Singapore

Technical consumer goods sale in eight Asian markets up 13%

Technical consumer goods sale in eight Asian markets up 13%

Singapore among countries wherein demand for Small Domestic Appliances grew by as much as 80%.

Changi Airport passengers up 16% in July

Growth led by increases in passenger traffic to 25.1% in Northeast and 21.5% in Southeast Asia.

MaxLee Development borrows S$220 mln from UOB and OCBC

The joint venture company raises funds for the development of the Executive Condo in Sengkang E3 and Sengkang East Avenue.

SMX and TOCOM deploy KVH-SingTel low latency network solutions

KVH and Singtel partnership offer ultra low-latency capability expansion for improving liquidity in and SMX and TOCOM.

Marco Polo Marine snaps US$15.5 mln shipment contract

The integrated marine logistics group will take charge of the shipment of coal from Sumatra, Indonesia to West Malaysia.

CapitaLand subsidiary sells 49% stake in OneSentral Park

Group also dissolves dormant wholly-owned subsidiaries: Telok Ayer Properties and Ventura Development.

Wilmar buys Windsor & Brook Trading

The agribusiness company continues to delve into the sugar business.

Digital Nights Singapore to showcase interactive media artworks

French and European artists to discuss their best works in Singapore Arts Museum and Orchard Road.

Olam subsidiary to build cotton ginning plant in Mozambique

US$6mln factory to increase Olam Mozambique production to 60.000 tonnes and workforce to 75,000.

Temasek appoints Greg Curl President

Former BofA executive has 34 years of banking and international mergers and acquisition experience.

Nubox unveils 2 new Apple Premium Reseller Stores

New stores Nubox@Raffles City and Nubox@Tampines Mall bring Apple products within grasp of more Singaporeans.

Asia Pacific mobile market to face challenging times

Operators need to develop new business models, prudent manage capital investment, and enrich customer experience.

See Hup Seng acquires stakes in TAT Petroleum for S$28.4 mln

The corrosion prevention provider strengthens resources with the acquisition of TAT Petroleum and appointment of new Executive Directors.

Singapore Airlines hands donations to save rainforests

The airline company donates US$ 3 million to Harapan Rainforest Initiative.

Ascott Reit to raise $1.39bln properties in Asia and Europe

The property manager will acquire two Asian and 26 European properties, as well as divest Ascott Beijing for $301.8 million.

Olam International inks joint ecozone project with Gabon

The manager and producer of agri products is investing US$12 million equity in the SEZ development project for a 60% stake.

Five Asian countries used contact lens worth US$296mln

Silicone Hydrogel lenses segment’s sales value grew 28% and 74% in unit value across five countries.