Singapore

The hotel and resort developer won the luxury magazine’s award for its contribution to protect the environment while conducting its operations around the world.

The offshore construction services provider reported a 27.5% increase in revenue to US$122.4, taking into consideration the contributions arising from the projects awarded to the company since November 2009.

The ratings agency said the telecommunications company’s S$4.44b revenue was in line with its expectations and has no immediate impact on the company's Aa2 rating.

The niche property developer Heeton Holdings has posted a net profit of $16.9 million for the nine months on revenue of $32.7 million, compared with net profit of $10.3 million on revenue of $41.9 million a year ago. This takes into account a $4.7 million profit contribution during the nine months from the divestment of wet markets operations in 1Q10. Excluding this item, the increase innet profit from continuing operations was 25.1%.

The subsea solutions company raked in US$13.6m for the quarter while its gross profit margin doubled to 34.9%.

Flat passenger operating data for the past two months and soaring jet fuel prices are making the carrier’s stocks unattractive despite its 18% revenue increase for 2QFY11 to S$3,631.2m.

Singapore trails behind Hong Kong with 22% share in region’s total direct real estate investment, which rose 53% to US$18bln.

The group still has strong balance sheet with cash and cash equivalents of S$52.9mln despite incurring higher cost in executing projects.

Deals to maintain SAF’s vehicles and equipments are part of the unit’s assurance to keep itself abreast with SAF’s changing needs.

The fact that we have an ageing population is well known. According to the Committee on Ageing Issues Report on the Ageing Population, between now and 2030, Singapore will witness an unprecedented and profound age shift. It is estimated that the number of residents aged 65 years or older will multiply threefold from 300,000 in 2005 to 900,000 in 2030. By then, one in five residents will be a senior, compared with one in 12 residents in 2005.

Yet they still seek more and faster data as survey finds data deluge driving IT investments in customer relationship management software and security systems.

SGX opens door to its 34th maritime & offshore listed company with market capitalisation of S$80mln.

Less than a tenth of employers will be reducing their staff numbers in 4Q10, but the number is still higher than the comparative 4Q figure for China (2%) and Hong Kong (5%).

Singapore recently won the Best Airport In The World honour at the international Skytrax World Airport Awards in the passenger category. If there was an award for worst airport it would have to be New York. What Singapore does understand and New York does not understand is that an airport is like a brand’s packaging and design. The first impression of a country is its airport. It’s the gateway to all the other brand values of that country.

Robust growth in Singapore and Australia helped propel the telecommunications company’s revenue for 2Q by 8% toS$4.44b despite incurring losses earlier this year due to the acquisition of an African mobile services provider.

The luxury real estate developer posted impressive results for the first nine months of 2010, with revenue rising 11% y-y to S$191.6 mil, and PATMI soaring 517% to S$33.4 mil.