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Heineken-APB divests 21% stake in Kingway Brewery
The issued share capital is worth RMB1.08 billion or S$205 million.
Heineken-APB divests 21% stake in Kingway Brewery
The issued share capital is worth RMB1.08 billion or S$205 million.
Hendra Lembong joined JP Morgan as Asia Pacific Head of Cash Management
Along with Hendra Lembong, Adrian Godfrey also joined the firm as Asia Pacific Head of Client Service and Implementation Management for JP Morgan's TS business.
Singapore Airlines to launch flights to Sao Paolo
These flights mark Changi Airport's first direct air link with South America.
Tender for Robertson Quay closed with 9 bids
Novel Developments and New Vista Realty submitted the highest bid of $127.76 million.
Qatar Airways launches flights to Stuttgart
Stuttgart is the fourth German route of Qatar Airways.
Singapore ranked 4th in the Index of Women's Advancement
Australia outranked 14 markets in Asia/Pacfic with an overall score of 83.8.
Amber Glades sold enbloc for $118.1mn
Far East Organization have bought Amber Glades enbloc site through a collective sale.
PUB selects Hyflux as bidder for largest desalination plant in Singapore
Hyflux will form a concession company to enter into a Water Purchase Agreement with PUB by April 2011.
75% of City Developments' launched units sold over weekend
The 521-unit H2O Residences sold 150 out of 200 units over the weekend.
Average age for female directors in Singapore is around 5 years younger than male directors
The average age for female directors is 54.7 while the average age for male directors is 59.2.
Keppel to build US$195mn jackup for Mexican company
Keppel AmFELS to further strengthen years of collaboration with a contract for our third newbuild jackup rig together with Perforadora Central.
Neptune Orient Lines likely to be affected by the 15% oil price increase
The liners may not be able to fully pass on the higher fuel costs in the short term, especially given the seasonally weak period now.
Rare development opportunity put up for collective sale by tender
The 893,219 sf site, near Holland Village and zoned for residential use, has a gross plot ratio of up to 2.1.
Global Marine Boiler and Engineering convicted of tax evasion
GMBE was ordered to pay a penalty of $421,282.08 and a fine of $8,000 for under-reporting profits amounting to $780,152 for YA 2008.
Productivity and innovation boosted with tax deferral
Companies that tap the Productivity and Innovation Credit scheme can defer paying their taxes for a year.
Darien Bradshaw joins CBRE's Asia Pacific residential team
He will join the team as Executive Director, International Project Marketing and will be based in Singapore.
UOL and Singapore Land emerged as top bidder for Reservoir Road tender
The duo put in a top bid of $320 million or $465psf ppr, said DBS.
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