Singapore

Singapore medium-sized firms face talent sourcing problem

Singapore medium-sized firms face talent sourcing problem

55% of businesses earning $1mln to $45mln yearly see finding competitive staff their key problem.

MND eyes forming new board for estate agencies

Ministry will introduce bill to Parliament 2H 2010 to raise professionalism of real estate agency industry.

Sembcorp: We did not breach any law in Cascal bid

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.

URA awards Lakeside Drive tender to Keppel Land

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.

Renewable Energy Asia to develop green energy park

Firm awarded a concession in Inner Mongolia to construct wind farm capable of producing 250MW of electricity.

OCBC Group profit soars to $676 million

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

SGX securities trading up 34% to $35bln

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

Asian real estate investment turnover up 215%

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

StanChart selects Akamai to upgrade its online banking

Akamai to improve speed of Web delivery, security of Internet banking by streamlining lender's IT infrastructure.

Singapore houses Shell's largest petrochemical project

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

MasterCard launches mobile payment solution addressing multiple handsets

Solution enables cardholders to use their existing mobile phones to make everyday payments.

Great Eastern profit up 332% to $179.1 million

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

Jurong Shipyard to send offshore converted Ghana vessel

FPSO Kwame Nkrumah MV21 will leave for the Jubilee Field located offshore Ghana's western coast.

Raffles Education profit down 27% to $31.1mln

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

ST Engineering profit up 9% to $92.8mln

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

Keppel AmFELS delivers first of four Rowan rigs

Rig delivered on time and within budget with zero incidents.

Consumers resume credit bingeing

Singaporean consumers who survived the great recession have resumed binging on credit for that much needed iPhone or holiday overseas, according to latest figures released by the banks which show consumer loans will likely grow 13.3 % over 2010, ushering in a golden time for banks.