Swiss Re opens Asia HQ in Singapore; GIC adviser Lim Siong Guan chairs new regional board

INSURANCE group Swiss Re announced on Wednesday the launch of its regional headquarters in Singapore, as well as the appointment of a new regional board of directors.

Atlantic Navigation in talks to sell stake to UAE firm

OFFSHORE supply operations firm Atlantic Navigation announced before market hours on Wednesday that the company and its major shareholder are in talks with Gulf Navigation Holding (GulfNav), a maritime and shipping company headquartered in Dubai, for a potential sale of a substantial equity stake...

GIC joins Blackstone consortium buying stake in Thomson Reuters' financial, risk business

SINGAPORE sovereign wealth fund GIC has joined a Blackstone-led consortium that has taken a majority stake in the Financial and Risk (F&R) business of news group Thomson Reuters.

New programme for SMU undergrads to shadow SME owners

A NEW initiative to help small and medium-sized enterprises (SMEs) secure promising, young talent and ease the skilled manpower shortage was announced on Tuesday.

UOB to help SMEs secure talent through understudy programme for SMU undergrads

UNITED Overseas Bank (UOB) announced on Tuesday a new initiative to help Singapore's small businesses secure promising young talent...

JTC launches sale of two industrial sites in Tuas

JTC has launched one confirmed list site at Tuas South Link 3 and one reserve list site at Tuas Bay Close under the first half 2018 Industrial Government Land Sales (IGLS) Programme.

Broker's take: DBS has 'buy' call on ESR-Reit on proposed merger

DBS Group Research has put out a "buy" call for ESR-Reit, saying that the proposed merger of ESR-Reit and Viva Industrial Trust (VIT) could bring benefits to both sets of unitholders as the combined entity would potentially become the fourth largest industrial Reit in Singapore...

Broker's take: UOB Kay Hian upgrades SIA Engineering to 'buy'

UOB Kay Hian has upgraded its call on SIA Engineering to "buy", saying that its engine maintenance, repair and overhaul (MRO) earnings could be lifted due to an expected surge in engine shop visits in 2018...

Singapore shares open lower on Tuesday; STI down 0.4%

SINGAPORE share prices opened lower on Tuesday with the Straits Times Index down 13.13 points to 3,563.94 as at 9am, as Wall Street saw a retreat from records seen at the end of last week.

Stocks to watch: Noble Group, Starhill Global Reit, ESR-Reit, Viva Industrial Trust, SIA , Procurri

THE following companies saw new developments which may affect trading of their shares on Tuesday:

Global green bond issuance expected to spike by 30% in 2018: S&P Global Ratings

GLOBAL green bond issuance is expected to shoot up by 30 per cent in 2018, bolstered by strengthening fundamentals, according to a report by S&P Global Ratings on Tuesday.

Ascott wins deals to manage 4 properties totalling 1,200 units

THE Ascott has clinched contracts to manage four properties totalling 1,200 units - in Malacca in Malaysia, Davao in the Philippines, Guangzhou in China and Cebu in the Philippines.

Condo price increase eases to 0.6% in Dec: NUS index

PRICES of completed private apartments and condos in Singapore rose 0.6 per cent in December compared to the previous month.

Singapore R&D tax perks could be among world's weakest when PIC expires: KPMG

MORE targeted measures are needed for companies to drive innovation, with the expiry of the Productivity and Innovation Credit (PIC) scheme this year, said small and medium-sized enterprises (SMEs) and observers.

Restructuring: SMEs urged to seize the day while the going is good

PROSPECTS may be looking up, but SMEs need to push ahead with their restructuring efforts to be future-ready, instead of taking this opportunity to take their foot off the accelerator.

Completed condo prices 0.6% higher in December than November: NUS index

PRICES of completed private apartments and condos in Singapore rose 0.6 per cent in December compared to the previous month.

Only 14% of SMEs intend to internationalise: survey

ONLY 14 per cent of small and medium-sized enterprises here intend to expand ovearseas while almost half had no interest in taking their business beyond Singapore in the near future, a survey found.

SIA launches digital innovation blueprint, partners key agencies

SINGAPORE Airlines (SIA) launched its Digital Innovation Blueprint on Monday, with the unveiling of key bilateral partnerships with the Agency for Science, Technology and Research (A*Star), Civil Aviation Authority of Singapore (CAAS), Economic Development Board (EDB) and National University of...

Broker's take: Maybank Kim Eng keeps 'buy' on Viva Industrial Trust

MAYBANK Kim Eng Research kept its "buy" call on Viva Industrial Trust (VIT), saying that its positive rental reversions at its well-located business park properties are expected to gain momentum, even as investors await details of possible merger talks given its share suspension on Jan 26...

Singapore stocks open higher on Monday; STI up 0.4%

SINGAPORE share prices opened higher on Monday with the Straits Times Index up 13.51 points to 3,580.65 as at 9.01am.

Stocks to watch: Noble Group, Ying Li, ESR-Reit, Viva Industrial Trust, Pacific Radiance

THE following companies saw new developments which may affect trading of their shares on Monday:

Ascott bags deals to run 4 properties in Malaysia, the Philippines and China

THE Ascott clinched contracts to manage four properties with 1,200 units in new cities Malacca in Malaysia and Davao in the Philippines, while deepening its presence in Guangzhou in China and Cebu in the Philippines.

Factory output growth hits seven-year high in 2017; economists see moderation this year

MANUFACTURERS can pat themselves on the back for their stellar performance in 2017, when output grew at its strongest pace since 2010.

New year, new boss? No sweat

WE have all been there before. A new boss - be it your department head, direct supervisor or chief executive - arrives, and suddenly, everything is up in the air.

Factory output up 10.1% in 2017, fastest pace in seven years

MANUFACTURERS had a stellar run in 2017 with output expanding at its fastest rate since 2010, even as December's lower-than-expected industrial production figures ended the year on a more somber note. ...