News

SMX to be launched in mid 2010

SMX to be launched in mid 2010

The Singapore Mercantile Exchange, the first Pan-Asian multi-product commodity derivatives exchange, will be launched in Singapore middle of this year.

Jobs Credit payment extension worth $460mln

Another $460 million will be received by more than 100,000 employers on 31 March 2010 as the first extended payment of the Jobs Credit.

Singapore plans to keep coastal engineers busy for the next 20 years

A waterfront city, a consolidated port and more land reclamation could keep Singapore's coastal engineers busy for the next twenty years.

BCA sets up $15 million sustainable construction fund

The Building and Construction Authority will set up a $15 million fund to build capabilities, enhance processes and test-bed new sustainable construction technologies.

Home Improvement Programme benefits HDB residents

Yishun Street 21 is the first Home Improvement Programme precinct in Singapore as part of the Remaking Our Heartland plan for Yishun town.

ST Engineering completes ST Electronics-PCI divestment

ST Electronics-PCI Co Ltd is no longer a subsidiary of ST Electronics (Shanghai) Co Ltd, a subsidiary of Singapore Technologies Electronics Limited.

Property Week: Buyers find peace at Sanctuary 813

Of recent property launches, Holland Grove and Sanctuary at 813 have received good response from the public since the launch.

Workplace fatalities up 4.5% in 2009

Despite the 2.1 percent drop in overall work injuries last year, the Workplace Safety and Health Council calls on employers to keep workers safe at work and prevent unnecessary loss of life.

Retail rents unchanged in first quarter

Estimates show rental values of retail space both in prime and suburban areas remained at as much as $39.70 per sq ft per month.

Gazprom Marketing and Trading opens Singapore office

GM&T is launching its operations in Singapore to deepen relationships between LNG suppliers and customers in the region.

Singapore's fourth university accepts applications

The Singapore University of Technology and Design (SUTD) has started its undergraduate admissions exercise on 20 March 2010.

Keppel delivers floatel 43 days early

The semisubmersible accommodation rig Floatel Superior will be departing Singapore for Bayu Undan in the Timor Sea as part of Keppel FELS' deal with ConocoPhillips Australia.

Tender closed for Mohamed Sultan Road site

Top tendered sale price was $17,190,000 by Link (Thm) Holdings Pte Ltd for the 6,176.4 sqm office site.

Tiger Airways inks financing deals with StanChart

The two multi-million dollar arrangements are for pre-delivery payments (PDP) of six Airbus 320s and the purchase of additional seven.

SPH Magazines scoops Magazine Publishers Association of Singapore Awards

Publications of SPH Magazines won 5 Gold awards, 8 Silver awards and 2 Bronze awards at the MPAS Magazine Awards 2010.

S-REITs face challenges despite resilience

Modest recovery in the economy and the strong supply of new properties are weighing on Singapore real estate investment trusts, says Moody's.

Study shows emerging pay-for-performance culture

Latest study on remuneration reveals nearly 40% of participating companies intend to increase the target level of their executive short-term incentives in 2010.