Singapore

Midas rips two contracts totaling RMB 130 mln

The manufacturing company will be supplying aluminum alloy extrusion profiles for 480 train cars in China.

Midas rips two contracts totaling RMB 130 mln

The manufacturing company will be supplying aluminum alloy extrusion profiles for 480 train cars in China.

CapitaMalls' RM1.0 bln fund proposal is not yet final

CMA clarifies the details of the billion ringgit proposal in response to a story published by The Business Times on 17 July.

Singapore property market segments rebound in 2Q 2010

Estimated 19.3% economic growth made buyers upbeat on property but caution on European debt crisis remains.

Temasek's first offering of sterling-denominated bonds oversubscribed

Buyers bid for double the securities on offer despite sterling bond sales halved to 53bln pounds.

SingTel increases finance unit's share capital to S$50mln

SingTel Treasury had only S$2 share capital before parent company injected $50mln.

Neptune Orient Lines container carriage up 29%

NOL's average revenue per container in June jumped 32% from a year ago to $2,892.

Holland Tower in District 10 is for sale

Jones Lang LaSalle opens rare opportunity to purchase by tender the 21,879 sq ft, 14-storey site.

Templeton reduces Parkway stake to 4.97%

US fund manager sold 357,000 shares as Khazanah and Fortis fight for control of Parkway.

SMRT rail ridership up 12.3% in June

Increased connectivity of public transport and high costs of car ownership boosted ridership growth.

ST Aerospace to establish Guangzhou aircraft repair facility

ST Aerospace owns 49% of S$136.21mln, 147,000 square metre of commercial aircraft heavy maintenance facility.

TMS to conduct 2010 travel industry salary report survey

TMS Asia-Pacific CEO said the 2010 survey will be more significant than the surveys in the previous years, after following a 3-year economic inconsistency in the travel sector.

Amara Group to open hotel in Thailand

The Singapore lifestyle group will enter the Thai market as Amara Holdings Limited's hospitality arm, Amara Hotels & Resorts, develops a 272-room hotel in central Bangkok.

URA announces two residential areas up for grabs

The two residential sites at Jalan Eunos and Buangkok Drive/Sengkang Central will together make available a total of 1,020 housing units.

DBS to issue European Style warrants on CapitaMalls shares

The 30,000,000 proposed warrants, priced at S$0.202 each, should entice possible investors.

iPad to land on Singapore on Friday

Singaporeans can get the innovative gadget whose prices range from S$728 to S$1228 from authorised dealers.

Etika to acquire Malaysian pasteurised milk manufacturer and distributor

S$38.5mln takeover of SLAJ and SLAM will enable Etika to expand to wider ready-to-drink dairy segment.

Tiger Airways to double flights to Jakarta

Scarce rights reallocated from other airlines to Tiger to drive competition further with low fares.