2014年12月28日 星期日

2014-12-29 Singapore Business


Ascendas India Trust to acquire IT property in Pune, India   
The Straits Times
SINGAPORE - Ascendas India Trust (a-iTrust) has agreed to buy BlueRidge Phase II, a special economic zone in Pune focused on information technology (IT). The price is not expected to exceed 6,405 million rupees ($133 million), its trustee manager, ...

a-iTrust to buy BlueRidge Phase II in Pune, India   THE BUSINESS TIMES

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The Straits Times
   
Bus-lane violations down; priority measures up   
The Straits Times
Additional road markings showing the operational hours of full-day bus lanes have been put up at seven locations, including Eu Tong Sen Street (above) and New Bridge Road. LTA said it will progressively extend the markings to all full-day bus lanes from ...


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Seatrade Global
   
Shares of Otto Marine gain on vessel sale   
THE BUSINESS TIMES
SHARES of offshore chartering group Otto Marine on Monday rose 4.4 per cent after it said its shipyard division had sold an Anchor Handling Tug Supply Vessel (AHTS) to a unrelated third party for US$100 million. The stock gained 0.2 Singapore cents at ...

Otto Marine strengthens balance sheet with sale and leaseback of vessel at US ...   The Straits Times
Otto Marine inks $100m sale and leaseback of AHTS vessel   Seatrade Global

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Keppel bags US rig gig   
Upstream Online
The US subsidiary of Singapore's Keppel Offshore & Marine has landed a contract to build, what it claims to be, one of the world's largest land rigs. Keppel AmFels was awarded the contract which is valued at more than US$100 million and will see it carry out ...

Keppel AmFELS Clinches $100M Contract to Build Onshore Drilling Rig   Rigzone (registration)
Keppel's US unit wins rig contract worth more than US$100m   THE BUSINESS TIMES

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Slow wage growth likely to continue: Economists   
TODAYonline
SINGAPORE — For those who have placed the blame for slow wage growth squarely on cheap imported labour, this year's headline figures in manpower would have been sobering. Despite sharp pullbacks in manpower inflows in the past few years — to the ...


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Here's Why Business at Challenger Technologies Limited May Improve   
The Motley Fool Singapore
Challenger Technologies Limited (SGX: 573) is a well-known technology retailer which has more than 40 stores located all over Singapore. It used to operate in Malaysia, but has since shuttered all its stores there. The company has many different store ...

Less paper = more work done at Challenger   AsiaOne

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Sheng Siong signs joint-venture deal to run supermarkets in China   
THE BUSINESS TIMES
SINGAPORE-LISTED Sheng Siong Group has signed a conditional joint-venture (JV) agreement with Kunming LuChen Group Co Ltd to operate supermarkets in China. In an announcement posted on the Singapore Exchange (SGX) website on Saturday, ...

Sheng Siong inks deal to operate supermarkets in China   The Straits Times

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ecns
   
Tills ringing in toytown where traders see huge opportunities   
ecns
The Cho Dong Xuan wholesale market for made-in-China toys in Hanoi, Vietnam. WANG JIAN/CHINA DAILY. Jingle bells rang in the air and the sparkling decorations in many shop fronts clearly indicated Christmas was truly a joyous occasion in downtown ...


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Tuoitrenews
   
Indonesia, Singapore activate search-rescue operations for AirAsia aircraft   
Tuoitrenews
Accordingly, Indonesian authorities from the Pangkal Pinang Search and Rescue office have activated search and rescue operations. Meanwhile, the Singapore Rescue Coordination Center (RCC), managed by the CAAS and supported by various agencies, ...


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Singapore Exchange to upgrade derivatives trading, clearing platforms   
Reuters
SINGAPORE Dec 29 (Reuters) - Singapore Exchange Ltd (SGX) said on Monday it would upgrade its derivatives trading and clearing platforms to improve risk controls and lower costs for market participants. The upgraded system, based on technology from ...

Singapore Exchange to upgrade derivatives trading and clearing platforms   THE BUSINESS TIMES

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