Thursday, Mar 16, 2017

TOP STORIES

2016 unemployment at 6-year high amid more layoffs, fewer vacancies

THE labour market in Singapore softened dramatically in 2016, with the jobless rate at a...
PUBLISHED Mar 16, 2017 05:50 AM

Brighter outlook for Singapore's trade-dependent sectors, dimmer prospects at home

A TWO-SPEED economy has emerged in Singapore, going by the latest survey among private-...
PUBLISHED Mar 16, 2017 05:50 AM

PM Lee opens SMU's S$165m School of Law building

PRIME MINISTER Lee Hsien Loong on Wednesday officially opened a S$165 million new...
PUBLISHED Mar 16, 2017 05:50 AM

Developers' sales in Feb signal pick-up in momentum, say analysts

DEVELOPERS' sales momentum had picked up this year, even before the recent easing of...
PUBLISHED Mar 16, 2017 05:50 AM

Govt willing to allow some flexibility on foreign labour quota

THE government is willing to allow some "short-term flexibility" on its foreign...
PUBLISHED Mar 16, 2017 05:50 AM

Water price changes a sign of good government

THE fact that water prices have not changed in the last 17 years means that a large part...
PUBLISHED Mar 16, 2017 05:50 AM

China confirms need for stable relations with US

CHINESE Premier Li Keqiang stressed the need for stable relations with the United States...
PUBLISHED Mar 16, 2017 05:50 AM

Higher car, bike COE premiums

CERTIFICATE of entitlement (COE) premiums for passenger cars and motorcycles rose, with...
PUBLISHED Mar 16, 2017 05:50 AM

IOI mulls plans for two office towers on Central Boulevard

MALAYSIAN property developer IOI Properties is considering the construction of two office...
PUBLISHED Mar 16, 2017 05:50 AM

Gushcloud enters US a second time

LOCAL influencer marketing and media company Gushcloud has made its second foray into the...
PUBLISHED Mar 16, 2017 05:50 AM

Easing cooling measures won't stop prices from falling: Fitch

MEASURES to cool Singapore's housing market are likely to be eased gradually over...
PUBLISHED Mar 16, 2017 05:50 AM

EZ-Pay service extended to DBS, POSB cardholders

EZ-LINK Pte Ltd has announced a collaboration with DBS Bank Ltd that will extend its EZ-...
PUBLISHED Mar 16, 2017 05:50 AM

New SCCCI president Roland Ng sworn in

THE Singapore Chinese Chamber of Commerce and Industry (SCCCI) on Wednesday held an...
PUBLISHED Mar 16, 2017 05:50 AM

STOCKS

STOCKS

Losses in heavyweights drag STI down

IT WAS popcorn Wednesday as investors paused and waited, preferring to watch events...
PUBLISHED Mar 16, 2017 05:50 AM
HOT STOCK

k1 Ventures down 10% after broker questions value

INVESTMENT holding firm k1 Ventures dived as much as 14 per cent to S$0.72 on Wednesday...
PUBLISHED Mar 16, 2017 05:50 AM

COMPANIES & MARKETS

5 S$ bonds flagged as buffer against rate hikes

POTENTIAL interest rate hikes are causing some jitters, but online fund distributor...
PUBLISHED Mar 16, 2017 05:50 AM

Rickmers Maritime noteholders willing to hear out senior lenders

RICKMERS Maritime's noteholders said that they are open to hearing out the senior...
PUBLISHED Mar 16, 2017 05:50 AM

Ezra enters another trading halt amid top management changes at Chiyoda

OFFSHORE and marine (O&M) group Ezra Holdings entered into another trading halt as...
PUBLISHED Mar 16, 2017 05:50 AM

Sembcorp India says payment delays raising developer costs

SEMBCORP Industries Ltd said recurring payment delays by Indian electricity retailers are...
PUBLISHED Mar 16, 2017 05:50 AM

Spackman Entertainment acquires Frame Pictures

ENTERTAINMENT production company Spackman Entertainment Group announced on Wednesday that...
PUBLISHED Mar 16, 2017 05:50 AM
HOCK LOCK SIEW

