New appointments in JTC, EDB, URA
THE Ministry of Trade and Industry (MTI) and the Ministry of National Development (MND) today announced several new appointments.
Singtel, CapitaLand Mall Trust rank top in corporate governance
CORPORATE governance standards among Singapore-listed companies have gone up, with average scores under the Singapore Governance and Transparency Index (SGTI) hitting an all-time high.
Swiber Holdings will default on upcoming coupon payment
BELEAGUERED Singapore-listed offshore and marine group Swiber Holdings announced late on Monday that it will default on its upcoming coupon payment for its S$150 million 6.5 per cent trust certificates due 2018 comprising Series 001 issued under its US$500 million Multicurrency Islamic Trust...
SBF leads business mission to Manila, Davao City
THE Singapore Business Federation (SBF), supported by International Enterprise (IE) Singapore and the Philippine Trade and Investment Centre, will be leading a 22-member delegation to Manila and Davao City from Aug 1-4 to explore new business and networking opportunities.
Voluntary unconditional cash offer for Changtian Plastic & Chemical closes
A VOLUNTARY unconditional cash offer for all issued and paid-up ordinary shares in the capital of Changtian Plastic & Chemical Limited made by RHT Capital, on behalf of offeror United Tech Industries Limited, closed on July 31.
Global Yellow Pages restructures business; retrenches workers
GLOBAL Yellow Pages Limited announced on Tuesday that it will restructure its business to focus on real estate as its core business and cease publication of print directories from 2018.
Google to train 2,500 more Singapore SMEs to go global by 2019
SOME 2,500 small and medium enterprises (SMEs) in Singapore will be trained by Google to tap the global market by 2019, the tech giant announced on Monday during the official launch of the expansion of its Go Global initiative.
Roil Shipping enters into time charter agreement with Gasemas
ROIL Shipping, a wholly owned subsidiary of Rotary Engineering, announced on Monday that it has entered into a time charter agreement with Gasemas, in which Gasemas will charter a double hull oil tanker from Roil Shipping for S$15,000 per day for six months.
Hitting speed bumps in going that extra mile
LOCAL celebrity Michelle Chong recently took her frustrations to the Internet, complaining that Singaporeans do not take pride in their work. In a Facebook post that has since gone viral, she cited examples of shoddy work she had experienced in the past year, commenting that people here have a...
A good death
THE only certainty in life is death. But this is not something we like to think about - not when we are at our prime, our careers powering ahead, and the future bright. In fact, as you flip through the papers, about to tuck into a nice brunch with loved ones, you may even question why we want to...
Jump in June factory output sees economists revising upwards Q2 GDP growth estimates
BETTER-than-expected industrial production numbers in June have led economists to expect Singapore's gross domestic product (GDP) growth for the second quarter to be upgraded to closer to 3 per cent, up from the latest flash estimate of 2.5 per cent...
On-time debt payment by SMEs hits 2-year low
THE percentage of debt paid on time by small and medium enterprises (SMEs) fell to 37 per cent for the second quarter of 2017, its lowest in two years, according to research by DP Information Group (DP Info).
Singapore's factory output up 13.1% in June; electronics remains star performer
SINGAPORE'S total industrial output went up 13.1 per cent in June compared to a year ago, as the electronics cluster continued to be the star performer...
Citic Envirotech profit down 7.8%
MAINBOARD-LISTED Citic Envirotech's net profit fell 7.8 per cent to S$21 million for its second quarter ended June 30 compared to the same period a year ago. ...
Trade associations, chambers pump up the volume under Lead programme
TRADE associations and chambers (TACs) have ramped up productivity and market access projects under the Local Enterprise and Association Development (Lead) programme.
Revenue growth expected, but external risks remain: Deloitte
REVENUE growth for Singapore businesses is expected to catch up with that in the rest of the Asia-Pacific in two years, but external risks such as macroeconomic and political factors remain top concerns, Deloitte's first biennial cost survey has found. ...
More work for the more capable is flawed
IT is a common scenario. Person A is a competent worker who takes instructions well and can be counted on to get the job done. Person B is less experienced and known to make careless mistakes, but not of a nature serious enough to get fired.
HPH Trust's Q2 profit down 21.5% to HK$269m
NET profit of Hutchison Port Holdings Trust (HPH Trust) for the second quarter fell 21.5 per cent to HK$269.1 million (S$47.1 million) year on year, due mainly to share of profits less losses after tax of associated companies.
HPH Trust's Q2 earnings down 21.5%
PORT operator Hutchison Port Holdings Trust's (HPH Trust) net profit for the second quarter fell 21.5 per cent to HK$269.1 million (S$47.1 million) year on year due mainly to share of profits less losses after tax of associated companies...