News
URA awards Lakeside Drive tender to Keppel Land
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.
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.
Singapore houses Shell's largest petrochemical project
Shell Eastern Petrochemicals Complex is part of company’s drive to grow in Asian petrochemicals market.
Great Eastern profit up 332% to $179.1 million
New business embedded value grew by 37% and new sales by 20%.
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.
Sembcorp, PUB open fifth NEWater plant
Latest and biggest NEWater plant will help meet 30% of Singapore's total water demand.
Biomedical companies invested $800mln in Singapore in 2009
Global biotechnology and pharmaceutical companies that seek to capitalise on Asia's growth story are locating first-in-Asia manufacturing facilities and headquarters offices in Singapore.
Employer CPF contribution rate to go up 1%
Increase goes to Medisave and Special Accounts to help workers build up medical and retirement savings.
Singapore maintains third place in Asia-Pacific office occupancy costs
Analysts expect a modest recovery in the local office market over the next three quarters.
Moody's says Asia Pacific credit trend to keep improving
Global economic recovery, China's economic condition, inflation and appreciation of Asian currencies used as key factors.
SMRT FY2010 profit up 0.1% at S$163mln
Yet results disappointed analysts as company's total operating expenses increased 10% during the global recession.
SingTel to provide vital communications lifeline in war zones
IsatPhone Pro enables business without boundaries to harness innovative applications to enhance user experience.
Singapore's employment in 1Q continued to grow strongly
Total employment is estimated to have grown by 34,000 in the first quarter, the third quarterly increase after two quarters of decline in the first half of 2009.