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.