Thursday, Feb 08, 2018

TOP STORIES

BT EXCLUSIVE

WeWork set to grow Singapore footprint to over 300,000 sq ft

US-based co-working space provider WeWork, which launched its operations in Singapore...
PUBLISHED Feb 8, 2018 05:50 AM

Vacations made to order and Valentine's Day stories in the Weekend magazine

ARE you always looking for a personalised experience when you travel? Check out Friday...
PUBLISHED Feb 8, 2018 05:50 AM
SINGAPORE BUDGET 2018

Tax experts on how to burnish Singapore's status as Reit listing hub

TAX experts, in the run-up to Budget 2018, have tossed up a number of proposals to...
PUBLISHED Feb 8, 2018 05:50 AM
SINGAPORE BUDGET 2018

Singapore government still studying e-commerce tax: Indranee - Singapore Budget 2018

WITH less than two weeks to go till the unveiling of Budget 2018 on Feb 19, the...
PUBLISHED Feb 8, 2018 05:50 AM

Share of job vacancies for PMETs up in 2017

THE number of job vacancies declined for the third year in a row last year, but more were...
PUBLISHED Feb 8, 2018 05:50 AM
OPINION

Asean e-commerce - Hidden tigers meet tech dragons

WITH 158 million middle-class consumers, Asean is often seen as the next frontier for the...
PUBLISHED Feb 8, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

ATR signs 2 aircraft deals with S-E Asian firms

TURBOPROP aircraft manufacturer ATR drew eyeballs on Wednesday, with the signing of the...
PUBLISHED Feb 8, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

Embraer, Boeing still locked in tie-up talks

EMBRAER is still in talks with the world's biggest plane-maker, Boeing, on a...
PUBLISHED Feb 8, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

ST Aerospace JV wins conversion contract for 10 A321 aircraft

ELBE Flugzeugwerke (EFW) - a joint venture between ST Aerospace and Airbus - has landed a...
PUBLISHED Feb 8, 2018 05:50 AM

New funding to get SME staff better prepared for terror incident

BUSINESSES are being urged to have in place a plan in case of a terror attack, with...
PUBLISHED Feb 8, 2018 05:50 AM

Open COE surprises in latest tender

IN A RARE Turn, prices of Open COE - typically the highest at the end of each tender -...
PUBLISHED Feb 8, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Sapphire hit by HNA blues?

REMEMBER that delightfully fuzzy feeling when you walk into your hotel room and discover...
PUBLISHED Feb 8, 2018 05:50 AM

Ezion wins US$1.5b refinancing package from 6 secured lenders

OFFSHORE and marine group Ezion Holdings has secured a US$1.5 billion lifeline from its...
PUBLISHED Feb 8, 2018 05:50 AM

Pacific Radiance noteholders should reject revised restructuring proposal: OCBC

PACIFIC Radiance noteholders should reject the company's plan to redeem its bonds by...
PUBLISHED Feb 8, 2018 05:50 AM

SingHaiyi's Q3 net profit up 12.8%; revenue more than triples

SINGHAIYI Group on Wednesday posted a 12.8 per cent increase in net profit to S$1.4...
PUBLISHED Feb 8, 2018 05:50 AM

Unusual Ltd's profit up in Q3, buoyed by higher revenue

EVENTS production firm Unusual Ltd posted a net profit of S$2.5 million for the third...
PUBLISHED Feb 8, 2018 05:50 AM

Corporate digest

ENGINEERING services firm CSC Holdings narrowed its net loss to S$2.1 million from a net...
PUBLISHED Feb 8, 2018 05:50 AM

Olam to open cocoa powder plant outside Chicago

GLOBAL commodities trader Olam International Ltd is building a cocoa powder manufacturing...
PUBLISHED Feb 8, 2018 05:50 AM

SGX retail trades spike as investors pick up bargains

TUMULTUOUS markets might just offer the chance for a buying spree, stock watchers believe.
PUBLISHED Feb 8, 2018 05:50 AM

Japan Foods posts 73% rise in Q3 profit

STRONG revenue growth gave a fillip to the third-quarter results of Japan Foods Holding,...
PUBLISHED Feb 8, 2018 05:50 AM

