Wednesday, 23 April, 2014





PRIVATE giving to higher education helps finance a university's operating budget and reduce future costs for the government and taxpayers.

BT’s Daily 3 - Full Stories

[SINGAPORE] The most expensive bespoke Rolls- Royce in the world, a...
[SINGAPORE] Small and medium-sized enterprises (SMEs) in industries...
[SINGAPORE] More competition might loom in the mobile space as the...

[SINGAPORE] Private home purchases fell across the board in the first three months of this year to just over 2,000 units - the first time in more than five years that the number has dropped below 3,000 homes. However, foreigners' share of transactions edged up because of a sharper pullback by Singaporean buyers.



THE mining company recently spurned by JES International has a new suitor in Manhattan Resources, but it will not fetch as high a bride price if the deal is consummated. "We just hope that with this new episode, it will erase all the worry about the quality of our mine," Mineriver chief executive Ho Sing Ming told The Business Times.


RETAILERS now have a wider range of technology to boost productivity and gain consumer insights with SingTel launching its Video-Analytics-as-a-Service (VAaaS) yesterday - a subscription service that uses analytics to extract information from video images.

Singapore Markets

IT wasn't the Jardine group that played the biggest role in propelling the Straits Times Index up 21.7 points to 3,277.53 yesterday, but the three banks and property stocks.


SELANGOR will continue rationing water as its main dam, which supplies 60 per cent of the state's needs, can supply water only for another 29 days if its level does not rise in the coming weeks, Menteri Besar Khalid Ibrahim cautioned yesterday.


[JAKARTA] Indonesian anti-corruption officials have named the former audit agency chief a suspect in a US$32-million graft case, the latest high-profile scandal to hit the country's public sector.


[BEIJING] Far from the spotlight, in secretive high-level meetings and company boardrooms, Beijing is drawing up one of the country's thorniest reforms: an overhaul of China's hugely inefficient state-owned industry.


[MUMBAI] India's top court has allowed iron ore miners to resume operations in Goa state after imposing a ban 18 months ago for environmental violations. Goa accounted for about half of the country's exports before the halt.


[TOKYO] Japan overhauled the world's biggest public pension fund yesterday, appointing new committee members, in a push towards Prime Minister Shinzo Abe's goal of a more aggressive investment strategy.

Transport Hub

THE sinking of the South Korean ferry Sewol and consequent loss of some 300 lives - the majority of them school children - is at the moment as baffling as it is horrifying.

Editorial & Opinion

PRIVATE giving to higher education helps finance a university's operating budget and reduce future costs for the government and taxpayers.



IT can't be easy opening a new European restaurant in Singapore. With every other chef opening a French, Italian or Spanish place, what can you do that hasn't already been done before?


HAVING heard how difficult it is to pair chocolates with wine, oenologist John Wade signed up for a short course, and within six months, exchanged his 40-year wine-making career for a new one in chocolate.


"Sporty performance" is not a label often used for a model in the Mercedes-Benz range of family sedans. But when it comes to the new C400 4Matic, it seems totally appropriate. The Mercedes-Benz C400 4Matic compact saloon is a high-end variant of the new C-Class line-up that will arrive here later this year.



WHILE the Heartbleed bug is very much in the news due to its sheer scale, it is by no means the only threat or the most dangerous one out on the Internet. A new report...

Young Investor

IT'S hard to find a place today where concepts of behavioural finance aren't being applied to real-world situations. From London to Washington to Sydney, governments are...

Executive Money

INDIA's equity and currency markets appear optimistic about the country's election outcome and, therefore, about policy action and growth implications in the coming 12...


[BEIJING] A unit of one of China's biggest bad-debt banks plans to woo foreign investors with a US$1 billion fund for soured property loans and distressed real estate...

Raffles Conversation

THERE'S no other way to spin it - as the chief executive of communications firm Porter Novelli, Karen van Bergen is one of the few women who has made it to the top of...

Views From the Top

What five items would you pick for the Jubilee Baby Gift pack for Singaporean children born in 2015, and why?



Are you comfortable with higher taxes to pay for healthcare, housing and infrastructure initiatives?

Observers say taxes may be raised in the next couple of years - with more falling on the wealthier - to ensure that the long-term healthcare, housing and infrastructure initiatives announced by Prime Minister Lee Hsien Loong in his National Day Rally can be paid for.