News
Crying Tiger not flying Tiger: Air Asia Ad
Crying Tiger not flying Tiger: Air Asia Ad
In apparent reference to Tiger's recent spate of plane cancellations, rival Air Asia has begun running full page ads picturing a crying Tiger teddy bear with the caption "If tigers were meant to fly, they would be born with wings".
Noble Group Limited plans issuance of US$ perpetual capital securities
Noble Group Limited is plannng to issue US$ denominated perpetual capital securities as it targets to raise additional funds.
Keppel Land China secures S$376mln Chengdu prime residential sites
New acquisitions reflect continuous focus and seizing of opportunities to grow China portfolio.
M1 first nine months profit up 5.7% to S$119.6mln
Total customer base reached 1.892mln as the company added 43,000 new customers in the third quarter.
Tiger Airways launches membership card
Tiger Airways has soft launched its $29.95 Stripes membership card that targets to give members priority access to special fares and promotions.
Singapore Exchange net income down by 21% to $74.1 million in first quarter
Singapore Exchange (SGX) blames the lower trading value and subdued market activities to cause the 21% drop in net profit to $74.2 million in the first quarter of 2011 from $94.1 million during the same period a year ago.
URA private residential property sales down 28%
Jones Lang LaSalle expects full year’s sales volume to be higher than its previous projection to 14,500 units.
Asia Pacific sees resurgence in property investment volumes in Q3
Direct commercial real estate investments in Asia Pacific totalled US$18 billion this quarter according to Jones Lang LaSalle.
Great Eastern subsidiary and Malaysian company establish JV
i-Great and KAT forms a takaful company that was awarded a Family Takaful licence.
DBS Bank prices S$1.7bln preference shares
The securities to pay a non-cumulative fixed dividend rate of 4.70% per annum.
SIA Cargo inaugurates services to Tokyo via Bangkok and Taipei
New services to enhance economic ties and cooperation between South East Asia and Japan.
Singapore inflation to rise to 4%: MAS
The central bank said the inflation rate will rise by the end of 2010 and stay high in the first half of 2011.
Singapore economy just hit a brick wall - worst quarterly drop since 1975!
News just out today from the MAS shows the economy hit a brick wall, contracting an unprecedented 19.8 % quarter on quarter.
Paramount Hotel and Shopping Centre for sale by tender
The property is a prime redevelopment site in District 15 accessible to Changi Airport, CBD and Orchard Road.
Major investment transactions for industrial properties up to $835.7mln
CBRE expects rents for factories to continue to rise at slower pace in fourth quarter.
Available property investment capital targeting Asia up 29%
DTZ Research predicts 22% increase in available capital for global real estate investment next year to US$281bln
Wilmar barely affected by Indonesian moratorium
The company believes Indonesia has enough non-forest degraded lands to accommodate growth of plantation businesses.
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