Tuesday, Jan 10, 2017

TOP STORIES

Re-employment age to rise by 2 years to 67 on July 1

THE statistics are telling. Nearly one out of every eight residents in Singapore's...
PUBLISHED Jan 10, 2017 05:50 AM

Malaysia plans mega port project off Port Klang

IN A move that may potentially impact Singapore, Malaysia is planning a massive port-city...
PUBLISHED Jan 10, 2017 05:50 AM
PARLIAMENT

Community panel to certify presidential candidates' ethnicity

THOSE who intend to contest this year's presidential election - the first in...
PUBLISHED Jan 10, 2017 05:50 AM
PARLIAMENT

Eng Hen: Detention of Terrex not in compliance with international laws

THE Singapore Armed Forces (SAF) would have to spend significantly more if it were to...
PUBLISHED Jan 10, 2017 05:50 AM

Revised SFA: Tighter definition for accredited investors

A TIGHTENED definition for accredited investors is among the wide-ranging amendments to...
PUBLISHED Jan 10, 2017 05:50 AM
PARLIAMENT

S'pore to match Malaysia's RM20 road charge: Khaw

SINGAPORE intends to match Malaysia's new RM20 (S$6.45) road charge and will...
PUBLISHED Jan 10, 2017 05:50 AM

The Ascott positions itself for growth and tie-ups with global firms

SERVICED-residence operator The Ascott is banking on innovation, partnerships and new...
PUBLISHED Jan 10, 2017 05:50 AM

CJ urges legal sector to embrace march of technology

DEVELOPMENTS in technology have forced lawyers to rethink practice areas and legal eagles...
PUBLISHED Jan 10, 2017 05:50 AM

Voluntary scheme started to accredit specialist lawyers

TO help the public identify lawyers who have expertise in certain practice areas, the...
PUBLISHED Jan 10, 2017 05:50 AM

Rolls-Royce signs MOU with A*Star to deepen collaboration

BRITISH aero-engine maker Rolls-Royce and A*Star signed a memorandum of understanding (...
PUBLISHED Jan 10, 2017 05:50 AM

Singapore Power joins global utilities in plan to enlist startups

SINGAPORE Power has joined the start-up bandwagon. The grid operator owned by Temasek...
PUBLISHED Jan 10, 2017 05:50 AM

Scania, Toyota come on board to test-bed truck platooning system

IF the truck platooning trials starting from early 2017 go according to plan, multiple...
PUBLISHED Jan 10, 2017 05:50 AM

STOCKS

HOT STOCK

Cogent share surge prompts SGX query

SHARES of Cogent Holdings surged by as much as 12 per cent on Monday to 70.5 Singapore...
PUBLISHED Jan 10, 2017 05:50 AM
STOCKS

STI enjoys fifth consecutive rise

THE Straits Times Index advanced for the fifth consecutive trading session on Monday,...
PUBLISHED Jan 10, 2017 05:50 AM

Resurgent Asean stocks may weather Trump-China trade spat: strategists

A RALLY in South-east Asian stocks may persist even if a Trump-induced trade spat with...
PUBLISHED Jan 10, 2017 05:50 AM

COMPANIES & MARKETS

F&N wants title to Penguin Random House's S'pore, Malaysia units for S$8m

BEVERAGE and publishing conglomerate Fraser & Neave (F&N) will buy the Singapore...
PUBLISHED Jan 10, 2017 05:50 AM
HOT STOCK

Cogent share surge prompts SGX query

SHARES of Cogent Holdings surged by as much as 12 per cent on Monday to 70.5 Singapore...
PUBLISHED Jan 10, 2017 05:50 AM

Citic Envirotech bags 650m yuan river restoration project

WATER solutions provider Citic Envirotech has secured its first river restoration project...
PUBLISHED Jan 10, 2017 05:50 AM

China likely to allow companies to issue shares in Frankfurt this year: bourse

CHINESE companies are likely to be allowed to sell their shares in Germany via issuing so...
PUBLISHED Jan 10, 2017 05:50 AM
HOCK LOCK SIEW

For stocks, just fact-checking may not be enough

ONE of the lessons of 2016 is the importance of fact-checking. Partly because of the...
PUBLISHED Jan 10, 2017 05:50 AM

Disruption, not anti-trade, should be S'pore's main concern: StanChart

FORGET anti-globalisation. What Singapore should really keep its eyes on is the coming of...
PUBLISHED Jan 10, 2017 05:50 AM
STOCKS

STI enjoys fifth consecutive rise

THE Straits Times Index advanced for the fifth consecutive trading session on Monday,...
PUBLISHED Jan 10, 2017 05:50 AM

Brokers' take

Gross profit margin was 11.5% in the quarter compared to 18.7% in 1QFY16 and 12.9% in...
PUBLISHED Jan 10, 2017 05:50 AM
CURRENCIES

US$ regains traction, sterling gets Brexit bashing

TALK of Britain drastically reworking trade ties with the European Union after Brexit...
PUBLISHED Jan 10, 2017 05:50 AM

