Singapore

Asia Pacific Breweries unit takes over Rock Ember

The brewery acquired 75% stake of Rock Ember Limited from CHC Trustees.

Asia Pacific Breweries unit takes over Rock Ember

The brewery acquired 75% stake of Rock Ember Limited from CHC Trustees.

Novo Group profit soars 667% to $12mln

Gross profit up by 21.1% to US$55.7mln in FY2010 from $46.0mln in FY2009.

MAS: Singdollar stands firm

Singapore Dollar will remain strong amidst China's announcement on weekend that it will give the Yuan more space for flexibility.

MasterCard strikes deal with Resorts World Sentosa

MasterCard Worldwide signs a “strategic” agreement with Resorts World Sentosa today, giving it full access to promote the world-class integrated resort to its cardholders.

Property affordability weakened amidst 46% decline in launches

Property giant Capitaland reported that the rise in property cost in Singapore has weakened affordability and indicated a debt service ratio of 39% at IQ’10 but “remains healthy".

Nanotechnology continues to create demand for the industry

Nanotechnology, touted as the key to unlocking a new generation of materials and devices with revolutionary properties and functionalities, continues to create a huge demand in the global industry.

DBS eyes 20% staff surge in China

Majority of hire to be designated at retail banking arm as lender seeks growth.

Amsterdam Court favours Sembcorp and Biwater over Cascal

Sembcorp hailed positive decision following denial of a Cascal motion by the United States District Court.

Total trade dropped by 1.7 percent in May compared to April

On a m-o-m SA basis, Non-oil Domestic Exports decreased marginally by 0.1 percent in May 2010 due to lower sales of non-electronic NODX.

King Wan sells its 30% Cables International stake

Move brought in $9mln on investment made seven years ago from divestment of associate company.

Singapore expands bilateral air services deal with Greece

Deal enables both countries to operate unlimited cargo flights and unlimited hubbing rights between countries.

Parkway Holdings caught in control battle

Malaysia's Khazanah made a $835 million offer to lift its stake amidst plans of India's Fortis Healthcare to build a controlling stake in Singapore-based Parkway.

Singapore to ratify ILO Convention on Tripartite Consultation

Move to institutionalise and strengthen tripartism to undertake effective consultations on ILO activities between the sectors.

IDA awards Rednano call-for-collaboration under Digital Concierge Programme

Company shares its rich directory content with companies offering mobile services for retail and F&B sectors.

Kohler Uninterruptible Power inaugurates SEA headquarters in Singapore

Company established first office outside US and Europe as it capitalises on strong potential in Southeast Asia.

Yongnam seals $35.9mln contract for Marina Coastal Expressway

Total contract value for Yongnam’s all six contracts for MCE is $363mln.

EMA appoints board and officers for Singapore LNG

Move pushes SLNG forward towards a full-fledged liquefied natural gas business enterprise.