News

Compassvale Bow parcel receives highest bid at $193.28mln

Sengkang E6 made 11 companies submit themselves as tenderers for Executive Condominium (EC) housing development of the 19,000 sq m land parcel.

Compassvale Bow parcel receives highest bid at $193.28mln

Sengkang E6 made 11 companies submit themselves as tenderers for Executive Condominium (EC) housing development of the 19,000 sq m land parcel.

Tiger Airways enhances call centre services

Tiger Airways plans to improve its call centre services as part of its Customer Task Force introduced in 2009.

Sino-Singapore Tianjin Eco-City to house a training centre

Singapore schools and educational institutions will be brought on board to establish the Skills Training & Development Centre (STDC) in the Eco-City.

Server shipments fell 3.8% in APAC in 2009

Strong growth, however, was seen in the fourth quarter with server revenue in Singapore rebounding on active spending by the public sector.

Luxury projects post maximum $3,400 psf launch price

With higher launch prices last quarter compared with 2008, the luxury residential market is set for expected rebound.

Monetary Authority of Singapore tells insurers to remain vigilant

In a speech by Mr Low Kwok Mun, the Executive Director stressed the need for insurers to strengthen their risk management capabilities and corporate governance.

Tiger Airways offers 100,000 seats at $0 plus taxes

The seats on sale to 11 regional destinations from Singapore are only open for booking from 4 to 10 March 2010.

Singapore Q4 2009 airfare up 1% despite crisis

American Express survey showed air travel cost to increase to 6% this year as economy improves.

82% of ICT companies expect growth in 2010

Expected growth is between 5 to 20 percent with 70% of respondents indicating there will be continued or increased expansion into overseas markets.

Registers of Electors open for public inspection

Singapore citizens have until 8 March 2010 to check their names and make claims or objections if necessary.

Manufacturing output rose 39.4% in January 2010

Electronics and biomedical manufacturing clusters were the top performers with 80.6% and 48.4% year-on-year growth respectively.

Singapore Airlines deploys A330-300s on more routes

SIA will replace its Boeing 777 operations on particular destinations and also start using Airbus A330-300s on regional routes.

908,000 people visited Singapore in January 2010

Recorded as the highest ever in the month of January, visitor arrivals to Singapore grew by 17.6% year-on-year.

Changi Airport Group invests S$100mln in Rome airports

Changi Airport Group has acquired a 5% stake, its largest acquisition to date, in the holding company of Aeroporti di Roma.

CapitaLand puts up subsidiary in Malaysia

CapitaLand Commercial (Malaysia) Sdn Bhd has been established with investment and provision of project services as its core activities.

Development charges revised for different property sectors

Development charges for the industrial property sector are unchanged while commercial and non-landed residential see revisions.

Wilmar profits up 23% on higher volume and prices

Wilmar International Limited posted a net profit of US$1.88 billion, with 18% increase in profit for the last quarter.