Singapore
Nikko Asset Management Asia appoints Eleanor Seet Oon Hui as President and Director
Seet has spent her entire career in the asset management industry with background in marketing of investment products.
Nikko Asset Management Asia appoints Eleanor Seet Oon Hui as President and Director
Seet has spent her entire career in the asset management industry with background in marketing of investment products.
Keppel Land sells 87.5% interest in Ocean Properties
The developer believes the move will enhance its financial position to seize opportunities in a volatile market.
M1 nine months profit up 5.7% to S$126.4mn
The company has 41,000 additional customers in the third quarter, bringing its total customer base to 2mn by September.
Singapore Airlines September number of passengers up 4.8% to 1.4mn
Yet the airline’s passenger load factor fell 0.7 percentage point to 79.6% during the same month.
APL appoints Wong Siew Loong as North Asia Regional President
Wong expected to lead the company’s North Asia operations, an integral part of its global liner activities.
Koon to develop executive condominium at Pasir Ris
Participation in the joint venture company with a 15% stake seen to enhance the Group’s diversified business model.
Marco Polo Marine inks US$27mn ship-building deal
The shipbuilder to build 2 Units of 5,400bhp AHTS to PT Pelayaran National Bina Buana Raya.
Otto Marine’s Chief Operating Officer and Senior Executive VP resigns
Lum Kim Wah quits his tasks in the company, including management of new construction projects and yard development, which he held for two years.
Noble Group spin‐off may not pull through
Kim Eng says the spin-off might not even happen given the uncertain market environment.
CA Technologies appoints Victor Cheng as vice president for South Asia
Victor reports directly to Lionel Lim, president of CA Technologies Asia Pacific.
HDB upgraders buoy private residential market to record heights
Private residential transactions jumped 26% to 2,064 units, the highest recorded this year.
Tiger’s losses amount to a depressing $21m in 1Q12
It seems like FY12 won’t be a good year for Tiger, as the low-cost carrier’s passenger traffic has plunged 27%.
Electronics manufacturer Aztech Group issues profit warning on 3Q11 results
The company is expected to report a loss for 3Q11 due to additional expenses from its Marine Logistics segment.
Yangzijiang on track for record profits in 2011
The company announced that it is “confident to deliver not less than 30% growth in net profit” in the next 9 months.
Faber Garden up for collective sale by tender
The residential site has an area of approximately 544,738 sq ft and is located along Upper Thomson Road.
Singapore’s non-oil domestic exports drop 4.5% in September
As electronic exports contracted for the second consecutive month by 14%.
What you need to know about the new members of AXA Life’s Executive Committee
AXA announced two key management appointments to drive growth at its Life operations in Singapore.
Commentary
Singapore Companies Eye Vietnam to Navigate Manufacturing Shifts, Green Transition, and the AI Revolution