Thursday, Sep 13, 2018

TOP STORIES

Horizon Towers' S$1.1 billion tender sale ends with no takers

THE tender for Horizon Towers - the first major en bloc exercise to close after July...
PUBLISHED Sep 13, 2018 05:50 AM

Guardians of our galaxy

THERE are plenty of buildings that stand out in Singapore, so why is there so much fuss...
PUBLISHED Sep 13, 2018 05:50 AM
BT EXCLUSIVE

Soilbuild joins US$5m early-stage funding round for fintech lender

HELICAP, a Singapore-based platform that offers funding to alternative lenders such as...
PUBLISHED Sep 13, 2018 05:50 AM

Asean needs to put pedal to metal on digital integration

SOUTH-EAST Asia must pick up the pace on digital policy even as the region presses on...
PUBLISHED Sep 13, 2018 05:50 AM

Retail sales fall in July after three months of growth

SINGAPORE retail sales were down in July, according to the latest figures from the...
PUBLISHED Sep 13, 2018 05:50 AM

Centennial falling granite: Owner wins suit against designer, sub-con

MILLENIA Pte Ltd, the owner of Centennial Tower, has won its lawsuit against the...
PUBLISHED Sep 13, 2018 05:50 AM

Lack of software developers hobbling growth

SINGAPORE'S economy could grow by an additional S$1.6 billion annually - if...
PUBLISHED Sep 13, 2018 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Regulators need to tighten reins on fintechs

THERE are no signs of real haste from global regulators in keeping financial technology (...
PUBLISHED Sep 13, 2018 05:50 AM

Buyer cuts purchase of SingHaiyi's San Jose condo units from 141 to 34

PROPERTY developer SingHaiyi Group said on Wednesday that a bulk sale of its units in a...
PUBLISHED Sep 13, 2018 05:50 AM

Low Keng Huat's Q2 earnings soar to S$4.2m

HIGHER profits from development more than offset lower profits from investment at Low...
PUBLISHED Sep 13, 2018 05:50 AM

Del Monte Pacific Q1 bottom line bolstered by one-off gain

BOOSTED by a one-off gain, food and beverage group Del Monte Pacific earned a net profit...
PUBLISHED Sep 13, 2018 05:50 AM

Serial System to sell stake in laundry business

SERIAL System will sell its stake in Australian laundry business SPL Holdings (Australia...
PUBLISHED Sep 13, 2018 05:50 AM

ACRA moves service counters to Revenue House

SINGAPORE'S businesses, companies and accounting regulator has moved its service...
PUBLISHED Sep 13, 2018 05:50 AM

Corporate digest

THE mainboard-listed metal alloys specialist said on Wednesday morning that it has...
PUBLISHED Sep 13, 2018 05:50 AM
SIAS 9TH CORPORATE GOVERNANCE WEEK 2018

Theme raises issue of whether CG is in step with business

THE Securities Investors Association (Singapore) will hold the 9th Singapore Corporate...
PUBLISHED Sep 13, 2018 05:50 AM
EMERGING ENTERPRISE

Big dreams for tiny houses

WHEN Adrian Chia was on holiday in Australia's picturesque Great Ocean Road several...
PUBLISHED Sep 13, 2018 05:50 AM
EMERGING ENTERPRISE

Giving old technology new life

WITH everything from health records to parking coupons and cash going digital in...
PUBLISHED Sep 13, 2018 05:50 AM
STOCKS

STI rises 0.47%, ends losing streak

THE Singapore market bucked the trend among regional markets to close slightly higher on...
PUBLISHED Sep 13, 2018 05:50 AM

Brokers' take

Kimly Ltd | BUY (maintained)
PUBLISHED Sep 13, 2018 05:50 AM
CURRENCIES

Dollar rally plateaus as trade war anxieties continue

THE dollar was largely unchanged on Wednesday as markets remained cautious over the...
PUBLISHED Sep 13, 2018 05:50 AM

REAL ESTATE

Late Saudi king's widow allowed to keep London mansion

A WIDOW of the late King Fahd Bin Abdulaziz Al-Saud of Saudi Arabia can hold on to a...
PUBLISHED Sep 13, 2018 05:50 AM

ARA in advanced talks for Manulife Centre

AN ENTITY linked to ARA Asset Management is said to be in advanced negotiations for the...
PUBLISHED Sep 13, 2018 05:50 AM

Singapore condo rents fall 0.1% in August from July; HDB rents rise 0.1%: SRX

RENTS for Singapore condominiums and private apartments - which had been unchanged since...
PUBLISHED Sep 13, 2018 05:50 AM

BANKING & FINANCE

Fitch downgrades 4 Turkish banks

FITCH ratings agency on Tuesday downgraded its assessment of four Turkish banks due to...
PUBLISHED Sep 13, 2018 05:50 AM

Carlyle Group said to be in talks to buy Sedgwick Claims

PRIVATE equity firm Carlyle Group LP is in talks to acquire Sedgwick Claims Management...
PUBLISHED Sep 13, 2018 05:50 AM

Carney joins UK government's back-up plans for Brexit

KEEPING Mark Carney at the Bank of England (BOE) is the latest installment in the UK...
PUBLISHED Sep 13, 2018 05:50 AM

