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Keppel bags US$380mn worth contract from Transocean

Keppel bags US$380mn worth contract from Transocean

As part of the agreement, Keppel will build two high-specification jackup rigs based on the KFELS Super B Class Bigfoot design.

ST Engineering subsidiary sells 100% equity interest in PT PMB Indonesia

The agreement is to sell the equity interest to Mr Reza Dwi Nugroho for a cash consideration of about $470,000.

Temasek launches US$5bn euro-commercial paper programme

The commercial paper programme will supplement Temasek's strong liqudity and the proceeds will be used to fund their business.

Citigroup partners with SGX as new depository bank

SGX is enhancing its suite of American Depository Receipts by adding new companies from other Asian countries and partnering a second depository bank.

ST Engineering bags $185mn shipbuilding contract

VT Halter Marine, ST Engineering's US shipyard, has been awarded a shipbuilding contract from Honolulu-based Pasha Hawaii.

CapitaMall offers $200mn worth of bonds

The bonds will be in aggregate principal amount of 2.00 per cent due 2013.

Great Eastern 2010 profit down 1.84% to S$507.2mn

Yet year-on-year total weighted new sales rose 20% to S$723.8mn, driven by the strong growth of 34% in regular premium products.

Keppel bags 2 jackup orders worth US$1bn from Maersk

Keppel FELS’s excellent performance and consistency made Maersk chose the Singapore company in building high capacity rigs.

ST Engineering 2010 profit up 11% to $491mn

Order Book reaches $11.5b, of which about $3.7b is expected to be delivered in 2011.

CEO Lucas Chow resigns from MediaCorp

Chow will be resigning from the company as its CEO on 31 July 2011.

ComfortDelGro full year profit up 4.1% to $228.5mn

Group revenue would have increased by 6.8% to $3.26 billion if not for the negative foreign currency translation effect as its overseas revenue accounted for 43.0% of Group revenue.

Singapore Post sells pawn broking unit

Divestment will allow its resources to focus on other strategic opportunities like regional logistics and e-commerce.

Upgrading schemes launched to boosts SME productivity

Enhanced measures to help more SMEs exceed S$100M in annual revenue.

Olam International net profit dropped 1.3% in 1H 2011

Net Profit After Tax including exceptional gain was $175.5 million compared to $177.9 million achieved in 1H FY2010.

Megacity Singapore named Asia's greenest city

Singapore topped the Asian Green City Index as it stood out in particular for its ambitious environmental targets and its efficient approach to achieving them.

StarHub net profit dropped 18% in 2010

Operating revenue for the quarter rose 2% to $559 million compared to $550 million y-o-y.

Tender for Bartley Road site launched

The Urban Redevelopment Authority placed the 2.21-hectare residential site at Bartley Road / Lorong How Sun for sale.