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Carsome acquires 51% of used car dealer CarTimes in IPO push USED car platform Carsome has acquired a 51 per cent stake in Singapore-based CarTimes Group, a used car dealer and parallel importer.
Pump prices lower at several oil retailers, higher at SPC MOST oil retailers in Singapore have gone into reverse gear and lowered pump prices this week, but petrol prices remain above S$3 per litre after the cuts.
Firms seeking to profit from GST hike could have actions made public: committee ERRANT firms which seek to profit from the upcoming goods and services tax (GST) hike may have their actions made public, but businesses who raise prices due to genuine cost pressures will not face action from the authorities.
Commercial, mixed-use en bloc sales may be unscathed by strata subdivision rule THE new restriction on strata subdivision of some commercial properties in Singapore's Central Area may not move the needle for future collective sales in general, although it could hinder the plans of existing unit owners, property consultants told The Business Times (BT).
EcoWise flags 'material uncertainty' in its ability to continue operations CHASED by several banks for payments and unable to pay the security deposit for extending its lease, ecoWise said in a filing on the Singapore Exchange (SGX) on Wednesday (Mar 16) that these developments indicate "material uncertainty" of the company's ability to continue operating.
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The STI today
Singapore shares rise amid Asia rally
SINGAPORE shares rose with most regional peers on Wednesday (Mar 16), as Wall Street's major indices advanced following another drop in crude prices, which eased inflationary concerns.
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