Friday, Feb 17, 2017

TOP STORIES

IE S'pore: Internationalisation 'core' to sustaining country's growth

LOCAL e-commerce Shopback is busy spreading its wings across the Asia-Pacific, with...
PUBLISHED Feb 17, 2017 05:50 AM
SINGAPORE BUDGET 2017

A balancing act of near and long-term demands

BUDGET 2017 is widely expected to provide the policy response to the long-term growth...
PUBLISHED Feb 17, 2017 05:50 AM

SGX launches consultation on dual-class shares

THE Singapore Exchange (SGX) could propose changes to the listing rules as early as the...
PUBLISHED Feb 17, 2017 05:50 AM

Old-school charm, bespoke luxury in BT Weekend

IN The Business Times' Weekend magazine tomorrow, read about how China's "...
PUBLISHED Feb 17, 2017 05:50 AM
SINGAPORE BUDGET 2017

Lifting of property cooling measures seen unlikely

THOSE hoping for any lifting of property cooling measures may be in for a non-event if...
PUBLISHED Feb 17, 2017 05:50 AM
SINGAPORE BUDGET 2017

Two PAP wings offer recommendations for Budget debates

THE People's Action Party (PAP) youth wing and the party's policy forum have...
PUBLISHED Feb 17, 2017 05:50 AM

Hri Kumar Nair appointed Deputy Attorney-General

HRI Kumar Nair has been appointed Deputy Attorney-General for a three-year term, the...
PUBLISHED Feb 17, 2017 05:50 AM

Singapore evaluating when, how best to impose carbon pricing

SINGAPORE is set to impose a carbon price as it looks to cut greenhouse emissions to meet...
PUBLISHED Feb 17, 2017 05:50 AM

A price on carbon emissions

The idea of a carbon price is increasingly gaining favour with governments as countries...
PUBLISHED Feb 17, 2017 05:50 AM

OUE launches takeover offer for IHC

INDONESIA'S Riady family is on a shopping spree of sorts...
PUBLISHED Feb 17, 2017 05:50 AM

F&B enterprises to be offered tech solutions, mentors, workshops

LOCAL food and beverage (F&B) entrepreneurs and micro-enterprises will soon get...
PUBLISHED Feb 17, 2017 05:50 AM

Income inequality gap narrows, household income growth slows

THE gap in income disparity in Singapore is the smallest in a decade while the average...
PUBLISHED Feb 17, 2017 05:50 AM

Mapletree Investments acquires Oakwood Worldwide

MAPLETREE Investments has acquired US-based Oakwood Worldwide for an undisclosed sum as...
PUBLISHED Feb 17, 2017 05:50 AM

Malaysian economy up 4.5% in Q4 on domestic demand

MALAYSIA'S macro fundamentals are in better shape now after withstanding challenging...
PUBLISHED Feb 17, 2017 05:50 AM

STOCKS

STOCKS

DBS, ThaiBev shore up ST Index

AFTER gaining almost 10 per cent since the start of the year, it's perhaps natural...
PUBLISHED Feb 17, 2017 05:50 AM

COMPANIES & MARKETS

DBS Q4 profit falls 9% on surge in allowances

DBS Group Holdings on Thursday reported a 9 per cent fall to S$913 million in fourth-...
PUBLISHED Feb 17, 2017 05:50 AM

Rickmers Maritime's Q4 loss lower; auditor makes disclaimer

CONTAINER shipping-focused Rickmers Maritime posted a fourth-quarter net loss of US$48.44...
PUBLISHED Feb 17, 2017 05:50 AM

Civil penalties of S$100,000 each for two over SFA breaches

THE Monetary Authority of Singapore (MAS) announced on Thursday that the state courts had...
PUBLISHED Feb 17, 2017 05:50 AM

Groundbreaking ceremony held for Yoma Central in Yangon

SINGAPORE-LISTED conglomerate Yoma Strategic Holdings and First Myanmar Investment (FMI)...
PUBLISHED Feb 17, 2017 05:50 AM

