News

Club Med Singapore revenue soars by 15%

Record season attributed to success of all‐inclusive vacation concept even during recession.

Club Med Singapore revenue soars by 15%

Record season attributed to success of all‐inclusive vacation concept even during recession.

SingTel secures broadcast rights to the 2010 FIFA World Cup

All 64 matches ‘live’ across SingTel’s mio TV and mobile, with free online viewing in high-definition.

Singapore Exchange opens doors for Mann Seng Metal

The Malaysian company started trading of its shares under Catalist with market capitalisation of $22.5mln.

Sembcorp Marine profit up 24% to $148.8mln

Group expects profit growth to continue next year as outlook for global oil demand soars.

PropNex supports new MND proposal on industry regulation

Company sees Council for Estate Agencies as a body that furthers the professionalism of the industry.

Keppel Land wins award for strategic Lakeside development

It plans to develop more than 500 homes on the 1.6 ha-site which drew keen bids.

Singapore medium-sized firms face talent sourcing problem

55% of businesses earning $1mln to $45mln yearly see finding competitive staff their key problem.

MND eyes forming new board for estate agencies

Ministry will introduce bill to Parliament 2H 2010 to raise professionalism of real estate agency industry.

Sembcorp: We did not breach any law in Cascal bid

Sembcorp's statement was in response to Cascal's filing of legal proceedings in the New York District Court as the US-listed Dutch water company seeks recovery of damages.

URA awards Lakeside Drive tender to Keppel Land

Keppel Land (Mayfair) Pte Ltd was named the successful tenderer for the Boon Lay Way / Lakeside Drive residential site with bid price of $302,980,000.

OCBC Group profit soars to $676 million

Profit up 24% year-on-year and 35% over the previous quarter behind non-interest income growth, low credit losses.

SGX securities trading up 34% to $35bln

Securities and commodities activity strong in April as investors maintain interest and confidence on market.

Asian real estate investment turnover up 215%

Singapore witnessed strong rebound in investment activity as it posted 24% rise in transaction turnover volume.

Singapore houses Shell's largest petrochemical project

Shell Eastern Petrochemicals Complex is part of company’s drive to grow in Asian petrochemicals market.

Great Eastern profit up 332% to $179.1 million

New business embedded value grew by 37% and new sales by 20%.

Raffles Education profit down 27% to $31.1mln

Company continues to expand by setting up five colleges in 2009 and seven colleges in 2010.

ST Engineering profit up 9% to $92.8mln

Order book soared to $11.8bln at end of March, $3.2bln to be delivered within next months.