Tuesday, Feb 06, 2018

TOP STORIES

BT EXCLUSIVE

SMRT to move HQ to Paya Lebar Quarter

SMRT Corporation will move its headquarters from North Bridge Road to Paya Lebar Quarter...
PUBLISHED Feb 6, 2018 05:50 AM
PARLIAMENT

Singapore will wither if society is rigid and stratified by class: PM

SINGAPORE'S politics will turn vicious, its society will fracture and the country...
PUBLISHED Feb 6, 2018 05:50 AM
PARLIAMENT

IE and Spring merger timely, given global changes: Iswaran

WITH global expansion and innovation being increasingly entwined, having a one-stop...
PUBLISHED Feb 6, 2018 05:50 AM
PARLIAMENT

Law will be amended to plug gap in criminal breach of trust penalties: Shanmugam

THE Government will amend the law soon to ensure that legislation provides for higher...
PUBLISHED Feb 6, 2018 05:50 AM

Linde to invest S$30m in Singapore digital technologies hub

GERMAN gas and engineering company Linde Group has launched a S$30 million Singapore-...
PUBLISHED Feb 6, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

Iata warns against pre-funding Changi's expansion

WHILE infrastructure constraints remain a major bottleneck in the region, the...
PUBLISHED Feb 6, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

Boeing sees low-cost carriers in South-east Asia as tailwinds

EMERGING markets such as Indonesia and Myanmar in South-east Asia are driving up demand...
PUBLISHED Feb 6, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

'Aerospace must continue to ride the Asia-Pac growth wave'

MORE than 70 per cent of the workers in Singapore's aerospace industry are in high...
PUBLISHED Feb 6, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

Airbus' newest wide-body in Singapore as part of show tour

AIRBUS is showcasing its twin-engine A350-1000 at the Singapore Airshow this week, as it...
PUBLISHED Feb 6, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

one-north to be Singapore's first drone estate

EXPECT to see more drones flying around one-north, a research and development hub in...
PUBLISHED Feb 6, 2018 05:50 AM
OPINION

Singapore Budget 2018: Go slow but go far in rebooting taxes for next-gen needs

OVER the last decade, the two areas where government spending has been heavy are social...
PUBLISHED Feb 6, 2018 05:50 AM

Next-gen LNG terminals shrink to offer flexible supply deals

THE liquefied natural gas market is growing every year, but the terminals that ship and...
PUBLISHED Feb 6, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Digitalisation efforts could give SIA a much-needed boost, if done right

DIGITALISATION is going to shape the future of the airline industry.
PUBLISHED Feb 6, 2018 05:50 AM

IFA says offer to buy out TIH 'not fair and not reasonable'

IT shouldn't come across as a big surprise that independent financial adviser (IFA)...
PUBLISHED Feb 6, 2018 05:50 AM

Amara's 5-star hotel in Shanghai opens

IT faced years of delays, but Amara Holdings' five-star hotel in Shanghai is finally...
PUBLISHED Feb 6, 2018 05:50 AM

Singtel to raise Bharti Airtel stake to 39.5% via investment in Bharti Telecom

SINGTEL will subscribe to new shares in Bharti Telecom - the holding company of Indian...
PUBLISHED Feb 6, 2018 05:50 AM

FJ Benjamin back in the black with Q2 profit of S$960,000

FASHION retailer FJ Benjamin has managed to swing back into the black in the second...
PUBLISHED Feb 6, 2018 05:50 AM

HPH Trust's Q4 DPU drops 33 per cent on weaker revenue, associated firms' losses

WEAKER revenue and losses from associated companies were a drag on earnings at Hutchison...
PUBLISHED Feb 6, 2018 05:50 AM

Noble explains steep discounts in 2 major asset sales

NOBLE Group, in its public spat with a majority shareholder, has rejected Goldilocks...
PUBLISHED Feb 6, 2018 05:50 AM

Netlink NBN Trust posts profit of S$21.7m for Q3

NETLINK NBN Trust on Monday posted a profit attributable to unitholders of S$21.7 million...
PUBLISHED Feb 6, 2018 05:50 AM

Innopac's independent director resigns over JV differences

AN independent director of Innopac Holdings has resigned due to disagreements about...
PUBLISHED Feb 6, 2018 05:50 AM

Corporate digest

CATALIST-listed Spackman Entertainment Group has announced plans to launch its own...
PUBLISHED Feb 6, 2018 05:50 AM

