Thursday, Feb 14, 2019

TOP STORIES

SINGAPORE BUDGET 2019

Tech talent programmes, R&D tax perks top startups' wishlist

AS THE local startup scene matures, industry players hope that this year's Budget...
PUBLISHED Feb 14, 2019 05:50 AM

Oscar crystal ball is here

YOU may be a big Netflix fan, but there's still nothing like the full movie...
PUBLISHED Feb 14, 2019 05:50 AM

After 3 record years, tourism may lose some steam in 2019

AFTER three years of record highs in visitor arrivals and tourism spending, the Singapore...
PUBLISHED Feb 14, 2019 05:50 AM

Activity in SGX's iron ore derivatives picks up after Brazil tragedy

THE Singapore Exchange's commodity derivatives space saw activity romp upwards,...
PUBLISHED Feb 14, 2019 05:50 AM

Growth in Singapore household per capita income slows in 2018

GROWTH in household income per head slowed last year, despite a shrinking number of...
PUBLISHED Feb 14, 2019 05:50 AM

ARA sells six levels at Suntec City for about S$160m to Alpha Investment Partners

THE wave of office investment sales continues as investors ride on the Singapore office...
PUBLISHED Feb 14, 2019 05:50 AM

European Parliament nod for free trade, partnership pacts with Singapore

THE European Parliament has given the green light to a landmark trade agreement with...
PUBLISHED Feb 14, 2019 05:50 AM
PARLIAMENT

Regulator ensures firms give accurate financial data but cannot prevent their failure: Ong Ye Kung

UNTIL its near-collapse last year, Singapore-listed Noble Group was one of Asia's...
PUBLISHED Feb 14, 2019 05:50 AM

Choices will be the theme for Asean bond markets in 2019

GOING by January developments, 2019 looks to be a year of heightened volatility with risk...
PUBLISHED Feb 14, 2019 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

CGAC: did MAS cast net wide enough?

SINGAPORE this week launched its first permanent, industry-led body, whose purpose is to...
PUBLISHED Feb 14, 2019 05:50 AM

Potential investment for Emas Offshore called off

THE US$73.29 million proposed investment that the ailing Emas Offshore was looking...
PUBLISHED Feb 14, 2019 05:50 AM
STOCKS

STI gains on hopes of trade deadline extension

MARKETS looking for a boost from positive trade talk news got something like it on...
PUBLISHED Feb 14, 2019 05:50 AM

Brokers' take

Core net profit of RM31.3 million (S$10.4 million) is in line with expectations, coming...
PUBLISHED Feb 14, 2019 05:50 AM
CURRENCIES

Kiwi dollar, Swedish krona rise on central banks' remarks

THE New Zealand dollar and Sweden's crown rose after their central banks broke with...
PUBLISHED Feb 14, 2019 05:50 AM

Perennial Q4 profit dives 42% to S$16m as finance costs soar 64%

HIGHER finance costs took a toll on Perennial Real Estate Holdings' fourth-quarter...
PUBLISHED Feb 14, 2019 05:50 AM

Sats Q3 profit up 3.5% on growth in food solutions, gateway services

SATS' third-quarter net profit rose 3.5 per cent to S$68.9 million, following growth...
PUBLISHED Feb 14, 2019 05:50 AM

SGX wants Sunvic Chemical to keep equity sale proceeds in escrow

SINGAPORE Exchange Regulation (SGX RegCo) has directed Sunvic Chemical to place the 384.6...
PUBLISHED Feb 14, 2019 05:50 AM

ComfortDelGro ekes out 0.6% rise in profit despite poorer taxi, automotive engineering performances

TRANSPORT giant ComfortDelGro Corp posted a modest 0.6 per cent rise in net earnings to S...
PUBLISHED Feb 14, 2019 05:50 AM

Yoma swings to S$4.9m loss in Q3

MAINBOARD-listed Yoma Strategic Holdings swung to a fiscal third-quarter net loss of S$4...
PUBLISHED Feb 14, 2019 05:50 AM

Far East H-Trust's DPS up 3.1% in Q4

FAR East Hospitality Trust saw its distribution per stapled security (DPS) rise 3.1 per...
PUBLISHED Feb 14, 2019 05:50 AM
PUBLISHED Feb 14, 2019 05:50 AM

