Singapore

Surprise, surprise: August industrial production growth far from expectations

With the consensus forecast at 11.2%, the 21.7% expansion was a welcome surprise.

Surprise, surprise: August industrial production growth far from expectations

With the consensus forecast at 11.2%, the 21.7% expansion was a welcome surprise.

Comments? MAS issues consultation paper on regulatory regime for fund management companies

One proposal is to require FMCs to put in place a risk management framework over their fund management operations.

China Print Power appoints Stella Chung Oi Ling as Executive Director

Chung had the same responsibility in Sustainable Forest and International Resources Enterprises.

Azeus Systems’ Chief Operating Officer quits

Louis Chong Hing Fai to resign his post on 30 November.

KSH inks S$50mn deal with Mount Alvernia Hospital

Construction works on hospital’s car park block, front lobby & side entrance extension boosts order book to S$385mn.

Bored Singaporeans the world's heaviest Facebook users

Time to get a real life as study reveals that Singaporeans spend the longest time on Facebook worldwide, averaging 38 minutes and 46 seconds per session.

Olam set for expansion in the next two years

UOB Kay Hian estimates that the group has sufficient debt capacity for funding of up to S$1.5b acquisitions and new investments.

Prime retail rents rise 0.5% to $40.20 psf in Q311

Demand for first-storey prime space remains strong due to limited supply as the next retail project will only be completed in Q4 2012.

SilkAir launches flights to Koh Samui

This marks the airline’s third destination in Thailand, after Phuket and Chiang Mai.

Going Global: 73% of Singapore professionals seek work overseas

Singapore employers are also following suit, as half of them plan to recruit from abroad amid the skills shortage.

Office rent growth hits record low in 3Q 2011

Grade A office rents crept up a mere 2% to S$9.08 psf/month, the lowest quarterly growth since 2Q 2010.

Workplace fatalities up to 30 in the first half

Occupational diseases also increased from 124 in 2010 to 361 in 2011.

Lizhong Wheel qualifies as supplier to Shanghai General Motors

The company eyes to become a major supplier of aluminum alloy wheels to Shanghai GM within 2 to 3 years.

Health Management appoints Seah Choo Pin as Chief Financial Officer

Seah has 25-year experience in corporate accounting and finance, strategic planning and general management.

Tiger Airways Singapore increases fleet to 20 aircraft

The airline is committed to increasing its total fleet size to 68 aircraft by December 2015.

Should you go for shoebox units?

Shoebox units have become increasingly popular among local property buyers, accounting for 7% of the total transaction volume for condos this past year.

Singapore’s manufacturing output surges 21.7% in August

Biomedical manufacturing expanded the most at 145.8%, buoyed by the strong growth in pharmaceuticals.