Friday, Nov 24, 2017

TOP STORIES

BT EXCLUSIVE

Oxley close to buying Chevron House

OXLEY Holdings is in the advanced stages of stitching up a deal to buy Chevron House in...
PUBLISHED Nov 24, 2017 05:50 AM

A peek into designers' homes in BT Weekend

THEY spent their careers building houses for their clients, or providing the furnishings...
PUBLISHED Nov 24, 2017 05:50 AM

Hammond pumps £25b into UK economy to counter slowdown

BRITISH Finance Minister Philip Hammond is pumping £25 billion (S$45 billion) into the UK...
PUBLISHED Nov 24, 2017 05:50 AM

Basic pay for security officers to rise by S$300 over next 3 years; overtime exemption removed

THE government has accepted recommendations calling for higher monthly wages and shorter...
PUBLISHED Nov 24, 2017 05:50 AM

Raising private investments in S-EA infrastructure key, says World Bank

SOUTH-EAST ASIA has drawn increasing levels of investments into infrastructure...
PUBLISHED Nov 24, 2017 05:50 AM

S'pore-Jiangsu tie-up holds opportunities in trade, professional services

SINGAPORE firms that know the region well stand to gain from the city state's close...
PUBLISHED Nov 24, 2017 05:50 AM

Block71 Suzhou opens to boost tech business ties between Singapore and China

BLOCK71 Suzhou - an incubation space initiative in the Chinese city to promote tech...
PUBLISHED Nov 24, 2017 05:50 AM
SINGAPORE ECONOMY - COMMENTARY

Brighter outlook, but restructuring must continue

SINGAPORE'S economy is finally taking a turn for the better, which is welcome news...
PUBLISHED Nov 24, 2017 05:50 AM
SINGAPORE ECONOMY

Growth of digital sector value-add in Singapore outpaced overall economy from 2011-15

UNDERPINNED by the rising demand for digital goods and services from both individuals and...
PUBLISHED Nov 24, 2017 05:50 AM
SINGAPORE ECONOMY

Services rely on growth in manufacturing, but it doesn't cut both ways

THE manufacturing and services sectors have served as the twin engines fuelling Singapore...
PUBLISHED Nov 24, 2017 05:50 AM
SINGAPORE ECONOMY

Singapore: on track to stronger growth

Singapore's economy is on track for stronger-than-expected growth this year, lifted...
PUBLISHED Nov 24, 2017 05:50 AM

COMPANIES & MARKETS

Penguin pledges S$10m to debt-laden Marco Polo Marine

PENGUIN International's executive chairman Jeffrey Hing said that the listed entity...
PUBLISHED Nov 24, 2017 05:50 AM

Hoe Leong unveils debt restructuring plan

HEAVY equipment maker Hoe Leong Corporation has unveiled more details on its plans to...
PUBLISHED Nov 24, 2017 05:50 AM

No Signboard prices IPO at S$0.28 a share, valuing company at S$129.5m

THE COMPANY behind the No Signboard Seafood chain of restaurants will raise about S$35...
PUBLISHED Nov 24, 2017 05:50 AM

Malaysia's Felda Global returns to profit in third quarter

MALAYSIA'S Felda Global Ventures Bhd (FGV), the world's No 3 palm plantation...
PUBLISHED Nov 24, 2017 05:50 AM

Singapore's neighbours are catching up in IPO leaderboard

SINGAPORE is on track to keep its spot at the top of the South-east Asia IPO leaderboard...
PUBLISHED Nov 24, 2017 05:50 AM

ThaiBev FY profit up 38.5%

THAI Beverage reported net profit of 34.7 billion baht (S$1.43 billion) for the 12 months...
PUBLISHED Nov 24, 2017 05:50 AM

DBS jumps to 8th spot in Asia ex-Japan bond stakes

DBS Bank has leapfrogged over some of Wall Street's bulge bracket firms to take a...
PUBLISHED Nov 24, 2017 05:50 AM

Corporate digest

SHAREHOLDERS of Swiber Holdings have agreed to a proposed rights cum warrants issue, with...
PUBLISHED Nov 24, 2017 05:50 AM

Singapore has 'good start' in bid to become debt restructuring hub

SINGAPORE has made "a good start" in its bid to become a debt restructuring hub...
PUBLISHED Nov 24, 2017 05:50 AM

Overwhelming response to MindChamps IPO

MINDCHAMPS PreSchool Limited, the largest operator and franchiser of premium preschool...
PUBLISHED Nov 24, 2017 05:50 AM

Capital World acquires right to develop Johor township for RM63m

CATALIST-LISTED property developer Capital World is acquiring a joint development right...
PUBLISHED Nov 24, 2017 05:50 AM
STOCKS

