World Of Tourism

People's Daily Online, 12 April 2011With the 7.8 billion U.S. dollars takeover bid on Australian bourse operator ASX Limited been officially rejected by Australian authority last Friday, Singapore Exchange may have little time to identify new avenue of growth without being marginalized in the industry, given the increasing competition from rivals. Full story

Total Telecom, 11 Apr 2011Singapore operator buys 2.83 million more shares in India's biggest mobile player.Singapore Telecommunications Ltd. said Monday it has increased its stake in India's Bharti Airtel Ltd. by buying 2.83 million shares for INR934 million. Full storyRelated:SingTel’s Airtel stake reaches 32.25% - TeleGeography

MSN Malaysia News, 11 Apr 2011The architect of a doomed merger between the Singaporean and Australian stock markets expressed disappointment Monday at Canberra's veto, but said he was still in the hunt for other deals.The Swedish chief executive of the Singapore Exchange (SGX), Magnus Bocker, issued his first public comments after Australian Treasurer Wayne Swan on Friday formally blocked the

Malaysia Star, 9 Apr 2011SINGAPORE: Singapore Exchange Ltd (SGX) has terminated its US$8bil bid for Australia's ASX Ltd after the Australian government formally rejected the offer on national interest grounds and said changes to the country's financial systems were needed before the bourse could be bought by foreigners.It was the first time the Australia government has rejected a major foreign

MarketWatch, 6 Apr 2011SINGAPORE—Singapore Exchange Ltd. said Thursday it has provided feedback to Australia's foreign investment regulator on its proposed merger with ASX Ltd., the operator of the Australian stock exchange, but that it hasn't changed the terms of its offer.The submission to Australia's Foreign Investment Review Board comes amid expectations that the fate of the proposed 8.4

ABC News, 5 Apr 2011Australia signaled Tuesday that it would block the Singapore stock exchange's $8.3 billion takeover bid for the Australian bourse, saying the deal is not in the national interest.Treasurer Wayne Swan, who has veto powers on major foreign investments in Australia, said the Foreign Investment Review Board had informed the SGX, operator of the Singapore exchange, that he was

Thenews.com.pkKARACHI: Gwadar Port plans to handle 125,000 tons of fertiliser during the current year, but the Port of Singapore Authority (PSA) is creating hurdles for the port, an official said on Thursday.“The Port of Singapore Authority (PSA) is creating problems for the Tally Contractor, Hussain Traders.”The contract for Tally services (to monitor the weight and counting of the bags) was

Reuters, 22 Mar 2011(Reuters) - Australia's parliament is likely to hold an inquiry into the Singapore Exchange's $7.5 billion bid for the Australian Stock Exchange , which could further delay any conclusion of the deal until July.Key opposition lawmaker Barnaby Joyce told the upper house Senate on Tuesday that the opposition would support a Senate inquiry if the deal was approved by the Foreign

Reuters, 22 Mar 2011(Reuters) - Singapore Airlines , the world's second most valuable carrier by market capitalisation, will suspend one of its two daily flights between Singapore and Tokyo's Haneda airport, the airline said on its website. Full storyRelated:Singapore Airlines drops one daily flight to Tokyo on lower demand - Monsters and CriticsSingapore Airlines suspends some Japan flights -

The Malaysian Insider, 20 Mar 2011SINGAPORE, March 20 — Keppel Land’s Alpha Investment Partners and Singapore insurer NTUC Income have bought a prime office complex in the city-state for about S$889 million (RM2.1 billion), Keppel Land said today.The price paid for Capital Square, a 16-storey office tower with two rows of shophouses, works out to about S$2,300 per square foot. The complex’s

The Sydney Morning Herald, 19 Mar 2011THE bid by the Singapore stock exchange to take over the Australian Securities Exchange is set to fail, with the Federal government highly unlikely to give its blessing and the Nationals about to start a public campaign to block the merger.The $8.4 billion bid by the government-owned Singapore Exchange Ltd needs to jump three hurdles to proceed and, as of

Reuters, 17 Mar 2011(Reuters) - Singapore Airlines , the world's second most valuable carrier by market value, said on Thursday it will delay the launch of Airbus A380 services to Tokyo and Los Angeles as there was less demand for travel to Japan. Full story

Manila Bulletin, 17 Mar 2011MANILA, Philippines – Singapore-based terminal operator PSA International posted a throughput increase of 14.4% in 2010 over a relatively low base in 2009.The total PSA group volume from port projects around the world totalled a record 65.12 million TEUs (twenty-foot equivalent units).In line with the global economic recovery and improved performance of the container

The Australian, 17 Mar 2011The head of Singapore Exchange Limited says the group is in partnership talks with other exchanges and clearing house operators to provide cheaper trading and processing for global customers.The drive by regulators in Europe to increase bank capital requirements makes it "natural" for clearing houses to find new ways to address margin costs, encouraging such alignments,

MediaWeek.co.uk, 15 Mar 2011Singapore Airlines has abandoned the paper version of three of its in-flight titles on two of its Boeing 777-300 ER carriers.The airline has worked with SmartPapers Aviation to replicate the content of its magazines as digital-only products, available on screens on the back of airline seats.Magazines SilverKris, KrisShop and KrisWorld are all available as digital-only

The Sydney Morning Herald, 11 Mar 2011SINGAPORE'S stock exchange has lodged an application with the Foreign Investment Review Board for its proposed $8.4 billion merger with Australia's main bourse.''ASX Limited advises that Singapore Exchange Limited has lodged a formal application to the Australian Foreign Investment Review Board about the proposed merger of ASX and SGX,'' ASX said in a

The Australian, 11 Mar 2011SINGAPORE Exchange chief executive Magnus Bocker has lobbied dozens of Australian mining chiefs in Perth as he intensifies his push to sell the benefits of an $8.4 billion merger with the Australian Securities Exchange.Mr Bocker flew out of Perth last night after three days of meetings with chief executives of listed mid-cap miners in an attempt to promote the deal for

MarketWatch, 8 Mar 2011SYDNEY—Top executives from Singapore Exchange Ltd. are visiting Australia this week, just days before the company is expected to formally apply for approval of its 8.4 billion Australian dollar (US$8.49 billion) takeover of local market operator ASX Ltd.A spokeswoman for SGX said the visit was in response to an invitation from Western Australia's state government and that

Bloomberg, 3 Mar 2011Regulatory approval of Chi-X Global Inc. as a competitor to Australia’s main bourse operator may make it easier for Singapore Exchange Ltd. (SGX) to tackle political opposition to its bid for ASX Ltd. (ASX)Yesterday’s approval of Chi-X to become the first foreign- owned stock exchange operator in Australia’s 150-year trading history may ease lawmakers’ concerns about one

CENS.com, 3 Mar 2011Taipei, March 3, 2011 (CENS)--Taiwan`s Investment Commission of the Ministry of Economic Affairs (MOEA) lately approved the Development Bank of Singapore Ltd.`s investment of NT$10 billion (US$322.581 million) to set up a subsidiary in Taiwan, with the project being the largest inbound investment ever in Taiwan.The Investment Commission officials said that DBS came to Taiwan