Tuesday, Jan 23, 2018

TOP STORIES

Foreign workforce: take into account economic cycles

SINGAPORE'S shrinking resident population has many serious consequences, and it must...
PUBLISHED Jan 23, 2018 05:50 AM
COMMENTARY

Singapore Budget 2018: Do taxes really need to go up?

HIGHER taxes have become the talk of the town in the run-up to Budget 2018.
PUBLISHED Jan 23, 2018 05:50 AM

Leadership of Singapore mustn't become aged, renewal is key: DPM Teo

A CERTAIN vitality and energy are needed to lead a country, and the leadership of the...
PUBLISHED Jan 23, 2018 05:50 AM

Noble stock up on news of potential buyer

NOBLE Group stock was emboldened by news report that the embattled commodities trader...
PUBLISHED Jan 23, 2018 05:50 AM

Singapore firms still slow to adopt sustainability practices: survey

SINGAPORE mid-market enterprises (MMEs) - defined as companies with turnover of US$50...
PUBLISHED Jan 23, 2018 05:50 AM
PM LEE IN SRI LANKA

Singapore firms bullish after news of Sri Lanka FTA

A DAY after the Singapore-Sri Lanka free trade agreement (FTA) was announced, Singapore...
PUBLISHED Jan 23, 2018 05:50 AM
PM LEE IN SRI LANKA

Singapore think-tank helps Sri Lanka form action plan to clean up lake

ONE area of strong collaboration between Singapore and Sri Lanka is in the rejuvenation...
PUBLISHED Jan 23, 2018 05:50 AM
OPINION

Market concentration helping upend conventional wisdom

IN recent years, markets have become more concentrated as dominant players such as Amazon...
PUBLISHED Jan 23, 2018 05:50 AM

Record UK deal hints at strains in Malaysia's property sector

A SURPRISING proposal by two of Malaysia's largest state-owned investment funds to...
PUBLISHED Jan 23, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

JEP trade surge raises burning questions

THE Singapore stock market is not a fair one. Through the years, this writer has become...
PUBLISHED Jan 23, 2018 05:50 AM

FCOT Q1 DPU down 4.4% on lower occupancies

FRASERS Commercial Trust (FCOT) has posted a first-quarter distribution per unit (DPU) of...
PUBLISHED Jan 23, 2018 05:50 AM

Stable portfolio, new buys boost MLT's Q3

STABLE performance and new acquisitions gave a lift to results for industrial landlord...
PUBLISHED Jan 23, 2018 05:50 AM

Creditors give nod to Nam Cheong's schemes filed in Malaysia

SCHEME creditors on Monday granted Nam Cheong's two operating companies the green...
PUBLISHED Jan 23, 2018 05:50 AM
STOCKS

STI shrugs off US worries to end 0.54% up

MOST stocks in Singapore continued to extend the rally since the start of the year,...
PUBLISHED Jan 23, 2018 05:50 AM

Brokers' take

We reiterate our positive view on Singapore Exchange (SGX) given improved sentiment on...
PUBLISHED Jan 23, 2018 05:50 AM
CURRENCIES

Euro nears recent three-year high on dollar weakness

THE euro rose a third of a per cent on Monday on expectations that the European Central...
PUBLISHED Jan 23, 2018 05:50 AM

STE unit bags US$72m smart sensor network deal

SINGAPORE Technologies Electronics (ST Electronics) announced on Jan 22 that its unit,...
PUBLISHED Jan 23, 2018 05:50 AM

Man gets 4 months' jail for manipulating Wilton Resources share price

THE Singapore State Courts have sentenced Mok Piak Liang to four months' jail for...
PUBLISHED Jan 23, 2018 05:50 AM
HOT STOCK

SGX gains on hopes of market momentum

SHARES of Singapore Exchange (SGX) rose on Monday after the bourse operator said it would...
PUBLISHED Jan 23, 2018 05:50 AM

KIT's Q4 DPU flat at 0.93 Singapore cent

KEPPEL Infrastructure Trust (KIT) on Monday reported a distribution per unit (DPU) of 0...
PUBLISHED Jan 23, 2018 05:50 AM

Data centre acquisitions lift Keppel DC Reit's DPU

UNIT holders can cheer a slew of fresh data centre acquisitions, which helped to lift...
PUBLISHED Jan 23, 2018 05:50 AM

