2mln negative foreign currency translation effect is lower.
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