News
GIC buys Shanda Games stake; Shanda acquires US firm
GIC buys Shanda Games stake; Shanda acquires US firm
The Government of Singapore Investment Corp purchased 5.4 percent stake in Shanda Games, China's second-largest online game company.
Tiger Airways speeds up delivery of new planes
Tiger Airways has announced that the delivery of its five new planes will be accelerated to early 2011 instead of 2016 as before.
Olam acquires Nigerian flour mill for US$107.6 million
Supply chain manager Olam International announced its acquisition of Crown Flour Mills Limited for a consideration of US$107.6 million.
Boustead launches war on Gothere.sg with new site
Popular street directory site Gothere.sg may soon face tough competition.
GIC books losses on Manhattan investment
Citing the property's debt problems, the Government of Singapore Investment Corp said losses have been booked for its Stuyvesant Town investment.
Burger King swallows 35 outlets from Bon-Food
Burger King Singapore has announced an agreement for the acquisition of 35 new Burger King outlets from Bon-Food Pte. Ltd.
Keppel's S$74.2 million solution goes to waste
One man’s waste is another man’s wages, as the people at Keppel Seghers are finding out.
Exchange traded funds hit record of S$4.6 billion
Turnover of exchange-traded funds listed on the Singapore Exchange hit a record high of S$4.6 billion for 2009.
Vessels arrive empty at Singapore port
Vessel arrivals in 2009 may have risen by 10.1 per cent increase from 2008, but these vessels are coming in increasingly emptier.
Ezra's US$17.1 million expansion
The acquisition of distressed energy equipment for US$17.1million is expected to extend the SGX-listed firm’s scope of services greatly.
Singapore-Israel foundation dishes out S$10.6 million R&D funding
The Singapore-Israel Industrial R&D Foundation invested S10.6 million four 4 new research projects by Singaporean companies.
APB issues S$40 million fixed rate notes
Asia Pacific Breweries Limited today announced that it has issued a second series of Notes of S$40 million.
KepLand tunnels deeper into Vietnam with third township
Keppel Land’s latest residential township project is located in Ho Chi Minh City’s prime District 2 site.
Singaporeans: We're still not spending
Despite a more optimistic economic outlook, Singaporeans are choosing to focus on increasing their savings.
Unifiber wins construction contract worth $137 mln
The construction unit of United Fiber System (Unifiber) won the contract from Guocoland Group for a 12-storey condominium development project.
UOB's life insurance unit to be purchased by Prudential
The life insurance unit of Singapore’s second-largest lender by market value will be purchased by Prudential Plc for S$428 million ($306 million).
Hotel room rates to keep falling in 2010
Visitor arrivals to Singapore are set to increase in 2010, but the hotel operating environment will remain challenging.
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