08 Jun '11, 8am

DTN Singapore: GM Korea to spend $6.1b on three-year expansion: SEOUL - THE South Korean unit of US auto giant G...

SEOUL - THE South Korean unit of US auto giant GM said on Wednesday it would spend up to 5.4 trillion won (S$6.1 billion) over the next three years to expand its market share. The investment includes the cost of developing new vehicles as well as expanding and improving the company's service centres, GM Korea vice president Ankush Arora said. 'You certainly need great products, but the formula of success is a combination of many factors,' he told Yonhap news agency. The company turned profitable in 2010 after posting net losses for the previous two years. However, its domestic market share was around eight per cent last year. Mr Arora said the company's market share would 'for sure' reach a double-digits this year for the first time. It plans to renovate its 10 major service centres by October with various 'comfort zones' that will enable customers to take naps, read books...

Full article: http://www.straitstimes.com/BreakingNews/Money/Story/STIS...

Tweets

First woman sergeant major for this year's NDP

asiaone.com 08 Jun '11, 4pm

Singapore will mark its 46th birthday with the National Day Parade on August 9 this year. This year's NDP will feature a f...

Bodybuilding: SBBF gets its fourth president in three years: SINGAPORE: Three months after taking over as presid...

Bodybuilding: SBBF gets its fourth president in...

channelnewsasia.com 09 Jun '11, 10pm

SINGAPORE: Three months after taking over as president of the Singapore Bodybuilding & Fitness Federation (SBBF), Chiam Tu...

Singapore to overtake Vegas this year: US gamin...

straitstimes.com 07 Jun '11, 10am

Singapore is set to overtake Las Vegas as the world's second-largest gambling hub this year, a US gaming industry head sai...

Gone Case selected for READ! Singapore this year

Gone Case selected for READ! Singapore this year

channelnewsasia.com 15 Jun '11, 2pm

SINGAPORE : READ! Singapore is back for its seventh year, with the theme of "Transition". The annual National Library Boar...