Singapore

Shell and others to shut gasoline units for maintenance

Unless there is unexpected demand during the shutdown, traders believe the market is unlikely to be affected as refiners normally stock up sufficient buffer.

Shell and others to shut gasoline units for maintenance

Unless there is unexpected demand during the shutdown, traders believe the market is unlikely to be affected as refiners normally stock up sufficient buffer.

Singapore employers forecast healthy headcount growth

Survey shows the most robust hiring prospects are in the Finance, Insurance & Real Estate sector, where the Net Employment Outlook is +37%.

Qingmei launches IPO in Singapore at S$0.31/share

A total of 184 million shares, with net proceeds of approximately S$44.1 million, are part of Qingmei’s IPO in line with its proposed listing on the SGX Mainboard.

Manufacturing index up 0.5 points in February

Compared with January 2010, Singapore's Purchasing Managers' Index expanded and was at 51.9 points in the previous month.

Government introduces $250mln package for construction sector

The incentives will cover Workforce Development, Technology Adoption and Capability Development.

STB launches $5 million iDigital Scheme

The Singapore Tourism Board introduced the scheme to enable tourism businesses to be digitally-ready and build capabilities in e-commerce.

Marina Bay Sands team moves into property pre-opening

Team members of the Marina Bay Sands have started moving into the Heart-of-House (HOH) for final preparations before the resort's 27 April Preview.

URA launches tender for Yishun Avenue 6 site

The industrial site at Yishun Avenue 6 (Parcel 1) is now for sale by public tender with minimum bid price of S$11.5 million.

New property measures protect Singapore homeowners

Considered most notable is the extension of the second HDB concessionary loan to downgraders.

Singapore expects 12 million visitors for 2010

The Singapore Tourism Board (STB) announced its forecast for this year of S$17.5 – S$18.5 billion in tourism receipts.

OCBC Cycle Singapore raised over $35,000 for charity

Enthusiasts and professionals alike enjoyed a weekend of cycling to help the National Cancer Centre Research Fund and the Singapore Children’s Society.

StanChart profits up 4% to $3.38bln on strong wholesale banking

Client income, which made up 74 percent of all Wholesale Banking revenue, grew 22 percent to US$6.88 billion.

Asian REIT markets saw continued recovery in 2009

Aside from acquisitions, Singapore REITS also saw surge in fundraising activity through rights issues and new units placement.

Compassvale Bow parcel receives highest bid at $193.28mln

Sengkang E6 made 11 companies submit themselves as tenderers for Executive Condominium (EC) housing development of the 19,000 sq m land parcel.

Tiger Airways enhances call centre services

Tiger Airways plans to improve its call centre services as part of its Customer Task Force introduced in 2009.

Sino-Singapore Tianjin Eco-City to house a training centre

Singapore schools and educational institutions will be brought on board to establish the Skills Training & Development Centre (STDC) in the Eco-City.

Server shipments fell 3.8% in APAC in 2009

Strong growth, however, was seen in the fourth quarter with server revenue in Singapore rebounding on active spending by the public sector.