News

Olam declares offer for NZ Farming Systems unconditional

Olam declares offer for NZ Farming Systems unconditional

Company upholds its strategy that includes participation in dairy farming in low cost origins.

Singapore Exchange to clear OTC traded financial derivatives

SGX AsiaClear's expansion along with clearing membership growth provide infrastructure for higher levels of market activity.

Raffles Hotels & Resorts expands overseas operations

Group to debut Raffles Praslin and Paris after launching in Makkah and Tianjin.

ST Aerospace secures S$85mln contracts from T'Way Air

Two contracts involve repair and maintenance programmes for Boeing 737 as company provides comprehensive airlines support.

Changi subsidiary secures design and build contract for Durgapur Airport

CAPE to develop 2,800-metre-long runway and passenger terminal building capable of handling one million passengers annually.

COSCO secures US$51mln contracts for two bulk carriers

Company’s Dalian shipyard also delivered 80,000 dwt bulk carrier, “MAIRINI” to its European buyer.

Keppel to deliver derrick pipelay vessel to Global Industries

162 metre-long GLOBAL 1200 capable of operating in 3,000 metre waters on schedule for delivery.

SGX to launch new OTC rubber clearing service

Service for agricultural commodities providing tool against risks for rubber market participants to start 11 October.

Banks fall short on customer loyalty in Asia Pacific

Customers feel unappreciated, unrecognized and under rewarded by their banks.

Tiger Airways secures French agency's backing to purchase 9 aircrafts

Total number of owned aircraft in fleet will increase to 11 through deal with StanChart.

Noble Group sports new look

New logo and corporate identity aimed to reflect modernity and sustained evolution.

Olam to turn to shareholders for raising capital

Move to replenish capital if it gains majority stake of NZFSU.

Asian investors lead global property market recovery

Asia-Pacific transaction volumes up 40% in first half of 2010 despite economic uncertainties elsewhere.

Tiger Airways passengers up 47% to 5.5mln

Load factor from September 2009 to August 2010 increased by 5 percentage points to 86%.

SGX launches ADRs of 19 major Asian companies

ADR offering gives customers opportunities to act quickly on information and news-flow on major Asian companies.

Sembawang Shipyard secures $110mln upgrading and repair contracts

Contracts comprise of lengthening and dry-docking repairs of Aratere and repairs of 5 membrane LNG carriers.

Freighter Tri-MG Airlines lands at Changi Airport

Changi posted 15.8% airfreight growth in first seven months of 2010, having moved 1.04mln tonnes.