Consumer IPOs a relief but reversing delisting trend will be no cakewalk

ONE swallow does not a summer make. But eating does happen to be at the core of two...
PUBLISHED Mar 16, 2017 05:50 AM

OCBC joins covered bond party

AMID demand for highly rated debt, OCBC Bank has priced 500 million euros (S$751 million...
PUBLISHED Mar 16, 2017 05:50 AM
STOCKS

Losses in heavyweights drag STI down

IT WAS popcorn Wednesday as investors paused and waited, preferring to watch events...
PUBLISHED Mar 16, 2017 05:50 AM
CURRENCIES

US$ subdued as market awaits Fed rate message

THE US dollar was subdued in European trade on Wednesday, staying range-bound ahead of an...
PUBLISHED Mar 16, 2017 05:50 AM

Brokers' take

Triyards Holdings recently announced that it has won contracts worth US$20.64 million for...
PUBLISHED Mar 16, 2017 05:50 AM

Healthcare provider HMI raises S$18.5m via rights issue

PRIVATE healthcare provider Health Management International (HMI) has raised gross...
PUBLISHED Mar 16, 2017 05:50 AM
HOT STOCK

k1 Ventures down 10% after broker questions value

INVESTMENT holding firm k1 Ventures dived as much as 14 per cent to S$0.72 on Wednesday...
PUBLISHED Mar 16, 2017 05:50 AM

Cacola says it disagrees with SGX's assessment of its cash flow position

MAINBOARD-listed Cacola Furniture International said that it disagrees with the Singapore...
PUBLISHED Mar 16, 2017 05:50 AM

Corporate digest

SOILBUILD Construction Group said after trading closed on Wednesday that it has been...
PUBLISHED Mar 16, 2017 05:50 AM

REAL ESTATE

Condo rents continue to rise - up 1.1% in February

RENTS for non-landed private homes ticked up 1.1 per cent in February from January, the...
PUBLISHED Mar 16, 2017 05:50 AM

Vancouver condo set for Singapore launch

ALL eyes are on renowned Japanese architect Kengo Kuma in the next few years. The 62-year...
PUBLISHED Mar 16, 2017 05:50 AM

London public housing scheme slammed

RESIDENTS of London's public housing blocks will be left without a voice in...
PUBLISHED Mar 16, 2017 05:50 AM

China's Anbang denies report of Kushner property investment

CHINA'S Anbang Insurance Group said that it is not investing in a flagship Manhattan...
PUBLISHED Mar 16, 2017 05:50 AM

The other Airbnbs: alternative home-sharing rentals

WHAT Airbnb has popularised - the peer-to-peer rental of apartments, homes and spare...
PUBLISHED Mar 16, 2017 05:50 AM

Woolworth Tower's luxury apartments in New York ready for viewing

WHEN an investment group headed by developer Alchemy Properties bought the top 30 floors...
PUBLISHED Mar 16, 2017 05:50 AM

Toronto's housing boom refills empty nests

JANET Barber does not dwell too much on the view from her driveway.
PUBLISHED Mar 16, 2017 05:50 AM

BANKING & FINANCE

OCBC joins covered bond party

AMID demand for highly rated debt, OCBC Bank has priced 500 million euros (S$751 million...
PUBLISHED Mar 16, 2017 05:50 AM

New UBS services for foreign residents here

UBS Wealth Management on Wednesday said it has set up a new service to offer specialised...
PUBLISHED Mar 16, 2017 05:50 AM
PUBLISHED Mar 16, 2017 05:50 AM

Bankers go from pariahs to hopeful politicians in Trump's capital

BANKERS had a pariah status in Washington in the years after the financial crisis,...
PUBLISHED Mar 16, 2017 05:50 AM

ENERGY & COMMODITIES

US shale drillers snub Opec with hedges

OPEC's (Organization of the Petroleum Exporting Countries) worst enemy isn't US...
PUBLISHED Mar 16, 2017 05:50 AM

Modi's cash ban succeeds where his gold recycling programme fails

IT SEEMS the only way to stop Indians from buying more gold is to take their money away.
PUBLISHED Mar 16, 2017 05:50 AM

China ramping up controls on low-quality coal imports

CHINA is ramping up controls on imports of low-quality coal due to concerns about smog...
PUBLISHED Mar 16, 2017 05:50 AM
COMMENTARY

Why not just increase water prices only for the rich?

