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Tender for Sengkang Square received 9 bids

Keppel Land Realty emerged as highest bidder with the bid of $286,790,000 or $5,400.94 psm.

Raffles Hotel Singapore appoints Laurent Branover as hotel manager

Mr Branover will be overall responsible for all the Hotel's operating departments.

Singapore Airlines passenger load factor slipped 4.8% in February 2011

The passenger load factor declined to 75.1 per cent due to a decline in systemwide passenger carriage and increase in capacity.

Keppel secured contract worth US$210mn

Japan Drilling Company awarded Keppel a contract to build a KFELS Super B Class jackup rig.

Tiger Airways passengers up 11% in February 2011

484,000 passengers were carried by Tiger Airways for the month of February 2011.

URA to launch tender for second sale site in Jurong Lake District

The Urban Redevelopment Authority announced that it has accepted an application from a developer to put up the second sale site in Jurong Lake District for sale via public tender.

Japan earthquake damaged US$38.8mn worth of Global Logistic Properties' total portfolio

The total estimated cost is less than 0.6% of the portfolio value of GLP in Japan.

ICBC overseas RMB processing center put up in Singapore

ICBC set up its first overseas Reminbi Processing Center in Singapore for its promising location.

CapitaMall Trust raises $250mn 3-yr convertible bonds

The convertible bonds bear an interest of 2.125% per annum, payable half-yearly.

Keppel Shipyard bags two contracts worth $170mn

The news jobs comprise completing a Pipe Laying Vessel for Saipem S.p.A and converting a Floating, Storage and Offloading vessel for Bumi Armada Berhad, said Keppel Corporation.

Neste Oil opens renewable diesel plant in Singapore

The opening was attended by Singapore's deputy Prime Minister for defence Teo Chee Hean and the Finnish minister for ownership steering Jyri Häkämies.

Grand Tower up for collective sale at $92mn

This works out to be $1430 psf ppr based on potential GFA of 64,310 sq ft.

Tiger Airways plans training programme for 100 new pilots

Qualified major aviaton training providers were invited by Tiger Airways to submit formal proposals for the provision of a Cadet Pilot training programme.

Heineken-APB divests 21% stake in Kingway Brewery

The issued share capital is worth RMB1.08 billion or S$205 million.

Hendra Lembong joined JP Morgan as Asia Pacific Head of Cash Management

Along with Hendra Lembong, Adrian Godfrey also joined the firm as Asia Pacific Head of Client Service and Implementation Management for JP Morgan's TS business.

Singapore Airlines to launch flights to Sao Paolo

These flights mark Changi Airport's first direct air link with South America.