News

Sembcorp's statement was in response to Cascal's filing of legal proceedings in the New York District Court as the US-listed Dutch water company seeks recovery of damages.

Keppel Land (Mayfair) Pte Ltd was named the successful tenderer for the Boon Lay Way / Lakeside Drive residential site with bid price of $302,980,000.

Profit up 24% year-on-year and 35% over the previous quarter behind non-interest income growth, low credit losses.

Securities and commodities activity strong in April as investors maintain interest and confidence on market.

Singapore witnessed strong rebound in investment activity as it posted 24% rise in transaction turnover volume.

Shell Eastern Petrochemicals Complex is part of company’s drive to grow in Asian petrochemicals market.

New business embedded value grew by 37% and new sales by 20%.

Company continues to expand by setting up five colleges in 2009 and seven colleges in 2010.

Order book soared to $11.8bln at end of March, $3.2bln to be delivered within next months.

Rig delivered on time and within budget with zero incidents.

Latest and biggest NEWater plant will help meet 30% of Singapore's total water demand.

Global biotechnology and pharmaceutical companies that seek to capitalise on Asia's growth story are locating first-in-Asia manufacturing facilities and headquarters offices in Singapore.

Increase goes to Medisave and Special Accounts to help workers build up medical and retirement savings.

Analysts expect a modest recovery in the local office market over the next three quarters.

Global economic recovery, China's economic condition, inflation and appreciation of Asian currencies used as key factors.

Yet results disappointed analysts as company's total operating expenses increased 10% during the global recession.