Singapore

Paul Shin Devine was accused of accepting kickbacks while Singaporean charged with wire fraud and conspiracy.

Authorization was addition to May 28 recently concluded $200mln share repurchase.

Yet second quarter revenue fell to S$36.5mln from S$53.8mln behind lower revenue from general construction projects.

Group said growth would have been stronger had $15.2mln negative foreign currency translation effect is lower.

Higher administrative expenses, other operating expenses and finance costs pulled down profit from $26.03mln.

Group divested glass manufacturing unit for a $310mln cash consideration as it garners 8% revenue growth.

Collaboration enables DBS/POSB customers to replenish PayPal accounts for online shopping without credit card.

The property development and investment group makes a plunge in pre-tax profit but still enjoys a 17.2% increase in revenue for the first quarter.

In an effort to organize asset ownership, the property giant transfers its entire interest in Somerset Capital to The Ascott Limited.

The offshore marine group also inks an MOA to sell the vessel in 31 January 2011.

Agribusiness group to invest in additional plantation assets with the proposed purchase worth SGD80,363,130.40.

Retail sales are being dragged with motor vehicle sales falling by an average of 30% in recent months.

Predicting the future can be a notoriously tricky business. Things that people declare with certainty will happen often don’t, while things that no one saw coming have a horrible habit of actually happening.

Lower contributions from associates were offset by strong first-quarter performance in Singapore and Australia.

Yet HDB upgraders looking for new projects below $900 psf had fewer choices in the first half of 2010.

Event showcasing latest gift trends and corporate gift ideas has attracted visitors from 15 countries.