News

Transfer of Optus assets to Australia's NBN likely

Singapore Telecommunications Ltd. has yet to proceed with a partial float as it awaits what's in store for its Optus unit.

Transfer of Optus assets to Australia's NBN likely

Singapore Telecommunications Ltd. has yet to proceed with a partial float as it awaits what's in store for its Optus unit.

Singapore beats Malaysia as top property investor

The financial crisis didn’t stop Singaporeans accounting for 73 % of all property transactions in ASEAN in Q4 last year.

Singaporean companies financial figures laid bare

ACRA, the Accounting and Corporate Regulatory Authority, has launched an online tool to let people analyse local companies' financial figures.

Dayen refocuses on its water business

After posting losses for almost half a decade, Dayen Environmental eyes S$300 million worth of water contracts for 2010.

Yanlord acquires land parcels in China for hotel project

Yanlord has purchased two adjacent land parcels in Hainan, China for $309.1 million.

SPH prints net profit of $145 million for Q1

Singapore Press Holdings has posted a net profit of $145 million for the first quarter ended 30 November 2009.

ST Marine forms new JV with Hovertransport

Singapore Technologies Engineering has announced plans to form joint venture Hovertrans Solutions, through its marine arm.

GIC buys Shanda Games stake; Shanda acquires US firm

The Government of Singapore Investment Corp purchased 5.4 percent stake in Shanda Games, China's second-largest online game company.

Tiger Airways speeds up delivery of new planes

Tiger Airways has announced that the delivery of its five new planes will be accelerated to early 2011 instead of 2016 as before.

Olam acquires Nigerian flour mill for US$107.6 million

Supply chain manager Olam International announced its acquisition of Crown Flour Mills Limited for a consideration of US$107.6 million.

Boustead launches war on Gothere.sg with new site

Popular street directory site Gothere.sg may soon face tough competition.

GIC books losses on Manhattan investment

Citing the property's debt problems, the Government of Singapore Investment Corp said losses have been booked for its Stuyvesant Town investment.

Burger King swallows 35 outlets from Bon-Food

Burger King Singapore has announced an agreement for the acquisition of 35 new Burger King outlets from Bon-Food Pte. Ltd.

Keppel's S$74.2 million solution goes to waste

One man’s waste is another man’s wages, as the people at Keppel Seghers are finding out.

Exchange traded funds hit record of S$4.6 billion

Turnover of exchange-traded funds listed on the Singapore Exchange hit a record high of S$4.6 billion for 2009.

Vessels arrive empty at Singapore port

Vessel arrivals in 2009 may have risen by 10.1 per cent increase from 2008, but these vessels are coming in increasingly emptier.

Ezra's US$17.1 million expansion

The acquisition of distressed energy equipment for US$17.1million is expected to extend the SGX-listed firm’s scope of services greatly.