Son Ye-jin, represented by Spackman talent agency, to star in new K-drama

SPACKMAN Entertainment Group said on Monday that top-tier Korean actress Son Ye-jin,...
PUBLISHED Jan 23, 2018 05:50 AM

Corporate digest

LUM CHANG unit Lum Chang Building Contractors has won a tender for the construction of...
PUBLISHED Jan 23, 2018 05:50 AM

REAL ESTATE

Singapore startup 99.co buys Indonesia's property portal

SINGAPORE property search startup 99.co has acquired Indonesia's UrbanIndo, said to...
PUBLISHED Jan 23, 2018 05:50 AM

Singapore office rents expected to lead increases among Asian cities

SINGAPORE office rents are set to post the biggest gains among Asian cities as an...
PUBLISHED Jan 23, 2018 05:50 AM

Two more collective sale tenders launched

THE public tenders for two collective sale sites were launched on Monday, reflecting...
PUBLISHED Jan 23, 2018 05:50 AM

Domain says CEO resigns just two months after listing

AUSTRALIAN property website Domain Holdings Australia Ltd said its chief executive quit...
PUBLISHED Jan 23, 2018 05:50 AM

BANKING & FINANCE

Japanese retail investors pull out of bear fund as Nikkei hits 26-year peak

JAPANESE retail investors are pulling out of a popular bear market fund as a rally in the...
PUBLISHED Jan 23, 2018 05:50 AM

How a China bank branch foxed regulators and may force a market rethink

FOR years, a branch of a mid-sized Chinese bank outshone rivals by reporting zero bad...
PUBLISHED Jan 23, 2018 05:50 AM

Krung Thai Bank posts over 30% drop in 2017 profit

KRUNG Thai Bank Pcl, Thailand's fourth largest lender by assets, posted a more than...
PUBLISHED Jan 23, 2018 05:50 AM

SoftBank nears deal to invest in Ping An's health app

SOFTBANK Group is nearing a deal to invest about US$400 million in Ping An Insurance (...
PUBLISHED Jan 23, 2018 05:50 AM

Ex-China central banker joins rating firm for offshore push

PENGYUAN Credit Rating (Hong Kong) is building out a new team to analyse the credit...
PUBLISHED Jan 23, 2018 05:50 AM

ENERGY & COMMODITIES

Philadelphia Energy Solutions to file for bankruptcy: memo

PHILADELPHIA Energy Solutions LLC, the owner of the largest US East Coast oil refining...
PUBLISHED Jan 23, 2018 05:50 AM

US soya cargo to China traded using blockchain

A CARGO of US soyabeans shipped to China has become the first fully fledged agricultural...
PUBLISHED Jan 23, 2018 05:50 AM

Oil spill from sunken Iranian tanker now three times larger

THE spill from a sunken Iranian tanker off China's east coast has more than trebled...
PUBLISHED Jan 23, 2018 05:50 AM

Palladium flows from west to east to meet industry demand

FLOWS of palladium out of UK stocks to Hong Kong are picking up as demand from Asian...
PUBLISHED Jan 23, 2018 05:50 AM

TECHNOLOGY

Start-up nation: Macron's France lures US, UK tech

FRANCE was an unlikely choice of location for Mark Heath's new start-up, given that...
PUBLISHED Jan 23, 2018 05:50 AM

Toshiba considering IPO for memory chip unit: FT

TOSHIBA Corp is considering an IPO of its prized memory chip business if an agreed US$18...
PUBLISHED Jan 23, 2018 05:50 AM

As Facebook changes its feed, advertisers see video ambitions

FACEBOOK made waves in the media industry with its recent announcement that it would put...
PUBLISHED Jan 23, 2018 05:50 AM

Inside Amazon's store of the future: No lines, no cashiers

THE first clue that there's something unusual about Amazon's store of the...
PUBLISHED Jan 23, 2018 05:50 AM

CONSUMER

Live it up in Paris for US$1,000 a night at hotels fit for royalty

IN MOST cities, hotels are categorised on a five-star scale. Not Paris. Here, you'll...
PUBLISHED Jan 23, 2018 05:50 AM
COMMENTARY

Nike supplier risks own goal with US$1.4b buyout

THE world's biggest shoemaker risks scoring an own goal. ...
PUBLISHED Jan 23, 2018 05:50 AM

