News

Singapore furniture firms to conduct business mission to US

Singapore furniture firms to conduct business mission to US

Aims to boost business with world's largest furniture importer as firms capitalise on US economic rebound.

CapitaLand to build Raffles City Shenzhen

Developer's sixth project in China eyed to be a one-stop dining, shopping and lifestyle destination.

Tiger Airways passengers up 54% from last year

Airline posted its first recorded 12-month period exceeding 5mln passengers.

JPMorgan chooses Singapore for precious metals vault

To be opened during the third quarter of 2010, the precious metals vault facility will facilitate trading in gold and other valuable commodities.

Club Med Singapore revenue soars by 15%

Record season attributed to success of all‐inclusive vacation concept even during recession.

SingTel secures broadcast rights to the 2010 FIFA World Cup

All 64 matches ‘live’ across SingTel’s mio TV and mobile, with free online viewing in high-definition.

Singapore Exchange opens doors for Mann Seng Metal

The Malaysian company started trading of its shares under Catalist with market capitalisation of $22.5mln.

Sembcorp Marine profit up 24% to $148.8mln

Group expects profit growth to continue next year as outlook for global oil demand soars.

PropNex supports new MND proposal on industry regulation

Company sees Council for Estate Agencies as a body that furthers the professionalism of the industry.

Keppel Land wins award for strategic Lakeside development

It plans to develop more than 500 homes on the 1.6 ha-site which drew keen bids.

Singapore medium-sized firms face talent sourcing problem

55% of businesses earning $1mln to $45mln yearly see finding competitive staff their key problem.

MND eyes forming new board for estate agencies

Ministry will introduce bill to Parliament 2H 2010 to raise professionalism of real estate agency industry.

Sembcorp: We did not breach any law in Cascal bid

Sembcorp's statement was in response to Cascal's filing of legal proceedings in the New York District Court as the US-listed Dutch water company seeks recovery of damages.

URA awards Lakeside Drive tender to Keppel Land

Keppel Land (Mayfair) Pte Ltd was named the successful tenderer for the Boon Lay Way / Lakeside Drive residential site with bid price of $302,980,000.

OCBC Group profit soars to $676 million

Profit up 24% year-on-year and 35% over the previous quarter behind non-interest income growth, low credit losses.

SGX securities trading up 34% to $35bln

Securities and commodities activity strong in April as investors maintain interest and confidence on market.

Asian real estate investment turnover up 215%

Singapore witnessed strong rebound in investment activity as it posted 24% rise in transaction turnover volume.