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Proserpine creditors will be paid in full before Christmas.

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MRT Downtown Line 3 and Jurong Island petrochemical plant to be finished 2014 and 2012, respectively.

HMC plans to distribute up to 500,000 shares in HMD, representing approximately 40% of its shareholding in the group.

Singapore is the first country in the world to have introduced a new criterion in the search for travel online.

Luckily, its equipment parts core business will do some heavy lifting in revenues.

It will net the company S$40 million, from a cash consideration of S$173 million.

Colliers International says renewals and consolidations will be the status quo.

All remaining customer margins have been returned to the provisional liquidators of MF Global Singapore.

The developer outbid 11 others with its $180m tendered price.

The Hong Kong based company offers Asian derivatives covering key Asian markets such as China, India, Japan, Singapore and Taiwan.

The alliance enables SIA and Virgin Australia to codeshare on each other’s international and domestic flights.

The deal will enable ION Orchard tenants to provide access the over 2.7 billion UnionPay cardmembers worldwide.

The investment is worth approximately US$380 million.

The company invests in the property which is conveniently located near Marunouchi and Toei Shinjuku subway lines, and entertainment, retail and food & beverage outlets.

S P Setia International (S) Pte Ltd was the highest bidder among 12 developers.