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Singapore Changi Airport passenger movements up 11.9% in January 2011
Traffic on low cost carriers grew 27% compared to a year ago.
Singapore Changi Airport passenger movements up 11.9% in January 2011
Traffic on low cost carriers grew 27% compared to a year ago.
Swiss Re reported US$863mn net income for 2010
The high net income reflects the sustained earnings power of its business and the strength of its client franchise.
CapitaMalls Asia profit jumped 9% in 2010
Profit after tax and minority interests came in at $421.9 million for FY2010.
Keppel bags US$380mn worth contract from Transocean
As part of the agreement, Keppel will build two high-specification jackup rigs based on the KFELS Super B Class Bigfoot design.
ST Engineering subsidiary sells 100% equity interest in PT PMB Indonesia
The agreement is to sell the equity interest to Mr Reza Dwi Nugroho for a cash consideration of about $470,000.
Temasek launches US$5bn euro-commercial paper programme
The commercial paper programme will supplement Temasek's strong liqudity and the proceeds will be used to fund their business.
Citigroup partners with SGX as new depository bank
SGX is enhancing its suite of American Depository Receipts by adding new companies from other Asian countries and partnering a second depository bank.
ST Engineering bags $185mn shipbuilding contract
VT Halter Marine, ST Engineering's US shipyard, has been awarded a shipbuilding contract from Honolulu-based Pasha Hawaii.
CapitaMall offers $200mn worth of bonds
The bonds will be in aggregate principal amount of 2.00 per cent due 2013.
Great Eastern 2010 profit down 1.84% to S$507.2mn
Yet year-on-year total weighted new sales rose 20% to S$723.8mn, driven by the strong growth of 34% in regular premium products.
Keppel bags 2 jackup orders worth US$1bn from Maersk
Keppel FELS’s excellent performance and consistency made Maersk chose the Singapore company in building high capacity rigs.
ST Engineering 2010 profit up 11% to $491mn
Order Book reaches $11.5b, of which about $3.7b is expected to be delivered in 2011.
CEO Lucas Chow resigns from MediaCorp
Chow will be resigning from the company as its CEO on 31 July 2011.
ComfortDelGro full year profit up 4.1% to $228.5mn
Group revenue would have increased by 6.8% to $3.26 billion if not for the negative foreign currency translation effect as its overseas revenue accounted for 43.0% of Group revenue.
Singapore Post sells pawn broking unit
Divestment will allow its resources to focus on other strategic opportunities like regional logistics and e-commerce.
Upgrading schemes launched to boosts SME productivity
Enhanced measures to help more SMEs exceed S$100M in annual revenue.
Olam International net profit dropped 1.3% in 1H 2011
Net Profit After Tax including exceptional gain was $175.5 million compared to $177.9 million achieved in 1H FY2010.
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