News
Singapore gets top country risk rating
Coface upgrades Singapore’s country rating from A2 to A1 making it the safest place to do business.
Singapore gets top country risk rating
Coface upgrades Singapore’s country rating from A2 to A1 making it the safest place to do business.
DBS introduces new card design
The bank releases a new card design featuring Singapore’s skyline.
Pirates hijack M.T. Golden Blessing
The Singapore-registered vessel was attacked by pirates on its way to India from Saudi Arabia while passing the Gulf of Aden on Monday.
Sembcorp signs MOU with UAE on water desalination project
The new seawater reverse osmosis facility is expected to cost approximately US$200 million and to be operational before the end of 2013.
NOL borrows US$1.5 bln for corporate purposes
The shipping company aims to raise funds after posting a net loss of US$741 million in 2009.
PST buys 2 ships for US$123.2mln
The shipping company acquires two new DWT Capesize Bulk Carriers saying it is now shifting to the non-container sector.
77% of businesses relate competitiveness to broadband network
Study showed that a strong Internet network and an ICT savvy workforce are crucial for a city’s competitiveness.
Angels to bless start-up entrepreneurs
SPRING Singapore will administer the Angel Investors Deduction Scheme to help seed and nurture innovative start-ups.
Visitor arrivals to Singapore up 30.3% in May
With 14 out of 15 markets registering growth, visitor arrivals reached 946,000 in May 2010.
Fortis clarifies Singh's statement
The company said Mr. Singh’s remarks has meant to state that the SIC has given Fortis until 30 July 2010 to announce whether or not the Company intends to make an offer for Parkway.
Employers to receive final payment from Jobs Credit
IRAS will give a total of $230mln to more than 100,000 employers on 30 June.
Singaporeans splurging again as spending capability rises 9.4 %
Markets saw an accrual in consumer spending as 65% of customers plan spending on dining and entertainment.
DBS authorises US$10 billion debt issuance programme
One of Asia's biggest financial institutions has established a Debt Issuance Programme to issue senior debt securities (the “Notes”).
Waterfront Gold introduces skypark in luxury project
Residents will be the first in country to enjoy skypark for leisure, relaxation and workout.
Keppel O&M clinches $50mln marine contracts
The group’s yards in Singapore and the Philippines build 3 transshipment barges to be deployed in Indonesia.
Grade A office vacancies soar in Q2 2010
Grade A office vacancy rose from 5.5% in Q1 2010 to 6.4% this quarter but Office Services say this is an anomalous finding.
Moya Dayen terminates former deputy chairman
The Catalist-listed environmental engineering firm terminated the services of John Lee Thian Guan, claiming he breached his employment contract by entering into a consultancy agreement with Dowtec.