Singapore

Researchers achieve breakthrough in electromagnetic waves study

Researchers have achieved a new breakthrough in exploiting electromagnetic waves and will prove useful in further research for more advanced medical diagnosis.

The new research will allow researchers to build smaller more portable, easier to operate as well as cheaper terahertz waves (T-rays) systems for medical diagnostics. T-rays are used in airports scanners, medical scanning devices as well as in spectroscopy systems for materials analysis.

The rays will be able to sense molecules as every molecule has its unique signature in the THz range, according to a report in the journal Nature Photonics.

Reliance Com’s unit planning to get listed in Singapore

Reliance Com’s unit planning to get listed in SingaporeThe cable unit of the Reliance Communications Ltd is aiming to raise about $1.5 billion through an initial public offering (IPO) in Singapore, according to reports.

Anil Ambani's Reliance plans to sell 75 percent of FLAG Telecom through the IPO and get a valuation of up to $2 billion within the first half of the year, according to a report citing persons close to the matter. FLAG Telecom will be listed as a business trust in the stock market in Singapore.

Banks in Singapore to focus on NRI investment potential

Banks in Singapore to focus on NRI investment potentialBanks in Singapore are improving operations in order to be ready to exploit the investment potential of the non-resident Indians (NRI) living in the city state.

The more than 300,000 NRI’s in Singapore have a investment wealth of USD 25 billion with a preference to invest in Indian securities and the Indian currency. According to a latest report in a media outlet, the number of NRIs with an appetite for investment in India is increasing drastically in the country.

Changi might pick up 26% stake in GVK Airports

Changi might pick up 26% stake in GVK AirportsAccording to some reports, Singapore's Changi Airports Group might be planning to acquire a 26 per cent stake in GVK Airports unit in a deal worth around 2,200 crore.

GVK Power & Infrastructure Ltd has said in a filing with the Bombay Stock Exchange (BSE) that it normally looks for business partners for growth in various industries within and outside India, but the group or any of its subsidiaries has not entered into an agreement with any company for a stake sale.

Singapore expected to have 3-5 percent economic growth

Singapore expected to have 3-5 percent economic growthSingapore, Oct 11 - Singapore President Tony Tan Keng Yam has said it is going to be tougher for Singapore to have high growth rate as the city state moves closer to the income level of the developed countries, but it can still achieve growth of 3-5 percent in the coming years.

Tan said such growth rate will be enough to achieve a better life for all Singaporeans, according to daily Business Report Tuesday, reported Xinhua.

Singapore firm working on Indoor GPS

Singapore firm working on  Indoor GPSSingapore, Oct 10 - A Singapore start-up firm has devised an innovative application to allow phone users have access to their positioning information within buildings, where the traditional global positioning system has often proved inaccurate.

The firm YFind Positioning System feels that the application can help turn Singapore into the world's first location-intelligent city, daily Business Times reported on Monday.

Singapore: To Host Asia’s First Ever Men’s Fashion Week

Singapore's First Men's Fashion Week 2011Singapore, known for its great fashion in women’s high street and couture genres is now reportedly all ready to host the first ever Men’s fashion extravaganza week this side of the globe. The event is being organized by Fide Multimedia Pte Ltd and One International Holdings Pte Ltd.

The event is to be something as big as any fashion week with most designers scheduled to be flown down to Singapore. The tickets are also open for public purchase and according to reports some 30% of the total has been land marked for it.

Worlds first for cure for PE

PriligyWorld's first oral medication to treat premature ejaculation has been granted an approval for usage in Singapore.

Premature ejaculation, or PE, is tainted to be one of the most severe issues which is visible in case of males sexual health globally, states Janssen-Cilag.

It is considered to be a medical condition which has been designed in a manner to fight against the short ejaculatory latency time and lack of control. In Singapore, 20 per cent of men are witnessing PE, while another probable 14 per cent are likely the true sufferers of the condition.

Constipation occurs more in kids with no green diet

Children-greens-dietChildren who don't have greens in their diet have 13 times more chances to get constipation, according to a new study.

The research further discovered that drinking less than two glasses of water per day raises the risk to a great extent.

Constipation is a very painful condition when the movement of bowel become infrequent or hard to pass and can result in more serious bowel obstructions, as reported by the Journal of Clinical Nursing.

1/10th of Singapore suffering from obesity

1/10th of Singapore suffering from obesityWhile the number of obese percentage in Singapore was at a satisfactory level of 6.9% back in the survey done in 2004 but the latest National Health Survey has revealed that close to 10.8% of the population in the country is obese.

