Mapletree Investments acquires first office property in Dublin

MAPLETREE Investments announced on Tuesday that it is acquiring an eight-storey office building comprising approximately 210,000 square feet of net internal area in Dublin from Irish real estate developer Marlet Property Group, marking its first office acquisition in the Irish capital.

TT International Ltd given more time to submit financial statements, hold AGM

TT International Ltd announced on Tuesday that it received approval from the Singapore Exchange (SGX) for a time extension for the release of its unaudited financial statements for FY2019 and the first quarter of FY2020, and the holding of annual general meetings (AGM) for FY2018 and FY2019.

Sembcorp Industries disposed entire equity interest in Gallant Venture for S$62m

SEMBCORP Industries’ wholly owned subsidiary Sembcorp Development disposed its entire 10.27 per cent equity interest in Gallant Venture for a consideration of S$62 million.

YuuZoo and Harbin mayor agree on definitive timetable for Nordic Sport Town real estate project

SOCIAL media company YuuZoo Networks Group on Tuesday said after trading hours that it has agreed with the mayor of Harbin, China on a definitive timetable for the Nordic Sport Town real estate project to start on May 1, 2020.

RE&S announces leadership changes

FOOD and beverage operator RE&S Holdings announced a slew of leadership changes after trading hours on Tuesday, as part of its succession plan to “ensure the group’s long-term growth and sustainability”.

Mapletree Investments acquires first office property in Dublin

MAPLETREE Investments announced on Tuesday that it is acquiring an eight-storey office building comprising approximately 210,000 square feet of net internal area in Dublin from Irish real estate developer Marlet Property Group, marking its first office acquisition in the Irish capital.

IFAs give their verdicts on offers for JEP, 800 Super Holdings

THE independent financial adviser (IFA) for Catalist-listed JEP Holdings said on Monday after trading hours that the financial terms of the S$0.15 per share offer and the S$0.074 warrants offer by mainboard-listed precision engineering firm UMS Holdings' are "not fair and not reasonable".

Aoxin Q&M, Q&M Singapore plan to amend non-compete agreements

CATALIST-LISTED Aoxin Q&M Dental Group, which was spun off from Q&M Dental Group and listed in April 2017, said on Monday that it is intending to enter into revised non-compete agreements to allow Q&M Singapore Group to participate in projects in the Northern PRC Region, and for...

Eneco Energy appoints independent investigator regarding missing payment of S$3.88m

Eneco Energy, formerly known as Ramba Energy, on Monday appointed an independent external reviewer to investigate the circumstances around a payment made by a subsidiary of the company to an Indonesian broker.

Aoxin Q&M, Q&M Singapore to enter into revised non-compete agreements

CATALIST-LISTED Aoxin Q&M Dental Group, which was spun off from Q&M Dental Group and listed in April 2017, said on Monday that it is intending to enter into revised non-compete agreements to allow Q&M Singapore Group to participate in projects in the Northern PRC Region and the group...

UMS Holdings' offer for JEP Holdings "not fair and not reasonable": IFA

The independent financial adviser (IFA) for Catalist-listed JEP Holdings said on Monday after trading hours that the financial terms of the S$0.15 per share offer and the S$0.074 warrants offer by Mainboard-listed precision engineering firm UMS Holdings’ are “not fair and not reasonable”.

TOPLINE

Goldbell eyes mobility tech for growth

VEHICLE leasing giant Goldbell Group is making inroads into the future of mobility with the launch of cutting-edge autonomous products, a brand new multi-storey facility for heavy vehicles using the latest automation technology that will house a dynamic living lab, and an accelerator for...

Hong Leong Finance doubles down on core SME segment

LOCAL companies will likely face a profit slowdown this year on the back of the US-China trade war, which shows no signs of easing, as well as property cooling measures that kicked in last July, said Ang Tang Chor, president of Hong Leong Finance.

Leaders whose actions shock markets risk eroding public trust in policy makers

POLITICAL announcements, such as Donald Trump's shock move to slap tariffs on Mexico, have an impact on monetary policy decisions and could undermine trust in policy makers, said economists and academics on Friday.

CUBICLE FILES

The pleasure and pain of procrastination

​A RUNNING joke among some of my colleagues is that I have been planning to write about procrastination in this column for, well, the past year.

Singapore tops in world competitiveness ranking

SINGAPORE emerged tops in an annual world competitiveness ranking of 63 economies for the first time since 2010, moving up two spots to trump the US.

Singapore's business receipts continue to rise in Q1, but pace is slowing down

SINGAPORE’S services industries saw an increase in takings in the first quarter of 2019, even as the pace slowed down from before, according to data from the Department of Statistics (SingStat) on Monday.

Singapore manufacturers not hit by Huawei ban but brace for tech war

SINGAPORE manufacturers that produce parts for the tech sector said that they are not directly hit by the recent developments surrounding Huawei, even as they feel the heat with the trade war shaping up to become a tech war.

TOPLINE

HSBC Singapore sets its sights on SME segment

HSBC Singapore is no longer taking the back seat when it comes to the small and medium-sized enterprise (SME) banking segment here, with plans to raise its share in its target SME market from the current 10 per cent to 15 per cent by 2021.

Heritage businesses caught between wok hei and productivity

SINGAPORE'S heritage businesses in the food and beverage (F&B) industry are finding it a challenge to strike a balance between raising productivity and retaining the authenticity of traditional processes, even as they endeavour to grow or maintain their existing operations.

SINGAPORE ECONOMY

Singapore growth downgraded as trade war threatens economy, business

BUSINESSES are in for stormy times this year as dark clouds loom over Singapore's economic prospects, with the Ministry of Trade and Industry (MTI) downgrading its full-year growth forecast to 1.5 to 2.5 per cent after the results of just one quarter, from an earlier 1.5 to 3.5 per cent.

SINGAPORE ECONOMY

Tech adoption linked to better performance in firms

THE adoption of more digital technologies by firms, including small and medium-sized enterprises (SMEs), is linked to better performance in terms of value-added and productivity, according to a study by economists from the Ministry of Trade and Industry (MTI).

MTI downgrades Singapore’s 2019 economic growth forecast to 1.5-2.5 per cent on weak outlook

IN a clear signal that Singapore's economic growth is likely to be muted for the rest of 2019, the Ministry of Trade and Industry (MTI) narrowed its forecast range downwards to 1.5 to 2.5 per cent on Tuesday morning, from an earlier 1.5 to 3.5 per cent.

No respite for Singapore exports; trade recovery unlikely in 2019

THE escalating US-China trade war is likely to further hurt Singapore's exports for the rest of 2019, as hopes fade for a sustained trade recovery in the near future, said economists.

CUBICLE FILES

Don't mistake narcissism for competence

FOR better or worse, I grew up hearing my misanthrope dad - I say this in the most affectionate way possible - rant about how you cannot trust people in this world.