News

80% of NV Residences' launched 200 units grabbed

Units with average price of $830 per square foot snapped up in a private preview.

80% of NV Residences' launched 200 units grabbed

Units with average price of $830 per square foot snapped up in a private preview.

SingTel offer for C&W unlikely to happen

Telecommuncations company's statement on focusing its acquisitions in Asia-Pacific prompted analysts to rule out takeover reports.

Neptune Orient back to profit at $100mln

Sustained strong container shipping volumes and improving freight rates helped drive second quarter growth.

Tender for Jalan Eunos residential site closes

Five bids, highest of which is $257.78mln, indication of site's desirability to developers.

SGX strikes deal with NTU for sophisticated financial education

Partnership launches NTU-SGX Centre for Financial Education as key training centre for capital market professionals.

Keppel Land unlocking value from Barclays House

Tower 2 of commercial complex in Jakarta’s CBD to undergo S$95mln redevelopment into office tower.

J Y Pillay to quit SGX chairmanship

Board member Chew Choon Seng to be appointed as Chairman from 1 January next year.

Ascendas China Commercial Fund acquires Cross Tower

Grade A commercial property in downtown Shanghai with 42,000 sq. metres lettable area to be rebranded. Ascendas, Asia’s leading business space solutions provider, is pleased to announce on Monday the acquisition of Cross Tower, by the Ascendas China Commercial Fund (ACCF). Following the acquisition, Cross Tower will soon be rebranded.

Starhub profit projected to increase by 5.1%

Starhub’s net profit is projected to increase to S$216.5m in FY2010E following the announcement of plans for NGNBN, said Phillip Securities Research.

Cosco appoints Liu Guo Yuan Chairman

Li Jian Hong vacated the post after his appointment as president of China Merchants Group.

StarHub offers cloud-computing solutions for Next Gen NBN

Launches new plans and cloud-computing solutions as it aims to deliver 150+ pay TV channels.

SMX completes first trading, clearing and settlement cycle

Multi-product commodity and currency derivatives exchange builds upon its proven and scalable systems and risk management.

SGX sees sustained derivatives trading and OTC clearing growth

Reported 10% daily average value traded growth and 19% year-on-year surge in overall derivatives trading volume.

Singapore Airlines promotes Western Australia

Singapore Airlines partners with TWA to fund marketing campaigns and promote inbound tourism to Western Australia.

SingTel targets single-rate roaming network

Company plans to issue single charge for its pan-regional roaming network in eight Asian countries.

Singapore to invest $44bln to double rail network

Present rail network not enough for Singapore's growing population currently at around 5mln.

M1 offers 1Gbps plan and fixed voice service

Company provides a range of other competitive plans for high speed services using new fibre network.