News

PropNex supports new MND proposal on industry regulation

Company sees Council for Estate Agencies as a body that furthers the professionalism of the industry.

PropNex supports new MND proposal on industry regulation

Company sees Council for Estate Agencies as a body that furthers the professionalism of the industry.

Keppel Land wins award for strategic Lakeside development

It plans to develop more than 500 homes on the 1.6 ha-site which drew keen bids.

Singapore medium-sized firms face talent sourcing problem

55% of businesses earning $1mln to $45mln yearly see finding competitive staff their key problem.

MND eyes forming new board for estate agencies

Ministry will introduce bill to Parliament 2H 2010 to raise professionalism of real estate agency industry.

Sembcorp: We did not breach any law in Cascal bid

Sembcorp's statement was in response to Cascal's filing of legal proceedings in the New York District Court as the US-listed Dutch water company seeks recovery of damages.

URA awards Lakeside Drive tender to Keppel Land

Keppel Land (Mayfair) Pte Ltd was named the successful tenderer for the Boon Lay Way / Lakeside Drive residential site with bid price of $302,980,000.

OCBC Group profit soars to $676 million

Profit up 24% year-on-year and 35% over the previous quarter behind non-interest income growth, low credit losses.

SGX securities trading up 34% to $35bln

Securities and commodities activity strong in April as investors maintain interest and confidence on market.

Asian real estate investment turnover up 215%

Singapore witnessed strong rebound in investment activity as it posted 24% rise in transaction turnover volume.

Singapore houses Shell's largest petrochemical project

Shell Eastern Petrochemicals Complex is part of company’s drive to grow in Asian petrochemicals market.

Great Eastern profit up 332% to $179.1 million

New business embedded value grew by 37% and new sales by 20%.

Raffles Education profit down 27% to $31.1mln

Company continues to expand by setting up five colleges in 2009 and seven colleges in 2010.

ST Engineering profit up 9% to $92.8mln

Order book soared to $11.8bln at end of March, $3.2bln to be delivered within next months.

Keppel AmFELS delivers first of four Rowan rigs

Rig delivered on time and within budget with zero incidents.

Sembcorp, PUB open fifth NEWater plant

Latest and biggest NEWater plant will help meet 30% of Singapore's total water demand.

Biomedical companies invested $800mln in Singapore in 2009

Global biotechnology and pharmaceutical companies that seek to capitalise on Asia's growth story are locating first-in-Asia manufacturing facilities and headquarters offices in Singapore.

Employer CPF contribution rate to go up 1%

Increase goes to Medisave and Special Accounts to help workers build up medical and retirement savings.