Thanksgiving slump extends across Asia

THURSDAY proved glum for equities here, as Thanksgiving lethargy in the US extended...
PUBLISHED Nov 24, 2017 05:50 AM

Brokers' take

All three telecommunications service providers (telcos) reported declines in earnings for...
PUBLISHED Nov 24, 2017 05:50 AM
CURRENCIES

Dollar struggles in Asia on Fed rate hike uncertainty

THE dollar struggled on Thursday in Asia following the previous day's losses as...
PUBLISHED Nov 24, 2017 05:50 AM

REAL ESTATE

Trump Organization to exit NY SoHo hotel

US President Donald Trump's family company said its management and licensing...
PUBLISHED Nov 24, 2017 05:50 AM

Emaar Development IPO takes a beating due to M-E geopolitical risk

GEOPOLITICAL risk in the Middle East took a toll on the debut of a stock linked to one of...
PUBLISHED Nov 24, 2017 05:50 AM

Keppel Land in JV to build two luxury condos in Bangkok's CBD

KEPPEL Land Limited, the property arm of Keppel Corporation, has entered into a joint...
PUBLISHED Nov 24, 2017 05:50 AM

Grand buildings help keep Macy's afloat

THE Macy's Thanksgiving Day Parade is an indelible holiday tradition. But the...
PUBLISHED Nov 24, 2017 05:50 AM

Britain slashes property purchase tax for first-time buyers

BRITISH Prime Minister Theresa May slashed property purchase taxes for first-time buyers...
PUBLISHED Nov 24, 2017 05:50 AM

BANKING & FINANCE

Offshore unit of China's HNA Group approaches liquidity crunch

THE short-term debts of HNA Group's main offshore fundraising arm are close to...
PUBLISHED Nov 24, 2017 05:50 AM

Banks hiring Thai wealth managers as country mints millionaires

WHEN Jittiwat Kantamala gave up his job as a private banker with Credit Suisse Group AG...
PUBLISHED Nov 24, 2017 05:50 AM

ENERGY & COMMODITIES

Elon Musk's giant battery ready for testing

BILLIONAIRE Elon Musk's giant battery being built in the Australian outback will be...
PUBLISHED Nov 24, 2017 05:50 AM

Pig farming in China's north-east going the whole hog

CHINA'S largest pig farming companies and new entrants are racing to build vast,...
PUBLISHED Nov 24, 2017 05:50 AM

Petronas' Q3 profit rises 64% on higher oil prices

MALAYSIAN state energy firm Petroliam Nasional Berhad on Thursday forecast a rise in full...
PUBLISHED Nov 24, 2017 05:50 AM

TECHNOLOGY

STB to draw up tech road map to make hotels 'smarter'

FACING changing consumer demands and technological disruption in the sector, the...
PUBLISHED Nov 24, 2017 05:50 AM

Did you fall for Russian propaganda? Facebook will show you

FACEBOOK on Wednesday said that it will help people see if they liked or followed posts...
PUBLISHED Nov 24, 2017 05:50 AM

Rollback of net neutrality protections has small US businesses worried

DAVID Callicott needs to be online to run his small company, GoodLight Natural Candles in...
PUBLISHED Nov 24, 2017 05:50 AM

CONSUMER

Rolling Stone's S'pore shareholder wants to buy the magazine

THE 29-year-old founder of Singapore's BandLab Technologies Ltd said that he wants...
PUBLISHED Nov 24, 2017 05:50 AM

Fewer complaints about financial institutions in Singapore

FINANCIAL institutions (FIs) here can have a couple more reasons to feel cheery as...
PUBLISHED Nov 24, 2017 05:50 AM

TRANSPORT

Aston Martin heads for first pre-tax profit in 7 years with hot new model

ASTON Martin is on course to post its first annual pre-tax profit since 2010, powered by...
PUBLISHED Nov 24, 2017 05:50 AM

'Sorry Lewis' - premium flyers foot bill for freezing taxes in economy class

TRAVELLERS flying long-haul from Britain in private planes and the premium cabins of...
PUBLISHED Nov 24, 2017 05:50 AM
COMMENTARY

US airlines' Gulf war may score some serious artillery

AMERICAN airlines' assault on their Gulf rivals just stepped up a level. The big...
PUBLISHED Nov 24, 2017 05:50 AM

Eight rescued after US Navy aircraft crashes off Japan

RESCUERS plucked eight people to safety on Wednesday south of Japan after a US Navy...
PUBLISHED Nov 24, 2017 05:50 AM