HAVING come out in strong support of the upcoming increase in water prices in recent...
PUBLISHED Mar 16, 2017 05:50 AM
COMMENTARY

Creativity the key to a cleaner energy future

WILL the cars of the future have four wheels? Or three? Or none at all? Will they even...
PUBLISHED Mar 16, 2017 05:50 AM

TECHNOLOGY

Facebook, Twitter could face fines in Germany over hate speech posts

SOCIAL media giants including Facebook and Twitter are not doing enough to curb hate...
PUBLISHED Mar 16, 2017 05:50 AM

NTU co-develops world's first automated gondola

NANYANG Technological University (NTU Singapore) and ELID Technology International have...
PUBLISHED Mar 16, 2017 05:50 AM

Microsoft rolls out Teams software, eyes big-office customers

MICROSOFT Corp officially rolled out its Teams workplace-collaboration software, counting...
PUBLISHED Mar 16, 2017 05:50 AM

Ex-chief of HR tool Zenefits launches startup

THE former chief executive of human resources software firm Zenefits, Parker Conrad, on...
PUBLISHED Mar 16, 2017 05:50 AM
COMMENTARY

Creativity the key to a cleaner energy future

WILL the cars of the future have four wheels? Or three? Or none at all? Will they even...
PUBLISHED Mar 16, 2017 05:50 AM

CONSUMER

Aussie retailers rejig e-commerce model to sell goods into China

AUSTRALIAN retailers and manufacturers are rejigging their business models and reviewing...
PUBLISHED Mar 16, 2017 05:50 AM

Neiman Marcus in talks with Hudson's Bay: source

THE unrest in the department store business seems to have no end in sight. Now...
PUBLISHED Mar 16, 2017 05:50 AM

Washington Post software deal a double win for Bezos

BILLIONAIRE Jeff Bezos scored a double win this week as The Washington Post, the...
PUBLISHED Mar 16, 2017 05:50 AM

TRANSPORT

Rickmers Maritime noteholders willing to hear out senior lenders

RICKMERS Maritime's noteholders said that they are open to hearing out the senior...
PUBLISHED Mar 16, 2017 05:50 AM

Ezra enters another trading halt amid top management changes at Chiyoda

OFFSHORE and marine (O&M) group Ezra Holdings entered into another trading halt as...
PUBLISHED Mar 16, 2017 05:50 AM

Airlines take proactive approach to weather woes

THE blizzard warning was cancelled quickly for New York. The so-called March Madness...
PUBLISHED Mar 16, 2017 05:50 AM

Intel's acquisition of Mobileye marks Israel as autonomous technology hub

ISRAEL'S emergence as a centre for automotive technology got a vote of confidence on...
PUBLISHED Mar 16, 2017 05:50 AM

Cathay Pacific posts first loss since 2008 amid rising competition

CATHAY Pacific Airways Ltd reported its first loss in eight years and scrapped plans for...
PUBLISHED Mar 16, 2017 05:50 AM

30 US cities shopping for US$10b of electric vehicles in defiance of Trump

DOZENS of US cities are willing to buy US$10 billion of electric cars and trucks to show...
PUBLISHED Mar 16, 2017 05:50 AM
COMMENTARY

Creativity the key to a cleaner energy future

WILL the cars of the future have four wheels? Or three? Or none at all? Will they even...
PUBLISHED Mar 16, 2017 05:50 AM

GOVERNMENT & ECONOMY

Dutch vote in test of anti-immigrant sentiment in Europe

THE Dutch tested their own tolerance for immigration and Islam on Wednesday in an...
PUBLISHED Mar 16, 2017 05:50 AM

