News

With 65 % of sales managers surveyed by consulting firm Huthwaite saying sales would pick up this quarter and 75 % saying they will hit quotas, its time to clear out the dead wood.

Sembcorp Marine’s subsidiary is looking forward to supplying four more jackup rigs for the offshore drilling contractor in addition to the two it has agreed to build for US$400mln.

SE Asia ECM volume increased 60% to US$35.2bln via 246 deals in 2010.

Global ECM fell  to US$873.4bln this year compared with US$907.5bln ni 2009.

Global merger-and-acquisition deal volume up 3% in 2010, hitting US$1.9 trillion in value, up 26% on 2009.

Landed freehold unts in the prime districts rose to $1,693psf on average.

The subgroup of ST Engineering will supply Bangkok’s Sukhumvit Train Line with an Automatic Fare Collection System (AFCS) and will be used in five key stations of the line extension.

On a y-o-y basis, oil domestic exports expanded by 10% in November 2010, after the preceding month's 14% increase.

The company and its subgroups will supply an Automatic Fare Collection System (AFCS) for the Bangkok Mass Transit System and provide the UK Ministry of Defense (UK MoD) with 40mm ammunition.

The local cargo carrier's acquisition of a 16% stake in China Cargo Airlines is projected to increase the latter's registered capital to RMB3bln.

In contrast to a 3.3% increase in the previous month, total exports declined by 4.7% in November 2010.

Even after acquiring c$6bn of assets YTD, S-REIT sector gearing remains low.

Yet it is a slow growth compared to October's 20% y-o-y growth.

The S-REIT sector now trades at a normalized FY11F distribution yield of c6.1%, slightly below its historical mean of c6.5%.

Residential properties sale value topped auction sale, garnering $114.82 million or 51.3% of the total sale value.

Yet it is still a substantial 45% below the decade's high of $407.43 million recorded in 2007.