News

Swiber to raise US$100m through bonds due 2014

These bonds are convertible to 5% share of common stock.

Grade A office occupancy in its lowest level in six quarters

Average CBD occupancy slumped to 92.6% in Q3 2011 from 93.5% in the previous quarter.

Singapore is 7th most expensive office location worldwide

As Grade A office rents surged 18.4% to US$87 psf/year in the first half of 2011.

SGX questions Tiger Airways’ suspicious trading activity

Tiger’s volume of shares substantially increased, and SGX is left doubtful.

Singapore ranked 6th most expensive warehouse location globally

Rents of prime warehouse surged 18.2% to US$18.57 per sq ft per annum.

Singapore beats Hong Kong in warehouse rental growth

Hong Kong's 10.81% rental hike was surpassed by Singapore's 12.4%.

Not so happy new year: Margins seen to shrink for O&M firms in FY 12-13

EBIT margins for Sembcorp Marine and Keppel Corp are seen to drop from 21% in FY11 to 15% next year.

SGX queries Cambridge Industrial Trust on land allocation of two BTS facilities

CIT has been assigned the land at Tuas View Circuit to develop a Built-to-Suit facility for Peter’s Polyethylene Industries.

China Animal Healthcare’s delisting from SGX not finalized

The manufacturing company clarifies reports that it may be the subject of a privatisation from SGX and SEHK.

How hard can it be to get a job in Singapore?

It will be very difficult as 58% of Singapore executives won't be hiring this quarter.

NOL sailing in rough waters

ARPF fell 8.5% to US$2,799 as customers hold back on shipments due to economic uncertainty.

Busted: SMRT fined $200,000 for security breach

Investigations by LTA found that SMRT had failed to exercise the due diligence and vigilance expected of a public transport operator.

CapitaMalls Asia profit down 30% to S$36.5m

This is for the third quarter, and fingers point to the one-off provision for its Hong Kong listing expenses as the culprit. Figures look good though in terms of the first nine months of the year.

Sembcorp Marine subsidiary clinches $100mln contract for Aussie LNG firm

SMOE inks deal with Bechtel Overseas for the module assembly at the LNG facility on Curtis Island, Queensland, Australia.

September sales boost anemic home sector

A total of 2,064 units were transacted last month, a 25.8% jump from August.

SIA registers sluggish cargo growth

The airline’s freight tonnage kilometer came in flat at a marginal 0.1% m-o-m growth.