Thursday, 24 July, 2014


Keppel named best governed, most transparent in GTI 2014

KEPPEL Corp has been named the best governed and most transparent company in the Governance & Transparency Index (GTI) 2014.



BT’s Daily 3 - Full Stories

[SINGAPORE] The government has cut its 2014 inflation forecast amid...
[SINGAPORE] PREMIUMS for certificates of entitlement (COE) rose...
[SINGAPORE] The issue of private pension plans for the Central...



THE victory of Joko "Jokowi" Widodo in the just-concluded presidential election in Indonesia offers the promise of constructive change in South-east Asia's largest country - although it is more likely to be incremental than radical, at least for now.


[SINGAPORE] The government has cut its 2014 inflation forecast amid lower car prices and housing costs expected for the second half of the year: it now sees headline inflation coming in at the lower half of its 1.5-2.5 per cent forecast range.



ALL three local banks, DBS Group Holdings, United Overseas Bank and OCBC Bank, are likely to increase their interim dividends, said Markit yesterday.


HAVING established its brand in areas including retail, education and eldercare, the National Trades Union Congress (NTUC) will enter the nursing home sector, with plans to open its first such facility in Jurong West next year.

Singapore Markets

ONWARDS and upwards. Shares in the local bourse rose again, this time with a spring in its step, aided by a positive lead in Wall Street, led by tame US inflation data which calmed nerves that rate hikes may be brought forward. The benchmark Straits Times Index jumped 23.8 points or 0.7 per cent to finish at 3,340.70, notching up another 52-week high; it was the seventh straight day of gains.


SELANGOR's RM7.65 billion (S$3 billion) plan to acquire and renationalise the state's water assets has been thrown into doubt amid growing pressure on Mentri Besar Khalid Ibrahim - from his own party, Parti Keadilan Rakyat (PKR) - to step down.


[JAKARTA] Indonesia's incoming president Joko "Jokowi" Widodo has said that he wants to sit down with mining companies and other parties in a bid to resolve a row over mining policies that has halted US$500 million of metal exports a month in South-east Asia's biggest economy.


[BEIJING] China may see more capital inflows for the rest of 2014 after experiencing some money flight in recent months, the country's foreign exchange regulator said yesterday, as the yuan recovers due to improved confidence in the economy.


[WASHINGTON] Fed chair Janet Yellen has a hot stock tip for you: stop throwing so much money at anything that calls itself a social network.


WHILE global efforts to combine two key accounting standards into a uniform set of rules have made headway in the past decade, the momentum has slowed considerably in recent years as the two sides fail to find common ground on a few contentious issues.

Transport Hub

PASSENGER traffic at Changi Airport has shrunk a tad - dipping 0.3 per cent year on year to 4.65 million in June - after decelerating growth in recent months.

Editorial & Opinion

ACCORDING to BP, in 2013 the United States consumed the equivalent of 18.9 million barrels of oil per day (bpd) - roughly 20 per cent of the global total. China's 10.7 million bpd consumption makes it the second largest single-nation user of oil, if you set aside the European Union.



THAI food is a little bit like its politics. You have a cacophony of different flavours - sweet, sour, salty, spicy - exploding in your mouth, each wanting to dominate the other until they realise that harmony and balance are the key to tasting really delicious.


FORGET the five-minute face. Recent research by US morning TV programme The Today Show and mass media corporation AOL found that the average woman spends 55 minutes on her appearance every day - or two weeks in a year.

Home & Garden

ANYONE would be excited about getting the keys to a new home and moving in, but British expatriate Millie Heath was more wary than anything else.



RECENT data from a number of research agencies show that cloud computing has become an integral part of the IT roadmap across almost all industry verticals. 

Executive Money

[NEW YORK] WHEN the stock market rose 30 per cent in 2013, plenty of fund managers had a triumphant year. Almost anyone can post good numbers in a bull market, though.


[NEW YORK] In the merry-go-round of redevelopment projects in New York - where office buildings turn into apartment houses, and factories into offices, and so on - a...

Raffles Conversation

CHALY Mah, chairman of the Singapore Land Authority, likes to tell this story about what used to happen whenever the land agency got calls from the public about fallen...

Views From the Top

Will the football World Cup ever see a "non-traditional" (ie non-European, non-Latin American) winner? What will it take for an Asian team to emerge world champions?


BT Magazine