Thursday, Mar 07, 2019

TOP STORIES

Wage rise not only criterion to judge worker outcomes in grant funding

WAGE increases will not be the only criterion to judge worker outcomes tied to grant...
PUBLISHED Mar 7, 2019 05:50 AM

Time we celebrated female achievers

INTERNATIONAL Women's Day falls on March 8 and Weekend magazine pays tribute to...
PUBLISHED Mar 7, 2019 05:50 AM
VENTURE FUNDS

Grab takes in US$1.46b more to feed Super App ambition in SEA

RIDE-HAILING firm Grab has secured US$1.46 billion of fresh funding from the SoftBank...
PUBLISHED Mar 7, 2019 05:50 AM

Singapore a gateway for expansion? Not Impossible!

THE Impossible Burger - with its fully plant-based patty that has the taste and bite of...
PUBLISHED Mar 7, 2019 05:50 AM

MAS sets up technology group, makes senior management changes

THE Monetary Authority of Singapore (MAS) on Wednesday announced some senior management...
PUBLISHED Mar 7, 2019 05:50 AM

COE prices end mostly higher

CERTIFICATES of entitlement (COE) ended mostly higher, with premiums for four-wheelers...
PUBLISHED Mar 7, 2019 05:50 AM

Singapore affirms China's 'key market' status

CHINA will stay a key market for Singapore companies despite slower growth, an Enterprise...
PUBLISHED Mar 7, 2019 05:50 AM
SINGAPORE BUDGET 2019

Merdeka Generation Package benefits to be rolled out from July and November

THE bulk of the Merdeka Generation Package benefits will be rolled out in two tranches,...
PUBLISHED Mar 7, 2019 05:50 AM

Current hikes in healthcare spending not sustainable: Gan Kim Yong

SINGAPORE is pumping in more money than ever on healthcare, but raising spending at...
PUBLISHED Mar 7, 2019 05:50 AM

Tan Wu Meng outlines transformation plans

AN underlying theme of this year's Budget is how companies in Singapore should adapt...
PUBLISHED Mar 7, 2019 05:50 AM

Smaller enterprises 'stand to gain from Budget 2019'

A PANEL of industry experts were unanimous in their view that small and medium-sized...
PUBLISHED Mar 7, 2019 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Many ways for Oxley to exit its Chevron House investment

SINCE the start of this year, Oxley has unveiled a few divestments. On Jan 21, the group...
PUBLISHED Mar 7, 2019 05:50 AM

Sunningdale Tech replies to Quarz, says focus is on 'long-term value'

A DAY after being urged by a minority shareholder to improve its quality of financial...
PUBLISHED Mar 7, 2019 05:50 AM
STOCKS

Lack of cues sees STI giving up gains

HAVING a lack of direction is not always bad, as long as one does not drift too far out.
PUBLISHED Mar 7, 2019 05:50 AM

Brokers' take

FY2018 revenue was S$120.1 million or a 12 per cent year-on-year decrease, due to the...
PUBLISHED Mar 7, 2019 05:50 AM
CURRENCIES

Pound languishes as hopes fade for Brexit progress

THE pound remained stuck near a one-week low on Wednesday as lack of progress in Brexit...
PUBLISHED Mar 7, 2019 05:50 AM

Airport Reit proposal sets analysts abuzz

PUTTING Singapore's airport terminals into public hands could be a novel means of...
PUBLISHED Mar 7, 2019 05:50 AM

ESR-Reit files proofs of claim against Hyflux

INDUSTRIAL landlord ESR-Reit's trustee on March 1 filed proofs of claim against...
PUBLISHED Mar 7, 2019 05:50 AM

No Signboard replies to SGX queries on its restated earnings

SEAFOOD restaurant operator No Signboard Holdings on Wednesday responded to queries from...
PUBLISHED Mar 7, 2019 05:50 AM

Corporate digest

FABCHEM China announced after trading hours on Wednesday that ongoing discussions in...
PUBLISHED Mar 7, 2019 05:50 AM

REAL ESTATE

Singapore among Asian cities in property investors' sight: report

SINGAPORE is ranked ninth globally in attracting major property investments, joining Hong...
PUBLISHED Mar 7, 2019 05:50 AM

Once a sleepy giant, Los Angeles' core awakens

LOS Angeles' downtown was little more than a sleepy office district not too long ago...
PUBLISHED Mar 7, 2019 05:50 AM

