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UAE assures protection for Singaporean investors with new rules
Above all else, the agreement fosters non-discriminatory, fair and equitable treatment for Singapore investors and investments in the UAE, and vice versa.
UAE assures protection for Singaporean investors with new rules
Above all else, the agreement fosters non-discriminatory, fair and equitable treatment for Singapore investors and investments in the UAE, and vice versa.
Singapore’s largest newbuild jack-up rig by Jurong Shipyard bound for the North Sea
The rig has secured a five-year contract from leading energy company Statoil for deployment to the Norwegian Continental Shelf.
Port employees to undergo new specialised training
The Port Services Workforce Skills Qualifications Framework will start with specialisation tracks for lashing specialists and mobile equipment operators.
Hotel site at Kallang Riverside released
The precinct will have a wide range of uses developed within a park and riverfront setting.
Customs of Singapore and Japan sign deal on supply chain security
This is good news for Singapore’s certified companies as they would be recognised by Japan Customs to be of lower risk, resulting to expedited release of their goods.
SGX delays removal of midday trading break
Full-day continuous trading won’t start until the third quarter to supposedly ensure investors are ready.
Cebu Pacific orders 37 new Airbus aircrafts
The Philippines’ largest national flag carrier ordered 30 new Airbus A321neo and 7 A320 aircrafts valued at US$3.8 billion, the largest single aircraft order ever made by a Philippine carrier.
Gambas Avenue / Gambas Crescent industrial site released
It can be developed for light industry, clean industry, utilities or telecommunication uses.
West Coast Link / West Coast Crescent site attracts record number of bidders
Twelve developers participated but bids were said to be conservative. Highest bidder was Boo Han Holdings Pte. Ltd. with $176 million.
Consortium formed for biomedical R&D
This as niche players with narrow range of services are said to be put at a disadvantage when competing with larger providers.
Retail rent in Orchard/Scotts Road rises to S$40 psf
The gross rent of retail space in other city areas also grew by 0.6% to S$24.05 psf.
OCBC’s Bank of Singapore eyes China operation
The private banking operation will be targeting mostly entrepreneurs who are looking at wealth-boosting investment opportunities.
URA closes tender for Irving Place site
Oxley Vista outbid others with $43 million.
Australia signs $13bln deal with SingTel and Telstra
The network deals are part of NBN’s $38 billion plan to deliver high speed internet to Aussies.
MAS seeks views on residential property loans fact sheet
Among the proposed inclusions in the fact sheet are past trends in the benchmark rate of the loan.
University degrees cooked up for F&B workers
This is the first time F&B Workforce Skills Qualifications programmes are being articulated into university degrees.
Raffles City issues US$645 million bond
The five-year floating rate notes by Silver Oak is expected to mature by 21 June 2011.
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