Alibaba leads US$1.24b investment in film unit of China's Wanda

CHINA'S Dalian Wanda Group is selling a US$1.24 billion stake in its listed film...
PUBLISHED Feb 6, 2018 05:50 AM
STOCKS

STI tumbles, following Dow's lead

IT'S text-book perfect economics. Signs of inflation in the US economy has sent bond...
PUBLISHED Feb 6, 2018 05:50 AM

Brokers' take

WE upgraded Singapore Post to "Buy" as we think its postal segment's...
PUBLISHED Feb 6, 2018 05:50 AM
CURRENCIES

Dollar's rebound fizzles despite US jobs data boost

THE dollar remained mired near three-year lows on Monday after rebounding at the end of...
PUBLISHED Feb 6, 2018 05:50 AM

REAL ESTATE

PARLIAMENT

Developers paid S$380m in ABSD, QC extension charges

DEVELOPERS have paid a total of S$380 million in fees and charges to the government for...
PUBLISHED Feb 6, 2018 05:50 AM

URA offers Pre-Application Consultation Service

THE Urban Redevelopment Authority (URA) is introducing a new Pre-Application Consultation...
PUBLISHED Feb 6, 2018 05:50 AM

Oxley unit buys Geylang site for S$13m

PROPERTY developer Oxley Holdings revealed on Monday that its wholly-owned subsidiary has...
PUBLISHED Feb 6, 2018 05:50 AM

UK rents rise at slowest pace since 2013

THE average rents for residential properties in Britain grew at their slowest pace since...
PUBLISHED Feb 6, 2018 05:50 AM

Chinese developers' land-buying spree in HK winding down

THE land buying spree by mainland developers in Hong Kong is running out of steam.
PUBLISHED Feb 6, 2018 05:50 AM

BANKING & FINANCE

Powell takes Fed chair as economy starts to show strain

JEROME H Powell, who was sworn in on Monday as the US Federal Reserve's 16th...
PUBLISHED Feb 6, 2018 05:50 AM

Lloyds Bank to ban credit card customers from buying cryptocurrencies

LLOYDS Banking Group said on Sunday that it would ban its credit card customers from...
PUBLISHED Feb 6, 2018 05:50 AM
NEWS ANALYSIS

New rules on market research are changing how fund managers hire

AS NEW rules spur Wall Street banks to further shrink their research budgets, US asset...
PUBLISHED Feb 6, 2018 05:50 AM

ENERGY & COMMODITIES

China's soaring natural gas output still unable to meet demand

CHINA'S natural gas production is rising at the fastest pace in four years but that...
PUBLISHED Feb 6, 2018 05:50 AM

Thailand's Wind Energy plans solar, hydro expansion

THAILAND'S biggest wind power generator, Wind Energy Holdings (WEH), plans to invest...
PUBLISHED Feb 6, 2018 05:50 AM

Power-hungry crypto mines clean up as electricity cost rises

VAKHTANG Gogokhia's plan to extract cryptocurrencies from the netherworld of...
PUBLISHED Feb 6, 2018 05:50 AM

TECHNOLOGY

Hack your pile of business cards: Japanese startup

EVEN in the age of LinkedIn profiles and digital addresses, the business card endures.
PUBLISHED Feb 6, 2018 05:50 AM

EU to present 'electroshock' tax plan for internet giants by March

THE European Commission will present by the end of March its plan for overhauling tax...
PUBLISHED Feb 6, 2018 05:50 AM

CONSUMER

US department store chain Bon-Ton files for bankruptcy

BON-TON Stores Inc said on Sunday that it filed for bankruptcy protection to restructure...
PUBLISHED Feb 6, 2018 05:50 AM

No refund for used vaccine, Sanofi tells Manila

FRENCH pharmaceutical giant Sanofi on Monday told the Philippines it would not refund the...
PUBLISHED Feb 6, 2018 05:50 AM

Venice's carnival brings out the masks and regattas

IN Venice, it is that time again.
PUBLISHED Feb 6, 2018 05:50 AM

Dubai theme park operator seeks to restructure loan

ILYAS & Mustafa Galadari Group (IMG), the Dubai-based operator of the world's...
PUBLISHED Feb 6, 2018 05:50 AM

TRANSPORT

Nissan plans to pump 60b yuan into China business, eyes top 3 spot

NISSAN Motor plans to invest 60 billion yuan (S$12.5 billion) in China over the next five...
PUBLISHED Feb 6, 2018 05:50 AM