Aussie housing downturn unlikely to derail economy

AUSTRALIA'S top central banker said on Wednesday a downturn in Australia's once...
PUBLISHED Mar 7, 2019 05:50 AM

India housing market to cool despite govt incentives

HOUSE prices in India will barely rise this year as a slowing economy and a liquidity...
PUBLISHED Mar 7, 2019 05:50 AM

Katong Plaza relaunched for collective sale with approval for hotel use

KATONG Plaza - currently zoned for commercial and residential use - has obtained approval...
PUBLISHED Mar 7, 2019 05:50 AM

Jalan Kilang light industrial property for sale at S$20-25m

AN eight-storey light industrial development located at 10 Jalan Kilang - off Jalan Bukit...
PUBLISHED Mar 7, 2019 05:50 AM

BANKING & FINANCE

Mandiri eyeing US$2b StanChart-backed rival

INDONESIA'S state-run PT Bank Mandiri is exploring a takeover of PT Bank Permata,...
PUBLISHED Mar 7, 2019 05:50 AM

Corporate bonds at risk of crash on abrupt downgrades

SURGING supply of corporate debt in the riskiest investment-grade category leave markets...
PUBLISHED Mar 7, 2019 05:50 AM

Oman has work to do before bond sale as it gets another junk rating

BEFORE Oman succumbs to the temptation of selling Eurobonds, some analysts say the...
PUBLISHED Mar 7, 2019 05:50 AM

China looks to Brexit, EU for cross-border finance templates

CHINESE researchers are watching the UK's impending exit from the European Union to...
PUBLISHED Mar 7, 2019 05:50 AM

ENERGY & COMMODITIES

Chevron, Exxon's Permian output hike adds to Opec's woes

CHEVRON Corp and Exxon Mobil Corp plan to sharply increase their oil production in the...
PUBLISHED Mar 7, 2019 05:50 AM

Colombian coffee industry wants to break from NYSE

COLOMBIA'S coffee may be known as the best in the world, but that doesn't mean...
PUBLISHED Mar 7, 2019 05:50 AM

TECHNOLOGY

Sharing economy goes mainstream as IPOs loom

THE sharing economy is becoming mainstream with the anticipated stock listings from...
PUBLISHED Mar 7, 2019 05:50 AM

China's Huawei steps up charm offensive, rejects security fears

CHINESE telecom giant Huawei insisted on Wednesday its products feature no security...
PUBLISHED Mar 7, 2019 05:50 AM

France tries to set trend with bill to tax digital sales

FRANCE will introduce a bill on Wednesday to tax Internet and technology giants on their...
PUBLISHED Mar 7, 2019 05:50 AM

Chinese online retailers slash iPhone prices again

CHINESE online retailers have started discounting iPhones for the second time this year...
PUBLISHED Mar 7, 2019 05:50 AM

CONSUMER

KFC China defies slowdown with AI menus and robot servers

THE owner of Kentucky Fried Chicken (KFC) in China is pushing ahead with expansion plans...
PUBLISHED Mar 7, 2019 05:50 AM

J&J nasal spray gets US approval as first new type of anti-depressant

THE US Food and Drug Administration on Tuesday said it approved a Johnson & Johnson...
PUBLISHED Mar 7, 2019 05:50 AM

Hello Kitty finally goes to Hollywood after five-year courtship

ONE of Japan's most beloved cat cartoon characters is headed for Hollywood...
PUBLISHED Mar 7, 2019 05:50 AM

TRANSPORT

Ex-Nissan chairman Ghosn leaves jail, says to fight 'meritless' case

OUSTED Nissan Motor chairman Carlos Ghosn was released from jail on Wednesday after...
PUBLISHED Mar 7, 2019 05:50 AM

China's Hainan island to end fossil fuel car sales in 2030

CHINA'S southern Hainan island will end sales of fossil fuel-only cars in 2030,...
PUBLISHED Mar 7, 2019 05:50 AM

Make-up, skirts now optional for Virgin Atlantic female flight crew

VIRGIN Atlantic's female flight attendants are known for their red skirts, ruby...
PUBLISHED Mar 7, 2019 05:50 AM

Hundreds of travellers stranded in Nairobi airport strike

HUNDREDS of travellers were stranded at Nairobi's international airport on Wednesday...
PUBLISHED Mar 7, 2019 05:50 AM

GOVERNMENT & ECONOMY

UK government reaches general agreement on import tariffs for no-deal Brexit

BRITAIN'S government has reached a general agreement on import tariffs if it leaves...
PUBLISHED Mar 7, 2019 05:50 AM
LATEST US DATA

