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.

Singapore non-oil exports extend double-digit drop for 2nd straight month in April; confounding expectations

SINGAPORE’S exports extended its double-digit decline for the second straight month in April, surprising economists who had expected a milder drop.

TRADE WAR

Singapore firms scramble to mitigate trade war fallout as orders dive

SINGAPORE businesses across various sectors from manufacturing to trading to services are feeling the heat from the extended US-China trade war as new orders dive - with some bracing for a decline in revenue this year.

TRADE WAR

Businesses need to prepare themselves for US-China trade war fallout: Minister Chan

SINGAPORE is not immune to the fallout from the US-China trade war, although it is still too early for the government to assess its economic impact, said Minister of Trade and Industry Chan Chun Sing late on Monday.

Championing SME interests 'is about doing, not talking'

KURT Wee may be the voice for small and medium-sized enterprises (SMEs) here, but he would much rather be judged by his actions instead.

Samsonite's Changi Airport outlet will be its Jewel in the crown

GLOBAL travel luggage company Samsonite has picked Changi Airport's Jewel mall to launch its first ultra-premium store, the highlight of a planned four-store expansion in Singapore.

TOP STORY

Taking on the world

SMEs need not fear going it alone. They can receive support for their internationalisation endeavours either directly from government agency Enterprise Singapore or indirectly through the many free trade agreements signed.