Pacific Star Dev makes strong debut

PACIFIC Star Development, the new entity that emerged from a reverse takeover (RTO) of LH...
PUBLISHED Feb 17, 2017 05:50 AM

Chip Eng Seng flags better local housing vibes

CONSTRUCTION and property development group Chip Eng Seng flagged improved sentiment in...
PUBLISHED Feb 17, 2017 05:50 AM
HOCK LOCK SIEW

Dual-class shares: issue now is striking the right balance

THE Singapore Exchange (SGX) is now seeking public feedback on two fronts - first,...
PUBLISHED Feb 17, 2017 05:50 AM

ST Engineering's Q4 earnings rise 21% to S$170.4m

SINGAPORE Technologies Engineering (ST Engg) recorded a fourth-quarter net profit growth...
PUBLISHED Feb 17, 2017 05:50 AM

Finance sector emerges tops in Singapore 1000 rankings

SINGAPORE'S largest 1,000 companies have seen a fall in combined revenue and profit...
PUBLISHED Feb 17, 2017 05:50 AM
STOCKS

DBS, ThaiBev shore up ST Index

AFTER gaining almost 10 per cent since the start of the year, it's perhaps natural...
PUBLISHED Feb 17, 2017 05:50 AM

Brokers' take

With mega infrastructure projects pushing civil engineering demand, Hock Lian Seng's...
PUBLISHED Feb 17, 2017 05:50 AM
CURRENCIES

US$ retreats after 11 days of gains

THE US dollar broke an 11-day winning streak on Thursday, falling back against the euro,...
PUBLISHED Feb 17, 2017 05:50 AM

REAL ESTATE

Where a city sees decay, a fight to save a community

WHAT is left of Pleasant Ridge, a neighbourhood of prefabricated World War II-era homes,...
PUBLISHED Feb 17, 2017 05:50 AM

Developer to pay taxes for buyers of Manhattan condos

LUXURY developer Toll Brothers Inc has a deal for those shopping for a condo in Manhattan...
PUBLISHED Feb 17, 2017 05:50 AM

Toronto home sellers pull out as Bank of Montreal warns of housing bubble

CONVENTIONAL wisdom suggests that when prices soar for something, so does its supply -...
PUBLISHED Feb 17, 2017 05:50 AM

Equity seen as game-changer in Spain

IGNORE those million-plus empty new homes scattered across Spain, says a developer owned...
PUBLISHED Feb 17, 2017 05:50 AM

Australians able to service mortgage debt, says RBA official

THE bulk of mortgage debt in Australia is held by higher-income households best able to...
PUBLISHED Feb 17, 2017 05:50 AM

US home builders' sentiment slips in February

CONFIDENCE among US home builders dropped in February as rising interest rates dampened...
PUBLISHED Feb 17, 2017 05:50 AM

BANKING & FINANCE

Cash-rich Asian conglomerates scour for US fund deals

IN the investment management world these days, the deals are not coming from American or...
PUBLISHED Feb 17, 2017 05:50 AM

Chinese banking stocks stage surprise rally

CHINESE bank stocks have gone from cold to hot in a matter of days.
PUBLISHED Feb 17, 2017 05:50 AM

Big banks invest in automation, avoid hiring spree despite trading boom

MARKET trading is booming at US and European banks thanks to US President Donald Trump...
PUBLISHED Feb 17, 2017 05:50 AM

Pay of Credit Suisse's senior Asia-Pac investment bankers up 15%: sources

CREDIT Suisse Group AG raised some of its senior Asia-Pacific investment bankers'...
PUBLISHED Feb 17, 2017 05:50 AM

ENERGY & COMMODITIES

Oil, coal, iron ore demand could peak in 20 years

DEMAND for oil, coal and iron ore could peak in the next two decades as advances in...
PUBLISHED Feb 17, 2017 05:50 AM

ExxonMobil upgrades Singapore refinery

EXXONMOBIL, which owns the largest refinery in Singapore, is upgrading the facility to...
PUBLISHED Feb 17, 2017 05:50 AM

