News

Cosco appoints Liu Guo Yuan Chairman

Cosco appoints Liu Guo Yuan Chairman

Li Jian Hong vacated the post after his appointment as president of China Merchants Group.

StarHub offers cloud-computing solutions for Next Gen NBN

Launches new plans and cloud-computing solutions as it aims to deliver 150+ pay TV channels.

SMX completes first trading, clearing and settlement cycle

Multi-product commodity and currency derivatives exchange builds upon its proven and scalable systems and risk management.

SGX sees sustained derivatives trading and OTC clearing growth

Reported 10% daily average value traded growth and 19% year-on-year surge in overall derivatives trading volume.

Singapore Airlines promotes Western Australia

Singapore Airlines partners with TWA to fund marketing campaigns and promote inbound tourism to Western Australia.

SingTel targets single-rate roaming network

Company plans to issue single charge for its pan-regional roaming network in eight Asian countries.

Singapore to invest $44bln to double rail network

Present rail network not enough for Singapore's growing population currently at around 5mln.

M1 offers 1Gbps plan and fixed voice service

Company provides a range of other competitive plans for high speed services using new fibre network.

Asian REITs' total first half market capitalization up 25%

Yet weighted average dividend yield contracted to 6.86 per cent in the first half of 2010.

SGX releases proposed Policy Statement on Sustainability Reporting

Seeks feedback on adoption of sustainability reporting and policy guidelines as holistic approach towards corporate disclosure.

APB builds new packaging facility in Vietnam

Improved capabilities and continued investments to augment company’s S$130mln profit in IndoChina region.

Launching: Dorsett Residences and Loft@Nathan

Dorsett Residences' location is adjourning to Outram Park MRT while Loft @ Nathan enjoys close proximity to the Orchard shopping belt.

Olam profit up 49.3% to S$272.1mln

Acquisitions fared well with acquired businesses contributing 29.2% and 34.0% of Net Contribution and EBITDA respectively.

NOL to issue S$280 mln notes due 2020

Proceeds will be exchanged into USD to be partially used for financing 12 new container ships.

Wilmar International completes acquisition of Natoleo

Following its acquisition of 91.38% of Natoleo, the agri-business group buys remaining shares for Malaysian Ringgit 42,452,830.

Tiger Airways to suspend 2 under-performing Australian flights

Operations would be stopped temporarily on November 10 and would resume if demand picks up.

Chip Eng Seng receives letter of intent for $142 mln contract

Construction and property firm to develop executive condo and 10 blocks of 17-storey apartments at Punggol Field.