News
ARA launches new real estate management division
ARA launches new real estate management division
ARA Asset Management Limited has launched its real estate management services business division after being appointed property manager of Suntec REIT’s Suntec City Properties.
SGX presses for tighter corporate governance measures
Singapore Exchange Ltd is inviting public feedback on proposed new measures to strengthen the practices of corporate governance as well as rule amendments to foster greater disclosure.
Pioneer Road industrial site closes after $8.2 mln bid
The tender for an industrial site along Pioneer Road North/Soon Lee Drive closed yesterday after an application bid of $8.2 million came in.
Cloud Computing – To go public or keep it private?
In the context of society’s increasingly urgent need for faster, better, more reliable IT needs, Singapore’s leading IT professionals sat down at the China Club to discuss the issues that Cloud Computing has thrown up. The roundtable event by the Singapore Business Review and EMC engaged its participants in an intriguing discussion on the concerns with Cloud Computing today and how companies really view this growing practice. Elizabeth Low brings you the highlights of the discussion.
Straits Asia to borrow $380 million for debt payment
Straits Asia Resources Ltd., is in talks with banks for a potential $380 million worth of five-year loan intended for maturing debt repayment.
SGX launches new derivatives clearing system
Singapore Exchange Limited launched its new clearing system SGXClear on 7 December 2009, which will allow it to clear more complex and diverse products.
Singapore managers bag Asia's third highest disposable income
A new report by management consultancy Hay Group finds Singaporean managers enjoying more disposable income compared to most of their Asian peers.
Govt issues fee protection for private school students
In light of various private school fiascos, the Council for Private Education will make fee protection options available to private education institutions under the new regulatory regime.
SGX calls for transparency with shortselling order specifications
In a bid to increase market transparency, the Singapore Exchange Limited (SGX) yesterday made marking of shortselling orders compulsory.
APB swallows Heineken's Bintang, Number One brands
In a bid to extend its portfolio, Asia Pacific Breweries Limited entered into agreements with Heineken to buy major stakes in beer brands Bintang and Number One.
Tug-of-war ensues for World Cup broadcast rights
Telco rivals StarHub and SingTel compete yet again for broadcast rights, this time for the 2010 soccer World Cup.
MAS signs MOU with Bahrain's Central Bank
The Monetary Authority of Singapore today signed a Memorandum of Understanding (MOU) with the Central Bank of Bahrain.
StarHub, M1 confirm iPhone 3GS launch for 9 December
After much deliberation, both StarHub and M1 have finally announced plans to launch the iPhone 3GS in Singapore on 9 December 2009.
SAC Capital reaches out via Singapore
The hedge fund firm is concretising its expansion in Asia with a new office in the island country.
Employment to reach pre-recession hiring rate in 2010
2010 is projected to be a great year for job seekers in Singapore as hiring is predicted to reach pre-recession rates, says a survey by Manpower Singapore.
URA launches 2010 Marina Bay event line up
The Urban Redevelopment Authority has revealed the event line up for 2010 to mark the completion of key developments in Marina Bay.
Tiger Airways said to pay Airbus order with IPO proceeds
Tiger Airways is set to welcome 2010 with an initial public offering to help finance its Airbus A320s purchase.
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