Singapore

OCBC buys ING Securities for $10 mln

Oversea-Chinese Banking Corp (OCBC) has completed the acquisition of ING Securities Co Ltd.

OCBC buys ING Securities for $10 mln

Oversea-Chinese Banking Corp (OCBC) has completed the acquisition of ING Securities Co Ltd.

NUS, Peking and SPORE ink Sinomem as partner

Three universities sign a 5-year initiative to promote research education and commercialisation of environmental and water technology.

Grade A space in Singapore in short supply

Jones Lang La Salle said opportunities are not in Grade A spaces but to be found in Grade B and suburban markets.

SGX lists Bund Center Investment

The 763rd member of SGX has started trading under the ticker symbol Bund Center.

Pacific Healthcare to sell 73 mln shares to Al-Faiz

The 73,012,692 shares to Al-Faiz Fund I Limited represents an approximately 26% of the total existing share capital.

MAS introduces Olympic-themed coins

Singapore Mint is the distributor of the new Singapore 2010 Youth Olympic Games (Singapore 2010) Commemorative Coins.

SGX appoints Gan, Ramaswami as Co-Presidents

Singapore Exchange (SGX) announced on Wednesday a new organisation to better capitalise on emerging Asian opportunities in the global financial markets.

6 water companies to receive S$1mln R&D funds

EWI announces 6 companies to receive a million worth of research fund to carry out R&D and improve product offerings.

StorHub demands more time to seek approvals

Cap Store Pte Ltd and Hersing Store Pte Ltd have rescheduled the completion of its Storhub acquisition from 30 June 2010 to 31 July 2010.

Keppel opens Waste-to-Energy plant for Singaporeans

The new Keppel Seghers WTE Plant has the capacity to treat 800 tonnes of solid waste a day to generate more than 20MW of green energy for Singapore’s energy supply.

MTI confirms 19.92 hectares for IGLS programme

The Ministry of Trade and Industry launched its Industrial Government Land Sales programme, which includes seven sites, for the second half of 2010.

Prime office rents stabilise after falling 60% from peak

Office occupancy in Singapore rose by 0.8 percentage point quarter-on-quarter to 93.2% as a result of growth in demand.

K-Green named 762nd member of SGX

A business trust company established and sponsored by Keppel Integrated Engineering becomes the first Green Infrastructure Trust to be listed on the SGX.

Up-market home sales dropped in Q2

Sales of high end homes moved slowly in Q2 as foreign investors held back their purchases on fear of weakened foreign currencies against Singdollar.

Kim Eng increases shares for $2.3 mln

Kim Eng Holdings Limited’s SAPL has acquired the remaining 10% equity interest in St. Michael’s for $2,327,331.77.

Singapore gets top country risk rating

Coface upgrades Singapore’s country rating from A2 to A1 making it the safest place to do business.

DBS introduces new card design

The bank releases a new card design featuring Singapore’s skyline.