Company Investment in Singapore - Property Launches & Investments

Sandcrawler vindicates Lucas' Asia move

Posted by Property Launch Invest on Sunday, 26 January 2014 in Property News

[SINGAPORE] Right in the heart of Buona Vista, dozens of digital-animation and visual-effects specialists - many of them Singaporeans - are busy working on Hollywood blockbuster movies such as Avengers 2 and Transformers 4.

Some others are putting the finishing touches to a full-length animated feature film produced entirely in Singapore.

All this activity was abuzz within a futuristic-looking, horseshoe-shaped building in Fusionopolis called Sandcrawler, which is Lucasfilm's regional headquarters and its first studio outside the United States.

Mediapolis progresses with Hollywood ambitions

Posted by Property Launch Invest on Sunday, 26 January 2014 in Property News

[SINGAPORE] A piece of Hollywood has been in Singapore for the last year and is set to grow.

Infinite Studios at Mediapolis formally threw its doors open yesterday, revealing two of Singapore's largest soundstages and a cluster of tenants that span the length of the media production process.

Rakuten seeking to build Singapore as its regional hub

Posted by Property Launch Invest on Thursday, 16 January 2014 in Property News

SINGAPORE- Japan's biggest e-commerce site Rakuten may only be officially setting up in Singapore later this month but it already has 70 local merchants on board as it works towards building its regional hub in Singapore.

Shingo Okamoto, head of Rakuten's Singapore e-commerce business, told BT in an interview that the Singapore marketplace will officially launch in mid-January, and that it aims to get 300 local merchants to join its site within a year.

Foreign investors put 30% more into local property

Posted by Property Launch Invest on Tuesday, 14 January 2014 in Property News

Foreign investors piled into local property last year, far outpacing the level racked up in 2012, said a DTZ report yesterday.

Investments from overseas hit $4.1 billion in 2013, a rise of more than 30 per cent on the previous year.

Investors from Asia comprised nearly 90 per cent, or $3.7 billion, of the spending, with Chinese buyers alone accounting for $2.9 billion of that.

This is almost triple the $1 billion they contributed in 2012.

Singapore, Hong Kong best for business: World Bank

Posted by Property Launch Invest on Saturday, 04 January 2014 in Property News

WASHINGTON: Singapore and Hong Kong rank the world's best places to run a business, while mainland China remains far down the list, according to the World Bank's annual competitiveness survey Tuesday.

The Southeast Asian entrepots and finance centres topped the survey for the eighth straight year, with New Zealand, the United States and Denmark rounding out the top five, as a year ago.

US online cashback website to open regional HQ here

Posted by Property Launch Invest on Saturday, 04 January 2014 in Property News

ONLINE cashback website Ebates.com, based in the United States and owned by Performance Marketing Brands, is the latest to venture into the Asian market.

Ebates will open its regional headquarters in Singapore by the end of the year. It has already acquired a similar company in China and plans to expand into South Korea,

Said David Teng, the company's general manager for Asia: "We're always on the lookout for business partnership that will provide more value for shoppers in the region."

3 clean energy companies announce investments in S'pore

Posted by Property Launch Invest on Monday, 30 December 2013 in Property News

German solar project developer Saferay, US smart grid technology provider Demansys Energy, and China clean energy firm Hanergy on Thursday announced new investments in Singapore.
Hanergy and Saferay will be establishing their international headquarters in Singapore.

Hanergy said in a press statement that the global headquarters in Singapore will oversee its sales and investment activities worldwide.

"The global headquarters will develop significant internal capabilities such as information technology infrastructure and customer relationship management tools to readily address customer's energy needs," said Jason Chow, Chairman and CEO of Hanergy Global Investments & Sales.

US Data firm set up Asia-Pac HQ in Singapore

Posted by Property Launch Invest on Sunday, 29 December 2013 in Property News

Singapore was ranked the third safest place in Asia to site data centres, according to a Data Centre Risk Index report released in June. The ease of doing business here is one reason for Singapore's rank.

The American tech firm IO will sharply increase its investment here as it moves to make Singapore the centre of its operations across the Asia-Pacific - and eventually the world.

Chief executive George Slessman said on Wednesday that it is ready to spend up to S$70 million (US$56 million) more in developing its base here.

That expenditure will come on top of the S$30 million (US$24 million) it has already put into a new data centre that it officially opened in Ang Mo Kio on Wednesday.

JR East set Asia Pac- Hub in Singapore

Posted by Property Launch Invest on Thursday, 26 December 2013 in Property News

ONE of the biggest railway giants in the world, the East Japan Railway Company (JR East) will use Singapore as its Asia-Pacific hub to tap on the region's plans to set up high-speed inter-city and inter-country railway networks. JR East opened its Singapore office in March this year, its first outside Japan in Asia, as well as a European hub in Brussels in Belgium in November 2012.

JR East is the largest passenger railway company in the world with revenues of about 2.5 trillion yen (S$32 billion). It employs 72,000 people and runs all the high-speed trains (called Shinkansen) north of Tokyo, the Tokyo Metropolitan area railway network and local rail networks in East Japan. It also owns the railway infrastructure, including 1,700 stations, rolling stock, tracks, etc.

IDT's new facility in Singapore to meet Asia demand

Posted by Property Launch Invest on Thursday, 26 December 2013 in Property News

IDT, the World’s Lagest Supplier of Custom Nucleic Acids, leader in custom nucleic acid synthesis, Integrated DNA Technologies (IDT) has expanded its manufacturing capabilities to Singapore. IDT is now able to provide locally-manufactured oligonucleotides to researchers in Singapore and throughout the region from the company’s first synthesis facility in Asia.

In January of 2012, IDT acquired the oligo business of Singapore’s top supplier, 1st BASE Pte. Ltd. Shortly thereafter, IDT began work to create a state-of-the art hub for oligo manufacturing and support dedicated to the Asian market. IDT completed the nearly SGD 6 million project in spring of 2013, and the Singapore company’s synthesis and other processes are now fully integrated with IDT’s operations in the US and Europe.

More Japanese firms relocating here in Singapore

Posted by Property Launch Invest on Thursday, 26 December 2013 in Property News

SINGAPORE – A growing number of Japanese companies have moved some of their headquarters or key functions to Singapore, an air and marine logistics hub in Asia, viewing the city-state as a strategic location where they can oversee a new wave of investment in Southeast Asia.

Panasonic Corp. and Mitsui Chemicals Inc. recently moved some key functions, including a portion of the central purchasing function, from Japan to Singapore, while Hoya Surgical Optics Inc.also establish its headquarters in Singapore. The operational shifts entails personnel relocations. About a dozen of people, including the directors overseeing the procurement and logistics operations, will move to Singapore to spearhead the business strategically on a global scale.

Traiana opens new office in Singapore

Posted by Property Launch Invest on Tuesday, 24 December 2013 in Property News

Traiana, a provider of pre-trade risk and post-trade processing solutions, has created a hub for its Asia Pacific business by opening a new office in Singapore, which has been designated as a hub for its Asia Pacific business.

Andy Coyne, chief executive of Traiana, says: “Opening an office in Singapore is very exciting for us as it underlines our commitment to the region. We will be better able to support our growing client base of global and local financial institutions by providing best in class client services and capitalizing on the new opportunities for growth that we see in the region.”