Singapore

DBS eyes 20% staff surge in China

DBS eyes 20% staff surge in China

Majority of hire to be designated at retail banking arm as lender seeks growth.

Amsterdam Court favours Sembcorp and Biwater over Cascal

Sembcorp hailed positive decision following denial of a Cascal motion by the United States District Court.

Total trade dropped by 1.7 percent in May compared to April

On a m-o-m SA basis, Non-oil Domestic Exports decreased marginally by 0.1 percent in May 2010 due to lower sales of non-electronic NODX.

King Wan sells its 30% Cables International stake

Move brought in $9mln on investment made seven years ago from divestment of associate company.

Singapore expands bilateral air services deal with Greece

Deal enables both countries to operate unlimited cargo flights and unlimited hubbing rights between countries.

Parkway Holdings caught in control battle

Malaysia's Khazanah made a $835 million offer to lift its stake amidst plans of India's Fortis Healthcare to build a controlling stake in Singapore-based Parkway.

Singapore to ratify ILO Convention on Tripartite Consultation

Move to institutionalise and strengthen tripartism to undertake effective consultations on ILO activities between the sectors.

IDA awards Rednano call-for-collaboration under Digital Concierge Programme

Company shares its rich directory content with companies offering mobile services for retail and F&B sectors.

Kohler Uninterruptible Power inaugurates SEA headquarters in Singapore

Company established first office outside US and Europe as it capitalises on strong potential in Southeast Asia.

Yongnam seals $35.9mln contract for Marina Coastal Expressway

Total contract value for Yongnam’s all six contracts for MCE is $363mln.

EMA appoints board and officers for Singapore LNG

Move pushes SLNG forward towards a full-fledged liquefied natural gas business enterprise.

Ascendas invests $10 million in energy efficient upgrades

Projects include overhaul of chillers and celebration of Ascendas Green Month showcasing prototype Solar Kiosk.

Tiger Airways to install advanced 3-D weather radar

Honeywell’s IntuVue enhances safety and comfort for passengers while providing efficiency and reduced costs for airline.

Launching: The Concorde

The Concorde forms the cluster of condominiums acquired by CDL within the vicinity of The Albany, Thomson Mansions, Bright Building and Balestier Court.

Construction bust looms as firms begin first layoffs in almost two years

Overall unemployment fell down to 2.2% while redundancies remained at around pre-recession quarterly levels.

Developers put the brakes on new launches as buyers hold

Sales volume seen to moderate further by 15% to 35% in June.

Singapore and Malaysia mulling on slashing roaming rates

Regulators discuss with operators to lower rates by 30% for voice calls and 50% for SMSes.