News

Chin Yau Seng now running Tiger, Tony Davis new Australia CEO as airline fights for survival downunder

Aussie regulator applies to extend flight ban as Tiger axes Aussie CEO Crawford Rix and Mr Chin assumes responsibilities of Mr Davis.

Chin Yau Seng now running Tiger, Tony Davis new Australia CEO as airline fights for survival downunder

Aussie regulator applies to extend flight ban as Tiger axes Aussie CEO Crawford Rix and Mr Chin assumes responsibilities of Mr Davis.

Government ‘rides the waves of change’ with eGov2015

eGov2015 was developed with inputs from the people, private and public sectors and will guide public agencies in the implementation of new ICT programmes over the next five years.

Unhappy chappys: Business optimism in Singapore falls by 6%

Cheer up, they are even more pessimistic in Malaysia, but can you blame them?

Lull’s over: Industrial property rentals on a tear in 2Q 2011

Prime factory and warehouse spaces see fastest quarterly growth of 6-7% in average monthly gross rents in 3 years.

Cloud computing pose positive impacts on Singapore telcos

SingTel is well positioned to provide end-to-end cloud-based IT systems for corporate customers, says UOB Kayhian.

CASA’s decision on extending grounding of Tiger Airways possible today

Australia’s Civil Aviation Safety Authority (CASA) confirmed to SBR that it will work all day long today, July 6, to determine if Tiger Airways ban from flying to Australia warrants extension.

Tiger defends safety reputation saying that Singapore regulators had no safety concerns over them

 In a statement relayed to Singapore Business Review this morning, Tiger Airways confirmed that at least for Singapore-based operations, the Civil Aviation Authority of Singapore (CAAS) has no issues on safety.

Temasek raises almost $4b via stakes sale

It sold its stakes in China Construction Bank and Bank of China.

Tiger Airways' losses could top $12 million if grounding continues for up to 40 days

The airline could lose $2 million per week for up to six weeks.

Banking bonanza: Asia-Pac investment banking revenue booms 32% to a record $6.1bn

UBS ranked first with a 5.6% market share in 1H 2011, followed by Goldman Sachs and Credit Suisse.

SGX derivatives volume increased 17% to 6.1 million contracts

Total securities trading turnover also rose 7% yoy to $28.1 billion in June.

Oversupply looms over the horizon

The shipping industry could face shaky waters if demand lags amidst entry of new and bigger vessels.

NOL charts new direction

Its strategy now is chartering 70% of overall capacity, making it flexible to reduce fleet count during a slowdown.

Asia Pac debt markets jump 26% to a record $368.6b

Asia Pacific corporate issuers raised a record $176.5b, up 38% from last year’s $127.8b.

Asia Pac mergers & acquisitions down 7% from 2H 2010

Cross region outbound volume fell by 19%, according to Dealogic.

Singaporeans are self-centered, shows survey

Only 15% rated others high on graciousness but 43% gave themselves high graciousness ratings.

Office rents keep on rising despite influx of new space

Commercial property rents remain high despite the foreseen entry of as much as 3mln sq ft of new office space.