News

The two multi-million dollar arrangements are for pre-delivery payments (PDP) of six Airbus 320s and the purchase of additional seven.

Publications of SPH Magazines won 5 Gold awards, 8 Silver awards and 2 Bronze awards at the MPAS Magazine Awards 2010.

Modest recovery in the economy and the strong supply of new properties are weighing on Singapore real estate investment trusts, says Moody's.

Latest study on remuneration reveals nearly 40% of participating companies intend to increase the target level of their executive short-term incentives in 2010.

In 2009 biomedical sciences investments amounted to S$1.2 billion in total fixed asset investment and S$700 million in total business spending.

The drop, attributed to a decline in both electronic and non-electronic NORX, reversed the 7.4 percent rise in the previous month.

Additional manufacturing jobs during Q4 2009 were not enough to offset the losses after workers were let go for four consecutive quarters.

Recently launched Build-To-Order (BTO) projects Fernvale Ridge in Sengkang and Sembawang RiverLodge in Sembawang are expected to be well-oversubscribed by at least eight times each.

The building construction group won the $78 million deal from Far East Group to build a 34-storey residential tower opposite Ang Mo Kio MRT station.

StarHub and technology partner Huawei achieved peak data downlink speed of up to 42.2Mbps after concluding tests of its HSPA+ network using Dual Carrier frequency technology.

Subsidiary Cosco Nantong Shipyard of the Singapore-listed shipbuilder won a $500 million contract for Sevan Driller II Rig.

Government will continue to enhance the environment for R&D activities with annual expenditure in biomedical sciences exceeding S$1 billion.

The resilient labour market enabled employment to rebound following job losses in the first half of 2009.

Catering trade meanwhile dropped 5.3% compared to January 2009.

Of the total 1,196 private residential units sold in February, 53.3% exceeded $1,000psf, and the trend is expected to continue over the next few months.

The Census of Population 2010 starts today, the fifth census conducted since Singapore’s independence.