REAL ESTATE

Frasers Hospitality's long-time chief Choe Peng Sum retires

CHOE Peng Sum, who built up Frasers Hospitality to become one of the world's largest...
PUBLISHED Feb 14, 2019 05:50 AM

Condo rents up 1.9% in January: SRX

RENTS for condominiums and private apartments rose 1.9 per cent month on month in January...
PUBLISHED Feb 14, 2019 05:50 AM

Vibrant enters into sale and leaseback for Jurong Island property

VIBRANT Group's 51 per cent owned subsidiary, LTH Logistics (Singapore), has entered...
PUBLISHED Feb 14, 2019 05:50 AM
PARLIAMENT

Price of land in Singapore for public housing lower than that for private developments

THE average price of land paid for private housing developments bought through the...
PUBLISHED Feb 14, 2019 05:50 AM

2018 CBD Grade A office rents post highest increase since 2010: Colliers

TIGHTENING vacancies have driven up Singapore prime office rents in 2018. This saw...
PUBLISHED Feb 14, 2019 05:50 AM

US home-price gains slow in Q4 as inventory jumps

HOME-PRICE gains in the US slowed in the fourth quarter as more listings flooded onto the...
PUBLISHED Feb 14, 2019 05:50 AM

BANKING & FINANCE

Asset managers eye handsome yields in offshore Chinese bonds

AT BEA Union Investment in Hong Kong, Pheona Tsang is getting creative. The head of fixed...
PUBLISHED Feb 14, 2019 05:50 AM

Bad loans and money laundering curbs take toll on ABN Amro

RISING bad loans and a big investment in improving anti-money-laundering controls pushed...
PUBLISHED Feb 14, 2019 05:50 AM

China's yuan nears a critical juncture as trade talks loom

THE yuan is entering a critical period after posting its second-best monthly advance ever...
PUBLISHED Feb 14, 2019 05:50 AM

Chow Wan Thonh joins StanChart as head of global banking, Singapore

STANDARD Chartered Bank announced on Wednesday it has hired Chow Wan Thonh from rival...
PUBLISHED Feb 14, 2019 05:50 AM

ENERGY & COMMODITIES

Opec's 'shock and awe' will drive oil higher, says Goldman Sachs

GOLDMAN Sachs Group Inc is doubling down on its bullish outlook for oil.
PUBLISHED Feb 14, 2019 05:50 AM
COMMENTARY

Asia's oil refiners caught between Trump and Opec

ASIA'S oil refiners are increasingly finding themselves trapped between the rock of...
PUBLISHED Feb 14, 2019 05:50 AM

US, Germany defuse energy dispute, easing tensions

RELATIONS between the United States and Germany have mostly gone downhill since President...
PUBLISHED Feb 14, 2019 05:50 AM

Top managers unaware of dam risk report: Vale CFO

SENIOR management at Brazilian miner Vale were never shown internal security documents...
PUBLISHED Feb 14, 2019 05:50 AM

TECHNOLOGY

UK lawmakers launch probe into addictive tech

THE British lawmakers who fought with Facebook Inc executives throughout 2018 over the...
PUBLISHED Feb 14, 2019 05:50 AM

California governor proposes digital dividend aimed at Big Tech

CALIFORNIA Governor Gavin Newsom proposed a "digital dividend" that would let...
PUBLISHED Feb 14, 2019 05:50 AM

Tech firms failed to protect online abuse victims, says Dorsey

TWITTER Inc chief executive Jack Dorsey said on Tuesday that Silicon Valley companies,...
PUBLISHED Feb 14, 2019 05:50 AM

Pig and poultry farmers big winners in China's tech hub

THE big stock-market winners in China's technology hub of Shenzhen aren't...
PUBLISHED Feb 14, 2019 05:50 AM

CONSUMER

Global esports revenues set to top US$1b in 2019

GLOBAL esports revenues will hit US$1.1 billion in 2019, up 27 per cent since last year...
PUBLISHED Feb 14, 2019 05:50 AM

TRANSPORT

Tesla's latest competitor is an electric three-wheeler

IT'S all-electric like a Tesla. It's priced like a Ford Fiesta. It's one...
PUBLISHED Feb 14, 2019 05:50 AM

Amazon, GM in talks to invest in electric pickup maker Rivian: sources

AMAZON.COM Inc and General Motors Co (GM) are in talks to invest in Rivian Automotive LLC...
PUBLISHED Feb 14, 2019 05:50 AM