India taps newcomers to unlock oil and gas assets

INDIA approved awarding rights for 31 small discovered oil and gas fields in its first...
PUBLISHED Feb 17, 2017 05:50 AM

TECHNOLOGY

Europe's tech sector shrugs off uncertainty

THERE are plenty of reasons to avoid doing business in Europe: sluggish economic growth,...
PUBLISHED Feb 17, 2017 05:50 AM

Apple struggles to make big deals, hampering strategy shifts

"WE are always looking at acquisitions," Apple Inc chief executive officer Tim...
PUBLISHED Feb 17, 2017 05:50 AM

Samsung chief questioned behind closed doors in arrest warrant hearing

A SOUTH Korean judge questioned Samsung Group leader Lee Jae Yong and another executive...
PUBLISHED Feb 17, 2017 05:50 AM

CONSUMER

London restaurants face a world of pain in 2017

LONDON restaurateurs are looking to the future. And many don't like what they see...
PUBLISHED Feb 17, 2017 05:50 AM

Brexit's economic ripple effects felt from London to Bangladesh

SOME 8,000 kilometres from London's busy shopping districts, the economic ripple...
PUBLISHED Feb 17, 2017 05:50 AM

Boycott culture forces CEOs to walk tightrope in era of Trump

WHEN the Budweiser brand prepared to release a potentially controversial commercial two...
PUBLISHED Feb 17, 2017 05:50 AM

TRANSPORT

Rickmers Maritime's Q4 loss lower; auditor makes disclaimer

CONTAINER shipping-focused Rickmers Maritime posted a fourth-quarter net loss of US$48.44...
PUBLISHED Feb 17, 2017 05:50 AM

Hanjin saga reveals South Korea corporate governance flaws

HANJIN Shipping will declare bankruptcy on Friday, with the former titan of the global...
PUBLISHED Feb 17, 2017 05:50 AM

Uber gives staff a way to cash out with no IPO in sight

MANY long-time employees of Uber Technologies Inc are multi-millionaires, at least on...
PUBLISHED Feb 17, 2017 05:50 AM

Contract awarded for KL-S'pore high-speed rail devt partner

THE joint development partner (JDP) contract for the Kuala Lumpur-Singapore High Speed...
PUBLISHED Feb 17, 2017 05:50 AM

Fiat's jump contrasts with GM chief signalling desire to exit Europe

FIAT Chrysler Automobiles NV shares have outpaced General Motors Co (GM) in the initial...
PUBLISHED Feb 17, 2017 05:50 AM

GOVERNMENT & ECONOMY

Hong Kong widens lead over Singapore in free economy ranking

HONG Kong has been ranked the world's freest economy for the 23rd straight year,...
PUBLISHED Feb 17, 2017 05:50 AM

Yen rate unlikely to spur Japan-US currency friction, says ex-BOJ official

THE yen-dollar exchange rate is unlikely to become a source of serious friction between...
PUBLISHED Feb 17, 2017 05:50 AM

US labour secretary nominee withdraws as Republican senators turn against him

THE fast-food executive Andrew Puzder withdrew his nomination to be US labour secretary...
PUBLISHED Feb 17, 2017 05:50 AM
EDITORIAL

Graft, impunity in the Philippines raising the risks of doing business

SINCE Philippine President Rodrigo Duterte won the elections last May in a landslide,...
PUBLISHED Feb 17, 2017 05:50 AM

Regulate, not ban, lower risk tobacco products

SMOKING is probably the single largest avoidable cause of death and disease in Singapore...
PUBLISHED Feb 17, 2017 05:50 AM
THE BOTTOM LINE

Original idea of EU as economic union is worth keeping

THE UK Parliament has endorsed the decision to apply to leave the European Union (EU). So...
PUBLISHED Feb 17, 2017 05:50 AM

Healthcare sector needs to evolve

UNSURPRISINGLY, healthcare has been identified by the Committee on the Future Economy (...
PUBLISHED Feb 17, 2017 05:50 AM
COMMENTARY

