Amro agrees with IMF, ESM to enhance collaboration

THE Asean+3 Macroeconomic Research Office (Amro) has signed agreements to improve collaboration with the International Monetary Fund (IMF) and the European Stability Mechanism (ESM).

Narrowed skills gap eases Singapore's labour market pressure: Hays

LABOUR market pressure in Singapore has eased over the past year thanks to a narrower skills gap, according to a global skills survey by recruitment firm Hays.

Asean to sign cross-border bus pact, further integrate transport markets: Teo Chee Hean

SOUTH-EAST Asian nations will sign a pact on cross-border bus services and take further steps to integrate the regional air and shipping markets over the next few days, Deputy Prime Minister Teo Chee Hean said on Thursday at the opening of the 23rd Asean Transport Ministers meeting in Singapore.

Veteran corporate banker Eddy Henning joins ING Bank

ING Bank announced on Wednesday its appointment of veteran corporate banker, Eddy Henning, as head of Corporate Client Coverage, Transaction Services and Corporate Finance Asia, effective Jan 1, 2018.

Logistics startup Lalamove raises US$100m for growth

HONG KONG-BASED logistics startup Lalamove, which has a presence in Singapore, has raised US$100 million in its latest round of funding.

Singapore Sept non-landed private home rents dip 0.1%; HDB rents fall 0.9%: SRX

RENTS for Singapore's non-landed private homes fell 0.1 per cent in September compared to a month ago, according to flash estimates released by SRX Property on Wednesday. ...

Spackman spends S$7.6m in cash and shares to acquire studio, raise talent agency stake

SINGAPORE-LISTED South Korea-based entertainment company Spackman Entertainment Group is acquiring Korean film production company Studio Take for S$3.9 million in cash and stock.

SMU, Spring, EDB launch retail industry development centre

SINGAPORE Management University (SMU), Spring Singapore and the Economic Development Board (EDB) have jointly launched the Retail Centre of Excellence (RCoE) to offer research and insight into Singapore's retail industry...

ICT solutions provider Adventus names RHT Capital as Catalist sponsor

INFORMATION and Communications Technology (ICT) solutions provider, Adventus Holdings, has appointed RHT Capital Private Limited (RHT Capital) as its new sponsor, the company said in a Singapore Exchange filing on Tuesday.

Aon developing Singapore innovation centre; to raise headcount by 40%

THE Aon Centre for Innovation and Analytics (ACIA) plans to increase its headcount by 40 per cent over the next five years, as it develops its premises in Singapore's business district...

Diamond bullion to be listed in Singapore

THEY say diamonds are a girl's best friend, well these friends may soon be traded...

City Developments may make general offer for Millennium & Copthorne

PROPERTY developer City Developments Limited (CDL) has negotiated a price with its London-listed hotel arm, Millennium & Copthorne (M&C), for a possible general offer (see amendment note) that would price the unit at about £1.8 billion (S$3.2 billion).

City Developments halts trading pending announcement

PROPERTY developer City Developments Limited (CDL) has halted trading of its shares pending an announcement.

Brokers' take: Analysts issue 'buy' on SembMarine; DBS cites rig market recovery

A LANDMARK US$1.3 billion deal between Sembcorp Marine (SembMarine) and Norwegian Borr Drilling is likely to drive SembMarine's share price up, analysts from several research houses said. ...

Credit management services provider AsiaCollect raises US$1m from Dymon Asia

CREDIT management services (CMS) provider, AsiaCollect, has raised US$1 million from Dymon Asia Ventures via a Pre-Series A equity funding round, the firm said on Monday.

Singapore shares open up on Monday

SINGAPORE stocks opened higher on Monday, with the Straits Times Index rising 0.2 per cent or 7.94 points to 3,299.23 as at 9.03am.

SembMarine to proceed with US$1.3 billion sale of rigs to Borr Drilling

SEMBCORP Marine (SembMarine) will proceed with a US$1.3 billion sale of nine jackup drilling rigs to Borr Drilling after the conditions for the contract were met.

Global Logistic gets SGX nod, aims to be delisted by April 14, 2018

GLOBAL Logistic Properties (GLP) and its offeror are aiming to take the company private by April 14, 2018 after receiving in-principle approval from the Singapore Exchange (SGX), the group announced on Monday morning.

Over 250 Singapore firms adopt new tripartite standard on flexible work arrangements

MORE than 250 companies, including employers in the public service, have signed up to a new standard on flexible work arrangements (FWAs) as early adopters, the Ministry of Manpower (MOM) said on Friday.

Singapore Q3 advance GDP estimates out on Oct 13: MTI

THE Ministry of Trade and Industry (MTI) will release third quarter advance GDP estimates at 8am on Oct 13, the ministry said on Friday.

Broker's take: UOB Kay Hian keeps 'buy' on OCBC ahead of results

UOB Kay Hian maintained its "buy" call on OCBC Bank on Friday, as it foresees higher loan growth and net profit when the lender announces its third-quarter results on Oct 26...

DMX sues ex-auditor Deloitte over accounting irregularities

IT solutions provider DMX Technologies is suing former auditor Deloitte & Touche LLP in the High Court over accounting irregularities discovered in 2015, the company announced on Friday before the market opened.

China Taisan responds to SGX queries on its assets valuation, valuers certification

IN a Singapore Exchange (SGX) filing on Friday, China Taisan Technology Group Holdings responded to the bourse's queries regarding the valuation of its assets and the certification of its valuers. ...

SkillsFuture for Digital Workplace launched to prepare Singaporeans for digital economy

THE SkillsFuture for Digital Workplace was launched on Thursday by Minister for Education (Higher Education and Skills) Ong Ye Kung.

Broker's take: CIMB maintains 'add' on CDL following Amber Park sale

CIMB is maintaining its call for investors to add more City Developments Limited (CDL) shares, following the developer's successful bid for Amber Park with a record price tag of S$906.7 million. ...