GOVERNMENT & ECONOMY

Malaysia rate bets fuel ringgit gains as sceptics point to polls

INVESTORS taking a bet on the Malaysian ringgit need to first guess when Prime Minister...
PUBLISHED Nov 24, 2017 05:50 AM

Many Federal Reserve members favour near-term rate hike: minutes

A MAJORITY of US central bankers favour raising benchmark interest rates in the near term...
PUBLISHED Nov 24, 2017 05:50 AM

Eurozone business growth roars with Germany leading the pride

EUROZONE business growth is roaring ahead as the year draws to a close, surveys showed on...
PUBLISHED Nov 24, 2017 05:50 AM

With a grim Brexit budget, Hammond hushes critics for now

A GRIM Brexit budget that slashed growth forecasts but gave young voters a tax break on...
PUBLISHED Nov 24, 2017 05:50 AM

OPINION

HOCK LOCK SIEW

Yoma counters Myanmar's headwinds with diverse business, strong governance

MYANMAR'S mixed economic outlook and bloated property market weigh on Yoma Strategic...
PUBLISHED Nov 24, 2017 05:50 AM

America's love-hate affair with a hashtag

DURING the late 1960s when I was in high-school (so now you can figure out my age), I...
PUBLISHED Nov 24, 2017 05:50 AM
THE BOTTOM LINE

Making sense of bubbles in a frothy global economy

BUBBLE risks are back. There is no clear economic definition of what causes an asset...
PUBLISHED Nov 24, 2017 05:50 AM
EDITORIAL

Unintended costs of "de-risking" by banks must be mitigated

SINCE the global financial crisis of 2008, financial institutions have endured a slew of...
PUBLISHED Nov 24, 2017 05:50 AM

Correcting misconceptions about meaning of 'offshore'

IN early November, a number of high-profile individuals were named in information...
PUBLISHED Nov 24, 2017 05:50 AM

Shaping the future of Emerging Asia with clean energy

CLEAN water, sanitation, health care, transport, lighting, cooking, heating - these are...
PUBLISHED Nov 24, 2017 05:50 AM

Look after older workers by taking measures to enhance workplace safety and health

THE reality of an ageing workforce is rapidly dawning upon Singapore. The numbers speak...
PUBLISHED Nov 24, 2017 05:50 AM

Lifestyle

A Japanese dinner that hits the spot

WHEN it comes to doing the limbo rock in restaurant pricing, it's hard to beat...
PUBLISHED Nov 24, 2017 05:50 AM

The culture is changing, with feminist cheese

LAST year, Erin Bligh, the proprietor of Dancing Goats Dairy in Newbury, Massachusetts,...
PUBLISHED Nov 24, 2017 05:50 AM

Not a nail-biting battle, but fun to watch

TENNIS legend Billie Jean King was in her prime and playing for much more than a US$100,...
PUBLISHED Nov 24, 2017 05:50 AM

Call Me By Your Name is a visual feast

THE Sunset Marquis Hotel was a curious spot to interview Timothée Chalamet and Armie...
PUBLISHED Nov 24, 2017 05:50 AM

Taking in KL art scene in 3 days

AFTER two decades as an art adviser, Shalini Ganendra decided she wanted to bring greater...
PUBLISHED Nov 24, 2017 05:50 AM

Fossils and finds of the natural world

THE year-end show for the ArtScience Museum of Marina Bay Sands is a strong exhibition...
PUBLISHED Nov 24, 2017 05:50 AM

BREAKING NEWS

Aug 22, 2018 02:26 PM

Tokyo: Stocks close higher

[TOKYO] Tokyo stocks rose on Wednesday, helped by a halt in the dollar's weakness and rallies on Wall Street,...
Aug 22, 2018 02:22 PM

US, China to resume trade talks in Washington amid low expectations

[WASHINGTON] US and Chinese officials are set to resume contentious trade talks on Wednesday under the cloud of a...
Aug 22, 2018 01:16 PM

Typhoon forces Britain and Japan to cancel historic beach landing drill

[TOKYO] Britain and Japan cancelled a plan for a simulated amphibious beach assault near Mount Fuji this week that...
Aug 22, 2018 12:25 PM

Australia cancels livestock shipper's live export licence after sheep deaths at sea

[SYDNEY] Australia's government has cancelled the live export licence of the country's biggest livestock...
Aug 22, 2018 12:06 PM

Japan probes claim ministries cheated on disabled hiring quota

[TOKYO] Japan is investigating claims that ministries routinely overstated the number of disabled people on their staff...
Aug 22, 2018 11:57 AM

US feud helps Erdogan deflect blame for Turkey's economic woes

[ANKARA, Turkey] President Recep Tayyip Erdogan is exploiting a bitter row with the United States to pin the blame for...
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