Fresh leak shows Trump's US$38m tax bill in 2005

DONALD Trump paid around US$38 million in taxes in 2005, the White House acknowledged...
PUBLISHED Mar 16, 2017 05:50 AM

Wage gains creeping along in G-7 countries

UNEMPLOYMENT is falling almost everywhere. Wages aren't rising much anywhere...
PUBLISHED Mar 16, 2017 05:50 AM

Top US envoy Tillerson begins Asia tour amid N Korea crisis

WASHINGTON'S top diplomat was to fly into Tokyo on Wednesday to begin a first tour...
PUBLISHED Mar 16, 2017 05:50 AM

South Korea to hold presidential election on May 9

SOUTH Korea said on Wednesday that it will hold an election on May 9 to choose a...
PUBLISHED Mar 16, 2017 05:50 AM

EU officials slam Turkey over remarks about Dutch, German 'fascism'

THE European Union's top officials sharply criticised Turkey on Wednesday for...
PUBLISHED Mar 16, 2017 05:50 AM

Trump wins Saudi prince praise for 'turning point' in ties

SAUDI Arabia, seeking to breathe life into its decades-old alliance with the US, claimed...
PUBLISHED Mar 16, 2017 05:50 AM

EU could force Britain's PM to wait until June to start Brexit talks

THE European Union is poised to exert pressure on Britain by stalling the start of formal...
PUBLISHED Mar 16, 2017 05:50 AM

Fillon claims graft charges are to derail his bid for presidency

FRANCOIS Fillon told voters his bid to be France's next president is the victim of a...
PUBLISHED Mar 16, 2017 05:50 AM

Missing piece in the CFE recommendations

THE release of recommendations by the Committee on the Future Economy (CFE) last month...
PUBLISHED Mar 16, 2017 05:50 AM
COMMENTARY

Why not just increase water prices only for the rich?

HAVING come out in strong support of the upcoming increase in water prices in recent...
PUBLISHED Mar 16, 2017 05:50 AM

LIFE & CULTURE

Muirfield finally admits women as members

AT the world's oldest golf club, no amount of money was enough to allow a woman to...
PUBLISHED Mar 16, 2017 05:50 AM

Fighting radical Islam through art

AS France wrestles with questions of security and immigration during its presidential...
PUBLISHED Mar 16, 2017 05:50 AM

The Restaurant's Kostow to open new eatery soon

AT The Restaurant at Meadowood, Napa Valley, chef Christopher Kostow rose to fame with a ...
PUBLISHED Mar 16, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Consumer IPOs a relief but reversing delisting trend will be no cakewalk

ONE swallow does not a summer make. But eating does happen to be at the core of two...
PUBLISHED Mar 16, 2017 05:50 AM
EDITORIAL

No one wants war; but that is not enough

The 2014 centenary of World War I provided an opportunity for historians to re-examine...
PUBLISHED Mar 16, 2017 05:50 AM

Missing piece in the CFE recommendations

THE release of recommendations by the Committee on the Future Economy (CFE) last month...
PUBLISHED Mar 16, 2017 05:50 AM
THE BOTTOM LINE

Why North Korea may have halted its missile launches

ODD - no missiles from North Korea this week? This is not meant to be facetious but...
PUBLISHED Mar 16, 2017 05:50 AM

What N Korea needs are 'steaks and sledgehammers'

A NEW surge of strategic creativity would help defuse the crisis on the Korean peninsula.
PUBLISHED Mar 16, 2017 05:50 AM
COMMENTARY

Why not just increase water prices only for the rich?

HAVING come out in strong support of the upcoming increase in water prices in recent...
PUBLISHED Mar 16, 2017 05:50 AM
COMMENTARY

Creativity the key to a cleaner energy future

WILL the cars of the future have four wheels? Or three? Or none at all? Will they even...
PUBLISHED Mar 16, 2017 05:50 AM
sentifi.com

TOP 10 TALKED ABOUT: