Singapore accountants 'unprepared for the future'

ACCOUNTING and finance professionals in Singapore are far from ready for the challenges of the future, and the supporting infrastructure is just as ill-prepared, say the findings of a new study.

Foreign firms allowed to re-domicile to Singapore from Oct 11

FOREIGN companies can now transfer their registration from their original jurisdiction to Singapore.

SPH revamps for better footing in digital information age

MEDIA giant Singapore Press Holdings (SPH) will take a sharp cut in the cost base of its core media business, as it looks to re-position itself quickly and efficiently to meet the demands of the new digital information age.

New regime allows foreign companies to re-domicile to Singapore

FOREIGN companies will be allowed to transfer their registration from their home jurisdiction to Singapore, under the new inward re-domiciliation regime, starting Wednesday.

Singapore finance professionals not equipped for the future: poll

EIGHT in 10 Singapore-based finance leaders are not equipped with the skills to meet the requirements of their jobs in the next decade, while six in 10 say the current curriculum offered by education and professional bodies is inadequate to help them develop future-ready skills.

Far East inks deal to buy S$22.5m property at Ubi Avenue 3

FAR East Group has inked a deal to purchase a property along Ubi Avenue 3 for S$22.5 million, following a memorandum of understanding signed previously.

Soilbuild gets S$50m contract for Kallang factory project

PROPERTY group Soilbuild Construction Group announced on Wednesday that it has been awarded a S$50 million contract by SB (Waterfront) Investment.

Ezion calls meeting for holders of its Series 9 notes

LIFTBOAT operator Ezion Holdings is convening a second informal meeting on Oct 19 at 4pm for holders of its S$120 million Series 009 notes.

Acra to get regulatory teeth to raise audit quality

SINGAPORE'S public accounting firms, such as those providing auditing services, could soon face the prospect of being sanctioned for lapses in audit quality...

'Ear, 'ear for enhanced auditor reports

THE Enhanced Auditor Reporting (EAR) requirement is less than a year into implementation, and already, it has yielded substantial benefits, a study has found.
CULT STATUS

Extending your childhood - one brick at a time

ANYONE who knows me well enough knows that I love Lego. Like Ed Sheeran, adulthood has not only not stopped me from building these sets, I feel it has bestowed on me the licence - and the purchasing power - to assemble grander and grander ones.

MIT expands strategy to include data centres outside Singapore

SINGAPORE-focused real estate investment trust, Mapletree Industrial Trust (MIT), will be expanding its remit to include data centres beyond Singapore's shores...

MIT expands investment strategy to include assets used as data centres

MAPLETREE Industrial Trust's (MIT) investment strategy will be expanded to include real estate and real estate-related assets used primarily as data centres worldwide, beyond Singapore's shores...

Poor showing by Singapore firms on WWF's palm-oil scorecard

A GREATER proportion of Singapore brands than the global average source and use unsustainable palm oil - practices that are at the root of environmental issues such as the haze and deforestation, says the World Wide Fund for Nature (WWF).

Quarterly reporting: the debate rages on

WITH a formal review of quarterly reporting in Singapore looming on the horizon, much of the investing community's attention of late has been focused on arguments for and against keeping this practice mandatory...

Ageing populations pose challenges but present business opportunities for Asia: Deloitte

AN AGEING population may be a concern and a challenge for many nations, but global professional services firm Deloitte says ageing populations will also generate a growth cluster of new business opportunities for this region - and Singapore, in particular.

Keppel Land buying prime site in Jakarta CBD for 586b rupiah

KEPPEL Land is buying a prime spot in Jakarta's central business district, on which it intends to build a luxury apartment tower...

Keppel Land buys prime site in Jakarta's CBD to build luxury apartment tower

PROPERTY player Keppel Land has bought a prime site in Jakarta's central business district, on which it intends to build a luxury apartment tower...

Listing aspirant placed under JM amid controversial claims

In court documents filed as part of the judicial management application, the company once known as Tian Jian Hua Xia Medical Group Holdings - which owns and operates hospitals in China - is accused of refusing to cooperate with interim judicial managers appointed in July.

Triyards sounds warning on going-concern status, cites loan repayment issues

THE woes of the marine, shipping and oil & gas (O&G) industries continue to take their toll on industry players, with Triyards Holdings being the latest to fire yet another warning beacon about its future.

Mercator Lines to be wound up

MERCATOR Lines, which is under judicial management, says its judicial manager (JM) has filed an application to wind up the company.

Triyards flags potential threat to going concern

TRIYARDS Holdings on Wednesday afternoon asked for the trading halt on its shares to be converted to a trading suspension, following the group's announcement that it might have a going concern issue...

SGX rejects Jaya's pre-clearance plans for reverse-takeover deal

THE Singapore Exchange (SGX) has slammed the door - for now - on a potential backdoor listing for Papua New Guinea finance firm Heduru Moni through a reverse takeover (RTO) deal with shell company Jaya Holdings.

TTJ unit and BCA end deal on workers' dormitory

STRUCTURAL steel fabricators TTJ Holdings says its wholly owned subsidiary, TTJ Design and Engineering Pte Ltd, and Singapore's Building and Construction Authority (BCA) have agreed to terminate a deal made earlier for TTJ Design to manage and operate a foreign construction workers'...

Oxley unit exercises options for Yio Chu Kang property

HOMEGROWN property developer Oxley Holdings said on Wednesday that its wholly-owned subsidiary, Oxley Garnet Pte Ltd, has exercised its options to purchase six units at 208 Yio Chu Kang Road.