News
Changi Airport passengers up 16% in July
Growth led by increases in passenger traffic to 25.1% in Northeast and 21.5% in Southeast Asia.
Changi Airport passengers up 16% in July
Growth led by increases in passenger traffic to 25.1% in Northeast and 21.5% in Southeast Asia.
MaxLee Development borrows S$220 mln from UOB and OCBC
The joint venture company raises funds for the development of the Executive Condo in Sengkang E3 and Sengkang East Avenue.
SMX and TOCOM deploy KVH-SingTel low latency network solutions
KVH and Singtel partnership offer ultra low-latency capability expansion for improving liquidity in and SMX and TOCOM.
CapitaLand subsidiary sells 49% stake in OneSentral Park
Group also dissolves dormant wholly-owned subsidiaries: Telok Ayer Properties and Ventura Development.
Wilmar buys Windsor & Brook Trading
The agribusiness company continues to delve into the sugar business.
Olam subsidiary to build cotton ginning plant in Mozambique
US$6mln factory to increase Olam Mozambique production to 60.000 tonnes and workforce to 75,000.
Singapore Airlines hands donations to save rainforests
The airline company donates US$ 3 million to Harapan Rainforest Initiative.
Ascott Reit to raise $1.39bln properties in Asia and Europe
The property manager will acquire two Asian and 26 European properties, as well as divest Ascott Beijing for $301.8 million.
Olam International inks joint ecozone project with Gabon
The manager and producer of agri products is investing US$12 million equity in the SEZ development project for a 60% stake.
Thai Airways evaluating partnership with Tiger
Thailand carrier assessing if 65.8mln Tiger shares at discounted price of S$1.90 will affect alliance plan.
Asia Pacific commercial property markets offer attractive investment opportunities
Singapore office markets among the top five in region, whose all-property Fair Value Index at 67.
SingTel strikes deal with Avnet Technology Solutions
Partnership to strengthen both parties’ ability to provide SMEs with one-stop ICT experience.
ST Electronics to solve crimes with new US$8 mln contract
ST Engineering’s electronic arm secures contract to provide SMART vehicle and asset tracking devices for recovery of stolen vehicles and goods.
Ho Bee to yield S$31mln for sale of investment properties
The property group sells its TG Building in Tagore Lane and divests part of its commercial portfolio at Samsung Hub.
Businessman loses $18m at RWS casino in one day
Total losses, incurred over three gambling days, amounted to $26.3 million, said TODAY.
COSCO delivers "FANTASTIC"
The shipping and marine group completes delivery of the 189.99-meter long bulk carrier.
Singapore casinos pose threat to Las Vegas
Singapore is already rivaling Las Vegas with its two major casinos as analysts forecast combined revenue of as much as $5.1 billion for 2011.
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