Wednesday, Mar 14, 2018

TOP STORIES

Grab Financial could disrupt banking sector

BANKS might soon be the next taxis. Grab's new fintech platform Grab Financial -...
PUBLISHED Mar 14, 2018 05:50 AM

CDL prices penthouses at New Futura from S$39.8m each

CITY DEVELOPMENTS is pricing its two penthouses at New Futura in Leonie Hill Road from S$...
PUBLISHED Mar 14, 2018 05:50 AM

Changi Airport, STB, Qantas ink S$5m deal to boost visitor flows

THE Singapore Tourism Board (STB), airport operator Changi Airport Group (CAG) and Qantas...
PUBLISHED Mar 14, 2018 05:50 AM

President Halimah Yacob approves Budget 2018

PRESIDENT Halimah Yacob has given her assent to this year's Supply Bill, supported...
PUBLISHED Mar 14, 2018 05:50 AM

Trump sacks Tillerson, names CIA's Pompeo as Secretary of State

US Secretary of State Rex Tillerson was ousted Tuesday after a turbulent tenure with...
PUBLISHED Mar 14, 2018 05:50 AM

Trump blocks Broadcom's takeover of Qualcomm

US President Donald Trump has blocked microchip maker Broadcom's proposed US$117...
PUBLISHED Mar 14, 2018 05:50 AM
OPINION

AGM tips for board members

AS A board member, a key highlight of the year is the annual general meeting (AGM).
PUBLISHED Mar 14, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Will SoReal Prop give incumbents a run for their money?

IT FELT surreal witnessing the launch of SoReal Prop, an online platform initiative that...
PUBLISHED Mar 14, 2018 05:50 AM

MAS, CAD extend joint investigations to all capital markets, financial advisory offences

THE Monetary Authority of Singapore (MAS) and the police's white-collar crime unit,...
PUBLISHED Mar 14, 2018 05:50 AM

SGX proposes changes to Derivatives Clearing Fund requirements

THE Singapore Exchange has proposed two key changes to the rules guiding the SGX-...
PUBLISHED Mar 14, 2018 05:50 AM

Ezra gets High Court nod for cross-border protocol on bankruptcy proceedings

THE High Court on Tuesday approved an application by Ezra Holdings for a cross-border...
PUBLISHED Mar 14, 2018 05:50 AM

Alliance Mineral Assets terminates services of CEO and his wife

AUSTRALIAN mining company Alliance Mineral Assets (AMAL) has terminated the services of...
PUBLISHED Mar 14, 2018 05:50 AM

Boustead Singapore's substantial shareholder disposes entire stake

SUBSTANTIAL shareholder and former deputy chairman of Boustead Singapore Saiman Ernawan...
PUBLISHED Mar 14, 2018 05:50 AM

Volkswagen CEO's pay package soars on record group profit

VOLKSWAGEN group's record earnings drove up chief executive Matthias Mueller's...
PUBLISHED Mar 14, 2018 05:50 AM

ShawKwei eyes returns from Gaylin in 5 years

PRIVATE equity (PE) firm ShawKwei & Partners expects its equity investment in Gaylin...
PUBLISHED Mar 14, 2018 05:50 AM

Noble's options narrow as saga heads for March 20 bond maturity crunch

THE moment of truth is approaching for Noble Group Ltd.
PUBLISHED Mar 14, 2018 05:50 AM
STOCKS

STI rises 0.4% ahead of key US data

THE local bourse's key Straits Times Index (STI) defied expectations after it...
PUBLISHED Mar 14, 2018 05:50 AM

Brokers' take

GSS Energy (GSS) has adopted a dividend policy of at least 20 per cent of profit after...
PUBLISHED Mar 14, 2018 05:50 AM
CURRENCIES

Dollar slides on tame US inflation data, Tillerson ouster

THE dollar fell against most major currencies on Tuesday after US inflation data for...
PUBLISHED Mar 14, 2018 05:50 AM

REAL ESTATE

Healthcare benefits for PropNex agents and their dependants

REAL estate agents from PropNex, Singapore's largest real estate agency, will be...
PUBLISHED Mar 14, 2018 05:50 AM

Oxley in final negotiations to sell block in Ireland project

OXLEY Holdings is in the final stage of negotiations to sell a 300-year lease of a block...
PUBLISHED Mar 14, 2018 05:50 AM

Singapore condo resale prices up 1.9% in Feb; units sold rise 11.3%: SRX

RESALE prices of condominiums and private apartments in Singapore continued to accelerate...
PUBLISHED Mar 14, 2018 05:50 AM

China likely to see first real Reit this year: DBS Vickers

INVESTMENT bank DBS Vickers said on Tuesday that China is likely to launch the first...
PUBLISHED Mar 14, 2018 05:50 AM

BANKING & FINANCE

Next Goldman CEO could be a banker who moonlights as a DJ

AS bake-offs go it was pretty unusual: A part-time disc jockey and a karate black belt...
PUBLISHED Mar 14, 2018 05:50 AM

ING scraps plan to raise CEO pay after public, political outcry

TOP Dutch financial services company ING Groep NV on Tuesday scrapped a planned 50 per...
PUBLISHED Mar 14, 2018 05:50 AM

ENERGY & COMMODITIES

German utility deal turns coal veteran RWE into green giant

GERMANY'S biggest energy producer is grabbing onto a lifeline from the clean energy...
PUBLISHED Mar 14, 2018 05:50 AM
COMMENTARY

LNG is the new shale oil with US as disruptor-in-chief

CRUDE oil is likely to spring to mind if one is asked to name a commodity where the...
PUBLISHED Mar 14, 2018 05:50 AM

