News

Construction bust looms as firms begin first layoffs in almost two years

Construction bust looms as firms begin first layoffs in almost two years

Overall unemployment fell down to 2.2% while redundancies remained at around pre-recession quarterly levels.

Developers put the brakes on new launches as buyers hold

Sales volume seen to moderate further by 15% to 35% in June.

Singapore and Malaysia mulling on slashing roaming rates

Regulators discuss with operators to lower rates by 30% for voice calls and 50% for SMSes.

URA sets tender for Clemenceau Avenue/Havelock Road hotel site

Developer committed more than $40.8mln bid price for the 0.55 ha land parcel.

SingTel to pioneer 3D TV in the region

Company will provide infrastructure to allow local broadcasters to play out 3D content for Singapore’s national 3D TV trial.

Port of Singapore defeats 19 other nominees

Named ‘Best Seaport in Asia’ and ‘Best Green Service Provider – Seaport’ to remain as the port of choice in the region.

Singapore Airlines to offer daily Munich-Manchester flights

Will increase flights from 5 times weekly to daily and upgrades Singapore-Germany flights to 21 per week.

ST Engineering secures $66.5mln project in Brunei

Project constitutes integrated Sungai Paku waste management and Sungai Akar engineered landfill project.

Delisting looms over NEL Group if unable to meet deadlines

No extension beyond the 9 December 2010 deadline will be granted to NEL Group for the company to complete and announce its audited accounts of FY 2008 and FY 2009.

SGX reprimands E3 Holdings and 6 directors

SGX to report violation on listing rules and failures of corporate governance to MAS.

Tiger Airways passenger volume up 52%

5.2mln passengers flew via the airline from June 2009 to May 2010.

Singapore top location for career-oriented overseas professionals

South East Asia’s economic growth drawing in top talents from all over the world.

Singapore firms embrace social media for enterprise collaboration

Survey shows 80% of global executives point collaboration as key to business success.

Heeton unveils designer residences iLiv@Grange

The 20,325 sq ft development expected to receive Temporary Occupation Permit by October 2013.

MAS releases monograph on Tenets of Effective Regulation

Tenets provide guidelines for Singapore finance system corresponding with review and tightening of international regulatory standards.

Launching: La Brisa and Tivoli Grande

Take your pick of upcoming boutique developments in D14 and D15.

Launching: Suites at Shrewsbury and Stevens Suites

Boutique developments in prime spots mark property launches this month.