Sias urges Shanghai Turbo shareholders to reject proposal to remove board

MINORITY shareholders of Shanghai Turbo Enterprises have been urged by the Securities Investors Association (Singapore), or Sias, to vote against a proposed resolution to remove the incumbent board of directors at the upcoming extraordinary general meeting (EGM) on July 24.

Sias calls on Shanghai Turbo shareholders to vote against proposed resolution to remove board

ALL minority shareholders of Shanghai Turbo Enterprises Ltd have been called on by the Securities Investors Association (Singapore), or Sias, to vote against the proposed resolution to remove the incumbent board of directors at the upcoming extraordinary general meeting (EGM) on July 24.

Flying high in a niche business

ON THE SURFACE, WingsOverAsia Pte Ltd looks like what its managing director Ng Yeow Meng describes as a "country club for aviation enthusiasts". The firm's Seletar Airport site - which it moved into just over a year ago - contains several nicely decorated rooms which are used for...

Property agents face prospect of tech takeover

FIRST it was sagging sales. But even as the property market now shows tentative signs of bottoming out, the shrinking industry of real estate agents looks set for even more pummelling as property listing firms across the board automate parts of the transaction process.

Water solutions provider goes big

WATER solutions provider Ace Water Pte Ltd calls itself a one-stop shop for water needs because it provides the whole range of services - consulting, contracting and operating - with an emphasis on design-and-build projects. It also has plans to develop and own its proprietary water technology in...

SRX launches drone viewings for Singapore properties

SRX Property said on Thursday that it has launched X-Drone, a new programme that uses aerial photography and videography by drones to market Singapore properties. An SRX spokesman said it is the only listing platform in the country to offer this drone viewing service.

Nets to roll out digital wallet app NetsPay

NETS will launch a digital wallet in the form of a mobile app called NetsPay next month, through which consumers can create and store digital versions of their ATM bank cards for cashless payments on one single mobile platform.

Detecting fetal problems with a blood test

ACCORDING to iGene Diagnostics Pte Ltd, amniocentesis, which is an invasive procedure that high-risk pregnant mothers are often asked to go through to diagnose conditions such as Down Syndrome in their unborn babies, carries about a one per cent chance of causing a miscarriage.

Delivering on what they believe in

HUB Distributors Services' tagline "We Believe in Service" may seem like an ordinary marketing catchphrase, but the owners of the company say that building a good relationship with their customers and staff has been one of the reasons it continues to survive and thrive since it was...

Bttrigtical reinvents water-in-oil detector

EVERYONE knows that oil and water do not mix. Unfortunately, this does not always apply, especially when dealing with industrial and lubrication oils used in different kinds of machinery components across many industries.

Spackman to produce Korean TV dramas with Mongjakso

SPACKMAN Entertainment Group Ltd said in a Singapore Exchange (SGX) filing on Thursday evening that it will enter the Korean drama series production business through a co-production partnership agreement with Mongjakso Co Ltd, a South Korean producer of TV dramas.

Spackman Entertainment Group, Mongjakso to partner and produce So Ji Sub Drama

SPACKMAN Entertainment Group Ltd said in a Singapore Exchange (SGX) filing on Thursday evening that it would enter into the Korean drama series production business with a co-production partnership agreement with Mongjakso Co Ltd, a Korean producer of TV dramas.

Feeling the labour crunch? Let robots solve the problem

AT First glance, the robotics solutions that Aitech Robotics and Automation Pte Ltd offers might appear simple. Most of their automatons are mobile platforms that transport items from one place to another, or are mechanised consoles with seemingly straightforward functions.

Local small businesses zoom in on F1 action

ALTHOUGH the Formula One Singapore Grand Prix from Sept 15 to 17 is a high-profile event of global proportions, about nine in 10 of the firms contracted to ensure its smooth running are homegrown small and medium enterprises (SMEs).

Toyota unit invests in Grab to power big data push

GRAB Inc and a unit of the Toyota Motor Corporation on Wednesday announced a collaboration targeted at Grab drivers, rather than towards users of the ride-sharing platform.

Koda full-year profit more than doubles

FURNITURE maker Koda Ltd posted on Tuesday a more than doubling in full-year earnings on the back of higher revenue and higher gross margins and despite a fall in other income.

Koda Ltd FY earnings up 147% to US$4m; EPS rockets to 14.39 US cents

IMPROVED economies of scale and supply chain efficiency, as well as higher revenue contribution from Koda's wholly owned retail subsidiary, Commune, boosted results for Koda Ltd in its full financial year...

Adapt to tech changes or risk becoming obsolete: Iswaran

NEW technologies and their applications in countries like China and India have effects on Singapore businesses, said Trade and Industry Minister S Iswaran at the 2017 MTI Economic Dialogue held on Monday.

Digital disruption, automation to change how bankers work

DIGITAL disruption and the threat of automation will change how bankers go about their jobs and interact with their clients in the next three to five years, said Bank of Singapore CEO Bahren Shaari at the Bank of Singapore Future Skills 2020 Learning Carnival on Friday.

Divestment gain boosts IHH Healthcare's Q2

SUSTAINED growth in both inpatient admissions and average revenue per admission across all home markets - Malaysia, Singapore, Turkey and India - as well as a one-off gain from the divestment of the stake in Apollo Hospitals lifted the second-quarter results for IHH Healthcare Bhd.

IHH Healthcare net profit climbs 29% to RM317m; EPS rises to 3.84 sen

A one-off gain from the divestment of Apollo Hospitals stake and revenues from two newly opened hospitals boosted results for IHH Healthcare Bhd in its second quarter.

Alipay targeting Singapore consumers

ALIPAY, China's giant mobile payment provider, has its eyes trained on Singapore with plans to offer its payment platform soon to users here...

Use, monetising of data will fuel digital revolution

THE use and monetisation of personal data are important drivers of the ongoing digital revolution, and fintech and blockchain are two technologies underpinning this trend, said speakers at a seminar organised by the Singapore Management University (SMU) and The Business Times.

Singapore SME business sentiment on the rise: survey

BUSINESS sentiment among Singapore SMEs (small and medium enterprises) has risen, at least according to this year's Singapore Chinese Chamber of Commerce and Industry's (SCCCI) annual business survey. This finding comes in spite of tough conditions for SMEs here such as global political...

Tapping blockchain technology to improve supply chain network

PACIFIC International Lines Pte Ltd (PIL), PSA International Pte Ltd and IBM Singapore Pte Ltd on Tuesday signed a memorandum of understanding (MOU) during the Singapore Regional Business Forum to explore and trial blockchain-based supply chain business network innovations.