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ComfortDelGro bucks broader SGX trend, slumps 5% on tender loss

Shares in taxi operator ComfortDelGro fell as much as 5 percent in a firm broader market after its unit SBS Transit lost the tender to operate the Thomson-East Coast line to competitor SMRT.

Sep 18, 2017

By Aastha Agnihotri

BlackGold joins consortium for development of Riau-1 project in Indonesia

BlackGold Natural Resources on Monday said it entered into a agreement with various parties to form a consortium for the development of a coal-fired power plant in Indonesia.

Sep 18, 2017

By Aastha Agnihotri

DBS ropes in HSBC's Troutman for global transaction services unit

Singapore's largest lender DBS Bank on Monday said it appointed Mark Troutman as group head of sales for the bank's global transaction services (GTS) unit.

Sep 18, 2017

By Aastha Agnihotri

Seafood chain operator Pavillon buys properties in Malaysia for S$16.7 mln

Pavillon Holdings, an operator of seafood restaurants chain, said its unit acquired commercial properties in Malaysia for 52 million Malaysian ringgit (S$16.7 million).

Sep 18, 2017

By Aastha Agnihotri

Singapore's Heatec Jietong wins contracts worth S$4 mln

Heat exchanger and piping specialist Heatec Jietong Holdings on Friday said it secured three new contracts worth S$4 million.

Sep 15, 2017

By Aastha Agnihotri

Oxley Holdings' JV raises issued and paid-up capital to S$4 mln

Property developer Oxley Holdings said the issued and paid-up capital of its joint venture company Oxley Serangoon Pte has been increased from S$100 to S$4 million.

Sep 15, 2017

By Aastha Agnihotri

Keppel T&T invests US$10 mln in data centre startup Nautilus

Keppel Telecommunications & Transportation on Friday said it invested US$10 million in data centre startup Nautilus Data Technologies Inc.

Sep 15, 2017

By Aastha Agnihotri

Singtel offers unlimited talktime, data, SMS

Singtel on Friday said it launched Singapore's first mobile plans with unlimited local data, talktime and messaging services.

Sep 15, 2017

By Aastha Agnihotri

Global Yellow Pages says unit buys S$37.3 mln property in New Zealand

Telephone directories publisher Global Yellow Pages on Thursday said its unit entered into an agreement for purchase of a plot of land in Papakura, New Zealand for S$37.3 million.

Sep 14, 2017

By Aastha Agnihotri

Singapore lenders amongst the most secure banks in the world

Singapore's biggest lenders - DBS Bank, OCBC Bank, and United Overseas Bank - have risen to the top of the safest banks in Asia list by the Global Finance.

Sep 14, 2017

By Peter Del Rosario

Golden Agri-Resources opens oleochemicals plant in Indonesia

Golden Agri-Resources, a producer of crude palm oil and palm kernel, on Thursday said it launched a major downstream fatty alcohol facility in Indonesia.

Sep 14, 2017

By Aastha Agnihotri

Singapore's Temasek plans investing in Florida-based startup

Temasek Holdings Pte., an investment company owned by Singapore, is planning to invest more than $500 million in a Florida-based startup, Bloomberg reported on Thursday.

Sep 14, 2017

By Aastha Agnihotri

Croesus Retail Trust gets unitholders nod for Blackstone's S$901 mln offer

Singapore-listed Croesus Retail Trust said on Wednesday majority of its unitholders voted in favour of Blackstone's proposed acquisition of Japanese retail mall owner.

Sep 13, 2017

By Aastha Agnihotri

DBS commits to power all its Singapore operations using renewable energy by 2030

Singapore's largest lender DBS on Wednesday pledged to power all its operations in the city-state using renewable energy by 2030.

Sep 13, 2017

By Aastha Agnihotri

Gardenia bread owner QAF to retain 51% stake in Aussie business IPO

QAF, a maker of bread, bakery and confectionery products, on Wednesday said it plans to list its pork production and feedmilling business on the Australian Securities Exchange.

Sep 13, 2017

By Aastha Agnihotri