News

Output in September rose by a solid 26.2% YoY on account of the rebound in pharmaceutical production although the final 3Q10 GDP growth saw the economy contracted by 18.7% QoQ saar (10.6% YoY).

Branch to meet increasing demand for banking services as companies expand in Vietnam and across Asia.

Global investors’ shift of interest to Asian developing nations and India’s position to become the third largest economy by 2050 prompted the team-up.

Sales of motor vehicles continue to tumble as the industry posted a 17.4% y-o-y decline in September due to the short supply of certificates of entitlement.

Well-equipped 650,000 sq.ft. yard in the US allows the company to expand engineering activities in the West.

The company advises customers to post their items earlier, especially on holiday season.

Profit attributable to equity holders rose from RM4.5 million to RM66.2 million due to increasing demand in dairy products from Malaysia, Vietnam and the Philippines.

PPL Shipyard will sell a jack-up rig, already under construction, to the world’s largest drilling contractor leading provider of drilling management services worldwide.

Core central region led sooner-than-expected sales recovery, following a 27% fall after 15 September 09.

From November 2009 to October 2010, a total of 5.6 million passengers flew with the budget carrier, an increase of 39% over the 4.0 million passengers in the preceding 12 months.

Nine banks were admitted as SGX Bank Clearing Members for the clearing of OTC traded financial derivatives products, which started with clearing of interest rate swaps.

Property buyers ignore cooling measures and snap houses with 1,587 private transactions in October, up from just 911 in September.

The residential site at Serene House will be sold via public tender while offers for the commercial/Residential Development at 10 Serene Centre should be made via Expression of Interest.

On top of revitalizing the content of its website—now a business unit by itself— the airline is also set to grow its current fleet from 21 to 43 by March 2013.

Forms joint venture with Republic of Gabon to set up a port-based ammonia-urea fertilizer complex.

Revenue increased 5.2% to $823.4mln with increases coming from almost all business segments as overseas businesses accounted for 42.5% of total revenue.