Singapore
Mermaid Maritime CEO Denis William Welch quits
Welch initiated and led moves that set the future direction of of the company.
Mermaid Maritime CEO Denis William Welch quits
Welch initiated and led moves that set the future direction of of the company.
Sunray appoints Lu Yaosheng as General Manager of its Guangzhou unit
Lu has been tasked to head Guangzhou Sunray Medical Apparatus.
Mermaid Maritime appoints new commercial and projects directors
Graham Cooper and Bruce Saunders has been appointed to boost the group’s subsea engineering services division.
A*STAR SIMTech launches comprehensive microfluidics foundry
Singapore continues to boost nation’s R&D by earmarking S$16.1bn under the Research, Innovation and Enterprise 2011 to 2015 Plan.
DBS Bank and NDB Group strike deal to deepen investment banking partnership
Strategic alliance to cover equity and debt issuances, project financing, M&A areas as Sri Lanka’s economy is expected to grow.
Investors should brace for more volatility, warns analyst
Flat earnings in FY11 and recessionary possibility puts FY12 earnings growth of 10% at risk.
Ezra Holdings sets aside intention to raise fresh capital
DMG believes the company is looking for 6-7% yield on the perpetual capital securities.
Parkway View along Marine Parade up for collective sale
The tender for the freehold residential redevelopment site will close at 3pm on 27 October 2011.
Bankers in Asia Pac shrug off anti-money laundering
It’s clearly not a priority as only 27% of financial institutions discuss anti-money laundering at board level.
GIC puts heat on UBS to take firm action on alleged fraudulent trading
As its largest shareholder, GIC is disappointed at UBS’ lapses relating to the $2.3b trading loss and urged UBS to take firm action to restore confidence in the bank.
What you need to know about DBS' key hires
As at end-August 2011, DBS Wealth Management employs nearly 450 staff across the region.
Singapore retail and F&B should focus on long-term growth: Minister Lim Hng Kiang
The industries have been lagging behind in terms of profits as companies tend to focus on quick top-line solutions.
Global Palm's slower expansion hampers future growth
The company’s new plantings of 445 ha in 1H11 only make up 27% of its target, hinting that it may not be able to reach its target at all.
Changi Airport’s passenger movements jump 11.2% to 3.86m in August
And guess which countries posted the strongest regional traffic growth?
Far East Organization’s land bid yesterday points to declining office prices
Their bid, the highest among only three participants, was S$312m for the Robinson Rd/Cecil St land parcel.
M1 says no bitterness over Starhub-Vodafone partnership
M1 is also quick to defend itself over assumptions that the termination of its contract with Vodafone effective December 31,2011 will bring significant losses to the company.
UBS Chief Gruebel faces pressure from Singapore board
Oswald Greubel may be forced to shrink the investment bank after the $2.3b loss from fraudulent trading last week, according to Bloomberg’s report.
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