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Ascott Residence Trust's acquisition-disposal move to raise leverage in long run

Ascott Residence Trust's acquisition-disposal move to raise leverage in long run

Ascott REIT remains exposed to the Euro crisis, with almost 33% of total revenues derived from assets based in Europe.

Ying Li poised to win more urban renewal projects

The Singapore-listed developer has a sterling track record and will most likely benefit from the infrastructure policy easing afoot in China.

Olam sets up US$2b Euro Medium Term Note Programme

The net proceeds will be used for financing capital expenditure and potential acquisition opportunities, among others.

Singapore expands list of Chinese qualifying full banks

Two more Chinese banks will gain qualifying full bank privileges, one of which will also be authorised as a clearing bank for Renminbi.

Noble launches iPad App

The App provides a library of Noble Group communications, including results announcements adn annual reports.

ST Electronics closes 2Q with S$210M contract wins

ST Engineering's electronics arm clinched mostly rail electronics solutions during the period from April to June.

HDB garners French urban planning support

Housing & Development Board has signed an MOU with French specialists to jointly develop urban planning solutions for its towns.

Asian foreign direct outflows to hit US$400b by 2020

Find out four challenges Singapore and neighbors must face to reach this record.

Tycoon Oei Hong Leong sells entire Intraco stake

Intraco has issued notice of cessation of substantial shareholding.

Singaporeans spend nearly USD12m on flat irons and steamers

Nearly 230,000 irons and garment steamers were sold in last 12 months.

CapitaLand puts up CapitaLand A One Pte Ltd

The new subsidiary’s principal activity will be investment holding.

Singapore leads Asia in Global Innovation Index 2012

But Singaporeans are not yet the world's most innovative people.

Changi Airport houses world's largest kinetic art sculpture

Kinetic Rain boasts of 1, 216 bronze droplets that transform into multiple shapes.

URA awards site tender to Santarli Corporation

Santarli Corporation Pte Ltd submitted the highest bid of $114.8 million in the tender for the 4,850.5 sqm residential site at Pheng Geck Avenue (Parcel B).

Singapore loses Manchester United IPO

There is a silver lining though, says IG Markets Singapore.

LTA to open Centre for Transport Excellence in LTA Academy

This centre is the first of its kind in the world set up by UITP.

ST Engineering land systems arm injects $6.66m capital into JHK

The capital contribution will fund the construction of a new plant, as part of JHK’s planned relocation and expansion of its current production capacity.