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Residential site at Bedok Reservoir Road received 8 bids
The top bid of $320 million or $465 psf/plot ratio translates to a breakeven cost of around $800psf.
Residential site at Bedok Reservoir Road received 8 bids
The top bid of $320 million or $465 psf/plot ratio translates to a breakeven cost of around $800psf.
Singapore Airlines A380 engines reveal oil leaks
Singapore Airlines discovered five oil leak cases on the Rolls-Royce Trent 900 engines powering its Airbus A380 planes.
Standard Chartered Singapore posted record income of US$1,738mn for 2010
A record operating profit of US$718 million was also reported for the financial year 2010.
National Productivity Fund utilizes $500M for 2010 drive
The National Productivity Fund used up about S$500 million in 2010 to boost productivity.
Keppel O&M buys 27.8% stake in Dyna-Mac Holdings
The group’s strategic investment fortifies capabilities in floating production topsides including Floating Production Storage and Offloading vessels.
SGX February securities turnover up 32% to $31.5bn
Derivatives volume during the same period surged 39% to 5.2mn contracts from the previous year while the average daily volume was 300,493 contracts.
Life Insurance Association re-elects Tan Hak Leh as President
Tan Hak Leh has been re-elected for a second one-year term.
Singapore to host 67th Annual General Meeting of International Air Transport Association
The 67th IATA AGM is the aviation industry's premiere executive event and attracts about 800 delegates.
Bank Julius Baer appoints Peter Siber as Chief Risk Officer Asia and Middle East
The appointment is in line with the Bank's commitment to grow Asia as its second home market.
Singapore Exchange proposes to list rubber futures on derivatives platform
This is part of SGX's plan to bring all commodities contracts onto one single trading platform.
Singapore Exchange lists Dyna-Mac Holdings to mainboard
Through the listing of Dyna-Mac Holdings, Singapore Exhchange boosts its maritime and offshore cluster.
SingTel priced US$600mn 10.5-year notes at 4.5%
The order book closed after registering approximately US$1.8 billion of interest and was oversubscribed by more than three times.
URA awarded tender for industrial site at Kaki Bukit Road 4 to Soon Hock Realty
The Company submitted the highest bid of $41,399,900 in the tender for the site.
2 Board members stepped down from Sentosa Development Corporation
Hiew Yoon Khong and Grant Lewis Kelley have completed their terms of office and will step down from the SDC Board.
URA places Hillview Avenue site up for public tender
The Urban Redevelopment Authority has placed a 1.4-hectare site at Hillview Avenue for commercial and residential use up for public tender. It has a potential housing yield of 370 units while up to 15 per cent of the total gross floor area can be put to commercial use.
Cosco Shipyard secured over US$130mn worth of contract
Two units of self erecting tender drilling rig will be constructed by COSCO Shipyard.
DHL appoints Chris Bresnahan as Head of Network Operations
Chris Bresnahan, who will be based in Singapore, has been promoted into the critical role of operations head for Asia Pacific, Eastern Europe, Middle East and Africa region.
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