Business Share News In Singapore From New Singapore Daily

Seeking 2400 torchbearers - From news.google.com - 3 hrs 15 mts ago border=1

Straits Times Seeking 2400 torchbearersStraits TimesThe YOG, to be held here from Aug 14 to 26, will see a torch relay that will travel through Singapores five community districts. -- PHOTO: BUSINESS TIMES THE search is on for 2400 Singaporeans to be torchbearers for the flame of the ...and more »

Ziwo holdings wins s$137,000 contract for bullet - From www.channelnewsasia.com - 3 hrs 15 mts ago SINGAPORE : Mainboard-listed synthetic rubber manufacturer Ziwo Holdings said on Friday that it has won a new contract worth 670,000 yuan or about S$137,000.

Aggressive crisis bets pay off for slim - From business-times.asiaone.com - 3 hrs 16 mts ago (MEXICO CITY) Mexican tycoon Carlos Slim, who has knocked Americans from the top of the Forbes list of the worlds billionaires, is famed for his lack of ostentation and aggressive investments during crises.

24,000 hsbc clients swiss data stolen - From business-times.asiaone.com - 3 hrs 16 mts ago (GENEVA) Information on 24,000 HSBC customers with Swiss accounts has been stolen, the British bank said yesterday, potentially exposing large numbers of international clients to prosecution by tax authorities in their home countries.

Victory over vicious botnet short - From business-times.asiaone.com - 3 hrs 16 mts ago (SAN JOSE, California) The sudden takedown of an Internet provider thought to be helping spread one of the most promiscuous pieces of malicious software out there appears to have cut off criminals from potentially millions of personal computers under their control.

Fed could get new powers over big players - From business-times.asiaone.com - 3 hrs 16 mts ago (WASHINGTON) The Federal Reserve could emerge from a congressional overhaul of banking rules as the top cop over Americas largest financial institutions.

Shell joins in petrol - From business-times.asiaone.com - 3 hrs 16 mts ago (DUBAI) Oil major Royal Dutch Shell has stopped petrol sales to Iran, oil traders said on Wednesday, the latest addition to a growing list of firms that have halted supplies under threat of future US sanctions.

Senate passes us$149b jobless aid, tax breaks - From business-times.asiaone.com - 3 hrs 16 mts ago (WASHINGTON) The US Senate on Wednesday passed a US$149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 per cent unemployment rate before congressional elections in November.

Inner reflection - From business-times.asiaone.com - 3 hrs 16 mts ago (LYON) Artist Benjamin Vautier posing next to one of his art works at his exhibition Strip-tease integral at the Museum of Modern Art in Lyon.

Bp to pay us$7b for devon energys assets - From business-times.asiaone.com - 3 hrs 16 mts ago (LONDON) Oil major BP has agreed to buy Brazilian, Azeri and Gulf of Mexico assets from Devon Energy for US$7 billion, as the US producer refocuses on onshore US fields.

Fortis to consider continents beyond asia with parkway deal - From news.google.com - 3 hrs 33 mts ago border=1

Rediff Fortis to consider continents beyond Asia with Parkway dealMoneycontrol.comThe market has been abuzz with news of Fortis Healthcare, a fast-growing healthcare company planning to acquire 24% stake in Singapore-based healthcare firm Parkway Holdings for USD 685.3 million. CNBC-TV18 reported on Thursday that the company was ...Long term investors can buy Fortis at current levels: ICICI DirectEconomic TimesIndias Fortis to fund Parkway buy via loan, rightsReutersFortis-Parkway deal positive for long term: AnagramMyiris.comBusinessWeek -Press Trust of India -Business Standardall 92 news articles »

No further expansion plans for budget terminal - From business-times.asiaone.com - 6 hrs 6 mts ago THE Budget Terminal (BT) at Changi Airport has already been expanded to cater to seven million passengers - compared with 2.7 million when it was originally built - and there are no plans for further expansion until capacity at the other three terminals is fully used up.

Govt seeks nod for changes to political system - From business-times.asiaone.com - 6 hrs 6 mts ago THE government yesterday moved to get the greenlight from Parliament to make several changes to the political system before the next General Election, due by February 2012.

Liberalised legal sector outgrows rest of economy - From business-times.asiaone.com - 6 hrs 6 mts ago FREEING up the legal services sector has been good for Singapore and for the profession as a whole, according to Law Minister K Shanmugam.

