Friday, Feb 15, 2019

TOP STORIES

BT EXCLUSIVE

RB Capital said to be in exclusive due diligence on Andaz hotel at Duo

RB Capital is understood to be conducting exclusive due diligence for Andaz Singapore at...
PUBLISHED Feb 15, 2019 05:50 AM

Reshaping the luxury landscape

THESE could well be the best of times, and the worst of times, for the luxury goods...
PUBLISHED Feb 15, 2019 05:50 AM

EDB to back corporate ventures with strategy, networking, capital

LARGE corporates looking to start new enterprises can get strategic advice, networking...
PUBLISHED Feb 15, 2019 05:50 AM
SINGAPORE BUDGET 2019

Budget to focus on helping companies embrace tech, train workers to lift productivity: Heng

IT is imperative that enterprises continue to deepen their capabilities so they can stay...
PUBLISHED Feb 15, 2019 05:50 AM
STARTUPS

Circles.Life to expand into Taiwan, Australia in 2019

IN A bid to expand into other markets and build on its digital service capabilities,...
PUBLISHED Feb 15, 2019 05:50 AM

How OCBC busts the fear factor over jobs upheaval

THERE is fear that plagues some employees at OCBC when it comes to tackling the sensitive...
PUBLISHED Feb 15, 2019 05:50 AM

ST Engineering, DSO set up JV in satellite analytics

ST Engineering is setting up a joint venture company with DSO National Laboratories with...
PUBLISHED Feb 15, 2019 05:50 AM

China Jan trade better than feared but CNY holiday likely skewed data

CHINA'S exports unexpectedly returned to growth in January after a shock decline the...
PUBLISHED Feb 15, 2019 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

DBS mirrors Singapore's success in harnessing talent from within and without

SINGAPORE is a young nation, only 54 years old and DBS Group Holdings is only slightly...
PUBLISHED Feb 15, 2019 05:50 AM

Singtel sees full-year Ebitda dip after posting 14% fall in Q3 profit

SINGTEL management lowered its expectations for the telco giant on Thursday, as third-...
PUBLISHED Feb 15, 2019 05:50 AM

StarHub to cut dividend after Q4 earnings miss

STARHUB is slashing its dividends for 2019, while earnings for 2018 fell below street...
PUBLISHED Feb 15, 2019 05:50 AM

UOB's TMRW banking to beat today's competition

UNITED Overseas Bank (UOB) will stake its claim in the digital banking space in Asean, by...
PUBLISHED Feb 15, 2019 05:50 AM

Corporate digest

Net profit for property developer Bukit Sembawang Estates for the Q3 ended Dec 31 leapt...
PUBLISHED Feb 15, 2019 05:50 AM

SIA's Q3 profit dips 27%, hurt by higher fuel bill and share of losses in JVs

NATIONAL carrier Singapore Airlines' bottomline for the third quarter sank 27 per...
PUBLISHED Feb 15, 2019 05:50 AM

First Sponsor Q4 profit up 36.5% to S$58m

FIRST Sponsor Group's fourth-quarter net profit rose 36.5 per cent to S$58.2 million...
PUBLISHED Feb 15, 2019 05:50 AM
STOCKS

Stronger China data boosts local bourse

SINGAPORE stocks on Thursday extended gains from the previous day on better China trade...
PUBLISHED Feb 15, 2019 05:50 AM

Brokers' take

Valuetronics reported a decent Q3 FY19, with profit after tax and minority interests (...
PUBLISHED Feb 15, 2019 05:50 AM
CURRENCIES

Hopes of progress in US-China talks lift euro

THE euro rose from a three-month low on Thursday as hopes of progress in China-US trade...
PUBLISHED Feb 15, 2019 05:50 AM

REAL ESTATE

COMMENTARY

External risks remain key threat to developed Asia-Pacific economies

POSITIVE domestic drivers such as the strength of personal consumption and expansionary...
PUBLISHED Feb 15, 2019 05:50 AM

US mortgage applications drop further despite falling rates

US MORTGAGE applications declined for a fourth consecutive week even as some home...
PUBLISHED Feb 15, 2019 05:50 AM

Manhattan landlords shrink freebies, raise rents as demand grows

MANHATTAN landlords got a glimpse of light at the end of a long, dark tunnel in January...
PUBLISHED Feb 15, 2019 05:50 AM

Carpenter preserves old Shanghai, one nail at a time

CARPENTER Ma Jiale has spent much of his working life lovingly repairing some of Shanghai...
PUBLISHED Feb 15, 2019 05:50 AM

IHG buys Six Senses Hotels business for US$300m

INTERCONTINENTAL Hotels Group has agreed to buy the brands and operating companies of Six...
PUBLISHED Feb 15, 2019 05:50 AM

BANKING & FINANCE

Head of Japan bank lobby urges review of BOJ policy framework

THE head of Japan's bank lobby on Thursday urged the Bank of Japan (BOJ) to review...
PUBLISHED Feb 15, 2019 05:50 AM

