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The M Hotel in Singapore’s business district once struggled to fill its rooms on weekends as visiting executives tended to leave by Friday. Now it enjoys 90 percent-plus occupancy even on Saturdays and Sundays.
A prime destination mainly for bankers and businessmen, Singapore also has started drawing tourists with a slew of new attractions, the most [...]

singapore stock market,singapore stock market news
Stock futures surged Wednesday after upbeat signs of growth in China and Australia lessened worries about a global economic slowdown.
Overseas markets rose sharply after reports showed the pace of growth in China’s manufacturing sector rose in August for the first time in four months and Australia economy grew by the [...]

Singapore 25th most expensive city for travellers
Singapore has been ranked as the world’s 25th most expensive city for business travellers from the United Kingdom, up from 44th spot last year, according to the Global Hotel Market Survey.
The leap in Singapore’s ranking is in line with reports from the Ministry of Trade and Industry saying that [...]

S’pore’s richest keep getting richer
 
The latest list of Forbes wealthiest individuals and families in Singapore indicated that the top 40 richest Singaporeans are now worth US$45.7 billion (S$62 billion), up 17 percent from US$39 billion in 2009. The list is made up of popular entrepreneurs, business leaders and philanthropists.
 
In the number one spot again this [...]

Las Vegas Sands tops estimates as Asia outperforms
Adjusted EPS 17 cents vs estimate 9 cents
* Revenue up nearly 51 pct
* To amend $5 billion US credit facility
* Shares up 2.3 percent
By Deena Beasley
LOS ANGELES, July 28 – Las Vegas Sands Corp <LVS.N>, the casino operator run by billionaire Sheldon Adelson, posted a better-than-expected quarterly profit [...]

In the collection, a half-bottle of the 2001 Chateau d’Yquem – one of the exceedingly few wines that wine critics Robert Parker and the Wine Spectator both rated 100 points. Yquem is a Sauterne, what some people call a dessert wine, though pigeonholing it as such is no more accurate that pigeonholing Wayne Gretzky as [...]

singapore stock market news,singapore stock market ‘
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 [...]

Holland Tower, a freehold residential redevelopment site  located in District 10 has been put up for sale through a public tender by Jones Lang LaSalle (JLL).
The URA said the redevelopment of the 21,879-sq-ft site, which is zoned for residential use, can maintain its current height and can be redeveloped into a boutique residential development with [...]

Buying a magic box
Let’s say for the sake of example that you do acquire this mystical item for a tidy $1500, and duly receive a crisp $100 note after 12 months (an initial yield of 6.67% as expected). The second year brings even greater rewards:

Year
Cash Produced

1
$100

2
$112

3
$105

4
$120

5
$135

TOTAL
$579
 

 
Over five years the box has increased its output by [...]

Parkway Life REIT
Company update – Optimising Japanese exposure – by Janice Ding
(PREIT SP / PWLR.SI, OUTPERFORM – Maintained, S$1.39 – Tgt. S$1.57,
Property)
Maintain Outperform and target price of S$1.57 for PLife REIT. PLife REIT
has acquired 11 nursing homes in Japan for S$107.3m at an average net
property yield of 6.6% after withholding tax. With this acquisition,
income contributions [...]