TECHNOLOGY

Singapore tops global smart city performance ranking in 2017: study

BY beating London and New York, Singapore has emerged top in a global smart city...
PUBLISHED Mar 14, 2018 05:50 AM

Certis, Eutech launch IoT facilities management solution, eye overseas markets

SECURITY group Certis and technology SME firm Eutech Cybernetic have partnered to launch...
PUBLISHED Mar 14, 2018 05:50 AM

CONSUMER

Asian countries most upbeat about their economies: PwC

ASIAN countries are the most optimistic about the state of their economies this year and...
PUBLISHED Mar 14, 2018 05:50 AM

USDA scraps plans for higher standards for organic eggs

THE US Department of Agriculture scrapped proposed rules on Monday that for the first...
PUBLISHED Mar 14, 2018 05:50 AM

China's biggest food company looks to partnering rivals instead of fighting them

CHINA'S largest food company is open to partnering with its competitors as it seeks...
PUBLISHED Mar 14, 2018 05:50 AM

TRANSPORT

STRAIT TALK

IMO celebrates 70 years of regulating sector

TUESDAY last week was 70 years to the day since the treaty establishing what is now the...
PUBLISHED Mar 14, 2018 05:50 AM

CAAS partners Searidge Tech to explore AI use in air traffic management

THE Civil Aviation Authority of Singapore (CAAS) announced it will conduct research into...
PUBLISHED Mar 14, 2018 05:50 AM

GOVERNMENT & ECONOMY

NEWS ANALYSIS

Are China's constitutional changes for the better?

ON Sunday in Beijing, China's parliamentary delegates overwhelmingly voted on the...
PUBLISHED Mar 14, 2018 05:50 AM

2 Singapore firms illegally sent luxury goods to N Korea: UN report

A LEAKED draft of a United Nations report claims that two Singapore companies have...
PUBLISHED Mar 14, 2018 05:50 AM

Bangladesh PM woos Singapore companies with economic and land incentives

BANGLADESHI Prime Minister Sheikh Hasina on Tuesday went all out in her bid to woo...
PUBLISHED Mar 14, 2018 05:50 AM
LATEST US DATA

Inflation firms in February, without major acceleration

US consumer prices continued to firm in February, indicating inflation is creeping up...
PUBLISHED Mar 14, 2018 05:50 AM

LIFE & CULTURE

TAKING HEART

Working toward an inclusive society with GIC

MORE often than not, music is viewed as a force of good; presenting individuals from...
PUBLISHED Mar 14, 2018 05:50 AM

Metropolitan Opera sacks legendary conductor James Levine after abuse probe

NEW York's Metropolitan Opera announced on Monday it fired legendary conductor James...
PUBLISHED Mar 14, 2018 05:50 AM

EXECUTIVE MONEY

Most-feared traders threaten Treasuries once again

E CRAIG Coats Jr never set out to be a bond vigilante. As the former head of Salomon...
PUBLISHED Mar 14, 2018 05:50 AM

Sea change under way in money markets for banks, investors

WHILE many fixed-income investors may be focused on the spectre of higher long-term...
PUBLISHED Mar 14, 2018 05:50 AM

OPINION

Super Apps shaping the future of finance

THE traditional boundaries of the financial services industry are gradually becoming...
PUBLISHED Mar 14, 2018 05:50 AM
EDITORIAL

Insurance co-payment may not solve issue of over-consumption

THE Singapore government's plan to mandate a minimum 5 per cent co-payment for new...
PUBLISHED Mar 14, 2018 05:50 AM
THE BOTTOM LINE

The world is falling apart but there's room for optimism

A FEW years ago - probably four or five - I had an unexpected and terrifying thought: We...
PUBLISHED Mar 14, 2018 05:50 AM

Lessons from Singapore companies in Sub-Saharan Africa

OVER the past few years, business leaders and investors have become increasingly aware of...
PUBLISHED Mar 14, 2018 05:50 AM
COMMENTARY

Have we dodged the secular-stagnation bullet?

IN 2016, Northwestern University's Robert Gordon published his 700-plus-page magnum...
PUBLISHED Mar 14, 2018 05:50 AM
COMMENTARY

Trump can learn from Albright about North Korea talks

THE next few episodes of the Donald Trump show should be riveting. Last week, the South...
PUBLISHED Mar 14, 2018 05:50 AM

BREAKING NEWS

Jun 18, 2018 09:28 PM

Sysma unit secures S$37.7m for construction of Pasir Panjang residential development

SYSMA Construction, a unit of Catalist-listed Sysma Holdings, has secured a S$37.7 million contract with Oxley Amber...
Jun 18, 2018 09:02 PM

No Signboard to acquire remaining 20% stake in Danish Breweries for S$400,000

NO Signboard Holdings announced that it has acquired the remaining 20 per cent stake in Danish Breweries for S$400,000.
Jun 18, 2018 08:55 PM

Kingsmen unit awarded S$29m in contracts

KINGSMEN Creatives - which designs booths and other exhibition structures for events - said on Monday evening that its...
Jun 18, 2018 07:47 PM

Envictus International proposes rights cum warrants issue of up to 113.5m new shares

ENVICTUS International Holdings announced that the company is undertaking a rights cum warrants issue of up to 113.5...
Jun 18, 2018 07:41 PM

More execs from Raffles United provide bonds to CAD over potential breaches

RAFFLES United Holdings provided further updates on Monday that several of its top executives have  provided a bond to...
Jun 18, 2018 06:49 PM

Lian Beng unit snags S$95.8m deal for construction of condo at Flora Drive

A UNIT of mainboard-listed construction firm Lian Beng Group on Monday snagged a contract - worth S$95.8 million - for...
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