News

ST Electronics subscribes to US$700,000 capital call

Singapore Technologies Engineering Ltd's electronics arm subscribed to the capital call in proportion to its 50% shareholding in GFM Electronics.

ST Electronics subscribes to US$700,000 capital call

Singapore Technologies Engineering Ltd's electronics arm subscribed to the capital call in proportion to its 50% shareholding in GFM Electronics.

Tiger Airways adds Trivandrum to its destinations

In addition to recently announced flights to Tiruchirappalli, Tiger Airways will start flying to Trivandrum, India come November this year.

Singapore tourist arrival grew 17.3% to record-high 928,000

Improving economic conditions prompted to improved travel sentiment to the country.

SingTel wins its second Seatrade Asia Innovation Award

Company delighted to receive award to its efforts in rejuvenating the maritime industry through innovation.

Singapore Tourism Board joins Asia Cruise Association

STB committed to work with the ACA to help drive development of Asian cruise industry.

Astoria Consulting joins SIMTech to introduce shipping technology

“AstorPlan” is aimed to optimise resources planning and deployment resulting to productivity boost for marine industry.

Singapore's Q4 2009 redundancy figures fall to pre-recession levels

Resilience package, concerted efforts by different sectors saved jobs though re-employment still lower than in 2008.

Global Yellow Pages enters into licensing agreement with SPH Search

Both parties keen on extending enhanced online local directory service after 30 June agreement expiration.

Sembcorp eyes acquisition of Cascal shares

Acquisition of 17,868,543 shares seen as a major milestone for Sembcorp in the fast-growing water sector.

Banyan Tree Private Collection partners with Habitat for Humanity

Tie-up aims to build homes and hope in China and the Philippines.

City Developments sold over 85% Tree House units

Nature-inspired condo with apartments ranging from $640,000 to $2.4mln was able to attract huge buyers.

Singapore's public housing data 1Q 2010 show stabilisation

HDB resale price index up 2.8% while subletting transactions grew 69% as market improves.

CRCT 1Q 2010 net property income up 7.5%

Company earned strong S$19mln NPI growth ushered by year-on-year growth of 25.5% at Xizhimen Mall.

Singapore healthcare companies eager to explore partnerships in Saudi Arabia

Singapore's Mach 7 Technologies signs Joint Venture with Saudi solutions provider Medisys.

Launching: The Holland Collection and Cubik

The boutique developments to be launched on 24 April 2010 are forecast to attract expatriates, single executives and young couples.

Mid-end private property market ranks top in March

March 2010 was a good month for the private property residential market, as seen in URA's figures released last week, with 1,761 transactions recorded. This was only eclipsed by only two months in 2009, when private property saw a record number of sales.

Residential property located near Circle line stations enjoying higher valuations

Residents occupying property located near the new Circle line stations are already enjoying a higher valuation months ahead of completion. According to a Credit Suisse report, property located near the Circle Line stations fared better than the overall real estate market.