Latest News

Thales awarded contract for massive Singapore metro re-signalling project

Thales has been selected by SMRT Corporation Ltd. to supply its world-leading SelTrac® Communications-Based Train Control (CBTC) solution to re-signal the North-South and East-West lines, plus an extension. The metro lines combined are more than 100 km long and serve 58 stations including those of the future Tuas West line extension. The entire system is expected to be operational by 2018.

Singapore is currently one of world's Top 10 growing airports

Which four other Asia Pacific airports made the cut as of the month of February?

Bangkok, Beijing, Jakarta and Manila also expanded its available scheduled seat capacity faster than virtually all other major airports. Combined, the five Asia Pacific airports represented 3.5 million additional seats for the month or 19% of the global growth amount, which is reflective of still-growing demand.

Job opportunities at S'pore Airshow

One thousand new jobs are opening in Singapore's aerospace and aviation sectors.

Half will come from opportunities to be announced at the Singapore Airshow in two weeks' time.

The six-day event starts on February 14, 2012.

Speaking to Channel NewsAsia, the Economic Development Board (EDB) said it expects four in five of these opportunities to go to Singaporeans.

The board said these openings come from 10 projects and joint ventures, among other things.

Alstom to supply 34 Metropolis trains and signaling upgrade to Singapore metro

The Land Transport Authority of Singapore has awarded Alstom a contract worth around €240 million to provide new trains for two metro lines, the Circle Line (CCL) and North East Line (NEL), along with signaling upgrade for both lines. 18 trains will be delivered to NEL whereas 16 will be supplied to CCL. Delivery is to start in 2015. These additional trains will boost capacity of Singapore metro, in order to meet a growing demand which has increased from 1.78 million passengers in 2009 to over 2 million 2010.

Consilium and Orange launch Current At Sea, a paperless maritime navigation and communication solution

Current At Sea improves safety, allows efficient communications, reduces costs and enables ECDIS compliance

Consilium and Orange Business Services are modernizing maritime communications with the launch of a paperless navigation solution that extends an Electronic Chart Display and Information System (ECDIS) over the world’s largest MPLS-based network. This bundled, flat-rate solution named Current At Sea enables shipping companies to move to a fully electronic platform for navigation and communications.

Global Construction: Substantial geographic difference, high sensitivity to economic conditions, permanent credit risk

In the latest Coface report “Global Construction: Substantial geographic difference, high sensitivity to economic conditions, permanent credit risk”, the situation of companies in the construction sector closely reflects the world, regional and national economic trends. The construction sector was badly hit by the 2009 crisis and a large number of payment incidents were still occurring in 2011.

SMEs expected to contribute over S$4b over next 3 years

Small and medium-sized enterprises (SMEs) are not slowing down in upgrading their businesses, according to a review conducted by SPRING Singapore last year.

Despite the hazy economic outlook, SMEs are expected to generate over S$4 billion worth of new business activity for the economy in the next three years.

The 2011 report card for SPRING Singapore looks pretty solid. The enterprise development agency assisted over 12,000 SMEs through its Enterprise Development Centres (EDCs).

PayrollServe partners ADP to provide ADP Streamline to MNCs

ADP is one of the world's largest providers of business outsourcing solutions, with nearly $9 billion in revenues and over 585,000 clients*. Leveraging nearly 60 years of experience, ADP offers a wide range of HR, payroll, tax and benefits administration solutions from a single source. ADP's easy-to-use, cost-effective solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine and recreational vehicle dealers throughout the world.