News

SingTel splits three ways

Consumer, ICT and Digital are new divisions, as telco looks for new ICT business head.

Price hike alert: SIA to increase fuel surcharges

Continued high fuel prices are propelling Singapore Airlines’ fuel surcharge for tickets issued on or after 8 March 2012.

Why did SingTel pay $321 million to acquire Amobee ?

Could be the telco has major ambitions in mobile advertising.

Currency Briefing - what you need to know for Mon March 5, 2012

The Singapore dollar lost a little ground to the US dollar which ended last week's North American trading session higher against the G10.

Singapore Markets Morning Briefing - what you need to know for Mon March 5, 2012

Last Friday's session in the US was muted and the Nikkei started flat.

Will the power industry avoid a manpower shortage?

Probably if the newly formed taskforce trains enough young Singaporeans to replace retirees.

Supply of BTO flats and ECs upped

This should provide more affordable housing options to second-timers, says HDB.

SingTel notes issue four times oversubscribed

The order book closed after receiving interest of approximately US$3.25 billion.

What you need to know about Genting Singapore’s first perpetual bond issue

S$1.8 billion worth of perpetual bonds will be issued in the denomination of S$250,000.

Currency Briefing - what you need to know for Fri March 2, 2012

The Singapore dollar is now trading at $1.2476 as the US dollar drops against all of the major currencies except for the euro and Swiss Franc.

Singapore Markets Morning Briefing - what you need to know for Fri March 2, 2012

There was recovery in US equity markets and the Nikkei started strong.

City Developments on a fast growth track: DBS

Major revenues from its pre-sold units and China expansion will soon kick in.

City Developments landbank a huge liability

Its landback now stands at 5.56 million sq ft and poses lopsided risks, says OCBC.

Raffles Education signs accord with Langfang Fenghe for sale of Hebei, China properties

A Raffles Education subsidiary entered into an overall agreement with Langfang Fenghe International Golf Club.

Yanlord Land profit down 23.9%

Net profit attributable to shareholders in FY 2011 dropped to RMB1.482b.

UOB prices US$500 million 2.25% fixed rate senior notes

UOB announced that it intends to issue US$500 million 2.25% fixed rate senior notes due 2017.