Headline inflation down in January, but core inflation edges up

SINGAPORE'S headline inflation fell to zero in the first month of 2018, on account of a steeper decline in accommodation cost and lower private road transport inflation...

Singapore consumer prices stay flat in January

OVERALL consumer prices in Singapore remained flat in the first month of 2018, even though the cost of key items such as healthcare and education went up.
BUSINESS SUPPORT

Singapore Budget 2018: Businesses to get S$1.8b boost over next 3 years

THE Wage Credit Scheme (WCS) will be extended for an additional three years till 2020, but with gradually reduced levels of co-funding by the government, said Finance Minister Heng Swee Keat at his Singapore Budget 2018 speech.
BUSINESS SUPPORT

Singapore Budget 2018: Innovation, R&D to get shot in the arm

SUPPORTING more firms to innovate is a key thrust of the Singapore Budget 2018, as several new measures unveiled by Finance Minister Heng Swee Keat on Monday made it clear that innovation is still a top priority.

Hyflux's offer for HyfluxShop entirely voluntary, says firm

HYFLUX'S chief executive officer, Olivia Lum, was not required to make an offer for shares in its consumer business, HyfluxShop, the firm said in a clarification of an earlier statement made on Feb 1...

Signs of manufacturing moderating, but services expected to step up

THE manufacturing sector - the breakout performer last year - is showing clear signs of moderating growth after consecutive quarters of accelerated expansion since the electronics boom took off at the end of 2016.

2017 labour productivity jumps to seven-year high

SINGAPORE'S overall labour productivity in 2017 surged to a seven-year peak - the highest recorded since it rebounded in 2010 following the Global Financial Crisis (GFC)...

Singapore manufacturing continues to outshine services in Q4, but shows clear signs of slowing down

MANUFACTURING continued to power Singapore's economic growth in the final quarter of 2017, even as the services sector picked up momentum...

Ipco International to hold EGM on Feb 28 to seek shareholders' approval of new auditors

IPCO International Limited issued notice of an extraordinary general meeting (EGM) to be held on Feb 28, 2018 at 11am, to seek shareholders' approval of the proposed appointment of new auditors...

CEO of EC World Reit's manager quits; board says new candidate identified

EC World Asset Management, manager of EC World Reit, announced that executive director and CEO of the manager Alvin Cheng has resigned to pursue other professional interests.
COMPANY OF GOOD

Gearing up youths for the future workplace is this HR firm's CSR

JOB security concerns are top of mind for many people all around the world as the speed of technological change has caused many traditional roles to become extinct.
CUBICLE FILES

Putting the human touch back in HR

I'M pretty certain no one starts off disliking the HR department. Like many things, this sort of sentiment usually builds up slowly before it hits you all at once...

F&N's Q1 net profit up 16.3%

FRASER and Neave (F&N) posted a net profit of S$26.1 million for the first quarter ended Dec 31, 2017, up 16.3 per cent from a year ago, due to strong performance from the group's associate company, Vietnam Dairy Products Joint Stock Company...

People problem fixer

WHEN it comes to solving business problems, the "who" is more important than the "what", declares Krishnan Rajagopalan. ...

Trading in Midas Holdings suspended due to discovery of irregularities

TRADING in the counter of Midas Holdings was suspended on Friday, in the light of its disclosure late on Thursday that it has uncovered several litigations, enforcement orders and court documents involving companies within the group.

Challenger Technologies posts Q4 net profit of S$5.9m

CHALLENGER Technologies posted a net profit of S$5.9 million for the fourth quarter ended Dec 31, 2017, up 94 per cent from a year ago, on the absence of an impairment loss provision of S$1.1 million on investment in a last mile delivery company, as well as contribution from a new flagship store...

Temasek Holdings' deemed interest in Marco Polo Marine pared from 5.23% to 3.24%

SINGAPORE state investor Temasek Holdings notified the Singapore Exchange in a filing that its deemed interest in shares of Marco Polo Marine has changed from 5.23 per cent to 3.24 per cent.

F&N's net profit for Q1 up 16.3%, due to contribution from associate company

FRASER and Neave (F&N) posted a net profit of S$26.1 million for the first quarter ended Dec 31, 2017, up 16.3 per cent from a year ago, due to strong performance from the group's associate company, Vietnam Dairy Products Joint Stock Company...

Singapore Airshow 2018 sees 10% increase in trade visitors

SINGAPORE Airshow 2018 saw a 10 per cent increase in trade visitors, with over 70 per cent of exhibitors having committed to return to the Singapore Airshow 2020.

Pacific Century's FY17 net profit up by 9.9%

PACIFIC Century Regional Developments posted a net profit of S$95.6 million for the full year ended Dec 31, 2017, up 9.9 per cent from a year ago.

Vicom's net profit for FY17 down 5.9%

VICOM'S posted a net profit of S$26.5 million for the year ended Dec 31, 2017, down 5.9 per cent from a year ago...

Yorkshine Holdings says former CEO withheld records, books; police report filed

YORKSHINE Holdings responded to queries from the Singapore Exchange after trading hours on Friday that certain books and records of the group that its previous executive chairman and CEO, Chow Kin Wa, withheld include accounting vouchers of the group, bank loan agreements and banking facilities,...

Sabic plans new production facility in Singapore for ULTEM resins

DIVERSIFIED chemicals firm Sabic announced that it plans to expand its existing footprint in Singapore to increase capacity of ULTEM resins, a polyetherimide material, pending final government clearance.

DBS Research ceases coverage of Midas Holdings

DBS Research issued a report on Friday that it is ceasing coverage of Midas Holdings, in the light of its disclosure late on Thursday that it has uncovered several litigations, enforcement orders and court documents involving companies within the group.

Midas Holdings flags litigations, enforcement orders, among other irregularities during audit

MIDAS Holdings announced late on Thursday that it has uncovered several litigations, enforcement orders and court documents involving companies within the group during the course of audit and subsequent searches by the company's counsel...