News
Keppel Merlimau Cogen starts 800 MW expansion
The company’s S$900mln investment in the project will boost its generation capacity to 1,300 MW.
Keppel Merlimau Cogen starts 800 MW expansion
The company’s S$900mln investment in the project will boost its generation capacity to 1,300 MW.
Singapore Exchange lists Mapletree Industrial Trust
Listing of one of Singapore’s biggest developer coincides that of GETCO as market’s trading member.
Phillip Securities keep buy advice on Wilmar International
The acquisition of a sugar refiner in Indonesia and the launch of its loan and credit facility were factors that pushed Phillip Securities Research Pte Ltd to maintain its buy recommendations on Wilmar International Limited’s (WIL) with a new target price of S$7.03.
SGX, NASDAQ QMX partner to offer listing on both exchanges
Companies can soon avail the opportunities for listing on both the Singapore Exchange and NASDAQ QMX.
Changi Airport passengers up 15 percent in September
Double digit growth in traffic to southeast and northeast Asia pushed Changi Airport’s passenger movements to increase by 15.3% to 30.8 million passengers compared to the same period last year.
CCT's distributable income for first nine months in 2010 up 14.2%
Distributable income in the first nine months of 2010 increased by 14.2% to S$166.3 million from S$145.6 million during the same period last year, according to CapitaCommercial Trust Management Limited (CCTML).
Real estate transaction volumes in Asia Pacific increase by 8%
Investment volumes for Asia Pacific commercial real estate markets increased by 8% in the third quarter of 2010 to $29.6 billion, according to the DTZ Research’s Investment Market Update.
Neptune Orient Lines doubles 3Q10 net profit to $282 million in 3Q10
Higher container shipping volumes and rates pushed Neptune Orient Lines (NOL) 3Q10 net profit to increase by 102% to $282 million from $139 million, according to Phillip Securities Research Pte Ltd.
iProperty.com opens inaugural international property expo in Singapore
Event will reveal some of developments, understand how Singapore’s new property measures will affect investors.
Crying Tiger not flying Tiger: Air Asia Ad
In apparent reference to Tiger's recent spate of plane cancellations, rival Air Asia has begun running full page ads picturing a crying Tiger teddy bear with the caption "If tigers were meant to fly, they would be born with wings".
Noble Group Limited plans issuance of US$ perpetual capital securities
Noble Group Limited is plannng to issue US$ denominated perpetual capital securities as it targets to raise additional funds.
Keppel Land China secures S$376mln Chengdu prime residential sites
New acquisitions reflect continuous focus and seizing of opportunities to grow China portfolio.
M1 first nine months profit up 5.7% to S$119.6mln
Total customer base reached 1.892mln as the company added 43,000 new customers in the third quarter.
Tiger Airways launches membership card
Tiger Airways has soft launched its $29.95 Stripes membership card that targets to give members priority access to special fares and promotions.
Singapore Exchange net income down by 21% to $74.1 million in first quarter
Singapore Exchange (SGX) blames the lower trading value and subdued market activities to cause the 21% drop in net profit to $74.2 million in the first quarter of 2011 from $94.1 million during the same period a year ago.
URA private residential property sales down 28%
Jones Lang LaSalle expects full year’s sales volume to be higher than its previous projection to 14,500 units.
Asia Pacific sees resurgence in property investment volumes in Q3
Direct commercial real estate investments in Asia Pacific totalled US$18 billion this quarter according to Jones Lang LaSalle.
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