Singapore to spend 1.4 billion US dollars to expand port
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Singapore is set to spend two billion dollars (1.41 billion US) to increase its port's annual capacity by about 40 percent, a newspaper reported Saturday.
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The first S$700 million ($457  million) phase of Singapore's massive underground oil storage  project will be completed in four years, a government minister  said on Thursday, two years later than initially planned.
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Boeing yesterday secured a $7.3bn (Â£4bn) order to supply 31 aircraft to Singapore Airlines, boosting its efforts to regain ground on Airbus.
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Singapore Airlines plans to buy up to 31 Boeing long-range 777-300ER planes worth about $7.35 billion, the carrier said Wednesday.
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Singaporesâs PSA gained a much-sought foothhold in Hong Kong with an agreement to buy a stake in Asia Container Terminals, a port operator in the worldâs busiest container hub, from Sun Hung Kai Properties.
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Business & money: Bank working to raise around Â£10bn from the Chinese and Singapore governments.
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The first S$700 million ($457 million) phase of Singapore's massive underground oil storage project will be completed in four years, a government minister said on Thursday, two years later than initially planned.
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Singapore's drive to increase its population should not leave the city-state as crowded as Hong Kong, Lee Kuan Yew, the country's former prime minister, was quoted as saying in local media on Saturday. The Singapore government said last year it wants to add another two million people to expand the island's population to 6.5 million over the next 40 to 50 years -- mostly through immigration -- to drive economic growth in the city-state, where there is a low birth rate and a
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Temasek Holdings Pte, a $53 billion Singapore government fund, may buy stakes in China&#39;s first private bank and Indonesia&#39;s biggest listed oil company as it steps up investments abroad.
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Royal Dutch/Shell Group announced Wednesday that it would spend US$1.8 billion on exploration and production in the North Sea, including building a pipeline to transfer gas from Norway to Britain.
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The government said Tuesday it has earmarked 50 million Singapore dollars (34.5 million US) to fund research on clean energy, such as solar power, over the next five years.
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Seagate will build a third hard-disk media plant in Singapore to meet growing demand for hard drives.
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SINGAPORE - Singapore Airlines (SIA) is set to outlay around US$7.35 billion for up to 31 Boeing B777-300ER (extended range) aircraft, with 18 to be delivered between 2006 and 2010, the company said.
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FROM today, almost 75 per cent of Singapore&#39;s domestic exports to South Korea, which amount to more than $3 billion, will enjoy immediate tariff elimination.
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Buyout firm Fortress Investment Group on Monday raised its offer for Stelmar Shipping Ltd. (SJH.N: Quote, Profile, Research) by about 4 percent to $703 million, but Stelmar&#39;s
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SINGAPORE, NOV 3: Southeast Asia&#39;s largest telecom group, Singapore Telecommunications Ltd (SingTel), will join an alliance with six other carriers that will invest US$30-40 million over 3 years in regional mobile phone technology including India.
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Singapore&#39;s PSA International will build and operate a cargo terminal in Britain under a joint venture formed with a London-based partner, the state-owned port operator said Wednesday.