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RPT-Singapore’s NOL places $1.2 bln ship orders from Daewoo

SINGAPORE, July 21 – Neptune Orient Lines <NEPS.SI>, the world’s fourth-largest container shipping firm, has placed an order with Daewoo Shipbuilding & Marine Engineering <042660.KS> for new container ships worth $1.2 billion.
It ordered 10 vessels of 8,400 twenty-foot equivalent unit capacity [...]

Wilmar International Limited (Wilmar) has make an offer to Benso Oil Palm
Plantation Ltd (BOPP) (listed in Ghana Stock Exchange) acquire at least
58.45% of the entire issued ordinary share capital. Unilever Ghana
Limited, which holds in aggregate 58.45% of the issued share capital of
BOPP, has provided the Company with a written irrevocable undertaking to
accept the Proposed Offer [...]

Genting S’pore Q1 loss widens; Sentosa EBITDA S$109 mln
Genting Singapore <GENS.SI>, which operates one of the city-state’s two mega casinos, reported its losses rose 12-fold in the three months to March, hurt by impairment losses on its UK casino operations.
Genting Singapore, a unit of Malaysia’s Genting Bhd <GENT.KL>, reported late on Thursday a net loss [...]

Singapore’s SingTel 1Q profit rises 12 percent,singapore stock market, singapore stock market news
Singapore Telecommunications Ltd. said its profit rose 12 percent last quarter, boosted by higher income from its local and Indonesian businesses.
The company, also known as SingTel, said in a statement Thursday that net profit for the January-March period rose to 1.02 billion Singapore [...]

singapore stock news, singapore stock
Asian stock markets advanced Thursday after Spain’s deficit reduction plan eased worries about Europe’s debt mountain and good economic news sent U.S. stocks sharply higher.
Japan’s benchmark Nikkei 225 stock average rose 1.6 percent to 10,556.78. Solid corporate earnings results also boosted sentiment in Tokyo.
South Korea’s Kospi gained 1.4 percent to 1,686.28 [...]

Singapore casts wider net for investors looking to tap into Asian growth story
Investment interest in Singapore from non-traditional locations including Russia and the Middle East is escalating, as firms look for a base from which to tap the growth of Asia.
Currently, around 310 Middle East companies are registered in the country, higher than the 260 [...]

singapore property market,singapore property market news,singapore market ,singapore property
Real estate developers to bring forward property launches
Singaporeans can look forward to more property launches. The Real Estate Developers’ Association of Singapore (REDAS) on Thursday announced that its members will be bringing forward property launches.
REDAS added that its efforts are only limited by the land available and [...]

PM Lee cautions S’poreans against getting carried away with economic recovery
SINGAPORE : Singapore’s economy may be picking up, but Prime Minister Lee Hsien Loong has said Singapore is not expecting the recovery to be very vibrant and strong.
And he cautioned Singaporeans against getting too carried away with the recent economic recovery.
Mr Lee said: “There is [...]

Singapore’s economy shrank 6.8 percent in the fourth quarter to December from the previous three months, but the slowdown was less than expected for the whole year, the trade ministry said Monday. The decline in gross domestic product (GDP) was attributed to weakness in the key manufacturing sector, which shrank 38.4 percent on a seasonally [...]

singapore stock market news,singapore stock market ,RPT-GLOBAL MARKETS-Asian shares edge up, dollar off highs,singapore stock market news,singapore stock market .sgx news,
Asian shares edge up in slow trade, Tokyo closed
* Dollar comes off highs as traders digest recent gains
* Oil slightly up, awaiting weekly inventory data
By Yoo Choonsik
SEOUL, Dec 23 – Asian shares edged higher on [...]