Samurai 2K Aerosol to list on Catalist on Jan 16 (Amended)

AEROSOL spray producer Samurai 2K Aerosol Limited is set to become the first to list on...
PUBLISHED Jan 10, 2017 05:50 AM
MANAGEMENT CHANGES

Keppel Reit Management appoints Jesline Goh as CEO

NG Hsueh Ling will step down as chief executive officer and executive director of Keppel...
PUBLISHED Jan 10, 2017 05:50 AM
MANAGEMENT CHANGES

Michael Ng moves to Chip Eng Seng from UIC

PROPERTY industry veteran Michael Ng Seng Tat, who quit United Industrial Corporation (...
PUBLISHED Jan 10, 2017 05:50 AM

Resurgent Asean stocks may weather Trump-China trade spat: strategists

A RALLY in South-east Asian stocks may persist even if a Trump-induced trade spat with...
PUBLISHED Jan 10, 2017 05:50 AM

Corporate digest

SEMBCORP Marine said a standstill agreement between its unit Jurong Shipyard and North...
PUBLISHED Jan 10, 2017 05:50 AM

REAL ESTATE

MANAGEMENT CHANGES

Michael Ng moves to Chip Eng Seng from UIC

PROPERTY industry veteran Michael Ng Seng Tat, who quit United Industrial Corporation (...
PUBLISHED Jan 10, 2017 05:50 AM

13 units in Gemini@Sims industrial project up for en bloc sale

THE developer of Gemini@Sims, a freehold industrial project in Kallang, is looking to...
PUBLISHED Jan 10, 2017 05:50 AM

Real estate risks a concern, says Fed's Powell

FEDERAL Reserve governor Jerome Powell said the US central bank needs to step up...
PUBLISHED Jan 10, 2017 05:50 AM

Dubai's Damac expects to maintain 25% dividend despite falling profits

DUBAI'S Damac Properties expects to maintain its 25 per cent cash dividend policy...
PUBLISHED Jan 10, 2017 05:50 AM

US housing regulator accuses BOA of discriminatory lending

THE US Department of Housing and Urban Development (HUD) filed charges on Friday against...
PUBLISHED Jan 10, 2017 05:50 AM

BANKING & FINANCE

CURRENCIES

US$ regains traction, sterling gets Brexit bashing

TALK of Britain drastically reworking trade ties with the European Union after Brexit...
PUBLISHED Jan 10, 2017 05:50 AM

Aussie banks make strong start in offshore bonds

TWO Australian major banks overcame intense competition last week to access the buoyant...
PUBLISHED Jan 10, 2017 05:50 AM

Morgan Stanley, UBS said to be in talks to boost China JV stakes

MORGAN Stanley and UBS Group AG are in talks with local partners to boost holdings in...
PUBLISHED Jan 10, 2017 05:50 AM

Investors eye Norway's biggest bank over potential shareholder rewards

NORWAY'S biggest bank, DNB ASA, has more capital than it needs and will probably...
PUBLISHED Jan 10, 2017 05:50 AM

ENERGY & COMMODITIES

Australia forecasts drastic drop in iron ore prices through 2018

AUSTRALIA on Monday forecast a dramatic decline in the price of iron ore - its most...
PUBLISHED Jan 10, 2017 05:50 AM

China's top coal province sets out consolidation plan

CHINA'S Shanxi province, the country's top coal producer, plans to cap output...
PUBLISHED Jan 10, 2017 05:50 AM

Australia offers A$240m aid for crippled Alcoa aluminium plant

THE Australian government has offered "substantial" financial support to help...
PUBLISHED Jan 10, 2017 05:50 AM

US solar lobby group names 'bridge builder' as new leader

THE US solar industry's top lobbying group named energy policymaker Abigail Ross...
PUBLISHED Jan 10, 2017 05:50 AM

Russia cuts oil output by 100,000 bpd in early January

RUSSIA cut its oil production in early January by around 100,000 barrels per day (bpd)...
PUBLISHED Jan 10, 2017 05:50 AM

TECHNOLOGY

Companies race to turn data into digital gold

WEALTH and influence in the technology business have always been about gaining the upper...
PUBLISHED Jan 10, 2017 05:50 AM

Sales of much hyped virtual reality gear face tough reality check

FOR a technology to crack the mainstream, there is an unspoken understanding: It shouldn...
PUBLISHED Jan 10, 2017 05:50 AM

Santa delivered the drone, minus the safety and skill to fly them

IF THIS Christmas was the season of the drone, it was also a time of crashes, losses and...
PUBLISHED Jan 10, 2017 05:50 AM

CONSUMER

From Iceland to Maldives, Chinese seek 'lung cleansing' trips

TOXIC haze that settled over much of China during the last three weeks has triggered a...
PUBLISHED Jan 10, 2017 05:50 AM

