More News

Asia Pac carriers’ profits to amount a whopping $2.5b in 2011

However, the region has seen the most dramatic downturn compared to 2010, when it delivered $8b profit.

Fitch affirms Mapletree Industrial Trust’s BBB+ rating

Recent acquisition of flatted factories from JTC Corporation beneficial to the company’s rating.

ST Engineering US unit buys DRB Aviation

Acquisition to grow the Group's cabin interior engineering design capability.

Advanced bags S$16.8mn deals in 4 countries

The group to supply equipments to new oil & gas and petrochemical projects in Singapore, China, Thailand, and Saudi Arabia.

DBS Bank's S$250mn investment to raise the bar of Asia’s private banking

The lender launches DBS Treasures Private Client and other moves to take Asian private banking to a new level.

CNA secures S$18.6mn deals in three countries

The group inked contract by Singapore’s LTA, in Vietnam, and in China.

NTT Singapore partners with SGX for more accessible trading facilites

As a Network Service Provider, NTT Singapore will offer NTT Com Low-Latency Service for access to global stock exchanges.

CapitaLand dissolves Hong Kong subsidiary

The dormant wholly-owned subsidiary had previously been placed under members’ voluntary liquidation.

UBS board to discuss $2.3b loss

Sacking looms as the bank’s directors will also meet in Singapore to review possible management changes.

Singapore’s online advertising revenue jumps 48.3% to S$95.5m in 2010

It was led by the local search advertising industry, which grew an amazing 112% in 24 months.

Woodlands Avenue 12 (Parcel 3) site awarded to OKH Development Pte Ltd

The developer was the tender's highest bidder with its $71.84m offer.

HSA suspends Zerin tablets

The tablets were found to have product defects and some tablets from different batches were found to contain small foreign particles.

STX OSV secures S$166mn deal with Aker Seafoods

The Diesel Electric Twin Screw Trawler vessels will be 70 meters long with a deadweight of 1,500 tons.

Singapore Airlines expands seat capacity to Singapore-Frankfurt-New York flight

The airline to boost 25% seat capacity daily by replacing Boeing 747-400 to Airbus A380.

Rotary Engineering secures S$500mn petrochemical plant construction deal

The group amassed S$110mn deals from July to September 2011.

Build-to-suit industrial development at Alexandra Road up for sale

Interested buyers have until 20 October 2011 before the tender closes.