Tesla rushes Model 3 shipments to China before trade war truce expires

AT LEAST three ships roughly the length of two football fields are slated to arrive at...
PUBLISHED Feb 14, 2019 05:50 AM

Virgin Australia posts highest half-year profit in a decade

VIRGIN Australia Holdings Ltd posted its best half-year profit in a decade on Wednesday...
PUBLISHED Feb 14, 2019 05:50 AM

GOVERNMENT & ECONOMY

US economy 'strong' but benefits uneven: Powell

US Federal Reserve chairman Jerome Powell said the US economy is "strong"...
PUBLISHED Feb 14, 2019 05:50 AM
LATEST US DATA

US inflation little changed amid Fed patience on rates

A KEY measure of US inflation was little changed in January while the broader gauge...
PUBLISHED Feb 14, 2019 05:50 AM

Thaksin allies turn to Thai economy after princess shock

ALLIES of Thailand's exiled former prime minister Thaksin Shinawatra are seeking to...
PUBLISHED Feb 14, 2019 05:50 AM

It's May's deal or long Brexit delay, UK chief negotiator overheard saying in bar

BRITISH lawmakers will face a stark choice between Prime Minister Theresa May's...
PUBLISHED Feb 14, 2019 05:50 AM

'So far, so good,' Mnuchin says of trade talks in China

US Treasury Secretary Steven Mnuchin said talks with China went well on Wednesday, as the...
PUBLISHED Feb 14, 2019 05:50 AM

LIFE & CULTURE

Honouring girl power on Galentine's Day

FOR some people, facing the onslaught of Valentine's Day flowers, candy and...
PUBLISHED Feb 14, 2019 05:50 AM

ChildAid stars perform at Citibank Singapore's CNY lunch

FOURTEEN-YEAR-OLD Amanda Fu, one of the young talents from ChildAid, performed alongside...
PUBLISHED Feb 14, 2019 05:50 AM

Wire fox terrier wins crown at Westminster dog show

A WIRE fox terrier won "Best in Show" at the Westminster Kennel Club Dog Show...
PUBLISHED Feb 14, 2019 05:50 AM

OPINION

Developing the tech behind the traffic

IN 2018, Singaporeans clocked up 7.54 million rides a day on the country's MRT and...
PUBLISHED Feb 14, 2019 05:50 AM
THE BOTTOM LINE

Sharp shift to Fed dovishness

THE Federal Open Market Committee's (FOMC) decision to pause rate increases was long...
PUBLISHED Feb 14, 2019 05:50 AM
EDITORIAL

All options to shake Singapore bourse out of its lethargy should be considered

WHAT ails the local bourse? This is what many have been pondering as they watch liquidity...
PUBLISHED Feb 14, 2019 05:50 AM

Tackling the gaps in digital competence

WITH the launch of the national SkillsFuture movement in Singapore four years ago and the...
PUBLISHED Feb 14, 2019 05:50 AM

Brexit brinksmanship may see March 'nail-biter'

THERESA May updated Parliament on Brexit on Tuesday, highlighting her latest diplomatic...
PUBLISHED Feb 14, 2019 05:50 AM

BREAKING NEWS

Mar 25, 2019 06:30 PM

Daily Debrief: What Happened Today

Stories you might have missed
Mar 25, 2019 06:24 PM

Malaysia: Shares end lower on Monday

MALAYSIA share prices closed lower on Monday, with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 17.51...
Mar 25, 2019 06:18 PM

Ex-global director of McKinsey joins Singtel board

MAINBOARD-LISTED Singtel has brought McKinsey's former managing director on board its board...
Mar 25, 2019 06:08 PM

Sias urges Hyflux to chase Salim-Medco for updates on rescue deal

FIRST came a default notice from the national water agency, followed by an announcement that Hyflux's scheduled...
Mar 25, 2019 05:57 PM

Singapore shares slide 0.9% as global growth concerns mount

IT was a sea of red in Asia on Monday as markets faced a broad sell-off fuelled by worrying concerns about the global...
Mar 25, 2019 05:34 PM

Charges of cheating amid confusion over Thailand's election result

<p/> <p/> [BANGKOK] Two major political parties raised doubts on Monday about the accuracy of Thailand...
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