Singapore
Abacus International optimistic on 5% travel bookings growth
Emerging markets and ancillary products sale make company upbeat despite 1% 2009 overall bookings decline.
Abacus International optimistic on 5% travel bookings growth
Emerging markets and ancillary products sale make company upbeat despite 1% 2009 overall bookings decline.
Sing Holdings profits up 307.2% on strong residential sales
Company's launching of The Laurels is seen to boost profits further in 2010.
Marina Bay Sands set to open 27 April
$5.5 billion resort's Sands SkyPark and its grand opening celebration to follow on 23 June.
GlobeCast establishes Singapore content acquisition and distribution division
Division will manage content providers in releasing content rights and licensing to major networks and hotels.
Tiger to fly to three new Indian destinations
The airline, which currently serves two destinations in south India from Singapore, is exploring flying to Trichy in Tamil Nadu and to Trivandrum and Kochi in Kerala state.
SuperBowl profits up to $6.4 million on stable property rental and bowling earnings
Group was able to achieve a turnaround despite revenue drop from Funworld and Supercue.
Koh Brothers profits down 61% on exceptional gain
Net falls despite 55% surge in revenue due to real estate and construction materials sales increase.
ARA profits up 32% on acquisition and performance fees
Group completed ARA Harmony Fund and its real estate management services business division for future development.
Sembcorp profits up 63% on more rig building projects
Yet Group's 2009 4Q turnover slid by 17% due to timing of revenue recognition.
Property tax changes benefit low income earners: PropNex
PropNex CEO Mr Mohamed Ismail said the Budget 2010 aims to level the playing field further, especially for the lower-income bracket households.
Warren Buffet's 2ic praises Singapore in parable about America gone wrong
Charles Munger lauds the concept of good regulation in the form of a "good father" "Benfranklin Leekwanyou Vokker" as the right way to run an economy as America sinks into the abyss. Munger is Warren Buffet's right hand man at Berkshire Hathaway.
Resorts world to lease Tiger planes
Resorts World has entered into a deal to lease its first plane from Tiger to fly in the punters from around Asia starting later this year.
Measures take effect to ensure a stable property market
The Government introduced a Seller’s Stamp Duty (SSD) and lowered the Loan-to-Value (LTV) limit to 80% for all housing loans.
OCBC 2009 profit up 12% on non-interest income surge
37% growth in non-interest income together with lower cost-to-income ratio helped lender earn S$1,962mln.
75% of Singaporeans satisfied with current beauty spending
91% don’t follow trends without thorough beauty product knowledge as prudent Singaporeans seek more holistic benefits.
CSFI/PwC report warns of Asian banking risks
PricewaterhouseCoopers LLP Asia Financial Services Leader Dominic Nixon talks about the Banking Banana Skin Survey 2010 and what bankers in Asia fear the most.
Julius Baer hires Eddy Tai as Asia Head IT
Eddy Tai's role in Asia & Middle East strengthens bank's regard to Singapore as Asia hub.