Parkway Life Reit buys nursing home in Saitama prefecture for 1.5 billion yen

PARKWAY Life Reit on Wednesday announced the acquisition of a nursing rehabilitation...
PUBLISHED Feb 8, 2018 05:50 AM

ComfortDelGro unit acquires UK transport operator for £13.4m

COMFORTDELGRO Corporation is expanding its footprint in the United Kingdom through a new...
PUBLISHED Feb 8, 2018 05:50 AM
STOCKS

Calls to buy the dip cushion STI drop

SOME semblance of normalcy returned to the stock markets in Singapore and the region on...
PUBLISHED Feb 8, 2018 05:50 AM

Brokers' take

Singapore Technologies Engineering (STE) announced in Jan 18 that its aerospace arm (ST...
PUBLISHED Feb 8, 2018 05:50 AM
CURRENCIES

Euro drops on German finance minister news

THE euro slipped against a stronger dollar on Wednesday, on disappointment over reports...
PUBLISHED Feb 8, 2018 05:50 AM

REAL ESTATE

BT EXCLUSIVE

Singapore investors in UK project worry about costs of fixing fire hazard

SEVERAL Singapore investors have found themselves in a limbo over their units in a luxury...
PUBLISHED Feb 8, 2018 05:50 AM

Frasers Hospitality invests S$250m in serviced residence in Tokyo's Ginza

FRASERS Hospitality, part of Frasers Property Group, is investing S$250 million to...
PUBLISHED Feb 8, 2018 05:50 AM

Blackstone's Portugal bet pays off as malls become hot property

EVEN as many property investors were shunning Portugal during its bailout years, the...
PUBLISHED Feb 8, 2018 05:50 AM

BANKING & FINANCE

Market tests millennial traders who've never seen a crash

IN his career in finance - all seven years of it - Ben Kumar has seen some tough days...
PUBLISHED Feb 8, 2018 05:50 AM

Ping An Ventures to raise up to US$1.3b for healthcare investments

THE venture capital arm of China's largest insurer, Ping An, is targeting to raise...
PUBLISHED Feb 8, 2018 05:50 AM

Cryptocurrency rout could get worse: Goldman

THE tumble in cryptocurrencies that erased nearly US$500 billion of market value over the...
PUBLISHED Feb 8, 2018 05:50 AM

MAS expands digital identities options for bank account openings

AMID Singapore's push to attract more fintech firms and spur innovation, the...
PUBLISHED Feb 8, 2018 05:50 AM

ENERGY & COMMODITIES

Goldman still a raging bull on commodities

GOLDMAN Sachs Group Inc is standing by its very bullish call on commodities, saying that...
PUBLISHED Feb 8, 2018 05:50 AM

Report of lower US crude inventories gives lift to oil prices

OIL prices rose on Wednesday, lifted by a report that US crude inventories fell last week...
PUBLISHED Feb 8, 2018 05:50 AM

China's love affair with gold heating up on property riches

CHINA'S growing throng of affluent consumers is driving a rebound in demand for gold...
PUBLISHED Feb 8, 2018 05:50 AM

Rio Tinto full-year profit jumps 69%; announces US$1b buyback

GLOBAL miner Rio Tinto said on Wednesday that its full-year profit rose 69 per cent in...
PUBLISHED Feb 8, 2018 05:50 AM

TECHNOLOGY

World's biggest rocket soars towards Mars

THE world's most powerful rocket, SpaceX's Falcon Heavy, blasted off on...
PUBLISHED Feb 8, 2018 05:50 AM

Visionary's latest feat is to blast his car into space aboard his rocket

FROM cars to rockets, Elon Musk dreams big. On Tuesday, the South African-born...
PUBLISHED Feb 8, 2018 05:50 AM

Samsung to begin investing in 2nd domestic memory chip line

SAMSUNG Electronics Co Ltd has decided to begin investment to build a second memory chip...
PUBLISHED Feb 8, 2018 05:50 AM

Snapback for Snap on upside revenue surprise

SNAPCHAT parent company Snap Inc saw a big snapback in shares on Tuesday as the youth-...
PUBLISHED Feb 8, 2018 05:50 AM

CONSUMER

Wynn joins list of powerful men toppled by harassment claims

HE was the undisputed King of Las Vegas. His signature graced the side of the city's...
PUBLISHED Feb 8, 2018 05:50 AM

