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ST Aerospace gets green light for aircraft repair facility in China
ST Engineering’s aerospace arm has received the business licence from the Administration of Industry and Commerce of the Guangzhou Municipality to establish its aircraft repair facility in the region.
ST Aerospace gets green light for aircraft repair facility in China
ST Engineering’s aerospace arm has received the business licence from the Administration of Industry and Commerce of the Guangzhou Municipality to establish its aircraft repair facility in the region.
Landlords cashed in on economic boom in 2010, hiked office rents by 12.6%
Rental and capital value of office space rebounded in 2010 from bottom in 2009, leases in the central region increasing 4.7% in 4Q2010 compared to 6% in previous quarter.
Olam takes over UK food ingredients company for US$50mln
The Singaporean food products company’s acquisition of 100% in equity interests in Britannia Food Ingredients Holdings Limited and Britannia Storage and Distribution Limited will take place within the next three years.
Homes bound to be 20% cheaper due to latest round of cooling measures
Buyers are seen to adopt a "wait and see" attitude for the market's response to the latest set of government measures announces January 13.
Fine, provisions send Singapore Airlines Q3 net down
Singapore Airlines reported a lower third quarter net profit.
Singapore private property new sales volume up 17%
PropNex estimates an overall 5–8% growth for private residential properties, while different types of properties will see varying growth rates.
Home prices up 17.6% in 2010
Prices of non-landed properties increased by 14.0% for year of 2010 as a whole.
CapitaLand acquired Marine Point for $100.68mln
Total acquisition cost works out to $1.056 per square foot per plot ratio.
Bank of Moscow placed $150mln worth of Singapore bond
The 2-year bond had a yield of 4.25%, said OCBC.
Singapore ranked 4th in Asian hotel investments
Japan led the market activity with $600 million worth of transactions.
Singapore dominated hotel markets in Southeast Asia
The two new integrated resorts in Singapore have provided a significant boost to the market.
Ascott enters JV to develop 203-unit Citadines Galleria Bangalore
Ascott to expand presence in India by adding 1,600 apartment units across seven properties in Bangalore, Ahmedabad, Chennai and Hyderabad.
Singapore Exchange lists Malaysia Smelting Corporation
The listing served as an endorsement of MSC’s strong business fundamentals and industry prospects.
Sluggish manufacturing figure for December poised to drag 2010 GDP down
Industrial production’s “disappointing” +9.0% yoy (-11.8% mom sa) reflects the ongoing volatility in the pharmaceuticals industry, according to OCBC.
Talent shortages fuel attrition threat
71 % of employers say their staff are being poached for more money.
Manufacturing growth to slow down in 2011
After the strong rebound in 2010, global restocking tails off and growth in the electronics sector is expected to slow down.
Singapore employees likely to receive 8% salary increase in 2011
10.8 per cent of Singaporean respondents said they will give a salary increase of 8 per cent or more in 2011.
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