Latest News

S'pore is world's 2nd most attractive market to do M&A

Singapore is the world's second most attractive market to do mergers and acquisitions (M&A).

This according to the 2012 M&A Maturity Index published by the M&A Research Centre at Cass Business School and Ernst & Young.

The United States has retained the top spot, while the United Kingdom and Hong Kong took third and fourth place respectively.

The index ranks 148 countries on their ability to attract both domestic and cross border M&A deals.

Gemalto's Trusted Services Management Data Center in Singapore Obtains MasterCard and Visa Certification

Gemalto, the world leader in digital security, today announced that its Trusted Service Management (TSM) data center in Singapore has achieved MasterCard and Visa certification. This allows Gemalto customers to securely distribute MasterCard and Visa mobile payment services to their end users. The certification validates Gemalto’s readiness for supporting banks, mobile operators and other service providers in their NFC deployments across Asia and around the world.

Asia Pacific Continues To Be Hotspot For Airline Growth

Airlines continue to look to Asia Pacific for growth amidst global economic uncertainty as the region's economies continue expansion in the global airline industry, says Abacus International, Asia’s leading revenue partner for airlines.

Carriers based in Asia Pacific will make profits of $2.1 billion in 2012, according to forecasts from the International Air Transport Association (IATA). This accounts for 60 per cent of the total profits predicted for the global airline industry, making Asia Pacific a key region for aviation growth[1].

India shows signs of struggle, while Indonesia grows in strength

The recession in Southern Europe is becoming more severe in Spain and Italy, and has spread to Cyprus. The first signs of struggle in the Indian economic growth model are also beginning to emerge. In this increasingly difficult environment for companies, Coface has reduced its risk assessments for 6 countries, including Spain, Italy, Cyprus and India.

Cyrille Charbonnel is appointed Chief Operating Officer of the Coface Group

Cyrille Charbonnel, Group Organisation Director and a member of the General Management Committee of the Coface Group, is appointed Group Chief Operating Officer, a newly created position.

In this role, he will manage the operational functions of the Group together with Jean-Marc Pillu, Chief Executive Officer, and more specifically the Commercial, Underwriting, Information, Claims & Collection functions. He retains his responsibilities as Group Organisation Director.

HDB garners French urban planning support

Housing & Development Board has signed an MOU with French specialists to jointly develop urban planning solutions for its towns.

In a release marking the end of the World Cities Summit 2012, HDB said it is the first public agency in Singapore to conclude a Memorandum of Understanding (MOU) with Electricité  de France (EDF) and VEOLIA Environnement Recherche et Innovation (Veolia) to work on a complex Systems Model, which will help HDB develop sustainable, urban planning solutions in HDB towns.

Groupon opens first physical store in Suntec City

opular online coupon company Groupon has opened its first physical retail concept store in Singapore on Wednesday.

It is located at Suntec City Mall and staffed by more than 50 customer service personnel.

Customers queueing up for S$50 worth of credits to celebrate the store's opening can now expect much shorter waiting times.

Previously, they may have to wait for up to 30 minutes to redeem products at its previous redemption centre at Groupon's Harbour Front office.

Asian businesses behind rest of world in protecting the health and safety of employees: Results of Asia-wide Benchmarking Study

  • Singapore leads Asia in terms of overall Duty of Care score for travel risk management
  • India, China and Indonesia perceived as highest risk countries for respondents in Asia
  • Asia respondents perceive illness,  infectious disease and political unrest as lower risk compared to respondents in Europe, North America and Africa

New hub to boost Singapore's surface engineering sector

Singapore's S$400 million surface engineering sector is under intense pressure from emerging Asian economies, said Minister for Trade and Industry, Lim Hng Kiang.

He said this at the launch of JTC's Surface Engineering Hub at Tanjong Kling on Thursday which will be the new home for the sector from the second half of 2013.

The government is lending a hand to this sector, which is critical to attracting larger manufacturers set up camp here.

Successful Edition for BroadcastAsia & CommunicAsia 2012!

29 French companies gathered under the French pavilions at CommunicAsia and BroadcastAsia 2012, located at Marina Bay sands and Suntec. 

 

A successful event provided the exhibitors with a great platform to showcase their innovative solutions to decisions maker in the Asia region. Exhibiting at CommunicAsia and BroadcastAsia represents a true opportunity for companies to optimize their business in Asia.

Office Furniture for Sale

As the FCCS will be expanding and refurbishing its office in August, our existing office furniture will have to be replaced.

Please advise us if you are interested to give us a package purchase price for the entire furniture inventory (this should also include the dismantling and furniture removal). We are looking to have the entire furniture removed by end of July.