27 January 12 | The Business Times by Ronnie Lim
WITH Singapore currently studying how best to secure future LNG supplies for power plants and industries here as well as for potential trading purposes, Keppel Corporation is set to play a role, says its CEO Choo Chiau Beng. The Singapore conglomerate - already a leading global offshore rig and shipbuilder, power producer and also gas importer bringing in piped natural gas from Malaysia - is...
26 January 12 | The Business Times by Ronnie Lim
DESPITE eurozone concerns, the go-ahead is expected soon for two planned petrochemical investments totalling over $500 million on Jurong Island. The first is Lanxess' 200 million euro (S$330.7 million) Nd-PBR plant - the German group's second synthetic rubber facility here to supply to China and other Asian markets - which is looking 'very positive' to proceed, BT understands. The second is...
18 January 12 | The Business Times by Lynn Kan
(SINGAPORE) The global economic outlook for 2012 may be gloomy - and the local one muted - but investment into Singapore in the coming year will be 'sustained around 2011 levels', said the Economic Development Board (EDB) yesterday. It expects fixed asset investments (FAI) to reach $13 billion to $15 billion in 2012 - which would most likely top 2011's $13.7 billion. The past year was already a...