Venture Corp's 9.84% share price surge prompts query from SGX

THE share price of contract manufacturer Venture Corporation surged on Wednesday to end the day's trading at S$16.75, up 9.84 per cent or S$1.50, prompting a query from the Singapore Exchange (SGX)...

Mapletree Logistics Trust launches equity fund raising to raise S$640m

MAPLETREE Logistics Trust (MLT) on Wednesday proposed an equity fund raising comprising an offering of new units to raise gross proceeds of S$640 million.

Ipco plunges into red in Q1

IPCO International Limited plunged into the red with a net loss of S$935,000 for its first quarter ended July 31, from a net profit of S$34,000 a year ago, due mostly to foreign exchange losses and changes in inventories of finished goods, work-in-progress and land held for sale.

Fire at Changi Airport's T2 put out

A "small fire" took place at the basement of Changi Airport Terminal 2 on Wednesday afternoon, according to a post on Changi Airport's Facebook page...

Vibrant Group's Q1 net profit jumps on the back of Blackgold acquisition

INTEGRATED logistics solutions provider Vibrant Group posted a net profit of S$122.56 million for its first quarter ended July 31, up significantly from S$1.84 million a year ago, due mostly to negative goodwill arising from the acquisition of Blackgold International Holdings Limited (BIHL).

Retail sales in July shows modest signs of recovery

RETAIL sales in July showed modest signs of recovery as it notched gains year on year (y-o-y), a continuation of the upward trend seen in June.

Singapore July retail sales up 1.8% y-o-y

RETAIL sales in July showed modest signs of recovery as it notched gains year on year (y-o-y), a continuation of the upward trend seen in June.

Q4 business sentiment dips but industry watchers remain upbeat

BUSINESS sentiment among local companies has eased for the fourth quarter of 2017, but still remains in positive territory, according to the latest Business Optimism Index study by the Singapore Commercial Credit Bureau (SCCB).

People's champion

IN MANY companies, human resources (HR) does not have a seat at the proverbial table where major decisions are made. In fact, it is often a department dismissed as the "hirers and firers" of the organisation, a cost centre that is out of touch with business needs. After 26 years in his...

Constructing a family business

Eldest daughter Julia may have taken on a leadership role in Prime Structures, but its founder and managing director Sonny Bensily says that it doesn’t mean only family members can run the company.

On the road

China's Belt and Road Initiative offers tremendous opportunities, even for Singapore SMEs that lack scale...

Moving towards groceries 2.0

As a startup in South-east Asia that solely focuses on the grocery sector while employing an asset-light model, HappyFresh partners with brick-and-mortar grocery retailers to offer an online shopping experience that leverages of their existing physical assets and distribution networks.

Reference checks: All that you need to know

A RECENT court case has cast a spotlight on the mysterious reference check that people are aware of but don't know much about...

Debunking the myth of being 'overqualified'

SELF-described "tea girl" Rebecca Chiu can often be seen behind a hawker stall preparing drinks, clearing clogged drains and - when the occasion calls for it - even catching cockroaches that wander in. ...

In the Asia-Pacific, talent shortages will bite hardest in S'pore

SINGAPORE is expected to be the hardest hit by talent shortages in the near future, relative to the rest of the Asia-Pacific region.

Noble responds to SGX queries on Q2 results

NOBLE Group provided a breakdown of various writedowns after trading hours on Friday, in response to queries by the Singapore Exchange (SGX) on its financial results for the second quarter ended June 30.

Enviro-Hub Holdings disposes 12% stake in Carros Project Management

ENVIRO-HUB Holdings announced on Friday that it has entered into two sale and purchase agreements with Chew Ghim Bok to dispose 2.4 per cent and 9.6 per cent, respectively, of its equity interest in Carros Project Management for an aggregate purchase consideration of S$24 million.

Keppel Reit begins construction of office tower in Melbourne

KEPPEL Reit announced on Friday that it has commenced construction of its newly acquired premium office tower in Melbourne, Australia.

Singapore's gender wage gap shows little sign of narrowing

THE gender wage gap just refuses to go away in Singapore.

Genting HK plunges deeper into the red for H1

GENTING Hong Kong plunged further into the red with a net loss of US$203.2 million for the six months ended June 30, deepening from a loss of US$54.6 million for the same period a year ago.

Nordic Group appoints new CFO

NORDIC Group appointed Chia Meng Ru as its new chief financial officer (CFO), in an announcement after trading hours on Thursday.

Yoma Strategic updates on spin-off of tourism-related businesses

YOMA Strategic Holdings provided an update on the proposed spin-off of the group's tourism-related businesses on the Catalist after trading hours on Thursday...

Sembcorp increases stake in India renewable energy business to 72%

SEMBCORP Utilities, a wholly owned subsidiary of Sembcorp Industries, announced on Thursday that it is increasing its stake in its India renewable energy business Sembcorp Green Infra, to 72 per cent for one billion rupees (approximately S$21.4 million).

Shares in Sino Grandness dive, sparking SGX query

THE share price of Sino Grandness Food Industry Group plunged as much as 24 per cent on Wednesday, prompting a query from the Singapore Exchange (SGX) on the unusual price movement.

Wong Fong takes 60% stake in hospitality consultancy and training group for S$4m

ENGINEERING solutions group Wong Fong Industries announced on Wednesday, after trading hours, that it has signed a sale and purchase agreement to acquire a 60 per cent stake in a hospitality consultancy and training group Ascendo International Holdings for S$4 million.