ENERGY & COMMODITIES

Big oil faces 'monumental' costs to reach climate goals: JPMorgan

EUROPE'S largest oil companies must roughly double the amount of money they're...
PUBLISHED Sep 13, 2018 05:50 AM

Sapura to sell 50% stake in upstream business

MALAYSIA'S largest oil and gas services company Sapura Energy Bhd on Wednesday said...
PUBLISHED Sep 13, 2018 05:50 AM

Russia warns of 'fragile' oil market, but says it can raise output

GLOBAL oil markets remain "fragile" due to geopolitics and production declines...
PUBLISHED Sep 13, 2018 05:50 AM

TECHNOLOGY

245 public eating places to take 20 e-payment modes in one unified system

SINGAPORE electronic payment network Nets has been appointed the master acquirer for a...
PUBLISHED Sep 13, 2018 05:50 AM

Online firms may face EU fine if extremist posts stay up for over an hour

THE European Union's chief executive on Wednesday proposed fining Google, Facebook,...
PUBLISHED Sep 13, 2018 05:50 AM

CONSUMER

Gambling on Ronaldo and Madonna made this man a billionaire

TSUYOSHI Matsushita didn't know Cristiano Ronaldo or Madonna at all, but he somehow...
PUBLISHED Sep 13, 2018 05:50 AM

13 fresh chicken distributors hit with S$26.9m fine

THIRTEEN distributors of fresh chicken have been fined S$26.9 million for price-fixing...
PUBLISHED Sep 13, 2018 05:50 AM

Zero-gravity bottle lets tourists sip champagne in space

FUTURE space tourists may be able to toast the view from orbit with fine champagne, after...
PUBLISHED Sep 13, 2018 05:50 AM

TRANSPORT

In Tesla's shadow, China's NIO raises US$1b from IPO: sources

CHINESE electric vehicle startup NIO Inc priced its shares near the bottom of its...
PUBLISHED Sep 13, 2018 05:50 AM

Boeing's 737 production rebounds as it extends lead over Airbus

BOEING Co bounced back from a production snarl to deliver 48 single-aisle 737s in August...
PUBLISHED Sep 13, 2018 05:50 AM

Hard Brexit may cost thousands of jobs, warns Jaguar boss

JAGUAR Land Rover's chief executive warned Prime Minister Theresa May that a bad...
PUBLISHED Sep 13, 2018 05:50 AM

Airline fuel efficiency improves but lags industry goals - study

AIRLINE fuel efficiency on transatlantic flights has improved by one per cent a year...
PUBLISHED Sep 13, 2018 05:50 AM

Ryanair pilots, cabin crew in Germany stage strike

PILOTS and cabin crew at Ryanair in Germany staged a full-day walkout on Wednesday and...
PUBLISHED Sep 13, 2018 05:50 AM

GOVERNMENT & ECONOMY

Malaysia is just weeding out 'dubious' projects: Anwar

ANWAR Ibrahim, in line to become Malaysia's next prime minister, sought to reassure...
PUBLISHED Sep 13, 2018 05:50 AM

Trade war with US may cost China at least 700,000 jobs: JPMorgan

THE tariff battle with the US will probably cost China 700,000 jobs, or more in the event...
PUBLISHED Sep 13, 2018 05:50 AM

Asean set to seize opportunities from 4th Industrial Revolution: PM Lee

ASEAN is in a good position to seize the opportunities that the Fourth Industrial...
PUBLISHED Sep 13, 2018 05:50 AM

Gay sex ruling to free India's 'pink economy'

FROM LGBT nightclubs to "gaycations" and more, a court ruling legalising...
PUBLISHED Sep 13, 2018 05:50 AM

LIFE & CULTURE

COMPANY OF GOOD

CSR: core values and business strategies

GOOGLE corporate social responsibility or CSR and you will find images of a pair of hands...
PUBLISHED Sep 13, 2018 05:50 AM

Building a zest for entrepreneurship

THE Young Founders School (YFS), a technology-focused educational non-profit organisation...
PUBLISHED Sep 13, 2018 05:50 AM

OPINION

How China can respond to a changing US

VISITING the US recently, I was told by virtually every American I met that attitudes...
PUBLISHED Sep 13, 2018 05:50 AM
THE BOTTOM LINE

Why we don't prepare for the future

DOES America adapt by crisis or consensus? Do we spontaneously change because we see we...
PUBLISHED Sep 13, 2018 05:50 AM
EDITORIAL

Asia may need to brace itself for a prolonged trade war threat

A CONFLUENCE of potent factors - chiefly brewing trade hostilities between the world...
PUBLISHED Sep 13, 2018 05:50 AM

The slippery slope of regulating social media

THE promise of the Internet, and social media in particular, was that not only would it...
PUBLISHED Sep 13, 2018 05:50 AM
COMMENTARY

Multilateralism, though effective, needs constant reform

AMID ongoing attacks by US President Donald Trump, the battle for the future of...
PUBLISHED Sep 13, 2018 05:50 AM
COMMENTARY

Companies should calculate the costs of data breaches

CREATING a secure and resilient cyberspace is becoming a more complex and costly...
PUBLISHED Sep 13, 2018 05:50 AM
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