OUTLOOK 2019

Telcos gird their loins for a challenging future

LIKE a good detective story, the narrative threads are coming together in Singapore's telco market...
OUTLOOK 2019

Housing demand could still fuel 2019 growth in Singapore

THE local housing market could still support Singapore's growth in 2019, despite the curbs unveiled this year, bank analysts said this week...

Economy watchers trim Singapore 2019 GDP forecasts

SINGAPORE is headed for a slowdown, private-sector analysts said, while agreeing that the US-China trade war is the top risk to the economy.

Singapore retail sales inch up by 0.1% in October as growth tapers off

RETAIL receipts in Singapore inched up in October on the previous year, in a sharp slowdown from the previous month’s growth, according to data from the Department of Statistics on Wednesday.

Economists fret over trade tensions, shave forecast for Singapore growth in 2019

PRIVATE economists unanimously fingered higher US-China trade tensions as a downside risk to Singapore’s growth, as they dialled down their forecast for 2019 in a recent industry poll.
BT EXCLUSIVE

StarHub faces hurricane, not headwinds, says CEO

BUSINESS deals are still on the horizon for StarHub, even as the telco steps up its cost-cutting and embarks on a digital transformation exercise.
HOCK LOCK SIEW

Boob tube's for rubes as pay-TV loses its lustre

PAY-TELEVISION is struggling to reinvent itself for the new millennium.

Singtel ramps up Dash global e-payments

SINGTEL has ramped up its global payments offerings, in a fresh expansion of its ongoing tie-up with Visa.

Circles.Life headed for 5% of Singapore postpaid mobile market

MOBILE virtual network operator (MVNO) Circles.Life has beat out its earlier targets. It will have 5 per cent of Singapore's postpaid market by year-end, said chief executive Rameez Ansar in a statement on Monday...

AIMS unitholders fend off another wind-up bid

UNITHOLDERS have again shot down an attempt to wind up dual-listed AIMS Property Securities Fund, in the second vote in four days.

Circles.Life to hit 5% market share target by end-2018: CEO Rameez Ansar

MOBILE virtual network operator (MVNO) Circles.Life is on track to nab 5 per cent of Singapore's postpaid market by year-end, it told the press on Monday. ...

Singtel boosts Dash mobile wallet app with international payments backed by Visa, Apple Pay

APPLE Pay users can now make near-field communication (NFC) payments worldwide with Singtel’s mobile wallet app, Dash, which has just been accepted on Apple Pay.

Unitholders again say 'no' to winding up AIMS Property Securities Fund, in second vote in four days

BOUTIQUE Australian investor Samuel Terry Asset Management has lost another attempt to have AIMS Property Securities Fund wound up, according to a unitholder vote that it called in Sydney on Monday.

Japan Foods, Minor S'pore to take F&B brands to the region

DINERS could soon slurp away on ramen in the birthplace of pad thai, or vice versa, thanks to a franchising joint venture between Catalist-listed Japan Foods Holding and fellow restaurant operator Minor Singapore.

Unitholders vote not to wind up AIMS fund

UNITHOLDERS of dual-listed AIMS Property Securities Fund voted against a winding-up action on Friday - but will be asked to take a stand on the same issue again next week.

Ellipsiz set to beef up ready-to-eat meal JV

leowhma@sph.com.sg

Restaurateur Japan Foods in regional tie-up with unit of Thailand's Minor

CATALIST-LISTED Japan Foods Holding has teamed up with fellow restaurant operator Minor to franchise and run their brands in Japan, Thailand and China, in a binding memorandum of understanding (MOU) that was signed and announced on Friday.

Unitholders say no to AIMS Property Securities Fund wind-up bid, in first of two scheduled votes

UNITHOLDERS voted against a winding-up of dual-listed AIMS Property Securities Fund by a six-point unit-holding margin on Friday, according to an update from the manager.

Engineering firm Ellipsiz inks JV for ready-to-eat meals, to support its vending machine business

ENGINEERING services provider Ellipsiz plans to trade in ready-to-eat meals, in a joint venture agreement with a celebrity chef that was signed and announced on Thursday.

Noble may seek court-appointed administration in Britain after Singapore authorities block relisting, board reiterates

EMBATTLED commodities trader Noble Group may seek court-appointed administration in Britain after Singapore authorities blocked its relisting plans, and is disputing regulators' allegations of improper accounting, the board said early on Friday...

Keppel's diversity makes it better value than pure O&M play: Goldman

KEPPEL Corp's non-oil and gas businesses are gaining more heft for the conglomerate, Goldman Sachs said on a day that the company announced separate deals in urban solutions and property development...

Paktor parent raises fresh US$25m, with Temasek-linked Pavilion Capital among investors

PAKTOR parent M17 Entertainment, which aborted a planned listing this year, announced on Thursday that it has raised US$25 million in a funding round featuring Temasek Holdings-linked Pavilion Capital.

Taiwan vacation rental firm to expand to Singapore, Malaysia after US$7 million funding round

A TAIWAN-BASED vacation rental startup has raised US$7 million in Series B funding, which will be used to expand regionally - including Singapore and Malaysia operations in early 2019.

Keppel Corp unit inks pact to develop Chinese model smart city in Wuxi

A UNIT of Keppel Corp has inked a non-binding pact to develop a model smart city in China, in a deal announced by the Singapore government-linked conglomerate on Thursday morning.
BT EXCLUSIVE

Singapore sprouts innovation centres

PUTTING on your thinking cap? Some professionals can now do so in dedicated "innovation centres", which are springing up islandwide. At least 25 such facilities have opened since last year, with the help of the Economic Development Board (EDB)...