Singapore
Singapore Exchange to delist 5 companies under watch-list
Move was prompted by companies’ 3 consecutive years of financial losses.
Singapore Exchange to delist 5 companies under watch-list
Move was prompted by companies’ 3 consecutive years of financial losses.
The Leading Hotels of the World welcomes new members
Four prestigious hotels in undiscovered Peru and one in Moscow join global luxury hotel organization.
Colliers sells freehold industrial site at Balestier Road
32,544 sq ft site near Lorong Ampas expected to attract buyers due to its appealing location.
Vrescano introduces award winning salad dressing to Singapore
Cafe 26 Mustard Salad Dressing among Perth-based company’s healthy and nutritious food products imports.
Singapore's indirect tax rate still among region's lowest
7% rate remains low despite global trend making goods and services tax key government revenue source.
ad:tech Singapore 2010 to arrive in June
Full support from Media Development Authority and the Singapore Tourism Board makes event bigger and better.
Page Personnel opens in Singapore
Opening of recruitment consultancy firm coincides with country’s growing demand for high quality support staff.
URA launches site for minimum S$82mln
The 3.07 ha land parcel at Upper Changi Road North / Flora Drive is now for sale by public tender and has the potential to yield 390 units.
Singapore Exchange to offer Nikkei Dividend Index Futures
New index aimed to meet investor demand and highlights 20-yr partnership between SGX and Nikkei. Singapore Exchange (SGX) said Mar. 29 that it will offer a new futures contract based on the soon-to-be-launched Nikkei Stock Average Dividend Point Index. Nikkei Inc. (Nikkei) will begin calculating the index in April 2010. Subject to regulatory approval, SGX targets to launch the new SGX Nikkei Dividend Point Index futures contract by the third quarter of 2010. The Nikkei Stock Average Dividend Point Index is calculated based on accumulated dividends received by investors from constituent companies of the Nikkei Stock Average over a calendar year. Further details on the Index can be found here. Mr Chew Sutat, Executive Vice President and Head of Market Development of SGX, said, “We are pleased to deepen our cooperation with Nikkei, with which we have enjoyed a strong 20-year relationship. The SGX Nikkei Dividend Index futures will complement our existing suite of Nikkei-based products and meet investor demand for exchange-listed derivatives to hedge and manage dividend exposure.”
ST Engineering secures contract with US Navy
Firm will construct S$1.1bln Fast Missile Craft for Egyptian Navy in partnership with US Navy.
Ascott establishes presence in Vietnam's Danang
Somerset Danang Bay is firm’s unit to capitalize on city’s exponential growth in foreign investments.
Manufacturing output rose 19.1% in February
Receiving bad news though was the transport engineering cluster given the 17.7% decline in its output in February on a year-on-year basis.
Keppel O&M secures $140mln worth of contracts
One deal is for a Floating Production Storage and Offloading facility which, when completed, will be able to produce up to 45,000 barrels of oil per day and store 1,000,000 barrels of oil.
Temasek buys stake in Chile airline
Temasek Holdings has purchased a 1.18 percent stake in LAN Airlines, Chile's flagship carrier.
MND stresses need for healthy property market
Responding to REDAS President Simon Cheong's comments on Government intervention to stop private residential prices from rising, the Ministry of National Development says the aim is to maintain a steady and healthy property market.
KS Energy's business consolidation proposal receives shareholders' support
The oil & gas and marine distribution and services hub will represent more than 300 globally accredited brands and will distribute more than 60,000 oil & gas related parts.
NUS launches Singapore Residential Price Index
SRPI will aid the analysis of price trends by offering a snap shot of the non-landed residential property market.
Commentary
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