Analysts see a case for wealth tax, but dent to hub status a concern

TAXES on privately held wealth could help address issues of widening inequality and contribute a significant sum to government coffers, but Singapore's reputation as a global wealth management hub might take a hit...

Wealth managers to be prepped for future with training

WEALTH managers here will soon get a boost in their efforts to become future-ready, with Nanyang Technological University (NTU) seeking to develop Singapore's finance and wealth management expertise...

Heng Swee Keat's comment leaves possibility of private wealth tax up in the air

THE possibility of a tax on privately held wealth surfaced on Thursday at the official opening of the new premises of Nanyang Technological University's Wealth Management Institute at one-north. ...

Singapore's ageing population a ticking 'time bomb'

SINGAPORE'S population will reach a critical juncture next year, as the number of people above 65 will equal those under 15 for the first time in history, UOB economist Francis Tan has said in a research note. ...
CUBICLE FILES

Face it - appearances matter at work

AFTER four years in the car industry, Christina Ong found herself bypassed for promotion. To her, she did everything right: she has given it her all, her job role kept expanding, and her bosses were happy with her performance.

Singapore to deepen business collaboration with Zhejiang: minister

MORE opportunities are opening up for Singapore companies in Zhejiang, China, in areas of trade, cross-border e-commerce, professional services and innovation, said Sim Ann, Senior Minister of State for Trade and Industry, at a council meeting on Friday.

A night to remember for Singapore's top enterprises

THE local business community came dressed to the nines at the Enterprise 50 (E50) Awards on Nov 21 to honour the best privately-held firms in the country.

Fullerton Healthcare expands in China on 800m yuan investment

FULLERTON Healthcare Corporation announced on Tuesday that Ping An Capital, together with related parties, has led an investment of more than 800 million yuan (S$163 million) in the company, effectively becoming its second-largest shareholder.

Marco Polo Marine to seek shareholders' nod for restructuring plan on Dec 14

MARCO Polo Marine will hold an extraordinary general meeting on Dec 14 to seek shareholders' approval for issuing new securities that are key to the oil and gas company's restructuring plan...

Singapore chartered accountants body to co-develop accountancy sector in Myanmar

THE Institute of Singapore Chartered Accountants (ISCA) signed a Memorandum of Understanding (MOU) with the Myanmar Institute of Certified Public Accountants (MICPA) to co-develop the accountancy sector in Myanmar through capability-building programmes.

Fullerton Healthcare gets 800m yuan investment, making China's Ping An Capital its 2nd-largest investor

FULLERTON Healthcare Corporation announced on Tuesday that Ping An Capital Co and related parties has led an investment of more than 800 million yuan (S$163.25 million) in the company, effectively becoming its second largest shareholder.

China Taisan says still awaiting nod from Fujian government to resume normal production

TROUBLED fabric manufacturer China Taisan Technology Group Holdings said on Monday that it is still awaiting permission from the Fujian government to resume normal production levels after being ordered to cut back in July 2017.

Golden Agri sells Tianjin oilseeds business to Louis Dreyfus unit

GOLDEN Agri-Resources is selling its indirect wholly owned oilseeds business in Tianjin to a subsidiary of Louis Dreyfus Company Asia.

China Sports halts share trading after busting audit deadline

CHINA Sports International said that it will suspend its shares after revealing that it has yet to begin its annual audit almost five months after its fiscal year-end, and that its independent directors have not been able to ascertain the company's state of affairs...

China Sports: Yet to begin annual audit; IDs unable to ascertain state of affairs

CHINA Sports International will suspend its shares after revealing that it has yet to begin its annual audit almost five months after its fiscal year-end and that its independent directors have not been able to ascertain the company's state of affairs...

Singapore services business receipts grow 6.3% in Q3

BUSINESS receipts for the services sector in Singapore grew 6.3 per cent in the third quarter of 2017 compared to a year ago, reflecting an improved global outlook and a strengthening economy.

Broker's take: DBS upgrades a-iTrust to 'buy' on warehouse acquisitions

ASCENDAS India Trust (a-iTrust) had their rating upgraded from "hold" to "buy" by DBS Equity Research, as analysts believe that the acquisition of a portfolio of warehouses is a "transformative transaction" that heralds a new leg of growth beyond its exposure to the...

Singapore shares decline at Monday's open; STI down 1.67 points to 3,440.48

SINGAPORE stocks opened weaker on Monday, with the Straits Times Index retreating 1.67 points to 3,440.48 as at 9.02am after fits of volatility in markets last week.

Stocks to watch: Sabana Reit, Oxley, Golden Agri, Noble

THE following stocks made announcements that may affect their trading on Monday when the market opens.

Golden Agri to sell Tianjin oilseeds unit to Louis Dreyfus Company Asia

GOLDEN Agri-Resources is selling a wholly owned oilseeds business in Tianjin to a subsidiary of Louis Dreyfus Company Asia.

Factory output still running hot, but 'likely to cool off next year'

SINGAPORE'S factory production delivered another impressive showing for the month of October, shrugging off a steep decline in biomedical output as electronics continued to power ahead...

Singapore factory output in October powers ahead with 14.6% rise

SINGAPORE'S factory production delivered another impressive performance for the month of October, shrugging off a steep decline in biomedical output...

S'pore upgrades 2017 GDP forecast; moderation expected next year

STRONGER-than-expected growth, expanding exports and benign inflation are all coming together to paint a very different picture of the economy that had started the year on an uncertain note.

Singapore economy beats expectations with 5.2% growth in Q3, 2017 forecast raised to 3-3.5%

SINGAPORE'S economy performed much better than expected this year due mostly to a strong showing in electronics, prompting the Ministry of Trade and Industry (MTI) to upgrade its 2017 gross domestic product (GDP) forecast on Thursday morning...