Singapore
Metro Holdings losses S$7.2 mln in net profit
Metro Holdings losses S$7.2 mln in net profit
The property development and investment group makes a plunge in pre-tax profit but still enjoys a 17.2% increase in revenue for the first quarter.
CapitaLand toughens holding units in Ascott Reit
In an effort to organize asset ownership, the property giant transfers its entire interest in Somerset Capital to The Ascott Limited.
Otto Marine nips charter contract for USD21.5mln
The offshore marine group also inks an MOA to sell the vessel in 31 January 2011.
Wilmar to buy 20% of shares in Kencana Holdings
Agribusiness group to invest in additional plantation assets with the proposed purchase worth SGD80,363,130.40.
Car sales hit the brakes
Retail sales are being dragged with motor vehicle sales falling by an average of 30% in recent months.
Now what Singapore?
Predicting the future can be a notoriously tricky business. Things that people declare with certainty will happen often don’t, while things that no one saw coming have a horrible habit of actually happening.
SingTel profit stable at S$943mln
Lower contributions from associates were offset by strong first-quarter performance in Singapore and Australia.
Executive Condominium market makes comeback after 5-year hiatus
Yet HDB upgraders looking for new projects below $900 psf had fewer choices in the first half of 2010.
Singapore Gifts & Stationery Show draws international visitors
Event showcasing latest gift trends and corporate gift ideas has attracted visitors from 15 countries.
StarHub and The Fullerton Bay Hotel Singapore to offer IPTV Experience
StarHub also to provide full Internet, mobile and IDD services to luxury hotel.
MAS grants final approval to Singapore Mercantile Exchange
Approval seen as milestone towards creation of a pan-Asian exchange from Singapore.
Tiger Airways increases Malaysia distribution network with e-pay
Customers in Malaysia can pay cash at over 14,000 e-pay outlets, beginning with 4,000 Petronas kiosks.
Hainan Airlines set to land on Changi
Sixth Chinese carrier at Changi taps 20% passenger traffic growth between Singapore and China to 1.7mln.
SGX consults public on SGX EURO STOXX 50 Index Futures and Options
Consultation papers are made available on the SGX website starting 12 August 2010.
CapitaMalls Asia issues S$350 million worth of notes
Net proceeds of the notes will be used to finance investments of CapitaMalls Asia and CapitaMalls Asia Treasury.
Noble Group retains top position in agriculture and energy supply
The global supplier reported a revenue of US$24.3 million and ups gross profit by 32% in the first half of 2010.
STX Pan Ocean inks USD60 mln shipbuilding contract
Three platform supply vessels are expected to be delivered by 2012 and 2013.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape