News

Receiving bad news though was the transport engineering cluster given the 17.7% decline in its output in February on a year-on-year basis.

One deal is for a Floating Production Storage and Offloading facility which, when completed, will be able to produce up to 45,000 barrels of oil per day and store 1,000,000 barrels of oil.

Temasek Holdings has purchased a 1.18 percent stake in LAN Airlines, Chile's flagship carrier.

Responding to REDAS President Simon Cheong's comments on Government intervention to stop private residential prices from rising, the Ministry of National Development says the aim is to maintain a steady and healthy property market.

SRPI will aid the analysis of price trends by offering a snap shot of the non-landed residential property market.

The 3.2 ha industrial site at Woodlands Avenue 12 has been launched for public tender for minimum bid price of S$25 million.

A S$400 million, 5-year Fixed Rate Note is part of issuance under HDB's S$7bln MTN Programme.

Rent-free incentives are still observed despite data showing increased business sentiment and more confidence in economy.

This weekend sees the launch of the Sentosa Cove Seascape, a preview of the W Residences by City Developments at $2500-$3000 per square foot and the Lviv in Newton.

As the world worries about a bubble in China's property market, Capitaland will tell investors today that "China's case is different from other property bubbles," that there is no bubble in China, and that it has raised China assets from 28 % to 36 % of its book as it goes all in a massive $20 billion contrarian bet.

The recession slammed sales of most categories of CapitaMall tenants, but you will never guess which had the worst sales slump.

A leading business media publisher seeks Singapore-based journalists to work freelance hours on business stories.

SingStat reveals higher fees at commercial institutions, playgroups and childcare centres were responsible for the increase of 2.2 percent in the education & stationery index.

To address the construction sector's loss of almost 260,000 man-days due to serious incidents in 2009, 10-year plan to improve safety has been finalised.

The Singapore Mercantile Exchange, the first Pan-Asian multi-product commodity derivatives exchange, will be launched in Singapore middle of this year.

Another $460 million will be received by more than 100,000 employers on 31 March 2010 as the first extended payment of the Jobs Credit.