News

SPH Q3 profit up 30% to $165mln but circulation revenue down

SPH Q3 profit up 30% to $165mln but circulation revenue down

Revenue from the Property segment rose by 43.4% but circulation revenue decreased by $1.7 million.

Tiger Airways to add 4 aircraft to Singapore fleet

Decision prompted by Asia Pacific aviation recovery and Tiger’s 52% increase in passengers.

CBRE calls for investors to buy prime strata office floors

The prime office floors are located at the 26-storey GB building in Cecil Street and costs $30.18 million.

SGX approves Westcomb Capital as Catalist sponsor

Sponsors' role is to provide guidance and assist Catalist companies in areas of rule compliance and corporate governance.

Singapore Airlines raises S$1.418 mln for Community Chest

Singapore Airlines raised funds through the sale of the evening’s tables, a silent auction and a raffle draw at its charity gala dinner.

Singapore Exchange lists ES Group Limited

SGX currently has 33 listed marine companies with total market capitalisation of more than S$46bln.

Sembcorp seizes Cascal shares for US$191 mln

The utilities and marine group is now a major shareholder owning 92.26% of shares in Cascal sold at US$6.75 each.

SGX and London Metal Exchange talk on Asian expansion

Although the scope of projects is not yet certain, both exchanges said they recognise the potential of a tie-up.

Singapore: a great place to die

We'll find out just how great when EIU releases the results of the Quality of Death Index on 14 July.

SMRT Engineering dumped by Nakheel on Palm Monorail operation

Nakheel has submitted an early termination to take care of its ongoing restructuring.

Temasek overcomes deficit as it increases value by S$56 billion

Temasek said it will continue to build its institution for the long term and deepen commitment to the wide community in Singapore and the rest of the world.

Tensions arise as reports continue to annoy Parkway

Parkway expresses disapproval on articles in Business Times, Today and The Straits Times dated 7 July 2010.

Logistic sector surges in 2009 despite global downturn

Investment commitments in Singapore's logistics sector reached S$481 million in 2009, which may create more than 1,200 jobs when fully implemented.

ASEAN companies urged to complete systems to automate growth

Analysts advice automation companies to watch market closely as ASEAN GDP forecast to grow 3.7% in 2010.

Keppel Land tops out Ocean Financial Centre

The Grade A office building, scheduled to open in 2011, is now 63% pre-committed with ANZ and BNP Paribas to lease about 209,000 sq ft and 58,000 sq ft respectively.

HGC to grab Marriott Surfers Paradise hotel for A$47 mln

Hotel Grand Central agrees to pay an amount of A$2,350,000 as initial deposit for the Courtyard by Marriott Surfers Paradise purchase in Queensland, Australia.

World experts to converge in Singapore Human Capital Summit 2010

MOM and WDA organised the convention to tackle Asia's human capital challenges as world recovers from crisis.