News

Independent Directors of Sino-Environment Technology Group were granted court orders to restrain their executive directors from selling any major assets.

An alternative settlement scheme for RMB 1.5 billion convertible bonds will ease cash flow pressures on Delong Group.

ARA Asset Management Limited has launched its real estate management services business division after being appointed property manager of Suntec REIT’s Suntec City Properties.

Singapore Exchange Ltd is inviting public feedback on proposed new measures to strengthen the practices of corporate governance as well as rule amendments to foster greater disclosure.

The tender for an industrial site along Pioneer Road North/Soon Lee Drive closed yesterday after an application bid of $8.2 million came in.

In the context of society’s increasingly urgent need for faster, better, more reliable IT needs, Singapore’s leading IT professionals sat down at the China Club to discuss the issues that Cloud Computing has thrown up. The roundtable event by the Singapore Business Review and EMC engaged its participants in an intriguing discussion on the concerns with Cloud Computing today and how companies really view this growing practice. Elizabeth Low brings you the highlights of the discussion.

Straits Asia Resources Ltd., is in talks with banks for a potential $380 million worth of five-year loan intended for maturing debt repayment.

Singapore Exchange Limited launched its new clearing system SGXClear on 7 December 2009, which will allow it to clear more complex and diverse products.

A new report by management consultancy Hay Group finds Singaporean managers enjoying more disposable income compared to most of their Asian peers.

In light of various private school fiascos, the Council for Private Education will make fee protection options available to private education institutions under the new regulatory regime.

In a bid to increase market transparency, the Singapore Exchange Limited (SGX) yesterday made marking of shortselling orders compulsory.

In a bid to extend its portfolio, Asia Pacific Breweries Limited entered into agreements with Heineken to buy major stakes in beer brands Bintang and Number One.

Telco rivals StarHub and SingTel compete yet again for broadcast rights, this time for the 2010 soccer World Cup.

The Monetary Authority of Singapore today signed a Memorandum of Understanding (MOU) with the Central Bank of Bahrain.

After much deliberation, both StarHub and M1 have finally announced plans to launch the iPhone 3GS in Singapore on 9 December 2009.

The hedge fund firm is concretising its expansion in Asia with a new office in the island country.