Singapore
Ascott Reit bestows 773,988 property units as manager fees
The CapitaLand Limited’s subsidiary receives the Ascott Reit units for a price of S$1.1919 each, aside from the cash payment of S$922,516.81 as management fees.
Ascott Reit bestows 773,988 property units as manager fees
The CapitaLand Limited’s subsidiary receives the Ascott Reit units for a price of S$1.1919 each, aside from the cash payment of S$922,516.81 as management fees.
COSCO seizes two contracts worth US$70 mln
The marine engineering company has claimed the rights to build two bulk carriers of 92,500 dwt each due on November 2011 and January 2012, respectively.
Massive flow of foreign money into Asian stocks, Bonds
OCBC Bank is reporting a massive flow of money into Asian stocks and bonds over the last week, which is one factor behind the continued strength of the Singapore dollar.
Singapore unlocks potentials of nanoimprinting technology
Gives industry access to research eco-friendly technology that turns ordinary material surfaces into multi-role surfaces.
Sembcorp Marine profit up 28% to $176mln
Said increase was for the second quarter but Group's turnover down 27% while operating profit was 21% higher and pre-tax profit rose 26%.
Trading in Singapore Exchange grows in July
Securities daily average trading in July up 16% while that of futures and options increased 8%.
Changi Airport ready for 2010 Youth Olympic Games
Assigns dedicated immigration lanes for athletes while putting up sports carnival and live screening of games across terminals.
Singapore's prime rents up 3% in the second quarter
Despite demand growth, Asia's increased level of office space enquiries didn't immediately translate into leasing deals.
CapitaLand subsidiary acquires remaining 39.24% stake in Eurimeg
Takeover empowers group to exercise full management control over decisions for serviced residences.
Singapore Airlines strikes deal with Changi Airport and STB
Tie-up to make Singapore a premiere holiday destination by enabling tourists to visit new attractions.
ST Engineering profit up 34% to $124mln
Said figure was for the second quarter of the year while $2.2bln of company's $11.3bln order book is expected to be delivered in the second half of 2010.
July manufacturing and electronics PMI expected to moderate
These are in comparison with June readings of 51.3 and 50.5.
Tiger Airways appoints Mr Chang Long Wee as Non-Executive Director
Ms Lim Siew Lay was also appointed while Mr Lee Chong Kwee was re-elected following the retirement of Mr Chan Hon Chew, Mr Jack Koh and Mr Maurice Mason.
Cosco profit jumps 85% to S$68mln
The Group, however, is working to improve productivity after retrenching 1,500 employees and as it took more time to build new vessels compared to competitors.
SGD approaching near record high against USD
The Singapore dollar is now being closely watched, with the market showing preference to stay invested in Asia.
Helutrans ups Chatter at work
It's the business equivalent of social networking – only more secure and more reliable.
Digital media alliances between China and Singapore flourish
18 deals signed on sidelines of Shanghai World Expo, including a S$100mln venture capital fund.
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