News
NOL Group buys vessels worth US$1.2 bln
NOL Group buys vessels worth US$1.2 bln
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.
MDA charges SingNet $50,000 for TV outage in March
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.
Singapore Airlines served 7.7% more passengers in June
Overall cargo traffic also continued growth at 14.2% and outpaced systemwide capacity growth of 12.4%.
Keppel strikes S$170mln deal with 2 Brazilian firms
Keppel O&M furthers 30-year partnership with the Brazilian market as it serves SBM and QGOG.
CapitaCommercial Trust's distributable income up 17.8%
The firm unlocked value from the sale of Starhub Centre with S$113.3mln gain.
M1 to offer iPad with Wi-Fi + 3G
Firm upbeat on plans that provide value and flexibility as it sells them without contract.
Keppel Land grows profit to $134.7mln in the first half of 2010
Strong contributions came from Reflections and Caribbean at Keppel Bay and Marina Bay Suites as well as up sales in China and Indonesia properties.
CapitaMalls' RM1.0 bln fund proposal is not yet final
CMA clarifies the details of the billion ringgit proposal in response to a story published by The Business Times on 17 July.
Singapore property market segments rebound in 2Q 2010
Estimated 19.3% economic growth made buyers upbeat on property but caution on European debt crisis remains.
Temasek's first offering of sterling-denominated bonds oversubscribed
Buyers bid for double the securities on offer despite sterling bond sales halved to 53bln pounds.
SingTel increases finance unit's share capital to S$50mln
SingTel Treasury had only S$2 share capital before parent company injected $50mln.
Neptune Orient Lines container carriage up 29%
NOL's average revenue per container in June jumped 32% from a year ago to $2,892.
Templeton reduces Parkway stake to 4.97%
US fund manager sold 357,000 shares as Khazanah and Fortis fight for control of Parkway.
SMRT rail ridership up 12.3% in June
Increased connectivity of public transport and high costs of car ownership boosted ridership growth.
URA announces two residential areas up for grabs
The two residential sites at Jalan Eunos and Buangkok Drive/Sengkang Central will together make available a total of 1,020 housing units.
DBS to issue European Style warrants on CapitaMalls shares
The 30,000,000 proposed warrants, priced at S$0.202 each, should entice possible investors.
iPad to land on Singapore on Friday
Singaporeans can get the innovative gadget whose prices range from S$728 to S$1228 from authorised dealers.
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