Singapore

In a bid to extend its portfolio, Asia Pacific Breweries Limited entered into agreements with Heineken to buy major stakes in beer brands Bintang and Number One.

Telco rivals StarHub and SingTel compete yet again for broadcast rights, this time for the 2010 soccer World Cup.

The Monetary Authority of Singapore today signed a Memorandum of Understanding (MOU) with the Central Bank of Bahrain.

After much deliberation, both StarHub and M1 have finally announced plans to launch the iPhone 3GS in Singapore on 9 December 2009.

The hedge fund firm is concretising its expansion in Asia with a new office in the island country.

2010 is projected to be a great year for job seekers in Singapore as hiring is predicted to reach pre-recession rates, says a survey by Manpower Singapore.

The Urban Redevelopment Authority has revealed the event line up for 2010 to mark the completion of key developments in Marina Bay.

Tiger Airways is set to welcome 2010 with an initial public offering to help finance its Airbus A320s purchase.

The infrastructure and logistics group will be the sole supplier of ready-mixed concrete to Samsung C&T Corporation for its two MCE parcels.

SPH MediaBoxOffice will be launching a large facade LED screen and an in-mall video wall today in Orchard Road's newest shopping mall, 313@Somerset.

The Singapore Mercantile Exchange has received “in-principle” regulatory clearance from the central bank to start commodity derivatives trading in 2010.

UBS, Credit Suisse, and Citigroup forecast further gains for Singapore stocks in 2010 due to earnings estimates. The country's Straits Times Index is expected to rise to approximately 3,180 by the end of next year. Pegged at 14 percent, the foreseen increase is backed by continued upgrades in earnings estimates, according to Credit Suisse Group AG and UBS AG in a report by Bloomberg. As of 3:41 p.m. on 2 December 2009, the index was at 2,786.03.

Work may be a little harder to come by in the global recession, but it seems that older workers are having an easier time than their younger counterparts.

Dr William Fung Kwok Lun will assume the post of independent director with Singapore Airlines’ Board with effect from 1 December this year.

Engineering and steel contractor Yong Nam has been awarded the contract for Marina Coastal Expressway, a deal worth S$21.5 million. The dual five-lane, 5km long expressway will be a strategic underground east-west transport linkbetween three major expressways, catering to the anticipated increase in traffic volume generated by the high-density developments in the Marina Bay area.

MasterCard Worldwide has appointed Kevin Goldmintz as Senior Business Leader, Corporate Payment Solutions, Asia/Pacific, Middle East & Africa.