Singapore

Swiber profit down 25% to $19.49mln

Higher administrative expenses, other operating expenses and finance costs pulled down profit from $26.03mln.

Swiber profit down 25% to $19.49mln

Higher administrative expenses, other operating expenses and finance costs pulled down profit from $26.03mln.

Fraser and Neave's 9 months profit up 60%

Group divested glass manufacturing unit for a $310mln cash consideration as it garners 8% revenue growth.

DBS and PayPal enhance global online shopping experience

Collaboration enables DBS/POSB customers to replenish PayPal accounts for online shopping without credit card.

Metro Holdings losses S$7.2 mln in net profit

The property development and investment group makes a plunge in pre-tax profit but still enjoys a 17.2% increase in revenue for the first quarter.

CapitaLand toughens holding units in Ascott Reit

In an effort to organize asset ownership, the property giant transfers its entire interest in Somerset Capital to The Ascott Limited.

Otto Marine nips charter contract for USD21.5mln

The offshore marine group also inks an MOA to sell the vessel in 31 January 2011.

Wilmar to buy 20% of shares in Kencana Holdings

Agribusiness group to invest in additional plantation assets with the proposed purchase worth SGD80,363,130.40.

Car sales hit the brakes

Retail sales are being dragged with motor vehicle sales falling by an average of 30% in recent months.

Now what Singapore?

Predicting the future can be a notoriously tricky business. Things that people declare with certainty will happen often don’t, while things that no one saw coming have a horrible habit of actually happening.

SingTel profit stable at S$943mln

Lower contributions from associates were offset by strong first-quarter performance in Singapore and Australia.

Executive Condominium market makes comeback after 5-year hiatus

Yet HDB upgraders looking for new projects below $900 psf had fewer choices in the first half of 2010.

Singapore Gifts & Stationery Show draws international visitors

Event showcasing latest gift trends and corporate gift ideas has attracted visitors from 15 countries.

StarHub and The Fullerton Bay Hotel Singapore to offer IPTV Experience

StarHub also to provide full Internet, mobile and IDD services to luxury hotel.

MAS grants final approval to Singapore Mercantile Exchange

Approval seen as milestone towards creation of a pan-Asian exchange from Singapore.

Tiger Airways increases Malaysia distribution network with e-pay

Customers in Malaysia can pay cash at over 14,000 e-pay outlets, beginning with 4,000 Petronas kiosks.

Hainan Airlines set to land on Changi

Sixth Chinese carrier at Changi taps 20% passenger traffic growth between Singapore and China to 1.7mln.

SGX consults public on SGX EURO STOXX 50 Index Futures and Options

Consultation papers are made available on the SGX website starting 12 August 2010.