News

Retail sales up 2.3% in January 2010

Catering trade meanwhile dropped 5.3% compared to January 2009.

Retail sales up 2.3% in January 2010

Catering trade meanwhile dropped 5.3% compared to January 2009.

Properties to be sold above $1,000psf

Of the total 1,196 private residential units sold in February, 53.3% exceeded $1,000psf, and the trend is expected to continue over the next few months.

Singaporeans: who are are you?

The Census of Population 2010 starts today, the fifth census conducted since Singapore’s independence.

StarHub supports Government's efforts to ensure fair content costs

StarHub also supports the idea of having a common set-top box for consumers, as it gives greater convenience, cost-savings and quality assurance.

First round of negotiations on Free Trade Agreement complete

Singapore and the European Union had constructive discussions during the first round of negotiations on the EU-Singapore Free Trade Agreement.

Temasek's unit ST Telemedia buys 10% stake in VNPT Global

The investment company is "now ready to jointly explore telecommunications opportunities on the world stage" with the Vietnamese firm.

MCC Land Singapore highest bidder for Yishun E3

The parcel at Yishun Avenue 11, with land area of 15,074.2 sq m, received a total of ten bids.

Aviation industry to recover from the bad year

"The international aviation industry was badly affected by the economic downturn last year, but Changi fared better than we anticipated," said Mrs Lim Hwee Hua.

Singapore Commodity Exchange to start trading gold

Singapore Exchange unit SICOM will begin trading its gold deferred settlement contract on 30 March 2010 to attract new investors.

CapitaMalls Asia will join the Straits Times Index

With the half-yearly review done, CapitaMalls Asia will be replacing Cosco Corp Singapore as a constituent of the Straits Times Index (STI).

Fortis to acquire 23.9% stake in Parkway Holdings

Estimated to be about S$959.4 million, the deal between Fortis Healthcare and TPG Capital will enable the Indian firm to be Parkway's major shareholder.

URA receives application for Woodlands Avenue 12 site tender

Made available for sale through the Reserve List system on 8 December 2009, the land parcel will soon be up for public tender for a minimum bid of S$25 million.

Sembcorp Marine's Jurong Shipyard secures S$130mln conversion contract

Jurong Shipyard has inked the deal with Petrobras to carry out pre-conversion works on the MT SUVA, a Very Large Crude Carrier (VLCC).

Tiger Airways increases Thailand flights

To serve growing demand, Tiger Airways will double the current frequency of flights to Krabi and Hat Yai in Thailand.

Temasek is not selling its stakes: Shin Corp

Shin Corp Executive Chairman Somprasong Boonyachai clarified Temasek's stakes in the telecoms group and satellite unit Thaicom are not up for sale.

SGX will offer Nifty options

Singapore Exchange has obtained licensing rights and expects to provide S&P CNX Nifty Index (Nifty) options and related products.

Tiger Airways passenger volume up 90% in February 2010

Compared with February 2009, passenger volume almost doubled as Tiger served a total of 437,000 passengers in the previous month.