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CapitaMall Trust second quarter distribution up 3.1%

Unitholders can expect to receive their distribution per unit on 26 August 2011.

CapitaMall Trust second quarter distribution up 3.1%

Unitholders can expect to receive their distribution per unit on 26 August 2011.

UOB to grow private bankers headcount fivefold

The lender currently has only 40 private bankers.

CapitaLand to operate serviced residences in India

Its new subsidiary Citadines Richmond Hospitality has approximately S$2,700 worth of share capital.

K-REIT Asia buys 50% stake in premium grade office building in Sydney

The property is amounted to up to S$223.3mn and fully-equipped with state-of-the-art facilities.

Singapore Airlines and Transaero Airlines ink codeshare pact

The agreement gives SIA customers new travel choices in Russia via Moscow and Singapore flights.

Ming Arcade up for collective sale by tender

The redevelopment site, located on 21 Cuscaden Road is zoned ‘commercial’ with a gross plot ratio of 4.2+ and an allowable building height of 20 storeys.

Ready for takeoff: Jetstar plans $500m investment in its Singapore hub

The budget airline of Qantas will also add five Airbus A320s and two A330s to its Singapore operation.

Singapore Airlines stepping up in northern winter schedule

With the new schedule, Singapore-Guangzhou services will double, to 14 flights per week from seven. while frequency between Singapore and Mumbai will increase to 17 flights per week from 14.

Changi Airport serves 4mn passengers in June

For the first half of 2011, the airport handled 22.4mn passengers, up 10.7% while low cost carriers led the growth in passenger movements, increasing 25.2%.

Keppel Shipyard to deliver FPSO Aseng for Equatorial Guinea

The oil tanker can process 80,000 barrels of oil per day and can store about 1.7mn barrels of oil.

Jetstar Asia to offer Hanoi-Singapore flights

Rising travel demand also pushed the budget airline to add a daily flight between Singapore and Ho Chi Minh City.

UOB to set up $400m US property fund

The bank is partnering with UK asset management company Hermes.

SPRING Singapore joins forces with groups to ensure safer toys

The agency is tasked to ensure that the toys sold in Singapore must conform to applicable international, national or regional safety standards.

Sembcorp Marine’s subsidiary inks S$600mn integrated processing platform deal

The platform to be installed at a water depth of 150 meters in Block M9, in the Andaman Sea, offshore Myanmar..

Singapore and Saudi Arabia ink new tax agreement

Tax pact to ramp up economic ties between the two countries by allowing businesses to enjoy a range of new tax reductions and exemptions.

Asian companies have ‘head in the sand’ in IPv6 adoption

Most enterprise customers are continuing to resist pressure from the internet and telecoms industry to migrate to IPv6.