Remaining TPP members should resurrect ambitious pact

THE Trans-Pacific Partnership among 12 nations (TPP12) was thrown into disarray after...
PUBLISHED Feb 17, 2017 05:50 AM

Opportune time to tweak tax policies to help vulnerable groups

THE Committee on the Future Economy has identified seven strategies for Singapore to stay...
PUBLISHED Feb 17, 2017 05:50 AM

DINING OUT

Looking for a story behind all the static

JUST like we can't decide which comes first, the chicken or the egg, we also can...
PUBLISHED Feb 17, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Dual-class shares: issue now is striking the right balance

THE Singapore Exchange (SGX) is now seeking public feedback on two fronts - first,...
PUBLISHED Feb 17, 2017 05:50 AM
EDITORIAL

Graft, impunity in the Philippines raising the risks of doing business

SINCE Philippine President Rodrigo Duterte won the elections last May in a landslide,...
PUBLISHED Feb 17, 2017 05:50 AM

Regulate, not ban, lower risk tobacco products

SMOKING is probably the single largest avoidable cause of death and disease in Singapore...
PUBLISHED Feb 17, 2017 05:50 AM
THE BOTTOM LINE

Original idea of EU as economic union is worth keeping

THE UK Parliament has endorsed the decision to apply to leave the European Union (EU). So...
PUBLISHED Feb 17, 2017 05:50 AM

Healthcare sector needs to evolve

UNSURPRISINGLY, healthcare has been identified by the Committee on the Future Economy (...
PUBLISHED Feb 17, 2017 05:50 AM
COMMENTARY

Remaining TPP members should resurrect ambitious pact

THE Trans-Pacific Partnership among 12 nations (TPP12) was thrown into disarray after...
PUBLISHED Feb 17, 2017 05:50 AM

Opportune time to tweak tax policies to help vulnerable groups

THE Committee on the Future Economy has identified seven strategies for Singapore to stay...
PUBLISHED Feb 17, 2017 05:50 AM

Lifestyle

Looking for a story behind all the static

JUST like we can't decide which comes first, the chicken or the egg, we also can...
PUBLISHED Feb 17, 2017 05:50 AM

'Variety is the spice of life' rings true in collecting wines

WHEN one first starts buying wine, particularly when building up a personal collection,...
PUBLISHED Feb 17, 2017 05:50 AM

Showcasing screen gems for the cinephile

SINGAPORE Cult and Underground Film Festival (SCUFF) returns for its second edition next...
PUBLISHED Feb 17, 2017 05:50 AM

Looking at unspeakable loss up close

WHAT becomes of someone who suffers a loss so unspeakable and is so consumed by grief...
PUBLISHED Feb 17, 2017 05:50 AM

A depiction of Jackie Kennedy at her most vulnerable

THE public fascination with women who occupy the White House - First Ladies who stand by...
PUBLISHED Feb 17, 2017 05:50 AM

Dynamic Dyson

AT the newly opened Dyson Technology Centre at Science Park 1, there is a James Dyson...
PUBLISHED Feb 17, 2017 05:50 AM

Singapore a special place for Satriani

SINGAPORE is special for Joe Satriani for more than one reason. For a start, his wife is...
PUBLISHED Feb 17, 2017 05:50 AM

More than just a trip down memory lane at Journey's show

COULD Journey be unwittingly writing the soundtrack to its own career all this time?...
PUBLISHED Feb 17, 2017 05:50 AM

Capturing the dark times of Singapore's war years

LOCAL oral history accounts and memoirs as well as everyday objects during the Japanese...
PUBLISHED Feb 17, 2017 05:50 AM

From a light art installation show to a lifestyle festival

THE light festival at Marina Bay is morphing from a mere light art installation show to a...
PUBLISHED Feb 17, 2017 05:50 AM

Revisiting exhibition in art book

PHOTOGRAPHER Ang Song Nian's exhibition at Deck might have ended, but you can still...
PUBLISHED Feb 17, 2017 05:50 AM

Manila magic

BY now, major art collectors have gotten used to squeezing into a small elevator to get...
PUBLISHED Feb 17, 2017 05:50 AM
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