News about Singapore

KUALA LUMPUR (Aug 24): Malaysian Government-owned MyHSR Corp Sdn Bhd said it will appoint "reference design consultants (RDCs)", who will oversee preliminary work for the planned Kuala Lumpur-Singapore High Speed Rail (HSR) project.

TUCKED away in an industrial estate in Singapore, kitchen cabinet­maker Alustil’s showroom and office is bright and modern.

SINGAPORE (Aug 23): OCBC Investment Research has maintained its “overweight” rating on the Singapore REIT industry, following the conclusion of the 2Q2016 results season.

SINGAPORE (Aug 23): A wholly-owned subsidiary of Yongnam Holdings is buying three parcels of industrial land in Johor for RM46.

KUALA LUMPUR (Aug 22): IOI Properties Group Bhd has reported a 3% drop in net profit for its fourth financial quarter ended June 30, 2016 (4QFY16) to RM389.

SINGAPORE (Aug 22): UOB Kay Hian is maintaining its “buy” rating for Genting Singapore, but with a lower target price of 84 cents from 88 previously as the casino operator is hit by lower mass market gross gaming revenue (GGR) at its Resorts World Sentosa (RWS) integrated resort.

DUE to the rising use of smartphones and the internet, what can retailers do to enhance their competitiveness? JLL Malaysia managing director YY Lau says with urbanisation, changing demographics and consumer behaviour, shopping habits have also evolved, forcing mall owners to rethink the way they operate.

KUALA LUMPUR (Aug 19): Alignments and station locations for the Kuala Lumpur-Singapore high-speed rail (HSR) project are yet to be finalised, except for the location of HSR Terminus in Kuala Lumpur, which is Bandar Malaysia, said MyHSR Corp Sdn Bhd.

PETALING JAYA (Aug 18): MyHSR Corp Sdn Bhd is currently working with the Malaysian federal and state governments and authorities to determine the best locations for the Kuala Lumpur-Singapore High Speed Rail (HSR) stations.

UNITED Malayan Land Bhd (UMLand) is undergoing a corporate exercise to streamline its activities to ensure greater growth.