News
Sembawang Shipyard secures S$75mln FPSO conversion and uprgading contracts
Sembawang Shipyard secures S$75mln FPSO conversion and uprgading contracts
Contracts include BW Genie conversion to FPU from BW Offshore and FPSO Glas Dowr upgrading.
DBS invests S$200mln in DBS Asia Hub
Bank's multi-market strategic occupancy plan to deliver improved regional connectivity and greater customer value across Asia.
Singapore residential property price hike loses steam
Sales volume seen to decrease as sellers maintain asking prices while buyers bid for lower prices.
Singapore businesses beefing up web usage
Majority of businesses using hosted applications and moving on to higher bandwidth speeds for Internet connections.
Singapore Airlines empowers geographically distributed workforce with IBM
Airline expanding use of IBM Lotus Collaboration Software to strengthen its global communications.
ST Kinetics establishes construction equipment company in India
S$50mln LeeBoy India investment part of company’s strategy to grow its Specialty Vehicles and Services business.
Third quarter average office rents up 7.3%
Singapore’s private conventional industrial rents were stable following a slight increase in the previous quarter.
New supply boosts prime residential rentals
Market average expected to maintain or rise marginally despite completion of good quality developments.
Singapore Exchange upgrades Securities Borrowing and Lending service
Improved service enables 80% of total listed stocks on SGX to lend or borrow via CDP.
Singapore property measures to cap rising home prices
2 measures directed at private residential and public housing markets dampened market sentiment and sales activity.
DBS to invest S$250mln in Asian treasury & markets business
Move underscores T&M’s ambition to be leading Asian currency and fixed income house following exponential growth.
Singapore Airlines to transport pandas to Singapore
Wildlife Reserves Singapore and China Wildlife Conservation Association picks SIA following carrier's US$3mln Sumatra conservation donation.
Sembcorp Marine receives US$40mln settlement from Societe Generale
Both parties settled dispute amicably after Sembcorp sued SG to reclaim US$199mln unauthorized forex losses.
Singapore Exchange offers corporate bonds for retail investors
SGX to launch investor education through seminars and workshops to better understand fixed income investments.
HDB releases 1,329 new flats targeting young couples
Flats in Woodlands Dew and Woodlands Meadow attractively priced, designed and situated for newly weds.
Olam declares offer for NZ Farming Systems unconditional
Company upholds its strategy that includes participation in dairy farming in low cost origins.
Singapore Exchange to clear OTC traded financial derivatives
SGX AsiaClear's expansion along with clearing membership growth provide infrastructure for higher levels of market activity.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform