Friday, Jan 19, 2018

TOP STORIES

Singapore startups to step up 2018 fund-raising for global expansion: KPMG

SINGAPORE startups are likely to step up their canvassing for venture capital (VC)...
PUBLISHED Jan 19, 2018 05:50 AM

The dash for durians in BT Weekend

DURIANS. Love 'em or hate 'em, they look like a treasure trove now as demand...
PUBLISHED Jan 19, 2018 05:50 AM

China's economic growth picks up in 2017

CHINA'S economy grew 6.9 per cent last year, its first year-on-year acceleration...
PUBLISHED Jan 19, 2018 05:50 AM

Fight over defects at The Sail condo to be heard in court next month

A LONG-RUNNING dispute between the owners of The Sail@Marina Bay and City Developments...
PUBLISHED Jan 19, 2018 05:50 AM
SINGAPORE BUDGET 2018

Singapore Budget 2018: Tax experts' wish list - tax perks for R&D, training, innovation & fintech

THE Singapore Institute of Accredited Tax Professionals (SIATP) has called for the...
PUBLISHED Jan 19, 2018 05:50 AM

Singaporeans split over how to fund higher social spending for seniors: Poll

ARE you willing to pay more taxes to fund higher social spending for the elderly? Or...
PUBLISHED Jan 19, 2018 05:50 AM

First review of Employment Act in 6 years

PROFESSIONALS, managers and executives (PMEs) earning more than S$4,500 a month may soon...
PUBLISHED Jan 19, 2018 05:50 AM

SIA focuses on digital transformation to reclaim world's No. 1 spot

SINGAPORE Airlines (SIA) will focus significantly on the digital realm this year, under...
PUBLISHED Jan 19, 2018 05:50 AM

FX payments firm to expand in the region through Singapore

FLYWIRE, an international payments firm that started in the US by helping international...
PUBLISHED Jan 19, 2018 05:50 AM

Car COE average monthly quota to shrink by 3.5% from February

THERE will be fewer Certificates of Entitlement (COEs) available for car buyers from...
PUBLISHED Jan 19, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

In a perfect storm, will Nam Cheong scheme creditors take a leap of faith?

CREDITORS of Nam Cheong, including holders of Singdollar notes, will cast their votes...
PUBLISHED Jan 19, 2018 05:50 AM

Spackman Entertainment appoints interim CEO

AN interim chief executive has been appointed by Spackman Entertainment Group, a month...
PUBLISHED Jan 19, 2018 05:50 AM

Oxley's Q2 profit down 45% on lower revenue, thinner margins

LOWER turnover and thinner margins for projects sold in the second fiscal quarter,...
PUBLISHED Jan 19, 2018 05:50 AM

ETC Singapore ends dispute with controlling shareholder via multi-point deal

CATALIST-listed Emerging Towns & Cities Singapore (ETC Singapore) has entered into a...
PUBLISHED Jan 19, 2018 05:50 AM

CapitaLand explores Wuhan integrated development

CAPITALAND on Thursday signed a memorandum of understanding (MOU) with the district...
PUBLISHED Jan 19, 2018 05:50 AM

Cache Logistics Trust's distributable income up 2.5% in Q4 to S$17.1m

CACHE Logistics Trust, which owns logistics warehouse properties in Singapore, China and...
PUBLISHED Jan 19, 2018 05:50 AM

Stratech to receive funds from controlling shareholders, plans to propose scheme of arrangement

THE Stratech Group, which is poised to receive funding from its controlling shareholders...
PUBLISHED Jan 19, 2018 05:50 AM

Corporate digest

BREADTALK has signed a franchise agreement with Bakekneads, a part of the Som Datt Group...
PUBLISHED Jan 19, 2018 05:50 AM

Brokers' take

We are optimistic that investors will over time appreciate the Reit's strategy to...
PUBLISHED Jan 19, 2018 05:50 AM
STOCKS

Traders hold back as STI slips again

AN abundance of caution put a crimp on the Singapore equities market on Thursday, as the...
PUBLISHED Jan 19, 2018 05:50 AM
CURRENCIES

Dollar recovers but diversification plays weigh

THE dollar edged higher on Thursday after plumbing a three-year low hit earlier in the...
PUBLISHED Jan 19, 2018 05:50 AM

REAL ESTATE

Bullying accusations afflict Trump International

MOST of the unit owners in the Trump International Hotel & Tower Panama want to get...
PUBLISHED Jan 19, 2018 05:50 AM

After Irma, Barbudans fear their lifestyle may be lost forever

MONTHS after Hurricane Irma blazed its destructive path through the Caribbean, the once...
PUBLISHED Jan 19, 2018 05:50 AM

UK house price gauge up from 4-year low

A KEY gauge of British house prices unexpectedly picked up last month from its lowest...
PUBLISHED Jan 19, 2018 05:50 AM

China's new home prices up in most cities despite govt curbs

CHINA home prices rose in most cities in six months even as the government prolonged its...
PUBLISHED Jan 19, 2018 05:50 AM

Contract signed for work on world's tallest skyscraper in Jeddah

REAL estate developers seeking to build the world's tallest skyscraper in Jeddah...
PUBLISHED Jan 19, 2018 05:50 AM

Italian villa owned by Napoleon's sister up for sale

AFTER Napoleon's defeat at the Battle of Waterloo, his siblings were in a bind. ...
PUBLISHED Jan 19, 2018 05:50 AM

BANKING & FINANCE

China tightens rules on insurers to fight local government debt fears

CHINESE authorities have tightened rules on how insurers can provide financing to local...
PUBLISHED Jan 19, 2018 05:50 AM

Bank of Korea holds policy rate steady with inflation below goal

SOUTH Korea's central bank left its key interest rate unchanged on Thursday as...
PUBLISHED Jan 19, 2018 05:50 AM

South Korea mulls shutting down all virtual currency exchanges

SOUTH Korea's financial regulator chief said in a national policy committee meeting...
PUBLISHED Jan 19, 2018 05:50 AM

ENERGY & COMMODITIES

NEWS ANALYSIS

Shady triangle: South-east Asia's illegal fuel market

AN ALLEGED oil heist in Singapore that has already led to 20 arrests, and the seizure of...
PUBLISHED Jan 19, 2018 05:50 AM

China's average daily steel output falls to 1-year low

CHINA'S average daily steel output fell 1.9 per cent in December from the previous...
PUBLISHED Jan 19, 2018 05:50 AM

China's December coal output hits 2-year high

CHINA'S December coal output rose from November to hit its highest level since...
PUBLISHED Jan 19, 2018 05:50 AM

TECHNOLOGY

Microsoft sees need for laws, regulations on advances in Artificial Intelligence

THE rapidly advancing area of artificial intelligence will require a new field of law and...
PUBLISHED Jan 19, 2018 05:50 AM

Apple plans new US campus; to pay US$38b in tax on foreign cash

APPLE will open a new campus as part of a five-year, US$30 billion US investment plan and...
PUBLISHED Jan 19, 2018 05:50 AM

Intel says problem in patches for Spectre, Meltdown security flaws extends to newer chips

DATA centre computers with Intel's newer chips might reboot more often than normal...
PUBLISHED Jan 19, 2018 05:50 AM

CONSUMER

Kweichow Moutai running out of liquor

YOU know you are in Maotai when you smell it. The picturesque town of about 100,000 in...
PUBLISHED Jan 19, 2018 05:50 AM

Chinese jeweller Chow Tai Fook aims to woo 'hip millennials'

CHOW Tai Fook Jewellery Group plans to embark on its biggest effort in decades to add new...
PUBLISHED Jan 19, 2018 05:50 AM

Macau dealer wanted for suspected theft of HK$48m

POLICE in the world's largest gambling hub of Macau are hunting for a dealer...
PUBLISHED Jan 19, 2018 05:50 AM

Nestle to launch ruby chocolate KitKat in Asia

NESTLE will launch a ruby chocolate version of its Kitkat brand in Japan and South Korea...
PUBLISHED Jan 19, 2018 05:50 AM

TRANSPORT

Uber-ComfortDelGro service - UberFlash - starts today

A MONTH after ride-hailing firm Uber and taxi operator ComfortDelgro announced their...
PUBLISHED Jan 19, 2018 05:50 AM

Google, Temasek 'join big names investing in Indonesia's Go-Jek'

ALPHABET''S Google, Singapore state investor Temasek Holdings and Chinese...
PUBLISHED Jan 19, 2018 05:50 AM

Indian firms cut out of the action in building country's bullet train

JAPANESE steel and engineering companies are in the driver's seat to bag major...
PUBLISHED Jan 19, 2018 05:50 AM

Global air traffic reaches record levels in 2017, thanks to budget airlines

BUDGET carriers continued to push global air traffic to new record levels last year, the...
PUBLISHED Jan 19, 2018 05:50 AM

Hapag-Lloyd sees shipping transport demand up, more mergers in 2018

GERMAN shipping group Hapag-Lloyd sees demand for transport growing 4 per cent in 2018...
PUBLISHED Jan 19, 2018 05:50 AM

BMW, Daimler top eco-survey; Subaru is last

AS automakers pour billions of dollars into preparing for electric vehicles and stricter...
PUBLISHED Jan 19, 2018 05:50 AM

GOVERNMENT & ECONOMY

Singapore lays out 5 economic priorities as Asean chair

THE digital economy and trade facilitation are two of five key economic areas that...
PUBLISHED Jan 19, 2018 05:50 AM

US firms optimistic but labour shortages constrain growth: Fed

AMERICAN businesses are upbeat about 2018, but more widespread difficulties finding...
PUBLISHED Jan 19, 2018 05:50 AM
LATEST US DATA

Housing starts fall 8.2% in December

US homebuilding fell more than expected in December, recording its biggest drop in just...
PUBLISHED Jan 19, 2018 05:50 AM

India to raise health spend by 11% in budget, less than sought

INDIA is poised to raise its public health spending by 11 per cent in the annual budget...
PUBLISHED Jan 19, 2018 05:50 AM

Bundesbank chief hits back at Lagarde's criticism of German surpluses

JENS Weidmann hit back at criticism of Germany's current-account and budget...
PUBLISHED Jan 19, 2018 05:50 AM

LIFE & CULTURE

Amateur Foo turns on a pro round

THE Rolex clock showed 8.20. Unlike the previous five mornings, the sun peeped out of the...
PUBLISHED Jan 19, 2018 05:50 AM

Shenzhen to double WTA Finals prize money to US$14m

THE southern Chinese city of Shenzhen will host the WTA Finals from 2019 for a decade...
PUBLISHED Jan 19, 2018 05:50 AM

Want to buy the Golden Globes dresses? Try eBay

AFTER serving as vehicles for a mass statement on sexual harassment and pay inequity,...
PUBLISHED Jan 19, 2018 05:50 AM

OPINION

EDITORIAL

Tackling fake news requires more than just legislation

ALTERNATIVE facts, fabricated news, falsehoods or dodgy narratives. If anything, 2017 has...
PUBLISHED Jan 19, 2018 05:50 AM

Differences in senior ranks affect managers

IN almost all but the smallest businesses, middle managers play a crucial - yet often...
PUBLISHED Jan 19, 2018 05:50 AM
THE BOTTOM LINE

Does the Fed need a new playbook?

THE record of economists, including those at the Federal Reserve, over the past half...
PUBLISHED Jan 19, 2018 05:50 AM

Global economy in 2018 : Will geopolitics trump economics?

THE start of the year seems to be an appropriate time to reflect on the geopolitical...
PUBLISHED Jan 19, 2018 05:50 AM
COMMENTARY

Is less better when it comes to SGX's reporting framework review?

THE recent call for public consultation on the quarterly reporting framework by the...
PUBLISHED Jan 19, 2018 05:50 AM

Eurozone's 'doom loop' has gone into reverse, and may stick around for a bit

DURING the 2011-2012 euro crisis, the currency area became mired in a "doom loop...
PUBLISHED Jan 19, 2018 05:50 AM

Lifestyle

ISHI holds its own among its peers

WHEN it comes to competition, sushi restaurants in Singapore have it tougher than most...
PUBLISHED Jan 19, 2018 05:50 AM

Twin peaks

IT is not often that such wine "Everests" as Comtes Lafon's Montrachet...
PUBLISHED Jan 19, 2018 05:50 AM

