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.

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.
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...

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...

Tritech Group's proposed acquisition of 2 companies falls through; to establish JV in Shanghai

TRITECH Group announced late on Thursday that it has entered into a termination agreement in connection with its proposed acquisition of Shanghai Haihan Environmental and Nanjing Qinghai Environmental.

Ezion Holdings requests for time extension for release of FY2017 financial statements

EZION Holdings announced late on Thursday that it has applied for an extension of 30 days for the release of its FY2017 financial statements, from the original deadline of March 1 2018 to March 31 2018.

SunMoon Food in the red in Q3

SUNMOON Food Company posted a loss of S$1.25 million for the third quarter ended Dec 31, down from a profit of S$5.3 million a year ago.

China Star Food Group posts profit net of tax of 8m yuan for Q3, down 33.7% from a year ago

CHINA Star Food Group posted a profit net of tax of eight million yuan (S$1.7 million) for the third quarter ended Dec 31, down 33.7 per cent from 12.1 million yuan a year ago.

SIA Engineering and Stratasys sign JV agreement to establish additive manufacturing service centre for commercial aviation

SIA Engineering (SIAEC) and applied additive solutions provider Stratasys have signed a joint venture agreement to establish an additive manufacturing service centre to provide 3D printed parts for use in commercial aviation.

ST Engineering divests 5% stake in ST Aerospace Guangzhou for US$7m

SINGAPORE Technologies Engineering (ST Engineering) announced after trading hours on Thursday that it is divesting its 5 per cent stake in ST Aerospace (Guangzhou) Aviation Services Company, a joint venture with Guangdong Airport Authority, to Japan Airlines for a consideration of US$7 million.