Friday, 25 July, 2014

 

Economy set for 2-4% growth this year: MAS

[SINGAPORE] The Republic's economy is on track to grow 2-4 per cent this year while inflation will narrow to 1.5-2 per cent from the earlier forecast of 1.5-2.5 per cent, the Monetary Authority of Singapore (MAS) said yesterday.



 

 

BT’s Daily 3 - Full Stories

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[SINGAPORE] The Republic's economy is on track to grow 2-4 per cent...
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[SINGAPORE] Keppel Corp has been named the best governed and most...
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[SINGAPORE] The Monetary Authority of Singapore said it is too early...

EDITORIAL & OPINION

Editorial

THE unexpected fall in Singapore's June inflation rate to below 2 per cent may be cause for some cheer, given the dismal output and trade figures of late. But Singaporeans should not grow complacent about price pressures.

 
 
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[SINGAPORE] The Republic's economy is on track to grow 2-4 per cent this year while inflation will narrow to 1.5-2 per cent from the earlier forecast of 1.5-2.5 per cent, the Monetary Authority of Singapore (MAS) said yesterday.

 

Companies

ANCHORED by its offshore & marine (O&M) segment, Keppel Group achieved a 17.1 per cent jump in second-quarter net profit to S$406 million, from S$347 million a year ago.

Singapore

SINGAPORE'S billionaires' club has 26 members this year, up from 21 a year ago, going by the latest Forbes Singapore rich list.

Singapore Markets

THE Straits Times Index (STI) defied gravity for the eighth day in a row yesterday, whacking out a 13.19-point increase to finish 0.39 per cent higher at 3,353.89 - yet another 52-week high.

Malaysia

THE shares of Berjaya Food Bhd (BFood) soared 30 per cent to RM2.34 yesterday when it unveiled its plan to become the sole owner of the lucrative Starbucks franchise in Malaysia. It will do this by buying over the remaining 50 per cent equity in Berjaya Starbucks Coffee Co Sdn Bhd (BStarbucks).

China

[SINGAPORE] One of the biggest infocomm stories over the next 10 years will be China's digital transformation and its impact on productivity and growth. This will have a profound impact on the global economy.

World

THE International Monetary Fund (IMF) yesterday revised down its forecast for world economic growth this year to 3.4 per cent, from the 3.7 per cent projected three months earlier.

Focus

GOOD corporate governance is essential to Singapore's position as a business hub, and the revised Code of Corporate Governance 2012 is part of the regulators' and business community's efforts to enhance the governance framework.

Transport Hub

[WASHINGTON] US regulators lifted an almost two-day ban on domestic carriers' flights to Israel's busiest airport prompted by concerns over rockets fired by Palestinian militants.

Editorial & Opinion

THIS is the "silly season" so far as news is concerned when governments and businesses tend to enter a kind of holiday limbo and when small things get played up by media outlets anxious to maintain a "news" flow. 

 

Cinema

SINGAPORE might not have a Harry Potter or Twilight in the making yet but the gap between the local literary and film scene is closing with the return of Utter, the annual Singapore Writers Festival initiative where homegrown literature is brought to life through other art mediums like theatre or film.

Entertainment

REMEMBER the Eighties - when it was okay to wear denim elsewhere on your body besides your legs; rock stars had bigger hairdos than their groupies; and push-ups were women's underwear and not a new IPPT station?

Arts

REGARDLESS of whether you are a film or design buff, do keep yourself available in early September, as A Design Film Festival (DFF) makes a return.

 
 

BizIT

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.

Property

[CARACAS] An abandoned Caracas skyscraper dubbed the world's tallest shanty-town after a squatters' takeover could be demolished once its inhabitants are out, Venezuela'...

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