Before the peach blossoms wilt - From business-times.asiaone.com - 6 hrs 6 mts ago WALKING through Tokyo in early March, you cant help but notice that theres a change in the air - not only has the weather become warmer as winter reluctantly gives way to spring, but the city itself seems to be coming back to life after a long period of hibernation.

Indias fortis scoops up $1b parkway stake - From business-times.asiaone.com - 6 hrs 6 mts ago (SINGAPORE) Five years after a high-profile pursuit by private equity firm TPG Capital, Parkway Holdings is once again at the centre of a successful courtship - this time by Indias Fortis Healthcare, which is paying almost $1 billion for a major stake in the firm.

Industry expects coe premiums to spike as system is changed - From business-times.asiaone.com - 6 hrs 6 mts ago (SINGAPORE) Changes to the vehicle quota system were announced in Parliament yesterday and the motor industry generally felt that the move would erase uncertainty.

Jb bets on rm12b project for its buzz - From business-times.asiaone.com - 6 hrs 6 mts ago A PLANNED jumbo-scale commercial development on the current Majidi army camp site could make shopping in Johor Baru city a vastly different experience when the RM12 billion (S$5 billion) project is completed over the next decade.

Dubai shares at their highest since jan18 - From business-times.asiaone.com - 6 hrs 6 mts ago (DUBAI) Dubai shares rose to the highest in almost two months on speculation Dubai World, the state-owned holding company in talks to renegotiate US$26 billion of debt, may announce better repayment terms than previously expected.

China soe unit mcc land is top bidder for yishun ec site - From business-times.asiaone.com - 6 hrs 6 mts ago (SINGAPORE) MCC Land, part of Chinese state- owned enterprise Metallurgical Corporation of China (MCC Group), has emerged top bidder for an executive condominium site at Yishun Avenue 11.

Heavyweights hike stakes in jurong aromatics - From business-times.asiaone.com - 6 hrs 6 mts ago (SINGAPORE) The big boys - South Koreas SK Group and Chinas largest polyester producer - are stepping up to the plate to get Jurong Aromatics Corporations (JAC) US$2 billion petrochemical project cracking.

Little snack - From business-times.asiaone.com - 6 hrs 6 mts ago (SINGAPORE) As a 10-year-old, he filled his pockets with pesos by selling drinks and snacks to his family. Now, Mexican telecom titan Carlos Slim Helu is the worlds richest man.

Bank stocks shine on wall st again - From business-times.asiaone.com - 6 hrs 6 mts ago US stocks are struggling to maintain their two-week-long rally this week, but one sector, the financials, is continuing to rocket skywards even as the overall market seems to be taking a pause before its next significant move.

Rbs bullish on spore tech, temasek bonds - From business-times.asiaone.com - 6 hrs 6 mts ago (SINGAPORE) Investors should buy Temasek and Singapore Technologies bonds, as attractive values have emerged in the quasi- sovereign space, says the Royal Bank of Scotland (RBS).

Savers have to take on some risk - From business-times.asiaone.com - 6 hrs 6 mts ago INTEREST rates have been trending downwards over the last two to three decades, but todays ultra low rates - a paltry 0.1 per cent for savings accounts - are a particular challenge.

Forgetting the three nevers proved costly for toyota - From business-times.asiaone.com - 6 hrs 6 mts ago FOR at least two decades, Toyota has been the benchmark in manufacturing.

Indias anti - From business-times.asiaone.com - 6 hrs 6 mts ago THERE is a curse on the mineral-rich areas of India. A curse because mineral resources encourage lopsided development that uproots poor tribal people from their land.

Ipo is just the start of the journey - From business-times.asiaone.com - 6 hrs 6 mts ago WHAT a difference a year makes! Seeking an initial public offering (IPO) was hardly a subject of interest since the latter part of 2008 when the world was mired in an unprecedented financial crisis

Tokyo move presents yakuza with new business - From business-times.asiaone.com - 6 hrs 6 mts ago JAPANS gangsters may remember 2010 as a banner year.

Statutory audits are not fraud detection exercises - From business-times.asiaone.com - 6 hrs 6 mts ago WE REFER to the article How solid are audits by reputable firms? by Teh Hooi Ling (BT, March 6) in which the writer suggested that the next accounting irregularity, if ever there is one, will be one of the five firms mentioned which audit the S-chips.

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