News

Keppel acquisition seen as precursor of potential IPO

Keppel acquisition seen as precursor of potential IPO

CIMB thinks Keppel could also tap into KrisEnergy’s development field to supply offshore equipment.

CapitaLand asset swaps not a game-changer, says analyst

Ascott Reit could have secured better accretion had it divested just the residential portion of Somerset Grand Cairnhill to third-parties, says CIMB.

9 out of 10 unhappy Singaporean consumers spread the word

Bad service experiences may spread like wildfire as  86% of consumers rely on hearsays.

Singaporeans dig 'open business talks' for loyalty

1 out of 4 Singapore consumers deem open and honest communication as most important factor to remain loyal.

Singapore diplomats were 'impartial observers' to Malaysia’s Bersih 3 rally

How bad did it get for Singapore-Malaysia ties when rumors of their active participation sparked?

Delivery of first of 800 new buses set on Sept

Around 250 buses are expected to be added over the next one year and about 14 new routes to be introduced.

Death Penalty no longer automatic for drug-related and murder cases

Offender's fate is now at the hands of the presiding judge.

Chart of the Day: Vacancy rate in Raffles Place/Marina Bay area up to 7.5% in Q2

Net demand for Grade A office space was lower than the absorption level in 2011 as a result of the difficult economic environment.

Wilmar named largest Singapore corporation in Fortune's Global 500

The agribusiness giant ranked 223rd in size worldwide and is one of only two Singapore-based companies to make the 2012 list.

All eyes on declining Keppel Corp O&M margins

Its offshore & marine segment has fallen from its 26% margin highs in 2010 and will likely temper to as low as 10%.

SREITs to grow at low single digit rate this year: DBS

Rental rates and occupancies for Sreits to continue to show positive reversions for this year.

Keppel Corp splurges USD 115m in an oil company

KrisEnergy operates six out of the 14 licences they hold in Cambodia, Indonesia, Thailand and Vietnam.

ST Eng'g aerospace arm secures $370m contracts 2Q12

ST Aerospace contracts will be carried out at its global maintenance, repair and overhaul network.

Ascendas REIT to focus on consolidation in FY13

Optimising portfolio performance has to follow the S$1bn in investments made in 2012.

Singapore banks brace for heightened competition

CIMB presumes Bank of China will be granted Qualifying Full Bank privileges as a clearing bank for RMB in Singapore.

Cosco cries foul over articles saying the company is in trouble

One story on a news website described Cosco Singapore as the lowest-rated Asia stock on rig push.

Suburban market to boom in retail sector

Rental units will continually rise at a compound annual growth rate of 1.95% in 2011–2015.