News

ST Engineering completes ST Electronics-PCI divestment

ST Electronics-PCI Co Ltd is no longer a subsidiary of ST Electronics (Shanghai) Co Ltd, a subsidiary of Singapore Technologies Electronics Limited.

ST Engineering completes ST Electronics-PCI divestment

ST Electronics-PCI Co Ltd is no longer a subsidiary of ST Electronics (Shanghai) Co Ltd, a subsidiary of Singapore Technologies Electronics Limited.

Property Week: Buyers find peace at Sanctuary 813

Of recent property launches, Holland Grove and Sanctuary at 813 have received good response from the public since the launch.

Workplace fatalities up 4.5% in 2009

Despite the 2.1 percent drop in overall work injuries last year, the Workplace Safety and Health Council calls on employers to keep workers safe at work and prevent unnecessary loss of life.

Retail rents unchanged in first quarter

Estimates show rental values of retail space both in prime and suburban areas remained at as much as $39.70 per sq ft per month.

Gazprom Marketing and Trading opens Singapore office

GM&T is launching its operations in Singapore to deepen relationships between LNG suppliers and customers in the region.

Singapore's fourth university accepts applications

The Singapore University of Technology and Design (SUTD) has started its undergraduate admissions exercise on 20 March 2010.

Keppel delivers floatel 43 days early

The semisubmersible accommodation rig Floatel Superior will be departing Singapore for Bayu Undan in the Timor Sea as part of Keppel FELS' deal with ConocoPhillips Australia.

Tender closed for Mohamed Sultan Road site

Top tendered sale price was $17,190,000 by Link (Thm) Holdings Pte Ltd for the 6,176.4 sqm office site.

Tiger Airways inks financing deals with StanChart

The two multi-million dollar arrangements are for pre-delivery payments (PDP) of six Airbus 320s and the purchase of additional seven.

SPH Magazines scoops Magazine Publishers Association of Singapore Awards

Publications of SPH Magazines won 5 Gold awards, 8 Silver awards and 2 Bronze awards at the MPAS Magazine Awards 2010.

S-REITs face challenges despite resilience

Modest recovery in the economy and the strong supply of new properties are weighing on Singapore real estate investment trusts, says Moody's.

Study shows emerging pay-for-performance culture

Latest study on remuneration reveals nearly 40% of participating companies intend to increase the target level of their executive short-term incentives in 2010.

Singapore becomes home-base of biomedical firms

In 2009 biomedical sciences investments amounted to S$1.2 billion in total fixed asset investment and S$700 million in total business spending.

Non-oil re-exports fell 5.4% in February

The drop, attributed to a decline in both electronic and non-electronic NORX, reversed the 7.4 percent rise in the previous month.

Singapore manufacturing hollowed out as 43,700 jobs lost in 2009

Additional manufacturing jobs during Q4 2009 were not enough to offset the losses after workers were let go for four consecutive quarters.

New BTOs face possible oversubscription

Recently launched Build-To-Order (BTO) projects Fernvale Ridge in Sengkang and Sembawang RiverLodge in Sembawang are expected to be well-oversubscribed by at least eight times each.

Lian Beng secures $78mln Centro Residences deal

The building construction group won the $78 million deal from Far East Group to build a 34-storey residential tower opposite Ang Mo Kio MRT station.