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ST Aerospace terminates JV with Wings Capital Partners

It aims to reorganise its aircraft leasing business.

Cummins builds US$5.4m global logistics hub in Singapore

Integrating the company’s warehouse and office into one location.

Global Invacom set for turnaround after acquisition of Skyware

Currently loss-making Skyware would be profitable by 2016.

Ezra sells half of subsea ops to Chiyoda

It will receive USD180m in the joint venture.

Sim Lian’s net profit surges 40% to $241m in FY15

On back of higher property development, construction revenue.

Services sector business receipts up 3.5% in Q2

All industries except recreation & personal services fared well.