Dubai is still world's busiest int'l airport despite slower growth

DUBAI International Airport said it kept its place as the world's busiest for...
PUBLISHED Feb 6, 2018 05:50 AM

Beijing inches closer to becoming the world's busiest airport

BEIJING inched one step closer to taking the crown for the world's busiest airport...
PUBLISHED Feb 6, 2018 05:50 AM

Heathrow terminals should be opened up to competition: IAG

HEATHROW terminals should be run by companies other than the airport operator, the owner...
PUBLISHED Feb 6, 2018 05:50 AM

GOVERNMENT & ECONOMY

Eurosceptics threaten to oust British Premier May

EUROSCEPTICS intend to oust British Prime Minister Theresa May if she opts for a Brexit...
PUBLISHED Feb 6, 2018 05:50 AM

China's services sector grows at fastest pace in nearly 6 years in Jan

CHINA'S services sector got off to a flying start in 2018, expanding at its fastest...
PUBLISHED Feb 6, 2018 05:50 AM

Eurozone businesses begin year in best shape for over a decade

EUROZONE businesses began 2018 by increasing activity faster than at any time in well...
PUBLISHED Feb 6, 2018 05:50 AM

LIFE & CULTURE

Eagles soar to Super Bowl win, upsetting Patriots and Brady

THE Philadelphia Eagles scored an upset 41-33 victory over the New England Patriots to...
PUBLISHED Feb 6, 2018 05:50 AM

Chill out in Norway with music from ice instruments

INSIDE a giant igloo in a snowy Norwegian village, the sound of a horn rings out, warming...
PUBLISHED Feb 6, 2018 05:50 AM

The life and death of Nigel, the world's loneliest seabird

THE story of a lonely seabird named Nigel who tried to woo a mate that had a heart of...
PUBLISHED Feb 6, 2018 05:50 AM

SME

Homegrown firm Goodstuph to launch 'urgent creativity' service

GOODSTUPH, a homegrown creative agency, is launching a "same-day idea delivery...
PUBLISHED Feb 6, 2018 05:50 AM

Robots as building blocks of SME success

SINGAPORE'S Prime Minister Lee Hsien Loong said in his recent National Day Rally...
PUBLISHED Feb 6, 2018 05:50 AM

OPINION

EDITORIAL

A healthy correction from overwhelming optimism

THE ongoing financial markets correction, coinciding with sharply rising 10-year US...
PUBLISHED Feb 6, 2018 05:50 AM

Asian airlines en route to digital transformation

FOR one of the most unpredictable industries in the world, airlines have had a spell of...
PUBLISHED Feb 6, 2018 05:50 AM
THE BOTTOM LINE

Commonsense immigration for the 21st Century

AMERICA is a nation of immigrants who are uneasy about immigration. There is a long...
PUBLISHED Feb 6, 2018 05:50 AM

Deferred prosecution agreements - Justice delayed or justice denied?

SINGAPORE is considering introducing deferred prosecution agreements (DPAs) as a...
PUBLISHED Feb 6, 2018 05:50 AM
COMMENTARY

Post-Davos depression

I HAVE been attending the World Economic Forum's annual conference in Davos,...
PUBLISHED Feb 6, 2018 05:50 AM
COMMENTARY

India's pre-election budget is long on promises, but short on sums

IN what is probably the last budget before general elections next year, India's...
PUBLISHED Feb 6, 2018 05:50 AM

BREAKING NEWS

Apr 22, 2018 04:46 PM

Keppel in talks with Golar for FLNG project for Tortue field

KEPPEL Corporation is in talks with liquefied natural gas (LNG) shipping company Golar LNG on floating LNG (FLNG)...
Apr 22, 2018 04:40 PM

China Jinjiang Environment makes foray into Brazil; Q1 earnings drop 21%

CHINESE waste-to-energy (WTE) operator China Jinjiang Environment has agreed to subscribe for a majority stake in a...
Apr 22, 2018 04:25 PM

Deloitte & Touche appointed interim judicial managers for China Sports International

SPORTSWEAR maker China Sports International, which earlier applied to the Singapore High Court to have the company...
Apr 22, 2018 04:21 PM

Jubilee strikes new placement agreement to raise S$1 million with private investor

ELECTRONICS components distributor Jubilee Industries Holdings has agreed to place S$1 million in shares to a private...
Apr 22, 2018 04:16 PM

JEP terminates China aerospace precision machining services joint venture

JEP Holdings' planned joint venture (JV) to provide precision machining and engineering services for the aerospace...
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