[SINGAPORE] A number of fund management firms are taking a hard look at their unit trusts, and culling or restructuring the smaller funds that may not be viable.
Companies
FOLLOWING three years of strong growth, Bank of Singapore (BOS) spent 2013 spring cleaning and upgrading its back-office operations - but, growth is now back in focus, says chief executive Renato de Guzman.
Singapore
3M, best known for creating Scotch Tape and Post-it Notes, has invested US$15 million in one of its facilities here.
Singapore Markets
THROUGHOUT last week's Ukrainian standoff, which some observers described as being the most tense since the 1962 Cuban missile crisis, one thing stood out - Wall Street seemed more preoccupied with its own agenda, such as Friday's jobs report and the consequences this would have for monetary stimulus tapering, than any threatened Russian military expansion that might end in war.
Malaysia
[KUALA LUMPUR] The boom times enjoyed by a number of oil and gas (O&G) support service providers in Malaysia may be coming to an end following a warning by their biggest customer, Petroliam Nasional Bhd (Petronas), that bidding will be more competitive in the future.
Indonesia
[JAKARTA] Indonesia should keep more resources such as natural gas at home to bolster its domestic industries, according to Aburizal Bakrie, who rates himself the favourite to win a presidential election to be held in July.
China
[BEIJING] China's consumer prices rose at their slowest rate in 13 months in February as pork prices fell by their most in over a year, a sign that slowing growth rather than rising prices poses a bigger risk to the world's second-biggest economy.
India
[NEW DELHI] The pioneer of political opinion polls in India says he has good reason not to trust them: he has been asked to rig them on more than 10 occasions over the past two decades in return for envelopes of cash.
World
[TORONTO] BlackBerry CEO John Chen has surprised sceptics and pleased investors by cutting costs and fuelling a 56 per cent surge in the smartphone maker's stock.
Transport Hub
[ATHENS] Hellenic Seaplanes, a new airline set to start flying tourists between Greek islands this summer, forecasts that sea-based commercial carriers could generate one billion euros (S$1.75 billion) in annual revenue as European travellers return to a country emerging from recession.
Dining
LIKE the giant Merlion, Quayside Isle in Sentosa Cove has that aura of artifice about it that makes it difficult to see it as a serious dining destination. Pretty little eateries, all in a row, in a picturesque marina setting that look good on the resume of a hipster foodie or the post-its on the fridges of well-heeled residents.
Home & Garden
SAY Tupperware, and the super handy, plastic storage boxes come to mind. But the American brand has been producing a lot more than that to keep up with the needs of a modern kitchen.
Wellness
TO understand thatthe foot has 33 joints to enable it to adapt to any kind of terrain and not just flat ground, is to realise that perhaps it shouldn't be bound in a stiff shoe.
BizIT
COMPANIES still haven't figured out how to enable effective social collaboration within the enterprise, says Mike Walsh, who runs a consultancy firm called Tomorrow.
Young Investor
IT is fitting to have a Ben Graham quote open this discussion because I owe so much of what I know about investing to him.
Executive Money
LOW interest rates have incited a craze for risky bonds in fast-growing economies, and few fund companies have been more adept in meeting this demand than Pimco, the...
Property
CLOSE to 40 per cent of the 52 units at upmarket freehold condominium Cluny Park Residence have received purchase commitments ahead of its official launch tomorrow.
Raffles Conversation
MOLECULAR genetics pioneer Sydney Brenner is arguably the foreigner most feted by Singapore. Apart from his string of awards elsewhere, the 2002 Nobel Laureate has won...
Views From the Top
Would higher CPF contribution rates help or hurt older workers? Overall, is it timely to review the CPF scheme; what changes, if any, should be made?
