Ministerial committees often set up to overcome challenges in governance: DPM Tharman

MINISTERIAL committees in Singapore - such as the one set up to mull over the future of Lee Kuan Yew's former residence - are often convened to overcome challenges in governance, and contribute to Singapore's success, said Deputy Prime Minister Tharman Shanmugaratnam...

Catalist-bound Shopper360 places 38m shares at 29 cents each in IPO

MALAYSIA-BASED Shopper360 Limited on Wednesday placed 38 million shares at S$0.29 each for its initial public offering (IPO) for an eventual listing on the Catalist of the Singapore Exchange, as it looks to harness its strengths in in-store advertising to move into the digital space.

Shopper360 places 38m shares in IPO for SGX Catalist listing

MALAYSIA-BASED Shopper360 Limited on Wednesday placed 38 million shares at S$0.29 each for its initial public offering (IPO) for an eventual listing on the Catalist of the Singapore Exchange.

DMX Technologies sells stake in Indonesian company for US$7.5m

A UNIT of solutions provider DMX Technologies has reached a conditional agreement to dispose of its 60 per cent stake in PT Packet Systems Indonesia (PSI) for US$7.5 million.

Ho Bee Land acquires London Grade A commercial building for £129.3m

A UNIT of Singapore-listed property group Ho Bee Land Limited has acquired a central London office building for £129.3 million (about S$228 million), it said in a Tuesday release.

SIA Engineering, GE Aviation form Singapore joint venture for engine overhaul

SINGAPORE-LISTED SIA Engineering Company (SIAEC) has agreed to establish a joint venture in Singapore for engine overhaul with Ohio-based GE Aviation, the two companies said in a joint statement on Tuesday evening.

mm2 Asia gets in-principle approval from SGX for listing transfer to mainboard

CATALIST-LISTED mm2 Asia has gotten a nod from Singapore's bourse operator to transfer its listing to the mainboard...

Public Transport Council to have new CEO from July 1

AN advisory council to Singapore's Transport Ministry on public transport matters and fares is getting a new chief next month...

Manulife US Reit acquires New Jersey office building for US$115 million

MANULIFE US Reit has entered into a purchase agreement with a vendor to acquire an office building in New Jersey, US, for US$115 million.

Vallianz to issue S$3.1m of new shares to offset trade payables

CATALIST-LISTED Vallianz Holdings will be issuing S$3.1 million worth of new shares to fully offset the amount of trade payables it owes to its creditors.

BlackGold Natural Resources requests trading halt

CATALIST-LISTED BlackGold Natural Resources has requested a trading halt for its shares.

Public Transport Council to have new chief executive starting July 1

AN ADVISORY council to Singapore's Transport Ministry on public transport matters and fares is getting a new chief next month...

Asia's theme park hunger prompts AECOM to offer new service

ASIA is getting more serious about having fun, and that's prompting multinational engineering and infrastructural services firm AECOM to come up with a new service for aspiring theme park operators...

Low Keng Huat posts 65% rise in profits for Q1

CONSTRUCTION company Low Keng Huat reported a 65 per cent increase in net profits at S$5.4 million for the three months ended April 30 when compared to a year ago.

Economists raise Singapore's 2017 growth forecast to 2.5%

ECONOMISTS lifted their forecasts again for Singapore's economic expansion this year, expecting it to hit 2.5 per cent...

China Belt & Road: S'pore expected to benefit from regional uplift

SINGAPORE and China pledged on Monday to cooperate on China's infrastructural "project of the century", but observers say the city state is likely to catch only a few droplets from the flood of monies...

All Asean roads leading to China?

China's Belt and Road (B&R) Initiative comes at a time when Asean is thirsty for infrastructural investments. The Business Times looks at how each Asean country can stand to benefit from it...
UK ELECTIONS 2017

Singapore firms should brace for fallout starting next week

COMPANIES in Singapore should brace themselves for impact on Monday and in the next few weeks following the results of the United Kingdom elections.

Vocational licence rule seen helping to soften car COE premiums

THE requirement that private-hire car drivers hold a vocational driving licence kicks in only next month, but its effect has already been felt in the latest round of bidding for certificates of entitlement (COEs), say observers.

Singapore business confidence for Q3 up, but shaky

BUSINESS confidence in Singapore improved for a second straight quarter, but sentiment is still shaky among certain sectors, a private-sector survey has found.

Singtel gets SGX nod to list NetLink Trust

SINGTEL has received a conditional green light from Singapore Exchange to list its fibre broadband network provider NetLink Trust on the bourse's mainboard...

Singtel gets nod from SGX for NetLink Trust listing

SINGTEL has received a conditional green light from Singapore's bourse operator to list its fibre broadband network provider NetLink Trust on the bourse's main board...

CBRE launches Ang Mo Kio coffee shop tender at S$16.8m

CBRE has launched a public tender for the sale of a 4,079 square foot coffee shop in a central Singapore residential estate with an asking price of S$16.8 million.

Former transport minister Lui Tuck Yew appointed Singapore's ambassador to Japan

SINGAPORE'S former transport minister, Lui Tuck Yew, has been appointed the city-state's ambassador to Japan...

Perennial Real Estate confirms interest in United Engineers

PERENNIAL Real Estate Holdings Ltd has confirmed its interest in property group United Engineers Ltd.