Singapore

Cebu Air to buy Tigerair Philippines from Singapore's Tiger Airways

Cebu Air Inc., operating as Cebu Pacific Air, will acquire Tigerair Philippines from Singapore's Tiger Airways Holdings Ltd. for an undisclosed sum. Cebu Air and Tiger Airways also entered into strategic alliance to operate common routes between Singapore and the Philippines.


Temasek mulls over bond sale to individual investors in Singapore

State-owned investment firm Temasek Holdings Pte. Ltd. is considering to offer bonds to individual investors in Singapore. Temasek's current $10 billion medium-term bond program offers securities to institutions.

Singapore's New Asia Investments backs Vietnam water treatment facility

Singapore-based fund New Asia Investments invested an undisclosed amount to complete a new waste water treatment facility in Vietnam through its portfolio holding, GD Wasser.

Pharma major GSK seeks FIPB nod to hike stake in Indian subsidiary

GlaxoSmithKline has asked for the approval of India's Foreign Investment Promotion Board for its planned acquisition of a 24.33% stake in its Indian arm GlaxoSmithKline Pharmaceuticals Ltd. GSK will fund the stake hike by investing INR6,400 crore.


Latest News

Keppel Telecommunications & Transportation Ltd is planning to list its real estate investment trust or REIT, Bloomberg reported. Meanwhile, The Wall Street Journal reported that the Singapore-listed company intends to raise more than $400 million for its data center businesses.
Singapore sovereign wealth fund GIC has signed a deal to invest in London’s Broadgate development through a joint venture partnership with UK-based real estate developer British Land.
Despite recording huge losses in 2013, gold and silver investments are seen increasing, and analysts attributed these to the improving major economies, including the US.
BlackRock Inc's Asia Property Fund III is exiting its Westin hotel in Singapore to Tokyo-based property developer Daisho Group in a deal valued at S$468 million ($369 million).
Singapore-based startup Elephanti has closed $4.5 million in a seed funding round led by LMJ Holdings to develop its app that helps brick and mortar stores connect with shoppers online.
Singapore's sovereign wealth fund GIC was named as British Land's new partner in London's Broadgate office and retail complex on Tuesday, buying out U.S. private equity group Blackstone for around 1.7 billion pounds.
A group led by Singapore-based Perennial Real Estate Holdings will buy the TripleOne Somerset office and retail building for $766 million. Perennial will acquire the Singapore tower from Asia Real Estate Income Fund.
ARA Asset Management Ltd, an Asian real estate fund management firm, said it had agreed to buy Macquarie Real Estate Korea Ltd, the Korean unit of Macquarie Group Ltd.
Roshan Padamadan, a former HSBC Holdings Plc product specialist, has started a hedge fund that will seek for opportunities in global liquid securities, Bloomberg reported.
Every day, through eyes clouded by glaucoma, Peter witnesses the spending power generated by Singapore's economic success, knowing he can only afford to look.
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