Singapore

MTI upgrades Singapore's 2010 growth forecast to 7%-9%

Manufacturing sector’s 139% expansion paved the way to increase GDP growth forecast from earlier 6.5%-7.5% estimate.

MTI upgrades Singapore's 2010 growth forecast to 7%-9%

Manufacturing sector’s 139% expansion paved the way to increase GDP growth forecast from earlier 6.5%-7.5% estimate.

Friven & Co. to introduce Hi-5 brand to China

Group’s subsidiary granted rights to create cast for Chinese market and produce own television shows.

Keppel marine arm to acquire Brazilian shipbuilding yard

US$50mln Keppel Singmarine Brasil eyed to build an average of 8 vessels a year.

Manulife Singapore hires Annette King as President & CEO

Her 20-yr all-around experience and track record of outperforming targets made her qualified for the position.

IDA simplifies telecommunication dealer licensing and equipment registration framework

Enhanced framework offers telecom licensees convenience as well as time and cost savings.

CapitaMalls Asia dogged in Japan but China rocking

The Japanese aren't shopping and CapitaMalls Asia outlets in Japan stand 20% empty, but the good news is China is rocking.

More government sites up for redevelopment

Over the last two weeks, the government has signaled an interest to release iconic projects and substantial land parcels for redevelopment.

A record 4.9mln passengers flew with Tiger in FY09

In the year ended 31 March 2010, the number of passengers that chose Tiger Airways saw a 54% increase compared to the previous year.

Sembcorp Marine's order book declined 38.6%

The marine and offshore engineering group is investing in three new shipyards as part of its expansion plans following a decline in its order book from S$9.0 billion FY2008 to S$5.5 billion in FY2009.

Media Development Authority launches International Animation Fund

Move aimed to support new animation co-productions in Singapore.

Aon Consulting strengthens human capital consulting team

Key leaders hired to boost Human Capital Consulting solutions offered in Singapore and Southeast Asia.

CapitaMalls puts up S$2bln EMTN Programme

The Euro-Medium Term Note Programme, established by CapitaMalls Asia Treasury Limited, will be unconditionally and irrevocably guaranteed by CapitaMalls Asia Limited.

Temasek now owns 5% stake: Cosco

The state investor has become a substantial shareholder of Cosco, next to China Ocean Shipping (Group) Company.

Lian Beng 9-month FY 2010 profit up 52%

Group expects further growth of company’s $17mln net from the booming private residential building sector.

DBS hires Morgan Stanley banker Tan Su Shan

Tan joins DBS as Managing Director and Head of Private Banking, succeeding DBS Hong Kong CEO Amy Yip.

Chinese version of “Guidebook for Audit Committees” launched

Chinese-speaking directors in Singapore and abroad can now access tools to improve auditing assessment and management.

A*STAR and EDB launch MEMS consortium

Bringing together 8 MNCs and local enterprises, the collaboration aims to grow Singapore’s Micro-Electro-Mechanical-Systems industry.