News

Tiger Airways to land in Manila on 31 October

Tiger Airways to land in Manila on 31 October

Tiger’s low fares now accessible to all of Philippines with Manila as gateway, aside from Clark.

Singapore's visitor arrivals seen to increase by 7%

STB expects visitorship of between 12 to 12.5mln this year and 17mln by 2015.

Sembcorp Industries dismisses inactive subsidiary

The utilities and marine group has put SUT Seraya Pte Ltd under Member’s Voluntary Liquidation.

SingTel's mioTV garnered first quarter $14mln income

With customer base of 220,000, mio TV has become key factors in company's competitive strategy.

NOL Group finalises 12-ship order for Daewoo

The global shipping and logistic company now has a total of 12 vessels on its orders list with the addition of two 10,700-TEU vessels.

ComfortDelGro profit up 1.6% to $58.2mln

Group said growth would have been stronger had $15.2mln negative foreign currency translation effect is lower.

Fraser and Neave's 9 months profit up 60%

Group divested glass manufacturing unit for a $310mln cash consideration as it garners 8% revenue growth.

CapitaLand toughens holding units in Ascott Reit

In an effort to organize asset ownership, the property giant transfers its entire interest in Somerset Capital to The Ascott Limited.

Wilmar to buy 20% of shares in Kencana Holdings

Agribusiness group to invest in additional plantation assets with the proposed purchase worth SGD80,363,130.40.

SingTel profit stable at S$943mln

Lower contributions from associates were offset by strong first-quarter performance in Singapore and Australia.

MAS grants final approval to Singapore Mercantile Exchange

Approval seen as milestone towards creation of a pan-Asian exchange from Singapore.

Parkway profit up 18% to S63.4mln

Strong performance of Singapore and International Hospitals segment pushed shore up half year revenue by 8%.

Tiger Airways increases Malaysia distribution network with e-pay

Customers in Malaysia can pay cash at over 14,000 e-pay outlets, beginning with 4,000 Petronas kiosks.

SGX consults public on SGX EURO STOXX 50 Index Futures and Options

Consultation papers are made available on the SGX website starting 12 August 2010.

CapitaMalls Asia issues S$350 million worth of notes

Net proceeds of the notes will be used to finance investments of CapitaMalls Asia and CapitaMalls Asia Treasury.

Noble Group retains top position in agriculture and energy supply

The global supplier reported a revenue of US$24.3 million and ups gross profit by 32% in the first half of 2010.

SingTel's mobile customer base soars to 351mln

While SingTel leads the market as Optus continues growth momentum, Globe's customers declined by 2%.