News

Higher container shipping volumes and rates pushed Neptune Orient Lines (NOL) 3Q10 net profit to increase by 102% to $282 million from $139 million, according to Phillip Securities Research Pte Ltd.

Event will reveal some of developments, understand how Singapore’s new property measures will affect investors.

In apparent reference to Tiger's recent spate of plane cancellations, rival Air Asia has begun running full page ads picturing a crying Tiger teddy bear with the caption "If tigers were meant to fly, they would be born with wings".

Noble Group Limited is plannng to issue US$ denominated perpetual capital securities as it targets to raise additional funds.

New acquisitions reflect continuous focus and seizing of opportunities to grow China portfolio.

Total customer base reached 1.892mln as the company added 43,000 new customers in the third quarter.

Tiger Airways has soft launched its $29.95 Stripes membership card that targets to give members priority access to special fares and promotions.

Singapore Exchange (SGX) blames the lower trading value and subdued market activities to cause the 21% drop in net profit to $74.2 million in the first quarter of 2011 from $94.1 million during the same period a year ago.

Jones Lang LaSalle expects full year’s sales volume to be higher than its previous projection to 14,500 units.

Direct commercial real estate investments in Asia Pacific totalled US$18 billion this quarter according to Jones Lang LaSalle.

i-Great and KAT forms a takaful company that was awarded a Family Takaful licence.

The securities to pay a non-cumulative fixed dividend rate of 4.70% per annum.

New services to enhance economic ties and cooperation between South East Asia and Japan.

The central bank said the inflation rate will rise by the end of 2010 and stay high in the first half of 2011.

News just out today from the MAS shows the economy hit a brick wall, contracting an unprecedented 19.8 % quarter on quarter.

The property is a prime redevelopment site in District 15 accessible to Changi Airport, CBD and Orchard Road.