News
Shell Eastern Petrochemicals Complex to start up 2nd unit
Just two and a half months after the opening of Shell's mono-ethylene glycol plant, its ethylene cracker complex is now being prepped for start-up.
Shell Eastern Petrochemicals Complex to start up 2nd unit
Just two and a half months after the opening of Shell's mono-ethylene glycol plant, its ethylene cracker complex is now being prepped for start-up.
Tiger Airways 3Q profits up to $14.1mln on traffic growth
Passenger numbers increased 54% resulting to revenue growth from $107.8 million to $139.5 million.
Moody's gives Aaa to Temasek's 15yr, 25yr notes
Disciplined management and committed goal of maximising long-term shareholder results translated to company’s Aaa rating.
Banyan Tree profits down 57% on Thai economic woes
But Group is upbeat for 2010 as its 2009 Q4 net rockets by 87%.
Abacus International optimistic on 5% travel bookings growth
Emerging markets and ancillary products sale make company upbeat despite 1% 2009 overall bookings decline.
Marina Bay Sands set to open 27 April
$5.5 billion resort's Sands SkyPark and its grand opening celebration to follow on 23 June.
Tiger to fly to three new Indian destinations
The airline, which currently serves two destinations in south India from Singapore, is exploring flying to Trichy in Tamil Nadu and to Trivandrum and Kochi in Kerala state.
SuperBowl profits up to $6.4 million on stable property rental and bowling earnings
Group was able to achieve a turnaround despite revenue drop from Funworld and Supercue.
Sembcorp profits up 63% on more rig building projects
Yet Group's 2009 4Q turnover slid by 17% due to timing of revenue recognition.
Property tax changes benefit low income earners: PropNex
PropNex CEO Mr Mohamed Ismail said the Budget 2010 aims to level the playing field further, especially for the lower-income bracket households.
Warren Buffet's 2ic praises Singapore in parable about America gone wrong
Charles Munger lauds the concept of good regulation in the form of a "good father" "Benfranklin Leekwanyou Vokker" as the right way to run an economy as America sinks into the abyss. Munger is Warren Buffet's right hand man at Berkshire Hathaway.
Resorts world to lease Tiger planes
Resorts World has entered into a deal to lease its first plane from Tiger to fly in the punters from around Asia starting later this year.
Measures take effect to ensure a stable property market
The Government introduced a Seller’s Stamp Duty (SSD) and lowered the Loan-to-Value (LTV) limit to 80% for all housing loans.
OCBC 2009 profit up 12% on non-interest income surge
37% growth in non-interest income together with lower cost-to-income ratio helped lender earn S$1,962mln.
75% of Singaporeans satisfied with current beauty spending
91% don’t follow trends without thorough beauty product knowledge as prudent Singaporeans seek more holistic benefits.
2010 growth forecast pegged at as much as 6.5%
Expectations are higher with the Ministry of Trade and Industry revising its forecast following the 4% GDP expansion during the last quarter.
Roxy-Pacific Q4 2009 profit up 104% to S$5.9mln
87% rise in Group’s property development propelled profit to S$5.9mln in Q4 2009 amidst economic downturn.
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