Hedi Slimane taking over the reins at Céline

HEDI Slimane, one of the most successful but also controversial designers of his...
PUBLISHED Jan 23, 2018 05:50 AM

TRANSPORT

NTU, BlueSG launch fast-charging, all-electric shuttle

A FULLY-electric, 22-seat shuttle that takes only 20 seconds to recharge will ply between...
PUBLISHED Jan 23, 2018 05:50 AM

Singapore competition panel to refine checks on airline alliance pacts

THE Competition Commission of Singapore (CCS) is looking to refine the way airlines...
PUBLISHED Jan 23, 2018 05:50 AM

Airbus's superjumbo finds new life on Malaysia Airlines pilgrim trips

MALAYSIA Airlines Bhd's Airbus SE A380s are flying full on trial services taking...
PUBLISHED Jan 23, 2018 05:50 AM

Billionaire Gupta sets sights on making electric cars in Australia

BRITISH industrialist Sanjeev Gupta is set to bid for industrial assets at General Motors...
PUBLISHED Jan 23, 2018 05:50 AM

It's a battle against ice and time for ships in the northern Great Lakes

AN INTRICATE boat ballet plays out each January on the frigid waters of the northern...
PUBLISHED Jan 23, 2018 05:50 AM

GOVERNMENT & ECONOMY

Saudi graft settlements may top US$100b

SAUDI ARABIA is winding down a controversial anti-corruption drive that led to dozens of...
PUBLISHED Jan 23, 2018 05:50 AM

Growth obsession is fuelling inequality around world: WEF

ECONOMISTS and policy makers are relying too much on gross domestic product as a measure...
PUBLISHED Jan 23, 2018 05:50 AM

Singapore and France to deepen tie-ups in fintech and smart cities

SINGAPORE and France have much common ground as they deepen their collaboration in...
PUBLISHED Jan 23, 2018 05:50 AM

'Billionaire bonanza' driving huge global inequality, says Oxfam

FOUR out of every five dollars of wealth generated last year ended up in the pockets of...
PUBLISHED Jan 23, 2018 05:50 AM

Abe avoids timeline for revising pacifist constitution

JAPANESE Prime Minister Shinzo Abe opened a new session of Parliament on Monday with...
PUBLISHED Jan 23, 2018 05:50 AM

LIFE & CULTURE

OCBC Cycle 2018 to offer 2,000 Mobikes in first-of-its-kind tie-up

CYCLISTS who do not own a bicycle or have trouble transporting a bicycle will not have to...
PUBLISHED Jan 23, 2018 05:50 AM

No end to eyesores at Taj Mahal as repair work drags on

TOURIST Muskan Mahuwakar pictured the Taj Mahal as a dazzling vision of symmetry and...
PUBLISHED Jan 23, 2018 05:50 AM

SME

Embrace change - and thrive

"TO DEAL with change, change" seemed a good way to open a discussion on the...
PUBLISHED Jan 23, 2018 05:50 AM

Singapore businesses must engage with Gen Z consumers

WITH different influences shaping their attitudes and values, how do young Singaporeans...
PUBLISHED Jan 23, 2018 05:50 AM

OPINION

EDITORIAL

Trump's 'America First' policy may not go down so well at Davos meet

THE eyes and ears of the world will be trained on the tiny snow-covered Swiss town of...
PUBLISHED Jan 23, 2018 05:50 AM

Will populist Trump re-emerge in 2018?

IMAGINE that former Florida Governor Jeb Bush had won the Republican presidential...
PUBLISHED Jan 23, 2018 05:50 AM
THE BOTTOM LINE

US should raise its tech base in global race for knowledge

THE National Science Foundation (NSF) and the National Science Board have just released...
PUBLISHED Jan 23, 2018 05:50 AM

Remuneration: Get basics right and avoid pitfalls

ON Jan 11, we released our first report on remuneration practices for 609 companies with...
PUBLISHED Jan 23, 2018 05:50 AM
COMMENTARY

US global cooperation may help to improve world affairs

THE World Economic Forum (WEF) starts its annual meeting in Davos on Tuesday with key...
PUBLISHED Jan 23, 2018 05:50 AM
COMMENTARY

2018 should be another good year for US

THE US and European media and political establishment remain in denial about Donald Trump...
PUBLISHED Jan 23, 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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