The Pursuit Of Less

BEN LIU CAN TELL YOU exactly how much - or perhaps how many - clothes he has: "Five...
PUBLISHED Jan 19, 2018 05:50 AM

Preloved Buys

Flea markets may be a dime a dozen, but The Luggage Market aims to up the game. For one,...
PUBLISHED Jan 19, 2018 05:50 AM

Oscar Potential

Steven Spielberg's The Post is set in 1971 but it may as well have been set today,...
PUBLISHED Jan 19, 2018 05:50 AM

Skewering Suburbia

Set in a 1950s suburban American home, The Neighbor's Grief Is Greener is a bold and...
PUBLISHED Jan 19, 2018 05:50 AM

Remembering Kim Lim

Kim Lim died in 1997, leaving behind a legacy of unique sculpture, print and drawing...
PUBLISHED Jan 19, 2018 05:50 AM

Royal Slice

New Year celebrations continue into February at TWG Tea, with its rendition of the King...
PUBLISHED Jan 19, 2018 05:50 AM

Funny Guys

Fans of Asian stand-up comedy take note: Netflix is releasing three specials starring...
PUBLISHED Jan 19, 2018 05:50 AM

Fun Fry

You've had tempura, so now get your fill of that other Japanese fried favourite -...
PUBLISHED Jan 19, 2018 05:50 AM

Perfect Foresight

There are 285 million people worldwide affected by blindness and visual impairment. And...
PUBLISHED Jan 19, 2018 05:50 AM
PROMOTION

Colour Coding

Marimekko is a design house celebrated worldwide for its original prints and colours...
PUBLISHED Jan 19, 2018 05:50 AM

Alexander Payne

THERE'S A CERTAIN kind of pressure that comes from being known as a film-lover'...
PUBLISHED Jan 19, 2018 05:50 AM

Festive Feasting

Start the Year of the Dog on a delicious and auspicious note ...
PUBLISHED Jan 19, 2018 05:50 AM

Power Packed

How many times have you attended a meeting and seen the presenter fumble with pairing...
PUBLISHED Jan 19, 2018 05:50 AM

Pride Of Place

When a well-known designer passes away, it's inevitable that his or her works become...
PUBLISHED Jan 19, 2018 05:50 AM

The Whimsical Designer

FOR FRENCH ARTIST-DESIGNER Hubert Le Gall, age is just a number. He is 57 years old, but...
PUBLISHED Jan 19, 2018 05:50 AM

8 Style Tips For 2018

It's the outerwear to own this spring - but don't pair it with sporty separates...
PUBLISHED Jan 19, 2018 05:50 AM

A Black And White Story

WITH THEIR DARK timber beams and whitewashed walls, black and white houses are a...
PUBLISHED Jan 19, 2018 05:50 AM

BREAKING NEWS

Jun 23, 2018 02:17 PM

Why some Saudi women will keep their driving licences a secret

[RIYADH] Saudi Arabia's monarch may have opened the door for Saudi women like Shahd to start driving, but she...
Jun 23, 2018 02:09 PM

Xiaomi puts indefinite delay on CDRs in blow to China's plans for tech listings

[HONG KONG] Chinese smartphone maker Xiaomi Corp said on Saturday there is no timeframe for a mainland share offering,...
Jun 23, 2018 01:52 PM

Vietnam busts 600b dong online betting ring: state media

[HANOI] Vietnamese police broke up an online football gambling ring worth around S$35 million, arresting four people as...
Jun 23, 2018 01:12 PM

Switzerland beats Serbia in a game tinged with history and politics

[KALININGRAD, Russia] It was Xherdan Shaqiri's right boot that made the headlines before his match on Friday, but...
Jun 23, 2018 12:57 PM

Ten days after Trump-Kim summit hard work yet to begin

[WASHINGTON] The landmark summit between President Donald Trump and North Korean leader Kim Jong Un ended with a pledge...
Jun 23, 2018 12:52 PM

Uber operator watching The Voice before self-driving crash in Tempe, Arizona

[ARIZONA] The backup "safety driver" in an Uber Technologies self-driving vehicle that killed a pedestrian in...
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