News

Temasek Holdings, the Singapore Government Investment firm, is creating a new spinoff for international investments called Sea Town and has appointed Charles Ong as its CEO.

Local salary levels may have remained static, but Robert Walters lets us in on the figures.

Possible investment in a mainland lender is part of DBS' aggressive expansion plan.

After cutting expat salaries and benefits to the bone in 2009, banks have been forced to change tack and pay for expats, survey finds.

APMEA region showed strong 20.3 percent rise in gross dollar volume and 18.6 percent in purchase volume.

Okay, it's only by 0.4 percent, but latest figures show Singapore actually got cheaper in the last six months of 2009 as deflation hit.

The Singapore government has awarded Genting Bhd., Asia's largest publicly traded casino operator, and its Singapore unit a casino license, giving them the go-signal to cash in on the holiday crowd.

Samsung C&T Corp. has sealed its bid to build Singapore's first liquefied natural gas terminal, Singapore's Energy Market Authority revealed.

SingTel has registered strong growth in customer acquisitions with a combined regional mobile customer base of 285 million as at 31 December 2009, a 23 percent increase or 52 million from a year ago.

Keppel Singmarine, the specialised shipbuilding arm of Keppel Offshore & Marine Ltd, has secured three newbuilding contracts amounting to about S$140 million.

Singapore Airlines Ltd joined the growing list of carriers reeling from design drawbacks from a Japanese supplier, prompting it to delay the introduction of its 11th Airbus SAS A380.

In a bid to reduce reliance on its Singapore home market, DBS Group Holdings Ltd., Southeast Asia's biggest bank, is instead looking at expanding its operations in China and India without pursuing acquisition.

Last weekend saw an uptrend in high end properties with hot interest in Centennia Suites, developed by The Lippo Group, along River Valley Road.

Decrease in taxation and lower interest expenses were cited as other factors contributing to StarHub's 2.7 percent year-on-year growth in net profit.

DBS outdoes itself by breaking records including growth in net interest income to S$4.46 billion and 17 percent rise in profit before allowances.

CB Richard Ellis study showed prime office rents in Singapore fell despite increased activity of tenants.