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However, in RMB terms, CRCT’s gross revenue achieved a net income of RMB97.2 mln in the second quarter, which is up 8.8% from the same period in 2009.

Keppel Corp improved its net profit by 11%, but review of Group performance revealed pre-tax profit from Infrastructure Division fell to $51 million due to lower contribution from EPC contracts.

But only among global financial hubs, with Singapore’s monthly parking rates at US$192.89.

Singapore’s low-cost airlines continue to expand in Greater China with the addition of Taipei, when flights commence on 11/1/11.

OCBC becoming the first financial institution to launch applications for one of Apple’s latest gadget, continues to pull on technological innovation for its clients and investors.

FSL wants remedy for all the damages caused by the arrest of Nika I and FSL Singapore.

Clearing services will cover routes from Shanghai to Europe, Mediterranean, US West Coast and US East Coast.

The Singapore state investor expressed intentions to launch a S$1 billion 40-year benchmark Temasek bond set to mature in August 2050.

The agribusiness company said the steady growth of the oleochemical industry is due to sustained economic development and increased global demand for an eco-friendly functional product.

The shipping and logistics company is investing in 12 new vessels to meet future growth needs and to replace those with soon-to-expire charter agreements.

Media Development Authority said SingNet failed to comply with licence conditions on Quality of Service and Consumer Service when it had a software glitch on 1 March 2010.

Overall cargo traffic also continued growth at 14.2% and outpaced systemwide capacity growth of 12.4%.

Keppel O&M furthers 30-year partnership with the Brazilian market as it serves SBM and QGOG.

The firm unlocked value from the sale of Starhub Centre with S$113.3mln gain.

Firm upbeat on plans that provide value and flexibility as it sells them without contract.

Strong contributions came from Reflections and Caribbean at Keppel Bay and Marina Bay Suites as well as up sales in China and Indonesia properties.