McDonald's sells control of China business to Citic, Carlyle

MCDONALD'S Corp has entered into an agreement to sell 80 per cent of its operations...
PUBLISHED Jan 10, 2017 05:50 AM

Koreans driven crazy as egg prices surge

IN A PACKED stall in one of Seoul's traditional eateries, patrons feast on egg-rich...
PUBLISHED Jan 10, 2017 05:50 AM

Air China bans shark fin cargo, reflecting shift in attitudes

AIR CHINA has become the first airline in mainland China to ban shark fin cargo, marking...
PUBLISHED Jan 10, 2017 05:50 AM

TRANSPORT

Mercedes set to become largest premium carmaker

MERCEDES-Benz is expected to reach its goal of becoming the largest premium carmaker four...
PUBLISHED Jan 10, 2017 05:50 AM

Baidu joins BAIC in China push for homegrown driverless cars

BAIDU Inc and state-owned Beijing Automotive Group Co's collaboration on telematics...
PUBLISHED Jan 10, 2017 05:50 AM

VW to launch electric version of hippie-era Microbus

VOLKSWAGEN AG laid out a new design for a revived, battery-powered version of its iconic...
PUBLISHED Jan 10, 2017 05:50 AM

Fiat Chrysler ups the ante as carmakers respond to Trump threats

FIAT Chrysler Automobiles said on Sunday that it will invest US$1 billion to modernise...
PUBLISHED Jan 10, 2017 05:50 AM

Uber hopes to appease cities with tool showing traffic patterns

UBER Technologies Inc is hoping to win brownie points with some cities by opening up a...
PUBLISHED Jan 10, 2017 05:50 AM

GOVERNMENT & ECONOMY

Britain's May seeks new trading relationship with EU as £ slides

THE UK will need a completely new trading relationship with the European Union after its...
PUBLISHED Jan 10, 2017 05:50 AM

Indonesia revises tax rules on transfer pricing to curb evasion

INDONESIA has revised tax rules for transfer pricing documentation to match global...
PUBLISHED Jan 10, 2017 05:50 AM

ADB ramps up activity as new lenders enter the fray

THE operations of the Asian Development Bank (ADB) in Asia and the Pacific hit an all-...
PUBLISHED Jan 10, 2017 05:50 AM

China bitcoin exchange says no govt pressure on outflows

THE head of a major bitcoin exchange in China says few people there use the crypto...
PUBLISHED Jan 10, 2017 05:50 AM
EDITORIAL

Existing alliances are best bet for negotiated peace in Syria

AS fragile and partial as it is, the current ceasefire in Syria remains the only...
PUBLISHED Jan 10, 2017 05:50 AM

LIFE & CULTURE

COMPANY OF GOOD

Affording a dignified exit for all

IT IS said that death is the great leveller. For the beneficiaries of Ang Chin Moh...
PUBLISHED Jan 10, 2017 05:50 AM

La La Land waltzes off with seven gongs at Golden Globes

WHIMSICAL modern-day musical La La Land pirouetted its way into major Oscars contention...
PUBLISHED Jan 10, 2017 05:50 AM

Asia's rich are funding European football teams in hunt for yield

WEALTHY Asian investors unwilling to splurge on owning their own European soccer teams...
PUBLISHED Jan 10, 2017 05:50 AM

SME

10 habits of successful entrepreneurs

WHO wants to be an entrepreneur?
PUBLISHED Jan 10, 2017 05:50 AM

Collaborative robots offer future to SMEs

WITH a competitive business environment and unpredictable economy, small and medium sized...
PUBLISHED Jan 10, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

For stocks, just fact-checking may not be enough

ONE of the lessons of 2016 is the importance of fact-checking. Partly because of the...
PUBLISHED Jan 10, 2017 05:50 AM

Obama's presidency far from transformational

HISTORIANS will probably continue to debate for years to come whether US President Barack...
PUBLISHED Jan 10, 2017 05:50 AM
EDITORIAL

Existing alliances are best bet for negotiated peace in Syria

AS fragile and partial as it is, the current ceasefire in Syria remains the only...
PUBLISHED Jan 10, 2017 05:50 AM
THE BOTTOM LINE

Trump's 'jawboning' on jobs not always good economics

JAWBONING is back in style, courtesy of Donald J Trump. Those with long memories will...
PUBLISHED Jan 10, 2017 05:50 AM

Revisiting the S'pore-India Double Taxation Avoidance Agreement

FOREIGN direct investment (FDI) inflows into India have been growing robustly since the...
PUBLISHED Jan 10, 2017 05:50 AM
COMMENTARY

Obama's farewell speech to take foreign-policy focus

BARACK Obama gives his farewell address as US president on Tuesday at McCormick Place in...
PUBLISHED Jan 10, 2017 05:50 AM
COMMENTARY

Why Asia should embrace natural gas as a power source

GLOBAL energy markets are shifting faster than ever, giving developing country...
PUBLISHED Jan 10, 2017 05:50 AM

EDITOR'S CHOICE

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