News

ST Engineering's electronics arm increases stake in Knowledge Alive

ST Engineering's electronics arm increases stake in Knowledge Alive

Acquisition to boost capabilities in the area of eLearning, soft skills training and enabling career transition.

Singapore's 2008 overseas investment down by $18.4bln

Country's direct investment and portfolio investment abroad slid down into negative territory.

Ascott Reit achieves S$10.3 million unitholder's distribution for 1Q 2010

Company earned S$20mln 1Q 2010 gross profit as geographical diversification continues to provide group income stability.

Launching: The Sound, 16 @ Amber and Flamingo Valley

The East is in the spotlight this week as new launches in District 15 target a mix of new home owners, investors and families.

Singapore ranks 42nd in spam relaying

Sophos reported Asia is the leading relaying continent with Singapore spreading .55% of world’s spam.

Tiger Airways named Singapore's biggest low cost carrier

2nd Biggest Airline in Singapore feat achieved with only 10 narrow-bodied aircraft.

Foreign equity investment in Singapore in 2008 up 0.6%

Country’s FDI rose 1% but it saw lower returns of 14.3% in 2008.

Changi passenger movements up 16.5% to 9.94mln

Full service carriers accounted for over 50% of the reported growth for the period of January - March 2010.

CapitaLand beefs up business development with new subsidiary

Ascott Holdings (Europe) Pte Ltd, CapitaLand's latest indirect wholly-owned subsidiary has issued and paid-up share capital of S$1 comprising 1 ordinary share.

URA takes over the secretariat function for the Street and Building Names Board

SBNB role will give URA power to further extend the urban heritage of nation's landmarks.

DBS to invest $150mln in a Myo Capital fund

Lender eyes minority stake on fund to benefit from distressed debt, bonds, leveraged debt in Asia-Pacific.

OpenNet goes into commercial operation

Nation's optical fibre network company set to offer ultra high speed Next Gen NBN.

ST Electronics subscribes to US$700,000 capital call

Singapore Technologies Engineering Ltd's electronics arm subscribed to the capital call in proportion to its 50% shareholding in GFM Electronics.

Tiger Airways adds Trivandrum to its destinations

In addition to recently announced flights to Tiruchirappalli, Tiger Airways will start flying to Trivandrum, India come November this year.

Singapore tourist arrival grew 17.3% to record-high 928,000

Improving economic conditions prompted to improved travel sentiment to the country.

SingTel wins its second Seatrade Asia Innovation Award

Company delighted to receive award to its efforts in rejuvenating the maritime industry through innovation.

Singapore Tourism Board joins Asia Cruise Association

STB committed to work with the ACA to help drive development of Asian cruise industry.