Credit Suisse trading losses eclipse wealth management gains

TIDJANE Thiam's three-year restructuring at Credit Suisse Group ended with the bank...
PUBLISHED Feb 15, 2019 05:50 AM

KL gives insurers until April to comply with foreign ownership rules

MALAYSIA has given foreign-owned insurance companies until April to outline their plans...
PUBLISHED Feb 15, 2019 05:50 AM

BOS ties up with India's Edelweiss to tap wealth market

BANK of Singapore (BOS), one of Asia's biggest private banks, is partnering with...
PUBLISHED Feb 15, 2019 05:50 AM

ENERGY & COMMODITIES

Energy firms do better when CEO pay isn't tied to production

OIL and gas companies continue to link executive pay to the discovery of energy resources...
PUBLISHED Feb 15, 2019 05:50 AM

China's January iron ore imports rise on pre-holiday restocking

CHINA'S iron ore imports climbed 5.3 per cent in January from December, customs data...
PUBLISHED Feb 15, 2019 05:50 AM

Norway gives go-ahead for controversial Arctic copper mine

NORWAY'S government approved on Thursday the building of a copper mine near Europe...
PUBLISHED Feb 15, 2019 05:50 AM

CEOs of US nuclear energy firms ask Trump to help them sell N-power plants abroad

US nuclear energy developers on Tuesday met with President Donald Trump and asked for...
PUBLISHED Feb 15, 2019 05:50 AM

TECHNOLOGY

Hacked versions of iPhone apps being distributed

SOFTWARE pirates have hijacked technology designed by Apple Inc to distribute hacked...
PUBLISHED Feb 15, 2019 05:50 AM

Online platforms to compensate creators under new EU rules

ONLINE platforms will be required to compensate publishers and creators for the content...
PUBLISHED Feb 15, 2019 05:50 AM

Hedge fund billionaire invests in Swedish AI startup

EUCLIDEAN Capital, the family office of hedge fund billionaire James Simons, is leading a...
PUBLISHED Feb 15, 2019 05:50 AM

Google to spend US$13b on data centres, offices across US

ALPHABET Inc's Google plans to spend US$13 billion on data centers and offices...
PUBLISHED Feb 15, 2019 05:50 AM

CONSUMER

Walmart turns to gig drivers for same-day grocery deliveries

JEFF Leonard slides behind the wheel of his burgundy Hyundai Accord and heads to a nearby...
PUBLISHED Feb 15, 2019 05:50 AM

New York non-profit organisation looks to combat textile waste

THE fashion industry generates tons of fabric waste each year, notably in New York - one...
PUBLISHED Feb 15, 2019 05:50 AM

Treasury Wine uncorks record profit

AUSTRALIA'S Treasury Wine Estates Ltd toasted yet another record half-year profit,...
PUBLISHED Feb 15, 2019 05:50 AM

New book asserts exercise 'recovery' is mostly bogus

WHEN health journalist Christie Aschwanden was travelling the world as a competitive ski...
PUBLISHED Feb 15, 2019 05:50 AM

TRANSPORT

HK port slips from global top five for first time

HONG KONG's port, which once vied with rival Singapore for global dominance, has...
PUBLISHED Feb 15, 2019 05:50 AM
NEWS ANALYSIS

Airbus A380: from European dream to white elephant

LOVED by passengers, feared by accountants, the world's largest airliner has run out...
PUBLISHED Feb 15, 2019 05:50 AM

Renault warns hard Brexit would kill hopes for 2019 growth

RENAULT SA, which sold half its vehicles in Europe last year, spelled out the potential...
PUBLISHED Feb 15, 2019 05:50 AM

Macron unveils plan to give electric car battery industry a jolt

FRANCE will invest 700 million euros (S$1,072 million) over the next five years into...
PUBLISHED Feb 15, 2019 05:50 AM

Abu Dhabi's Etihad Airways restructures Airbus, Boeing jet orders

ETIHAD Airways said on Thursday it has agreed with Airbus and Boeing to restructure a...
PUBLISHED Feb 15, 2019 05:50 AM

GOVERNMENT & ECONOMY

US-China trade tension pushes supply chains from China to Asean

THE threat of a US-China trade war is speeding up the migration of supply chains from...
PUBLISHED Feb 15, 2019 05:50 AM

Japan economy rebounds in Q4 but trade frictions remain a concern

JAPAN'S economy expanded in the final three months of 2018 as business and consumer...
PUBLISHED Feb 15, 2019 05:50 AM

Malaysia's economy speeds up in Q4 on improved exports

MALAYSIA'S economy expanded at a faster pace in the final quarter of 2018, ending a...
PUBLISHED Feb 15, 2019 05:50 AM

Thai junta pegs economic fortunes to China as uncertainty looms

AFTER generals seized power in Thailand in a 2014 coup they turned to Beijing to...
PUBLISHED Feb 15, 2019 05:50 AM