China supersizes pig farms to cut costs in world's top pork market

SURROUNDED by mountains in a remote part of south-western China, Xinguangan's first...
PUBLISHED Feb 8, 2018 05:50 AM
COMMENTARY

It's not just luxury handbags that are wildly overpriced

MARKETS are in turmoil, but the diamond-studded luxury goods juggernaut shows no signs of...
PUBLISHED Feb 8, 2018 05:50 AM

TRANSPORT

SINGAPORE AIRSHOW 2018

APAC will need 2,050 planes in 60-150-seat segment in next 20 years

BY 2036, the Asia-Pacific region is expected to take delivery of some 2,050 aircraft in...
PUBLISHED Feb 8, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

Mitsubishi aims to sell more than 1,000 small regional jets in 20 years

MITSUBISHI Aircraft Corp, which is developing a small regional jet, is aiming to sell...
PUBLISHED Feb 8, 2018 05:50 AM
SINGAPORE AIRSHOW 2018

Short hops

THE Civil Aviation Authority of Singapore (CAAS) announced that it will be working with a...
PUBLISHED Feb 8, 2018 05:50 AM

Nissan targeting sales of more than 1.6m vehicles in China this year

NISSAN Motor and its Chinese joint venture partner aim to sell over 1.6 million vehicles...
PUBLISHED Feb 8, 2018 05:50 AM

GOVERNMENT & ECONOMY

Pence: US to soon unveil 'toughest' sanctions on N Korea

US vice-president Mike Pence said on Wednesday that Washington would soon unveil its...
PUBLISHED Feb 8, 2018 05:50 AM

EU's defence funding demand may swell UK's Brexit bill

THE UK will be asked to make financial contributions to the European Union after Brexit...
PUBLISHED Feb 8, 2018 05:50 AM

ECB urges banks to clean up before next crisis

EUROZONE banks have made progress since the financial crisis, but must do more to put...
PUBLISHED Feb 8, 2018 05:50 AM

UK defence firms tout tech transfers in Asia

BRITISH defence companies seeking business in Asia are increasingly offering to transfer...
PUBLISHED Feb 8, 2018 05:50 AM

German politicians stitch together coalition deal

GERMAN Chancellor Angela Merkel's conservatives and the Social Democrats (SPD) on...
PUBLISHED Feb 8, 2018 05:50 AM

As US rattles sabre on trade, Asia bites its tongue on soft dollar

A YEAR after US President Donald Trump took office, heightened rhetoric out of Washington...
PUBLISHED Feb 8, 2018 05:50 AM

LIFE & CULTURE

Why do women chefs keep missing out on Michelin stars?

WOMEN may do the lion's share of cooking all over the world but when it comes to...
PUBLISHED Feb 8, 2018 05:50 AM

Game Of Thrones creators to go to 'a galaxy far, far away'

LUCASFILM on Tuesday announced plans for a new series of Star Wars films made by the team...
PUBLISHED Feb 8, 2018 05:50 AM

North Korean cheerleaders arrive in high spirits

THE cheerleaders were immediately ushered onto a convoy of buses and taken to their hotel...
PUBLISHED Feb 8, 2018 05:50 AM

OPINION

All we are saying is give peace a chance

THE NOMINATION of three Hong Kong activists for the Nobel Peace Prize by a group of US...
PUBLISHED Feb 8, 2018 05:50 AM
THE BOTTOM LINE

Carillion collapse: Picking up the pieces

CARILLION, one of the largest UK contracting firms and a major outsourcing contractor for...
PUBLISHED Feb 8, 2018 05:50 AM
EDITORIAL

SGX-Bursa link - details unknown but this time, it's different

Twenty years is a lifetime in the stock market but when the announcement was made on...
PUBLISHED Feb 8, 2018 05:50 AM

Shaking up Singapore's transfer pricing regime

WHEN the Inland Revenue Authority of Singapore (IRAS) published the first edition of the...
PUBLISHED Feb 8, 2018 05:50 AM

Pence mixes sabre rattling and sport in landmark trip

US Vice-President Mike Pence will attend the Winter Olympics opening ceremony on Friday...
PUBLISHED Feb 8, 2018 05:50 AM

Engaging Singapore's workforce of the future digitally

THE rise of millennials in the workforce and employee engagement had been hot topics for...
PUBLISHED Feb 8, 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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