News

Keppel opens Waste-to-Energy plant for Singaporeans

The new Keppel Seghers WTE Plant has the capacity to treat 800 tonnes of solid waste a day to generate more than 20MW of green energy for Singapore’s energy supply.

Keppel opens Waste-to-Energy plant for Singaporeans

The new Keppel Seghers WTE Plant has the capacity to treat 800 tonnes of solid waste a day to generate more than 20MW of green energy for Singapore’s energy supply.

Prime office rents stabilise after falling 60% from peak

Office occupancy in Singapore rose by 0.8 percentage point quarter-on-quarter to 93.2% as a result of growth in demand.

K-Green named 762nd member of SGX

A business trust company established and sponsored by Keppel Integrated Engineering becomes the first Green Infrastructure Trust to be listed on the SGX.

Up-market home sales dropped in Q2

Sales of high end homes moved slowly in Q2 as foreign investors held back their purchases on fear of weakened foreign currencies against Singdollar.

Singapore gets top country risk rating

Coface upgrades Singapore’s country rating from A2 to A1 making it the safest place to do business.

DBS introduces new card design

The bank releases a new card design featuring Singapore’s skyline.

Pirates hijack M.T. Golden Blessing

The Singapore-registered vessel was attacked by pirates on its way to India from Saudi Arabia while passing the Gulf of Aden on Monday.

Sembcorp signs MOU with UAE on water desalination project

The new seawater reverse osmosis facility is expected to cost approximately US$200 million and to be operational before the end of 2013.

NOL borrows US$1.5 bln for corporate purposes

The shipping company aims to raise funds after posting a net loss of US$741 million in 2009.

PST buys 2 ships for US$123.2mln

The shipping company acquires two new DWT Capesize Bulk Carriers saying it is now shifting to the non-container sector.

77% of businesses relate competitiveness to broadband network

Study showed that a strong Internet network and an ICT savvy workforce are crucial for a city’s competitiveness.

Angels to bless start-up entrepreneurs

SPRING Singapore will administer the Angel Investors Deduction Scheme to help seed and nurture innovative start-ups.

Visitor arrivals to Singapore up 30.3% in May

With 14 out of 15 markets registering growth, visitor arrivals reached 946,000 in May 2010.

Fortis clarifies Singh's statement

The company said Mr. Singh’s remarks has meant to state that the SIC has given Fortis until 30 July 2010 to announce whether or not the Company intends to make an offer for Parkway.

Employers to receive final payment from Jobs Credit

IRAS will give a total of $230mln to more than 100,000 employers on 30 June.

Singaporeans splurging again as spending capability rises 9.4 %

Markets saw an accrual in consumer spending as 65% of customers plan spending on dining and entertainment.

DBS authorises US$10 billion debt issuance programme

One of Asia's biggest financial institutions has established a Debt Issuance Programme to issue senior debt securities (the “Notes”).