Rush to disband Thaksin-linked party evokes memories of Thai bloodshed

OPPONENTS of Thailand's exiled former leader Thaksin Shinawatra are rushing to...
PUBLISHED Feb 15, 2019 05:50 AM

LIFE & CULTURE

Showing your 'good side' isn't just for divas anymore

ACCORDING to Jimmy Kimmel, Barbra Streisand has never appeared on his talk show because...
PUBLISHED Feb 15, 2019 05:50 AM

Spring Festival

Chinese New Year isn’t over yet, and this weekend’s Wan Qing Festival of Spring keeps the...
PUBLISHED Feb 15, 2019 05:50 AM

OPINION

Time is ripe for S'pore to review digital taxation

THERE is supposedly an ancient Chinese anecdote that translates to "May you live in...
PUBLISHED Feb 15, 2019 05:50 AM
THE BOTTOM LINE

Achieving cybersecurity can yield a competitive advantage

DIGITALISATION brings with it huge potential for transforming our lives and economy...
PUBLISHED Feb 15, 2019 05:50 AM
EDITORIAL

Cyber risk grows but cyber insurance is in its infancy

THE severity and frequency of cyber breaches and attacks are growing by the day...
PUBLISHED Feb 15, 2019 05:50 AM

Data blackout in India demonstrates a lack of responsibility

INDIA is facing its biggest employment crisis since the 1970s. It is also confronting an...
PUBLISHED Feb 15, 2019 05:50 AM
COMMENTARY

The future of logistics made real by AI and automation

IN almost every industry and every region, disruptive technologies such as artificial...
PUBLISHED Feb 15, 2019 05:50 AM
COMMENTARY

Potential loss of Amazon HQ would be a long-term disaster for New York

ON Nov 13, 2018, Amazon announced that New York would become one of two locations for the...
PUBLISHED Feb 15, 2019 05:50 AM

Lifestyle

DINING OUT

Hawker fare meets fine dining at Subrosa

THERE'S a funny story behind Subrosa. Not funny haha but it's one that involves...
PUBLISHED Feb 15, 2019 05:50 AM

Argentina's altitude helps its wines show a bit more attitude

ANYONE looking for value in wine, up and down the price range, should look to Argentina...
PUBLISHED Feb 15, 2019 05:50 AM

Oscar Fever

BRAND NEW YEAR, same old stuff. As the entertainment industry gears up for the biggest...
PUBLISHED Feb 15, 2019 05:50 AM

Much ado about the Oscars

The Oscars haven’t been the same since activists launched the #OscarSoWhite campaign in...
PUBLISHED Feb 15, 2019 05:50 AM

Martha Thorne

Martha Thorne is the dean at a small and relatively unknown architecture school in Spain...
PUBLISHED Feb 15, 2019 05:50 AM

Excellent Night Out

Film and dining experience Night of the Living Scuff, makes a return for the new year.
PUBLISHED Feb 15, 2019 05:50 AM

Dearly Departed

Always on the forefront of topical issues, theatre company Pangdemonium is staging a...
PUBLISHED Feb 15, 2019 05:50 AM

Secret Garden

The Aman group is set to open its third property in Japan this November in Kyoto, scoring...
PUBLISHED Feb 15, 2019 05:50 AM

Parisian Chic

Ascott has just opened the La Clef Champs-Élysées Paris, its third property under its...
PUBLISHED Feb 15, 2019 05:50 AM

Mad For Matilda

West End hit Matilda The Musical is making its way here from next week. The Singapore...
PUBLISHED Feb 15, 2019 05:50 AM
PUBLISHED Feb 15, 2019 05:50 AM

Spring Festival

Chinese New Year isn’t over yet, and this weekend’s Wan Qing Festival of Spring keeps the...
PUBLISHED Feb 15, 2019 05:50 AM
PUBLISHED Feb 15, 2019 05:50 AM

Meatless Everyday

No longer a weekly drudgery, vegetarian menus are coming into their own at top...
PUBLISHED Feb 15, 2019 05:50 AM

Of Man and Machine

LIKE IT OR NOT, technology has become part and parcel of human life. While we’re happy to...
PUBLISHED Feb 15, 2019 05:50 AM

Maldivian Paradise

YOU KNOW YOUR HOLIDAY is almost over when your cellphone lights up to remind you to check...
PUBLISHED Feb 15, 2019 05:50 AM

Modern German Cuisine at Kempinski

IF YOU ARE SEEKING some culinary solace or want to dodge shopping mall queues, consider...
PUBLISHED Feb 15, 2019 05:50 AM

The Perfect Fit

Weight-lifting is your go-to exercise routine and you have the body to prove it.
PUBLISHED Feb 15, 2019 05:50 AM

No smoke without Fyre

PERHAPS NOT BY CHANCE, streaming services Netflix and Hulu recently released a...
PUBLISHED Feb 15, 2019 05:50 AM

Chingay Blast From The Past

CHINGAY IS A street parade held every year in Singapore during Chinese New Year. It was...
PUBLISHED Feb 15, 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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