2015年6月1日 星期一

2015-06-02 Singapore Business


THE BUSINESS TIMES
   
GSS to trade in oil products in Indonesia after tie-up with AFCO   
The Straits Times
SINGAPORE - GSS Energy Limited will trade oil products in Indonesia along with AFCO Energy Pte Ltd with which it has a tie-up. GSS and AFCO had entered into a shareholders agreement on June 1, 2015, a company release stated on Tuesday.
GSS Energy expands into energy trading with AFCO tie-up   THE BUSINESS TIMES

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THE BUSINESS TIMES
   
Residential property Fairhaven launched for sale; tender closes July 1   
The Straits Times
SINGAPORE - Fairhaven, a 15-unit freehold residential development along Sophia Road, has been launched for sale, a first such attempt by the owners after more than 80 per cent consented for the collective sale. Owners are seeking offers in excess of $45 ...

Sophia Road residential property up for sale   THE BUSINESS TIMES

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THE BUSINESS TIMES
   
Stocks to watch: Ezra, Hyflux, Spackman, Cache Logistics Trust   
THE BUSINESS TIMES
Ezra Holdings is planning to raise up to US$300 million through a rights issue and the issue of convertible bonds to repay existing debt. This is part of a broader strategy to expand its capital and investor base, deleverage and secure the group's long-term ...

Spackman subsidiary raises US$7m for expansion, turns associate   The Straits Times

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THE BUSINESS TIMES
   
Cache Logistics Trust sells warehouse to JTC for S$9.7m   
THE BUSINESS TIMES
The single-storey warehouse at 4 Penjuru Lane in the Jurong industrial estate has a land area of 87,000 sq ft, and a gross floor area of 54,000 sq ft. The property, acquired in 2011 for S$8.9 million, was valued at about S$9 million as at Dec 31, 2014.
Cache Logistics Trust sells Kim Seng Warehouse to JTC for $9.7m   The Straits Times

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The Straits Times
   
Hyflux wins US$48m contract to build desalination system for Saudi Arabia   
The Straits Times
Hyflux announced on Tuesday that it has won a US$48 million (S$65.04 million) contract to build a desalination system for Saudi Arabia, through its wholly-owned subsidiary Hydrochem Saudi Limited. -- PHOTO: ST FILE ...

Hyflux clinches US$48m contract from Saudi Arabia   THE BUSINESS TIMES

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THE BUSINESS TIMES
   
OCBC takes big stake in micro-loan market   
THE BUSINESS TIMES
Companies as young as six months, and which meet the bank's criteria, can get up to S$100,000 in loans. By. Jamie Lee leejamie@sph.com.sg@JamieLeeBT. More. OCBC makes leap, by coaxing baby steps · Singapore banks pivot towards wealth ...

Start-ups get a leg-up with small-loan plan   AsiaOne

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Channel News Asia
   
Singapore's Smart Nation vision enters 'build' phase, focus on infrastructure ...   
Channel News Asia
"Building the world's first Smart Nation is only the beginning of the next phase of Singapore's development in information and communications technology," says Minister for Communications and Information Yaacob Ibrahim. By Loke Kok Fai; POSTED: 02 Jun ...


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The Straits Times
   
SingaPerth's pull: More vibrant, still charming   
The Straits Times
Singapore Community Day in Perth. The Singapore Western Australia Network, formed in 2004, has 1,200 members - up from 600 last year, due partly to a memorial for the late Mr Lee Kuan Yew this year which drew 850 people. It holds three main annual ...

EDITORIAL Singapore at 50 offers lessons for Australia   News Weekly

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TODAYonline
   
REFILE-Iranian planes that drew US sanctions to fly outside country -Fars   
Reuters
(Repeats to delete erroneous word at start of text). * Iran's Mahan Air bought 9 used Airbus planes. * US said sanctions breached, blacklists companies involved. * Washington hinted planes could be seized outside Iran. DUBAI, June 1 (Reuters) - An Iranian ...

Iranian planes that drew U.S. sanctions to fly outside country: Fars   TODAYonline

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THE BUSINESS TIMES
   
Singapore' STI down 0.83% on Tuesday morning   
THE BUSINESS TIMES
Singapore share prices opened lower on Tuesday with the Straits Times Index (STI) down 28.15 points, or 0.83 per cent, to 3,363.96 as at 9.06 am, following mixed sentiment in US and European trading on Monday. ST PHOTO: WANG HUI FEN. Comments.
The Secret to An Early Retirement   The Motley Fool Singapore
New liquidity requirements for Straits Times Index (sti) stocks   FTSE Global Markets

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