News

The consumer price index moved up by 2.7 percent in June 2010, with higher prices of cars and petrol contributing to the 10.3 percent increase in the cost of transport.

Partnership has yielded a fleet of 14 rigs worth US$1.5bln.

Arrangement will provide worth S$30bln liquidity in both Chinese Yuan and Singapore dollar.

Eyes further growth as $72mln rejuvenation and enhancement of Causeway Point has started.

The vessel is designed to drill wells in international oilfields with high efficiency and safety in harsh environments.

A bigger demand for travel will increase frequency in flights starting 31 October 2010.

However, in RMB terms, CRCT’s gross revenue achieved a net income of RMB97.2 mln in the second quarter, which is up 8.8% from the same period in 2009.

Keppel Corp improved its net profit by 11%, but review of Group performance revealed pre-tax profit from Infrastructure Division fell to $51 million due to lower contribution from EPC contracts.

But only among global financial hubs, with Singapore’s monthly parking rates at US$192.89.

Singapore’s low-cost airlines continue to expand in Greater China with the addition of Taipei, when flights commence on 11/1/11.

OCBC becoming the first financial institution to launch applications for one of Apple’s latest gadget, continues to pull on technological innovation for its clients and investors.

FSL wants remedy for all the damages caused by the arrest of Nika I and FSL Singapore.

Clearing services will cover routes from Shanghai to Europe, Mediterranean, US West Coast and US East Coast.

The Singapore state investor expressed intentions to launch a S$1 billion 40-year benchmark Temasek bond set to mature in August 2050.

The agribusiness company said the steady growth of the oleochemical industry is due to sustained economic development and increased global demand for an eco-friendly functional product.

The shipping and logistics company is investing in 12 new vessels to meet future growth needs and to replace those with soon-to-expire charter agreements.