News
SMX completes first trading, clearing and settlement cycle
SMX completes first trading, clearing and settlement cycle
Multi-product commodity and currency derivatives exchange builds upon its proven and scalable systems and risk management.
SGX sees sustained derivatives trading and OTC clearing growth
Reported 10% daily average value traded growth and 19% year-on-year surge in overall derivatives trading volume.
Singapore Airlines promotes Western Australia
Singapore Airlines partners with TWA to fund marketing campaigns and promote inbound tourism to Western Australia.
SingTel targets single-rate roaming network
Company plans to issue single charge for its pan-regional roaming network in eight Asian countries.
Singapore to invest $44bln to double rail network
Present rail network not enough for Singapore's growing population currently at around 5mln.
M1 offers 1Gbps plan and fixed voice service
Company provides a range of other competitive plans for high speed services using new fibre network.
Asian REITs' total first half market capitalization up 25%
Yet weighted average dividend yield contracted to 6.86 per cent in the first half of 2010.
SGX releases proposed Policy Statement on Sustainability Reporting
Seeks feedback on adoption of sustainability reporting and policy guidelines as holistic approach towards corporate disclosure.
APB builds new packaging facility in Vietnam
Improved capabilities and continued investments to augment company’s S$130mln profit in IndoChina region.
Launching: Dorsett Residences and Loft@Nathan
Dorsett Residences' location is adjourning to Outram Park MRT while Loft @ Nathan enjoys close proximity to the Orchard shopping belt.
Olam profit up 49.3% to S$272.1mln
Acquisitions fared well with acquired businesses contributing 29.2% and 34.0% of Net Contribution and EBITDA respectively.
NOL to issue S$280 mln notes due 2020
Proceeds will be exchanged into USD to be partially used for financing 12 new container ships.
Wilmar International completes acquisition of Natoleo
Following its acquisition of 91.38% of Natoleo, the agri-business group buys remaining shares for Malaysian Ringgit 42,452,830.
Tiger Airways to suspend 2 under-performing Australian flights
Operations would be stopped temporarily on November 10 and would resume if demand picks up.
Chip Eng Seng receives letter of intent for $142 mln contract
Construction and property firm to develop executive condo and 10 blocks of 17-storey apartments at Punggol Field.
Cosco delivers vessel to European buyer
The IOANNIS THEO measures 18 meters high, 32.26 meters wide and 189.99 meters long.
SGX to delist Avaplas
The manufacturer of plastic injection molding is expected to be taken off the official list of SGX-ST starting 9:00 am on 27 August 2010.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform