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61% of Internet users in Southeast Asia to get access via mobile phones

And one third intend to access the Internet via other handheld multimedia devices within the next 12 months.

Olam acquires sugar milling facility in India for US$73.8m

The company plans to invest a further US$6.6m to expand the facility's capacity from 3,500‐tonnes/day to 5,000 tonnes/day.

Tiger Airways asks for halt in trading

This follows Thai Airways' move to sever ties with the budget carrier.

Hong Konger found guilty of tourist refund fraud

Mr Hung Yat Sing, a 46-year-old from Hong Kong, was found guilty of making false Goods and Services Tax claims of $5,481.

SingPost to set up joint venture in Hong Kong

The company will be taking up a 50% stake in the JV called vPOST Hong Kong.

Singapore Airlines August passenger carriage up 3%

Yet the airline’s overall traffic in its cargo declined by 0.1%.

Greening buildings can increase property value

By going green, commercial buildings can save 10% in operating expenses and reap a 2% increase in capital value.

75% of Singapore companies to outsource IT infrastructure by 2021

And over half of the country’s IT leaders will choose to move their infrastructure to the cloud.

Sembcorp to co-develop innovation park in China

The 1,000-hectare Singapore-Sichuan Hi-tech Innovation Park will be located in the Chengdu Hi-tech Zone’s south park .

Singapore shares forecast to rise following Wall Street’s gains

The optimistic outlook is amidst news that top central banks will collaborate.

ExxonMobil and PEC ink 5-year tankage maintenance deal

Contract adds to group’s recurring income stream as it remains committed to deliver timely and cost-efficient engineering solutions to clients.

India’s IndiGo lands at Changi Airport

The airport now serves 102 airlines operating more than 5,800 scheduled flights each week.

VISA and I2R beef up security of e-commerce payments

New tool to use advanced transactional data analysis and digital forensics to provide an extra layer of security for online transactions.

Singapore Airlines’ S$36m operating loss dents its stock price

Its subsidiary SilkAir reported a S$21m profit in the quarter and this suggests that SIA was losing money on long-haul trips.

Hello, sunshine: Sunseap to supply solar power for Punggol eco-town

The solar manufacturer won the Housing Development Board’s tender to produce 2 megawatts of photovoltaic rooftop solar system.

Frasers Centrepoint Trust’s 48m new stocks over 4 times subscribed

New units priced at S$1.39 each received strong demand from more than 30 institutional investors.