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BBR Holdings clarifies issue on poor sales of its high-end apartments

BBR clarifies a Business Times article, saying it’s not the only one struggling in property development. Read ››

Sino Construction issues profit warning on FY11 results

As revenue from its newly acquired thermal plant operator RELI fell short of expectations. Read ››

Second Chance Properties to reward $50,000 to whistleblowers

It won’t be giving fraudulent employees any second chances. Read ››

Hwa Hong’s revenue plummets 45% to $28m in 2011

As proceeds from its investment securities dropped 37% last year. Read ››

What's so great about Jervois Road?

Residential site racked up 17 bids for an unusually strong showing amid a precarious buyer market. Read ››

Jervois Road tender sale tops at 118.9 million

Guess which bidder is poised to win the premium residential site. Read ››

Tuan Sing Holdings’ revenue plunges 70% to $240m in 2011

As revenue from its property segment dropped 25% last year. Read ››

Frasers Commercial Trust clarifies issue on acquisition of Caroline Chisholm Centre

The group issued a statement to clarify a report published in the Australian Financial Review. Read ››

SMRT invests a whopping $195m on North-South East-West Lines

The project will replace the signaling system on the NSEW Lines, reducing the time gap between trains to 100 seconds. Read ››

EASB and QMU to organize alumni high tea event at Keppel Bay

The alumni members can also view the clipper round the world race on February 3, from 3-6PM. Read ››

CDL Hospitality Trusts’ revenue up 13% to S$38m in 4Q11

Studio M Hotel, which was acquired in 2Q11, accounted for approximately S$2.7 million of the group’s revenue increase. Read ››

Tiong Woon bags contract for largest sea water desalination plant in Singapore

Work on the project will commence shortly and is scheduled to be completed by the end of December 2012. Read ››

Mapletree’s revenue jumps 11% to S$50m in 3Q11

The partial opening of the Alexandra Retail Centre last December greatly contributed to the group’s gross revenue. Read ››

Should Singapore outsourcers abandon their lowest wage mentality?

The Ministry of Manpower seems to believe that chasing the cheapest option is not always the best. Read ››

SGX begins offering virtual environments to listed companies

New corporate service offered through new partnership with InterCall Asia Pacific. Read ››

NOL’s shipping volumes up 7% in FY11

As higher volumes were carried on the Intra-Asia trade lane. Read ››

Olam and RUSMOLCO to develop large scale dairy farms in Russia

A whopping US$400 million will be invested in the project in the next four to five years. Read ››

Starhill Global REIT’s revenue surges 9% to S$180m in FY11

As its Singapore portfolio contributed more than half of its total revenue in 4Q11. Read ››

Tiger Airways’ revenue down 1.2% to $168m

Even though Tiger Airways Singapore recorded a 50% leap in revenue, it was offset by the losses incurred by Tiger Airways Australia. Read ››

Ascendas India Trust bruised by currency swing

Topline growth shrunk to 2% yoy as the Singapore dollar strengthened vs. Read ››

Parkway Life REIT’s revenue jumps 6% to S$23m in 4Q11

Revenue growth was driven by higher rent from the Singapore Hospital Properties. Read ››

Charges dropped against Mewah’s subsidiary and its Chairman

The court ruled that there is insufficient evidence to prove that Mewah Oil Sdn Bhd is capable of forging documents on a CPO purchase. Read ››

ST Engineering’s aerospace arm clinches a whopping $350m worth of contracts in 4Q11

These contracts will be carried out at its network of facilities and affiliates in the Americas, Asia Pacific and Europe. Read ››

MasterCard expands regional headquarter activities in Singapore

The Singapore headquarters will act as a command and control center for intellectual property management, brand management, and to spearhead and manage regional growth. Read ››

Ascott Reit sells Somerset Gordon Heights Melbourne

The approximately S$15.6 million divestment is expected to be completed in the second quarter of 2012. Read ››

Mapletree’s revenue surges 25% to S$66m in 3Q11

As renewal rental rates of its warehouses were higher than those achieved in 3Q10. Read ››

Hwa Hong Corporation issues profit warning for 4Q11 financial results

As trading of its investment securities did poorly in the last quarter of 2011. Read ››

Ezion bags $94m charter contract in North America

It will be providing a service rig to a national oil major in the region. Read ››

STX OSV sale by April?

Talk is growing that the debt-heavy shipbuilder will be snatched up soon, notes AmFraser. Read ››

SGX adds Polaris Futures as trading member

It will participate in the derivatives market and will focus on Taiwan trades. Read ››

Broadway Industrial buckled under disaster

Thai floods wreaked havoc to its profitability leading to a worse-than-expected 4Q11 net loss. Read ››

iOS platform losing dominance in AsiaPac

Developers in the region are now placing an equal focus on competitors like Android and Windows Phone. Read ››

Asia Pacific Breweries incorporates New Zealand subsidiary

Glenfield Hospitality Limited has set its sights on investing in a food and beverages outlet. Read ››

SPH awarded Sengkang commercial site

$328 million joint tender with United Engineers tops the bidding for the 8,790.3-sq.m. Read ››

Changi Airport breaks new passenger records

It was a busy 2011 as the airport handled 46.5 million passenger movements, up 10.7% yoy. Read ››

Woodsville Tunnel completion to ease traffic soon

The improved tunnel network will become operational starting January 28. Read ››

Keppel T&T profit up 38%

Profit for fiscal year 2011 was $79.4m. Keppel Telecommunications & Transportation said revenue increased 10% to $118.1m. Read ››

Kovan Road / Simon Road tender closed

How much was the highest bid for the 99-year lease and who placed it? Read ››

Are small land sites still attractive?

Tenders will keep on coming says Savills after a surprising turnout for a pocket residential site. Read ››

MAS implements new CRA regulatory framework

Existing Credit Rating Agencies will be given a transition period of 6 months to apply for the required licence. Read ››