News
Great Eastern Holdings takes over Malaysia's Tahan Insurance
Completion of $6.43mln acquisition from Bank Negara through Overseas Assurance Corporation Malaysia expected on fourth quarter.
Great Eastern Holdings takes over Malaysia's Tahan Insurance
Completion of $6.43mln acquisition from Bank Negara through Overseas Assurance Corporation Malaysia expected on fourth quarter.
Olam International to establish Cote d'Ivoire cocoa site
S$58.7mln plant will process 60,000 metric tonnes of cocoa beans into cocoa liquor, butter and cake.
DBS joins triResolve for OTC derivatives portfolio reconciliation
triResolve has been able to reduce reconciliation run times by 85% since DBS adopted the service.
Keppel Shipyard acquires contract to modify FPSO OSX-1
The vessel is scheduled to leave Keppel Shipyard in the second quarter of 2011 to be deployed in Brazil.
CapitaMalls Asia launches three more subsidiaries
As part of its ongoing business developments in Singapore, CMA is establishing a trust service company and two investment holdings.
SGX lists Deutsche Bank
The lender puts on efforts to reinforce position as leading provider of custody and clearing-related services in the region.
Soilbuild Group to divest Penjuru Hub for S$60mln
The property developer anticipates a gain of approximately S$16.3 mln from the divestment.
CapitaLand subsidiary issues S$350mln 4.3% fixed rate notes
Proceeds of notes due 2020 under S$3bln multicurrency medium term note programme to finance new investments.
Talkative colleagues the most distractive influence at work
49% of Singaporeans polled said talkative colleagues most time-consuming distraction while 31% said emails and net browsing.
Tiger Airways to land in Manila on 31 October
Tiger’s low fares now accessible to all of Philippines with Manila as gateway, aside from Clark.
Singapore's visitor arrivals seen to increase by 7%
STB expects visitorship of between 12 to 12.5mln this year and 17mln by 2015.
Sembcorp Industries dismisses inactive subsidiary
The utilities and marine group has put SUT Seraya Pte Ltd under Member’s Voluntary Liquidation.
SingTel's mioTV garnered first quarter $14mln income
With customer base of 220,000, mio TV has become key factors in company's competitive strategy.
NOL Group finalises 12-ship order for Daewoo
The global shipping and logistic company now has a total of 12 vessels on its orders list with the addition of two 10,700-TEU vessels.
ComfortDelGro profit up 1.6% to $58.2mln
Group said growth would have been stronger had $15.2mln negative foreign currency translation effect is lower.
Fraser and Neave's 9 months profit up 60%
Group divested glass manufacturing unit for a $310mln cash consideration as it garners 8% revenue growth.
CapitaLand toughens holding units in Ascott Reit
In an effort to organize asset ownership, the property giant transfers its entire interest in Somerset Capital to The Ascott Limited.
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