Friday, 29 August, 2014



Singapore's July bank lending stable from June

[SINGAPORE] Total bank lending in Singapore was barely changed in July from June as loans to manufacturing, building and construction rose while lending to financial institutions fell, central bank data showed on Friday.



BT’s Daily 3 - Full Stories

[SINGAPORE] More than a year after its much-vaunted alliance with...
[SINGAPORE] Singapore is aiming to maintain its position as a global...
[SINGAPORE] After more than three decades of doing business in China...



THE assurance by Indian Commerce and Industry Minister Nirmala Sitharaman on Wednesday that her country would honour its commitment to the Asean region and is ready to sign a services and investment pact should come as a relief. 


[SINGAPORE] More than a year after its much-vaunted alliance with Dubai-based Emirates, Australia's flag carrier Qantas plunged into the red with a net loss of A$2.84 billion (S$3.31 billion) for the year ended



WHILE more local property groups have been venturing into new overseas markets to counter strong headwinds from cooling measures and a looming housing oversupply, Wing Tai has said it will continue to strengthen its position and explore investment opportunities in the markets it operates in. Its property business spans Singapore, China, Hong Kong and Malaysia.


SINGAPORE'S focus on applied and technical education should not be seen as a lowering of standards, said Deputy Prime Minister Tharman Shanmugaratnam on Thursday.

Singapore Markets

THE Straits Times Index (STI) first gained 17 points to reach an intraday high of 3,358 on Thursday but came under pressure in the afternoon, eventually ending at 3,330.22 for a net loss of 11.24 points for the day.


MALAYAN Banking (Maybank) revealed on Thursday that its second-quarter net profit rose by a modest 0.5 per cent year-on year to RM1.58 billion (S$626 million), as gains from stronger loan and deposit growth were undermined by weaker fee income owing to a fall in regional investment activity.


[JAKARTA] Indonesian President Susilo Bambang Yudhoyono has rejected a request from his successor Joko Widodo to cut fuel subsidies that are weighing on next year's budget.


[HONG KONG] Alibaba Group Holding Ltd, the Chinese e-commerce giant planning to go public in the United States, said first-quarter profit surged as advertisers boosted spending on the Tmall and Taobao platforms.


EXTERNAL efforts to help India modernise its infrastructure to reach "world- class" standards kicked into high gear this week.


[WASHINGTON] The US Securities and Exchange Commission (SEC) on Wednesday adopted tighter rules for asset-backed securities (ABS) and credit rating agencies, tackling two issues at the core of the 2007-2009 financial crisis after years of delays.


IN another life, Dr Siow Hua Ming might have been an engineer or a sculptor; such is his passion for using his hands for work. But a childhood spent watching patients come out of his father's clinic in a better state than when they first entered it led him to become one the country's top orthopaedic surgeons.

Transport Hub

[CANBERRA] The hunt for missing Malaysia Airlines Flight MH370 will focus on the southern part of the existing search zone after a new clue to the plane's possible location emerged, Australia said on Thursday.

Editorial & Opinion

I ARRIVED in Singapore alone, without my wife keeping an eye on my eating habits. In my role as Toshiba's corporate representative of Asia, I have had to attend many dinners which required me to eat and drink a fair bit. 



VISUAL appeal counts for plenty when food plays a starring role in a movie. Our sense of smell may not be involved but food porn-worthy close-ups of fresh ingredients at a farmer's market or dishes lovingly prepared in the kitchen are almost enough to make up for it.


AS the saying goes, mother knows best - especially in Asia where women are traditionally expected to take care of the entire household. But what happens when mother is not around?


THE Singapore International Festival of Arts is midway through and, judging by the buzz on social and mainstream media, it is clear what the audience and critics' favourite has been so far - The Chorus; Oedipus.



[SINGAPORE] CenturyLink, a global leader in cloud infrastructure and hosted IT solutions, last week announced a new private cloud service that it says would deliver the...

Dining Out

EVER stumbled upon a juicy secret and kept it all to yourself? No? We're with you on that. Some things are too good to be kept under wraps, especially when it's Rhubarb...

Executive Money

[TOKYO] History is working against Japan's government as it seeks to convince a new generation of investors that equities are the best bet for funding retirement.


How can we balance the world's water needs with a limited supply of fresh water? More than 70% of the Earth's surface is covered in water, but only 0.01% of that water...


IN a sign of how property agencies are going all out to stimulate sales activity in the subdued Singapore residential market, HSR International Realtors has come up with...


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