News

HLGE will have a loan extension of S$93,000,000 originally granted to refinance the zero coupon, unsecured, non-convertible bonds issued by HLGE in 2006. It matured on July 3, 2009.

The economic recovery in 2010 was met with a 36 per cent-on-year increase in employment opportunities. A record 50,200 jobs were made available as of September 2010.

The 7,200 kilometre Asia Submarine-Cable Express will link Singapore directly to Japan, the Philippines and Hong Kong.

ST Engineering’s aerospace arm has received the business licence from the Administration of Industry and Commerce of the Guangzhou Municipality to establish its aircraft repair facility in the region.

Rental and capital value of office space rebounded in 2010 from bottom in 2009, leases in the central region increasing 4.7% in 4Q2010 compared to 6% in previous quarter.

The Singaporean food products company’s acquisition of 100% in equity interests in Britannia Food Ingredients Holdings Limited and Britannia Storage and Distribution Limited will take place within the next three years.

Buyers are seen to adopt a "wait and see" attitude for the market's response to the latest set of government measures announces January 13.

Singapore Airlines reported a lower third quarter net profit.

PropNex estimates an overall 5–8% growth for private residential properties, while different types of properties will see varying growth rates.

Prices of non-landed properties increased by 14.0% for year of 2010 as a whole.

Total acquisition cost works out to $1.056 per square foot per plot ratio.

The 2-year bond had a yield of 4.25%, said OCBC.

Japan led the market activity with $600 million worth of transactions.

The two new integrated resorts in Singapore have provided a significant boost to the market.

Ascott to expand presence in India by adding 1,600 apartment units across seven properties in Bangalore, Ahmedabad, Chennai and Hyderabad.

The listing served as an endorsement of MSC’s strong business fundamentals and industry prospects.