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Veterans from HSBC and Great Eastern Life Assurance will assume the two senior vice-president posts for one of the bank’s priority growth markets.

Mr. Mehbub Khan is nominated as the General Manager of the Singapore-based SEA EC.

Mr Lim will be responsible for the overall management of PST Management.

Switzerland's Palaedino Group and Euroasia Investment unveiled plans on Thursday to store and manage gold in Singapore. The service will be provided  for ultra-wealthy clients who have lost confidence in banks and paper money.

Salesforce.com is now enabling companies to create a free, private social network.

Phillip Securities has lowered its target price for Singapore Airport Terminal Services to US$2.59 from US$2.73 on concerns over food inflation, but maintained its "buy" rating.

    Polymeur Sun will be an authorized reseller of Ascent Solar thin-film CIGS modules in the Singapore and Malaysia. The modules are for BIPV and portable power soultions. Ascent Solar looks forward to this agreement with Polymeur Sun promoting the company’s name with different Southeast Asia regions that are in the development stages of their solar markets.

A public tender for the Ang Mo Kio Street 62 industrial site has been launched by the Urban Redevelopment Authority.

39 new IPOs expanded the market capitalisation by $51 billion.

The design study of the technology framework for the ASEAN Trading Link has been completed.

Singapore Exchange welcomes UBS AG to AsiaClear as a new SGX Bank Clearing Member.

The Building Agreement for the Capitol sale site was signed today between the Government of Singapore and the consortium.

Continued improvement in passenger yield (+15%yoy, +3% qoq) was the key growth driver for the flag carrier’s 58% yoy jump in operating profit for 3Q11.

Thomas Arasi, chief executive of Marina Bay Sands, the Singapore casino of U.S. group Las Vegas Sands has resigned and will leave on Feb. 18. Marina Bay Sands, built at a cost of $5.5 billion, opened its doors last April. It $242 million in earnings before interest, tax, depreciation and amortisation for the quarter ended Sept 30, Las Vegas Sands said on Oct 27. The U.S. casino group will report fourth-quarter results on Feb 3. You can read the full story at Reuters.com.  

The group gained from the increase in business and e-commerce logistics activities that boosted its mail and logistics revenues.

The airline attributed profit growth on improvement in revenue and strict cost management across all business units.