News

Singapore expects 12 million visitors for 2010

The Singapore Tourism Board (STB) announced its forecast for this year of S$17.5 – S$18.5 billion in tourism receipts.

Singapore expects 12 million visitors for 2010

The Singapore Tourism Board (STB) announced its forecast for this year of S$17.5 – S$18.5 billion in tourism receipts.

OCBC Cycle Singapore raised over $35,000 for charity

Enthusiasts and professionals alike enjoyed a weekend of cycling to help the National Cancer Centre Research Fund and the Singapore Children’s Society.

StanChart profits up 4% to $3.38bln on strong wholesale banking

Client income, which made up 74 percent of all Wholesale Banking revenue, grew 22 percent to US$6.88 billion.

Asian REIT markets saw continued recovery in 2009

Aside from acquisitions, Singapore REITS also saw surge in fundraising activity through rights issues and new units placement.

Compassvale Bow parcel receives highest bid at $193.28mln

Sengkang E6 made 11 companies submit themselves as tenderers for Executive Condominium (EC) housing development of the 19,000 sq m land parcel.

Tiger Airways enhances call centre services

Tiger Airways plans to improve its call centre services as part of its Customer Task Force introduced in 2009.

Sino-Singapore Tianjin Eco-City to house a training centre

Singapore schools and educational institutions will be brought on board to establish the Skills Training & Development Centre (STDC) in the Eco-City.

Server shipments fell 3.8% in APAC in 2009

Strong growth, however, was seen in the fourth quarter with server revenue in Singapore rebounding on active spending by the public sector.

Luxury projects post maximum $3,400 psf launch price

With higher launch prices last quarter compared with 2008, the luxury residential market is set for expected rebound.

Monetary Authority of Singapore tells insurers to remain vigilant

In a speech by Mr Low Kwok Mun, the Executive Director stressed the need for insurers to strengthen their risk management capabilities and corporate governance.

Tiger Airways offers 100,000 seats at $0 plus taxes

The seats on sale to 11 regional destinations from Singapore are only open for booking from 4 to 10 March 2010.

Singapore Q4 2009 airfare up 1% despite crisis

American Express survey showed air travel cost to increase to 6% this year as economy improves.

82% of ICT companies expect growth in 2010

Expected growth is between 5 to 20 percent with 70% of respondents indicating there will be continued or increased expansion into overseas markets.

Registers of Electors open for public inspection

Singapore citizens have until 8 March 2010 to check their names and make claims or objections if necessary.

Manufacturing output rose 39.4% in January 2010

Electronics and biomedical manufacturing clusters were the top performers with 80.6% and 48.4% year-on-year growth respectively.

Singapore Airlines deploys A330-300s on more routes

SIA will replace its Boeing 777 operations on particular destinations and also start using Airbus A330-300s on regional routes.

908,000 people visited Singapore in January 2010

Recorded as the highest ever in the month of January, visitor arrivals to Singapore grew by 17.6% year-on-year.