Trade deficit widens to a 10-year high of US$621b

THE US trade deficit widened in 2018 to a 10-year high of US$621 billion, bucking...
PUBLISHED Mar 7, 2019 05:50 AM

Weak economy may force North Korea to return to negotiating table

WHEN the armoured train carrying Kim Jong Un back from his summit meeting with US...
PUBLISHED Mar 7, 2019 05:50 AM

OECD lowers global growth forecast on trade woes, uncertainties

GLOBAL trade tensions and political uncertainty are weighing on the world's economy...
PUBLISHED Mar 7, 2019 05:50 AM

Australia's slowing economy jars with RBA's optimistic outlook

AUSTRALIA'S slowing economy and rising calls for interest-rate cuts are starting to...
PUBLISHED Mar 7, 2019 05:50 AM

Trump said to be pushing for China deal to fuel market rally

PRESIDENT Donald Trump is pressuring US trade negotiators to cut a deal with China soon...
PUBLISHED Mar 7, 2019 05:50 AM

Initiatives for women will have ripple effects

EMPOWERING women around the world, and especially in developing countries, is an urgent...
PUBLISHED Mar 7, 2019 05:50 AM

LIFE & CULTURE

Noodle vendor, 90, helps keep Singapore foodie culture alive

LEONG Yuet Meng cannot walk more than 10 metres without assistance. Yet, the frail 90-...
PUBLISHED Mar 7, 2019 05:50 AM

Culture or cruelty? Camel fighting persists in Pakistan despite ban

THOUSANDS cheer as a caravan of camels outfitted in decoratives saddles and garlands...
PUBLISHED Mar 7, 2019 05:50 AM

OPINION

China is emerging as a tech powerhouse

THE current trade conflict between China and the United States is also a fierce two-...
PUBLISHED Mar 7, 2019 05:50 AM
THE BOTTOM LINE

Beware the free lunch of modern monetary theory

WE HAVE seen this movie before. There is widespread frustration with the performance of...
PUBLISHED Mar 7, 2019 05:50 AM
EDITORIAL

International Women's Day in 2019: gender parity still an issue

WOMEN may hold up half the sky, as none other than Chinese communist leader Mao Zedong...
PUBLISHED Mar 7, 2019 05:50 AM

Sustainability is gaining traction as a business move

SINGAPORE is now one of the first countries in Asia to introduce a carbon tax to reduce...
PUBLISHED Mar 7, 2019 05:50 AM
COMMENTARY

Circular economy makes waves in Asia

CONSUMER preference is becoming a key driver of business adoption of sustainable...
PUBLISHED Mar 7, 2019 05:50 AM
COMMENTARY

Blockchain users should work together to beat hackers

The world of blockchain and cryptocurrency is one of excitement and intrigue, as both...
PUBLISHED Mar 7, 2019 05:50 AM
LETTERS TO THE EDITOR

Let remisiers walk into the sunset; trading shouldn't cost so much

I REFER to the March 5 Hock Lock Siew column about DBS rationalising its equity trading...
PUBLISHED Mar 7, 2019 05:50 AM

BREAKING NEWS

Mar 25, 2019 10:13 AM

US dollar off six-week lows vs yen, little response to Mueller report

[TOKYO] The US dollar edged back from a six-week low against the yen early on Monday, as a degree of calm returned to...
Mar 25, 2019 10:07 AM

Britain's May to meet ministers amid reported moves to oust her

[LONDON] British Prime Minister Theresa May will on Monday chair a potentially volatile meeting of her cabinet amid...
Mar 25, 2019 10:02 AM

Hong Kong: Stocks tumble at open

[HONG KONG] Hong Kong stocks tumbled more than two per cent in opening exchanges Monday as investors fret over the...
Mar 25, 2019 09:18 AM

Malaysia: Shares open lower on Monday

MALAYSIA share prices opened lower on Monday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 14.52...
Mar 25, 2019 09:17 AM

Singapore shares decline at Monday's open; STI down 1.5% to 3,163.80

SINGAPORE stocks opened weaker on Monday, with the Straits Times Index retreating 1.50 per cent or 48.3 points to 3,163...
Mar 25, 2019 09:07 AM

Aspial buys back S$3.8m 5.05% notes due 2019 in S$20m repurchase plan

ASPIAL Corporation has repurchased?as at March 22, S$3.8 million in?aggregate?5.05 per cent notes due 2019, after a...
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