Aspial Corporation cancels S$6.5m worth of repurchased notes

ASPIAL Corporation announced after trading hours on Tuesday that it intends to cancel S$6.5 million worth of 5.05 per cent notes due 2019 that it has repurchased in the open market.

Cache Logistics Trust's DPU down 12.8% in Q3

WAREHOUSE owner Cache Logistics Trust reported a distribution per unit (DPU) of 1.54 cents for the third quarter ended Sept 30, 2017, down 12.8 per cent from 1.77 cents a year ago.

Singapore eDevelopment issues, transfers shares in US subsidiaries

SINGAPORE eDevelopment Ltd made several announcements after trading hours on Tuesday regarding its subsidiaries. Its wholly-owned indirect subsidiary Global BioMedical Inc (GBMI) will allot and issue 10 ordinary shares at US$0.001 per ordinary share to Tang Peihong, an executive director of GBMI.

Crunching numbers

IF some of your favourite nibbles include seaweed snack Tao Kae Noi or rice biscuit Want Want, you have homegrown small and medium-sized enterprise San SeSan Global to thank (or blame, if your waistline has expanded after all that nibbling).

Inflation kept at bay in Sept

SINGAPORE'S headline inflation for the month of September stood at 0.4 per cent year on year, unchanged from the previous month...

CWG's subsidiary acquires second land parcel in Suzhou City

CWG International's subsidiary, Suzhou Chiway Jiazong Real Estate Co, successfully bid for the land use rights of a parcel located at Fumin Road in Suzhou City, People's Republic of China...

Singapore prices rose at same pace in September

ECONOMISTS say that headline inflation for the month of September is roughly in line with the consensus, even as core inflation edged up slightly higher.

Economists sound note of caution on flip side of the sharing economy

TECHNOLOGY has enabled platforms for people to share resources more effectively - be it cars, bicycles, or even homes - but there are also consequences that come with the rise of the sharing economy, said economists at the Singapore Economic Policy Forum 2017 on Friday morning at the Regent Hotel.

CEO of Ascendas Reit's manager resigns

ASCENDAS Funds Management (AFM), the manager of Ascendas Real Estate Investment Trust (Ascendas Reit), announced on Friday that Chia Nam Toon has resigned as CEO and as director of AFM and its related entities, for personal reasons.

Former Secura CEO Paul Lim appointed independent director of Advance SCT

PAUL Lim Choon Wui, former executive director and CEO of security solutions provider Secura Group Limited, has been appointed as independent director of Advance SCT with effect on Friday.

Key challenge to formulate inclusive economic policies: Iswaran

THE acceleration of global economic change opens up opportunities, but also cause dislocations to both firms and workers, said Minister for Trade and Industry (Industry) S Iswaran on Friday morning.

SMEs grapple with rising costs, stiff competition: survey

THE recent economic data in Singapore may paint a rosy picture, but a recent report found that small and medium-sized enterprises (SMEs) are not out of the woods yet.

S'pore Q3 GDP growth shoots past forecasts to hit 3-year high

SINGAPORE'S economy powered its way into its strongest gross domestic product (GDP) growth in more than three years for the third quarter of 2017, but economists expect growth to moderate as a result of a slowdown in manufacturing...

Quick takes: Singapore's Q3 GDP likely to be strongest this year; MAS neutral stance expected, but seen dovish

SINGAPORE'S economy grew by a better-than-expected 4.6 per cent compared to a year ago for the third quarter of 2017, based on advance estimates of gross domestic product (GDP) growth by the Ministry of Trade and Industry (MTI) on Friday morning...

Singapore economy grows 4.6% in Q3; beats expectations

SINGAPORE'S economy grew by 4.6 per cent compared to a year ago for the third quarter of 2017, based on advance estimates of gross domestic product (GDP) growth by the Ministry of Trade and Industry (MTI) on Friday morning...

Secura Group CEO resigns to 'pursue personal interests'

THE executive director and chief executive officer of security solutions provider Secura Group Limited has stepped down "to pursue his personal interests and to spend more time with his family", the company said in an announcement after trading hours on Tuesday. ...

Paul Lim steps down as CEO, executive director of Secura Group

PAUL Lim Choon Wui on Tuesday stepped down as executive director and chief executive officer (CEO) of Secura Group Limited.

Sunpower unit clinches 94.8 million yuan contract

JIANGSU Sunpower Pressure Vessels Equipment Manufacturing, a subsidiary of mainboard-listed Sunpower Group, announced on Tuesday that it has been awarded a contract worth 94.8 million yuan by Inner Mongolia Tongwei High-Purity Crystalline Silicon Co.

KOP, Sam Goi in share placement deal

REAL estate, hospitality and entertainment group KOP Limited entered into a placement agreement with businessman Sam Goi Seng Hui last Friday, where Mr Goi will subscribe for up to 221,592,443 new ordinary shares at a placement price of S$0.05 each which will raise up to S$11.08 million for KOP.

Mary Chia resigns as director; stock suspended until it meets public float

MARY Chia has resigned as director and non-executive chairman from the eponymous beauty and wellness company she founded with effect from Oct 7, after a general offer closed on Friday.

Malfunctioning water-pumping system the cause of train service disruption: LTA

A malfunctioning water-pumping system was the cause of a train-service disruption along the North-South line, said the Land Transport Authority (LTA) on Sunday.

TalkMed Group's subsidiary to form JV

STEM Med, a subsidiary of TalkMed Group, entered into a joint venture with A DrBrand (ADB) to form DrSG Cellular Wellness with an issued and paid-up capital of S$100 comprising 100 ordinary shares.

Founder Mary Chia resigns as director and non-exec chairman of firm

MARY Chia has resigned as director and non-executive chairman from the beauty and wellness company she has founded with effect from Oct 7, after a general offer closed on Friday.

Basic digital skills for S'poreans in a variety of sectors for just S$50

WITH a fee of just S$50, all Singaporeans and permanent residents can now learn basic digital skills through a two-day training programme to better prepare them for the future economy.
EMERGING ENTERPRISE AWARD 2017

Celebrating entrepreneurs who dare

IT was an evening to remember at last Friday's Emerging Enterprise Award 2017 (EE 2017) as the business community came together to recognise the achievements and potential of some of Singapore's brightest startups and young businesses...