Singapore bourse bids to merge with Australian exchange

Singapores stockSingapore, Oct 25 : The Singapore Stock Exchange (SGX) said Monday it has entered a merger agreement with Australian bourse operator Australian Stock Exchange Ltd (ASX), in a move that would create one of the largest stock exchanges in the world.

The proposed deal would have a volume of about $8.3 billion in cash and stock bid, SGX said in a statement.

"The combination of ASX and SGX will create the world's fifth-largest listed exchange group with a broad international shareholder base," it said.

Marico set to takeover Singapore's Derma Rx

Marico set to takeover Singapore's Derma RxMarico, has said that it is looking forward to buy out Singapore-based company, Derma Rx Asia Pacific (Derma Rx).

The FMCG giant is going to this through its wholly-owned subsidiary, Kaya Limited. Derma is into the business of aesthetics and the takeover is another step in the organic development plan of Marico.

Trade between India and Singapore to reach $35 billion

Anand-SharmaOn Tuesday, the Minister for Commerce, Anand Sharma said that within next five years, the total trade between India and Singapore will become $35 billion.

During the joint press conference organized by India and Singapore, he said, "India and Singapore have agreed to work towards doubling bilateral trade from $16 billion to $32 billion by 2015."

He was supported by his Singaporean counterpart Lim Hng Kiang.

Noble says no to Macarthur

Noble says no to MacarthurNoble Group, a Singapore listed commodities firm, said that it is not interested in talks with Macarthur Coal Ltd. over Macarthur's offer to acquire Gloucester. Noble was addressing the Singapore stock exchange today. Noble is the major shareholder in the Australian coal firm Gloucester. Noble shareholders have already rejected the takeover bid from Macarthur last week.

GMR to see $200 million investment from Temasek

GMR to see $200 million investment from TemasekIndian infrastructure company, GMR Infrastructure is going to receive as much as $200 million as investment from Singapore's Temasek Holdings.

The agreement was reached on Friday and the Singaporean state investor is going to put this money into the power business of GMR. With this, it will expand its generation capacity as well.

Temasek has taken this decision looking at the huge potential and relatively very less competition in the Indian power sector.

Masks and N95 respirators are found to be effective prevention from H1N1

Masks and N95 respirators are found to be effective prevention from H1N1Researchers in Singapore have said that surgical masks may be as effective as N95 respirators in preventing hospital staff from catching H1N1.

The incidence of H1N1 among the hospital's healthcare workers was analyzed by study author Dr. Brenda Sze Peng Ang of the Tan Tock Seng Hospital in Singapore and colleagues.

Bharti enters African market through SPV route

Bharti enters African market through SPV routeBharti has made two special vehicles (SPVs) in the Netherlands and Singapore to implement the $ 10.7 billion deal. Bharti Airtel is in the concluding stage of acquiring stake in Zain Telecom's operations in Africa.

It is expected that deal would be signed in next 48 hrs in Netherlands by Zain and Bharti's senior officials. Zain has agreed to compensate Bharti in case of legal costs incurred by Bharti on ownerships disputes issues. Zain will also sign an indemnity clause i. e. a guarantee clause, which will be valid for few years.

‘Protein’ Present In Snake Venom Could Advance Drug Development

‘Protein’ Present In Snake Venom Could Advance Drug DevelopmentAccording to scientists, protein present in snake's venom has the potentiality for new drug invention and to boost understanding of disease methods.

The protein known as haditoxin was detected in Prof. Manjunatha Kini's research lab at the National University of Singapore.

Report's co-author Dr. S. Niru Nirthanan has characterized the pharmacological actions of haditoxin.

Dr. Nirthanan also said that haditoxin was unique with respect to structure unique and therefore expected to have unique pharmacological properties.

Flights to Mackay route confirmed

TigerAirwaysSingapore-based Tiger Airways, has dived in the best fare deals arena, with the $28 fare from Rockhampton to Brisbane, giving a green signal to the direct flights to Melbourne.

Australia's commercial director, Steve Burns discussed that the Tiger Airways is yet to decide the final schedule for its coming season, stretching arms from March 28 to October 2010. In the discussion, paving last week the Melbourne to Mackay route finalized, however the flight heading from Rockhampton to Melbourne are on hold. The news penetrated, once Jetstar finalized the decision to halt its daily flight from Rockhampton to Brisbane, effective from 10th May.

Tourism in Singapore Shows Signs of Improvement

Singapore-TourismWith the coming of 2010, Singapore's tourism seems to have been given a boost once again. During the year, the country is expecting to host 11.5 million to 12.5 million visitors and bag about S$17.5 Billion to S$18.5 Billion in tourism receipts. The figures have been shared by the Singapore Tourism Board and have been a result of the significant rise in tourist numbers recorded during the initial months of the year.

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