Singapore

No comment: SGX

Singapore Exchange declined to comment amidst reports and speculation it is interested in London Metal Exchange.

No comment: SGX

Singapore Exchange declined to comment amidst reports and speculation it is interested in London Metal Exchange.

GIC was confident in UBS CEO, says bank chairman

But it wasn’t enough for Oswald Gruebel to stay, who resigned while UBS’ board of directors met in Singapore.

Singapore and Japan forge stronger bilateral ties to boost creative industries

Meeting of ministers from the two countries reaffirmed cooperation in the creative industries as an important new pillar of ties between the two countries.

Fraser Centrepoint Trust completes acquisition of Bedok Point

The company used the S$64.3mn proceeds of Private Placement to fund the purchase.

Food Empire appoints Fong Choon Seng as Chief Financial Officer

The company’s ex-CFO Lawrence Yeo agreed to extend his post until 7 October.

Marco Polo Marine appoints Ho Kian Teck as Financial Controller

Ho’s 15 years of accounting experience became the basis of the group’s board for giving him the position.

Keppel DHCS concludes topping out operation in Tianjin Eco-City

The group expects plant to start supply of chilled water and hot water service by 2012.

Tiger Airways purchase of 33% stake in Mandala Airlines nears completion

The process is expected to be completed in around 90 days.

Testing times: Inflation surged to 5.7% in August 2011

Blame it on higher costs of transport and housing which went up by 12.5% and 9.9%, respectively.

OCBC’s earnings to slump 6-8%, warns analyst

CIMB cuts its FY11-13 earnings estimate for OCBC by 6-8% mainly from insurance and trading-related income.

High-tech sector to boost manufacturing IT spending in 2011

Singapore’s spending is forecast to grown from US$ 885 to US$ 1053m by 2015.

Ascendas REIT has no major refinancing needs till 2013, says analyst

OCBC estimates almost S$1b of additional debt headroom for A-REIT.

Meet Manulife’s new senior management appointees

Manulife Singapore appoints key people in wealth management, marketing, and human resources who will all report to CEO Annette King.

Popular Holdings seals en-bloc deal to buy Permai Court

The freehold site at Kampong Bahru was acquired for $20.25m.

Atrix at Aljunied almost sold out in two weeks

Only three of its 59 units are left unsold-to-date since it previewed last Sept 7.

Trust us, those structured warrants we sold you on the SGX are still good, says Merrill Lynch

Now that Moody’s has downgraded the bank with negative outlook, the bank was compelled to issue a statement that it stands by its “ability to fulfill its obligation as a structured warrants guarantor”.

Market to be mildly negative on HDB launch, says analyst

The announcement is in line with HDB's latest policy of large launches to reduce odds of disappointment for applicants.