Singapore

Possible investment in a mainland lender is part of DBS' aggressive expansion plan.

After cutting expat salaries and benefits to the bone in 2009, banks have been forced to change tack and pay for expats, survey finds.

APMEA region showed strong 20.3 percent rise in gross dollar volume and 18.6 percent in purchase volume.

Okay, it's only by 0.4 percent, but latest figures show Singapore actually got cheaper in the last six months of 2009 as deflation hit.

The Singapore government has awarded Genting Bhd., Asia's largest publicly traded casino operator, and its Singapore unit a casino license, giving them the go-signal to cash in on the holiday crowd.

Samsung C&T Corp. has sealed its bid to build Singapore's first liquefied natural gas terminal, Singapore's Energy Market Authority revealed.

Construction and property development group KSH Holdings Ltd. revealed a 55 percent growth in net profit to S$15.3 million for the nine months ended 31 December 2009, on revenue of S$207.4 million.

Mainboard-listed and infrastructure-related engineering services and geo-spatial technology group Boustead Singapore Limited announced it gained S$28.9 million in profits for 9M FY2010.

SingTel has registered strong growth in customer acquisitions with a combined regional mobile customer base of 285 million as at 31 December 2009, a 23 percent increase or 52 million from a year ago.

Keppel Singmarine, the specialised shipbuilding arm of Keppel Offshore & Marine Ltd, has secured three newbuilding contracts amounting to about S$140 million.

Singapore Airlines Ltd joined the growing list of carriers reeling from design drawbacks from a Japanese supplier, prompting it to delay the introduction of its 11th Airbus SAS A380.

Dr Francis Goh, who holds a management degree from Preston University, will report to Fujitsu Asia Regional Chief Executive Officer Mr Lawrence Wee.

Singapore Airlines announced Thursday its new set of senior managers, all with years of experience as executives in SIA.

Singapore Technologies Engineering Ltd. announced its land systems arm, ST Kinetics, has won a weapons contract worth US$20.9 million, or about S$29.4 million, from the Brazilian Navy.

Geotechnical engineering specialist CSC Holdings has reported a net profit of $19.8 million on revenue of $224.0 million, for the nine months ending 31 December 2009.

In a bid to reduce reliance on its Singapore home market, DBS Group Holdings Ltd., Southeast Asia's biggest bank, is instead looking at expanding its operations in China and India without pursuing acquisition.