According to reports, Singapore’s second and largest desalination plant made by Hyflux will soon begin the production of the world’s cheapest desalinated water, at the rate of 45 cents per cubic metre, after completion in 2013.

Oversea-Chinese Banking Corporation (OCBC) is a bank which thoroughly guides the investors in taking decision on investments matters. In the highly competitive market, it is Mr. Vasu Menon as the Head (content and research) in the Wealth Management division of OCBC Bank is present to guide the investor to make an informed choice.

PowerSeraya in order to raise awareness about the energy consumption among the households in Singapore had introduced Responsible Energy Advocates Programme (Reap) along with various institutions in the region.

A unit of Singapore-listed Mermaid Maritime has taken an option to build a jackup rig valued $184 million, said on Sunday by Keppel Corp, the world's largest oil rig builders.

Trade and Industry Minister Lim Hng Kiang said at a conference yesterday that in today’s world of uncertainty for strong growth and balanced well-diversified economy has to rely on both service and manufacturing sectors.

He also said that economy’s growth can also be maintained by working together of individual sectors over long term.

The Ministry of National Development (MND) has declared that the Government will commit $400 million for financially supporting research and development efforts in urban sustainability. On Monday he made this announcement at the inaugural Urban Sustainability R&D Congress.

On Thursday Brent Crude Futures Fall Over $2.00 a barrel due to global economic outlook and stronger dollar.

The Brent contract for front-month August was down $2.34, or 2%, at $111.87 a barrel on London's ICE futures exchange while on the New York Mercantile Exchange it was down $1.64, or 1.7%, at $93.77 a barrel.