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The group’s strategic investment fortifies capabilities in floating production topsides including Floating Production Storage and Offloading vessels.

Derivatives volume during the same period surged 39% to 5.2mn contracts from the previous year while the average daily volume was 300,493 contracts.

Tan Hak Leh has been re-elected for a second one-year term.

The 67th IATA AGM is the aviation industry's premiere executive event and attracts about 800 delegates.

The appointment is in line with the Bank's commitment to grow Asia as its second home market.

This is part of SGX's plan to bring all commodities contracts onto one single trading platform.

Through the listing of Dyna-Mac Holdings, Singapore Exhchange boosts its maritime and offshore cluster.

The order book closed after registering approximately US$1.8 billion of interest and was oversubscribed by more than three times.

The Company submitted the highest bid of $41,399,900 in the tender for the site.

Hiew Yoon Khong and Grant Lewis Kelley have completed their terms of office and will step down from the SDC Board.

The Urban Redevelopment Authority has placed a 1.4-hectare site at Hillview Avenue for commercial and residential use up for public tender. It has a potential housing yield of 370 units while up to 15 per cent of the total gross floor area can be put to commercial use.

Two units of self erecting tender drilling rig will be constructed by COSCO Shipyard.

Chris Bresnahan, who will be based in Singapore, has been promoted into the critical role of operations head for Asia Pacific, Eastern Europe, Middle East and Africa region.

The Group reported record revenue of US$56.7 billion for FY 2010.

The airline’s eighth point in Indonesia is seen to further boost travel between Singapore and Indonesia.

Full year core net profit almost doubled to US$387 million, while EBITDA reached US$661 million.