News
SREITs to grow at low single digit rate this year: DBS
SREITs to grow at low single digit rate this year: DBS
Rental rates and occupancies for Sreits to continue to show positive reversions for this year.
Keppel Corp splurges USD 115m in an oil company
KrisEnergy operates six out of the 14 licences they hold in Cambodia, Indonesia, Thailand and Vietnam.
ST Eng'g aerospace arm secures $370m contracts 2Q12
ST Aerospace contracts will be carried out at its global maintenance, repair and overhaul network.
Ascendas REIT to focus on consolidation in FY13
Optimising portfolio performance has to follow the S$1bn in investments made in 2012.
Singapore banks brace for heightened competition
CIMB presumes Bank of China will be granted Qualifying Full Bank privileges as a clearing bank for RMB in Singapore.
Cosco cries foul over articles saying the company is in trouble
One story on a news website described Cosco Singapore as the lowest-rated Asia stock on rig push.
Suburban market to boom in retail sector
Rental units will continually rise at a compound annual growth rate of 1.95% in 2011–2015.
Singapore economy likely back into the red in 2Q
Advance GDP estimates for 2Q is due this Fri but DBS worries over sluggish global demand and cyclical drop in pharma output.
Scoot scoots to Taipei ahead of schedule
Introductory one-way Fly airfares between Singapore and Taipei start from just S$88.
Tiger Airways appoints a non-aviation expert as CEO
Will Tiger roar again under the new leadership of Koay Peng Yen?
Keppel's offshore wind farm growth threatened by red tape in China
But find out what makes Keppel well-positioned to tap the sector at the global front.
CapitaLand to buy Somerset Grand Cairnhill Singapore for S$359m
At the same time CapitaLand is selling Ascott Raffles Place Singapore and Ascott Guangzhou in China.
Chart of the Day: Residential supply outstrips demand
The number of launched but unsold units reached 8,245 in May.
30% of products pitched by banks and insurers deemed "unsuitable"
Banks and insurers recommend investment and insurance products that 3 out of 10 times disregard the financial goals of their clients.
ST Electronics fails to acquire NERA Telecom
ST Engineering's electronics arm came short of the majority shareholder vote needed to purchase all NERA shares.
2.5M sqft of suburban retail space to flood market
Maybank Kim Eng projects an "onslaught" of suburban retail supply with 0.5M sqft coming in 2012 and almost 2M sqft in 2013.
Venture Corp hurt by client Hypercom's exit in 2011
Verifone acquired Hypercom, one of its major networking and communications customers in 3Q11.
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