Ex-SPH deputy CEO Patrick Daniel joins SembMarine board as independent director

SEMBCORP Marine (SembMarine) on Friday announced the appointment of Patrick Daniel as an additional director on the company's board with effect from April 20...

SIA, SilkAir to codeshare with Fiji Airways

SINGAPORE Airlines (SIA), its wholly-owned subsidiary SilkAir and Fiji Airways have signed a codeshare agreement that will provide more convenient connections for passengers travelling to Fiji from 10 destinations in Asia and Europe through Singapore, the airlines announced jointly on Tuesday.

Register of unclaimed insurance proceeds now covers wider range of payouts: LIA

THE Life Insurance Association of Singapore (LIA) has enhanced its register of unclaimed life insurance proceeds to include individual accident & health (A&H) policies, as well as other types of payouts.

Register of unclaimed insurance proceeds now covers wider range of payouts: LIA

THE Life Insurance Association of Singapore (LIA) has enhanced its register of unclaimed life insurance proceeds to include individual accident & health (A&H) policies, as well as other types of payouts.

HDB resale prices drop 0.8% in Q1

PRICES of resale government flats have dropped for six consecutive quarters, according to flash estimates from the Housing and Development Board (HDB) on Monday.

Chancery Court at Dunearn Road up for en bloc sale at S$390m

CHANCERY Court at Dunearn Road has launched its collective sale by tender with an asking price of S$390 million. If it succeeds, it will leave just five of Singapore's 18 former HUDC estates still around...

HDB resale prices drop 0.8% in Q1 after 0.2% decline in previous quarter: Flash estimates

Prices of resale government flats have dropped for six consecutive quarters, according to flash estimates from the Housing and Development Board (HDB) on Monday.

Growth in bank lending eases to 3.7% y-o-y in February

BANK lending in Singapore expanded by 3.7 per cent in February from a year ago, the slowest pace since January last year and weaker than the 5.4 per cent year-on-year growth in the previous month.

Sembcorp CEOs and senior executives take voluntary pay cut

THE senior management of Sembcorp Marine and Sembcorp Industries took voluntary pay cuts of between 10 and 15 per cent in 2017, annual reports showed on Thursday.

Sembcorp Industries' CEO, senior management take voluntary 10-15% pay cut

SEMBCORP Industries' chief executive Neil McGregor and top management are voluntarily taking a pay cut of 15 per cent and 10 per cent respectively, the company revealed on Thursday in its latest annual report...

Singapore bank lending inches up in February

BANK lending in Singapore rose slightly in February from the previous month, reversing January's dip, according to preliminary data from the Monetary Authority of Singapore on Thursday...

Alliance Mineral secures A$13m loan facility to fund development of Bald Hill mine

ALLIANCE Mineral Assets Limited on Thursday morning announced has secured up to A$13 million (S$13.06 million) of debt funding from a consortium led by cornerstone investor, Australian investment fund Tribeca.

Singapore prime office rents up 3% in Q1; demand to stay strong: JLL

PRIME office rents in Singapore climbed for a fourth consecutive quarter, rising 3 per cent in the first quarter of this year from the previous three months as leasing stayed active, said JLL in a report on Wednesday.

Singapore prime office rents rose 3% in Q1, could hit last high in next 12 months: JLL

PRIME offce rents in Singapore climbed for a fourth consecutive quarter, rising three per cent in the first quarter of this year from the previous three months as leasing stayed active, said JLL in a report on Wednesday.

DBS brings back Hack2Hire to recruit 100 techies

DBS is bringing back Hack2Hire, with the aim of enlisting up to 100 of the "brightest tech sparks" - double the number of hires its recruitment hackathon programme produced last year...

DBS looking to hire 100 techies, again via hackathon

DBS is bringing back Hack2Hire, with the aim of recruiting up to 100 of the "brightest tech sparks" - double the number of hires the hackathon programme produced last year...

Buyout offer for LTC Corporation extended to April 9

THE closing date for the voluntary conditional cash offer for LTC Corporation has been extended from March 26 to 5.30pm on April 9.

Grab buys Uber's South-east Asia business; Uber gets 27.5% stake in Grab

SINGAPORE-BASED Grab on Monday announced that it has acquired Uber's South-east Asia operations for an undisclosed sum - putting an end to months of speculation about the merger between the two ridehailing giants. ...

Grab buys Uber's South-east Asia business; Uber gets 27.5% stake in Grab

SINGAPORE-BASED Grab on Monday announced that it has acquired Uber's South-east Asia operations for an undisclosed sum - putting an end to months of speculation about the merger between the two ridehailing giants. ...

Annica to acquire stake in new owner of waste tyre pyrolysis plant in Malaysia

CATALIST-LISTED Annica Holdings on Monday morning said it has entered into a non-binding memorandum of understanding (MOU) to acquire an approximately 25.79 per cent interest in Green Pluslink Sdn Bhd (GPL), which is the new owner of a waste tyre pyrolysis plant located at Tanjong Malim, Perak,...

BP Singapore to sponsor NTU's international trading programme

BP Singapore on Wednesday inked a four-year agreement with Nanyang Technological University (NTU) to sponsor its International Trading Programme (ITP) that trains undergraduates for careers in the commodity trading sector.

MAS fines StanChart Singapore, StanChart Trust S$6.4m in total for breaches

THE Monetary Authority of Singapore (MAS) on Monday announced it has imposed penalties of S$5.2 million on Standard Chartered Bank, Singapore Branch (SCBS) and S$1.2 million on Standard Chartered Trust (Singapore) Limited (SCTS) for breaches of its anti-money laundering and countering of financing...

Top Glove gets shareholder nod for RM1.37b Aspion acquisition

SHAREHOLDERS of Top Glove Corporation Bhd have given unanimous consent to its proposed acquisition of Aspion Sdn Bhd at an extraordinary general meeting held on Thursday morning.

Temasek and GIC in talks to buy chunk of internet star Salt Bae's steakhouse: FT

SINGAPORE'S Temasek Holdings and GIC are said to be close to buying a minority stake in a group of high-end restaurants including the Nusr-Et Steakhouse, known for the social media phenomenon Salt Bae, the Turkish chef. ...

Temasek unit pares stakes in S Korean pharma firms for as much as S$1.36b

TEMASEK Holdings' unit Ion Investments on Wednesday said it is paring its stakes in two South Korean pharmaceutical companies but will remain a substantial shareholder in both...