Tuesday, Jan 15, 2019

TOP STORIES

MAS moves to attract listings, boost equity research talent

THE Monetary Authority of Singapore (MAS) on Monday unveiled a S$75 million initiative to...
PUBLISHED Jan 15, 2019 05:50 AM
CAPITALAND GOES BIG

CapitaLand courts growth with fresh Ascendas-Singbridge assets

CAPITALAND is banking on Ascendas-Singbridge's (ASB) logistics and business parks...
PUBLISHED Jan 15, 2019 05:50 AM
COMMENTARY

A big step by CapitaLand and Temasek in play for global stakes

CAPITALAND'S announcement that it would be acquiring Temasek subsidiary Ascendas-...
PUBLISHED Jan 15, 2019 05:50 AM

UBS positive on global and Asia ex-Japan equities

BRACE for sharp volatility in 2019, and the outsized impact of geopolitics on investment...
PUBLISHED Jan 15, 2019 05:50 AM
PARLIAMENT

Stiffer anti-money laundering rules for jewellers ahead

SOME 2,500 jewellers and businesses dealing with precious stones and metals in Singapore...
PUBLISHED Jan 15, 2019 05:50 AM

Singapore will discuss outstanding issues with Malaysia calmly: Vivian

SINGAPORE will do its best to discuss all outstanding bilateral issues with Malaysia in a...
PUBLISHED Jan 15, 2019 05:50 AM
OPINION - SINGAPORE BUDGET 2019

Is Corporate Singapore ready for a new tax world?

WITH the 2019 Singapore Budget around the corner, the government faces complex and...
PUBLISHED Jan 15, 2019 05:50 AM

COMPANIES & MARKETS

Asia on track to gain largest share of global capital markets: index

ASIAN markets have the greatest growth opportunity and could gain the largest share of...
PUBLISHED Jan 15, 2019 05:50 AM

Hyflux's TuasOne may get early injection of S$23m from Mitsubishi

INSOLVENT water treatment company Hyflux's ongoing TuasOne waste-to-energy (WTE)...
PUBLISHED Jan 15, 2019 05:50 AM

Keppel Infrastructure unit bags S$40m JTC deal for Jurong Island pipe rack project

ENERGY solutions provider Keppel Infrastructure Holdings has secured a contract to design...
PUBLISHED Jan 15, 2019 05:50 AM
HOT STOCK

Creative shares climb 3% on plans to tap OEMs

CREATIVE Technology's shares rose as much as 14 per cent in active trading on Monday...
PUBLISHED Jan 15, 2019 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market
PUBLISHED Jan 15, 2019 05:50 AM

Corporate digest

KARIN Technology Holdings has a new substantial shareholder after an existing shareholder...
PUBLISHED Jan 15, 2019 05:50 AM

Time to play defence, says Howard Marks

CELEBRITY investor Howard Marks has advised punters to be "more defensive than usual...
PUBLISHED Jan 15, 2019 05:50 AM

TSMP Law adds China desk, new staff and partners

SINGAPORE law firm TSMP has kickstarted the new year with new partners, new hires and a...
PUBLISHED Jan 15, 2019 05:50 AM

Best World to invest in A*Star startup with an eye on stem cell-based products

BEST World International is investing in A*Star spinoff Celligenics as it seeks to...
PUBLISHED Jan 15, 2019 05:50 AM

Thumb drive maker Trek invests US$3m in solar energy firm for 7.5% stake

THUMB drive maker Trek 2000 International has injected US$3 million into solar energy...
PUBLISHED Jan 15, 2019 05:50 AM

Kimly chairman up for re-election amid probe

CATALIST-LISTED coffeeshop operator Kimly is seeking the re-election of its executive...
PUBLISHED Jan 15, 2019 05:50 AM
STOCKS

China data woes end STI upward streak

ASIAN markets declined broadly on Monday, following news of worse-than-expected Chinese...
PUBLISHED Jan 15, 2019 05:50 AM

Brokers' take

Supply of new office space will taper to 1.2 million square foot (sq ft) in 2019 and one...
PUBLISHED Jan 15, 2019 05:50 AM
CURRENCIES

Aussie dollar, yuan sink on China export slump

THE Australian dollar and kiwi dollar, gauges of global risk appetite, fell on Monday on...
PUBLISHED Jan 15, 2019 05:50 AM

REAL ESTATE

Construction demand in Singapore strong, set to hit up to S$32b this year: BCA

CONSTRUCTION demand is expected to remain strong this year due to sustained public sector...
PUBLISHED Jan 15, 2019 05:50 AM

Hotel Marrison in Little India for sale at S$28-30m by expression of interest

HOTEL Marrison @ Desker, a 25-room boutique hotel in the Little India vicinity, has been...
PUBLISHED Jan 15, 2019 05:50 AM

Tuan Sing divests units in Century Warehouse property

PROPERTY developer Tuan Sing Holdings announced on Monday that it has accepted a tender...
PUBLISHED Jan 15, 2019 05:50 AM

AA Group signs MOU with OneAsia for data centre development

AA Group on Monday signed a memorandum of understanding (MOU) with private company...
PUBLISHED Jan 15, 2019 05:50 AM

ICP places 460m new shares at 0.85 Singapore cent apiece to CMIA

HOTEL management company ICP has placed S$3.9 million worth of new shares representing a...
PUBLISHED Jan 15, 2019 05:50 AM

Hong Kong's rural hinterland could hold key to chronic land crunch

HONG KONG'S government says that it needs to build billions of dollars' worth...
PUBLISHED Jan 15, 2019 05:50 AM

Hong Kong's finance chief welcomes 'orderly' declines in home prices

HONG KONG'S finance chief welcomed the city's decline in home prices since...
PUBLISHED Jan 15, 2019 05:50 AM

BANKING & FINANCE

OPINION

England's universities flunk their finance exams

APRIL is the cruelest month. It's not just English literature professors who'll...
PUBLISHED Jan 15, 2019 05:50 AM

Fintech firms want to shake up banking, and that worries the Fed

THE US Federal Reserve is wary of giving "fintech" firms such as OnDeck Capital...
PUBLISHED Jan 15, 2019 05:50 AM

Retailer Sears' bankruptcy raises issues about the cost of going broke

SEARS has survived the Great Depression and world wars. Whether the 126-year-old retailer...
PUBLISHED Jan 15, 2019 05:50 AM

ENERGY & COMMODITIES

Coffee price slump leaves farmers earning less than a cent a cup

IN THE verdant southern highlands of Ethiopia, coffee farmer Gafeto Gardo is thinking...
PUBLISHED Jan 15, 2019 05:50 AM

Oil retreats as risk appetite shrinks

OIL extended its retreat as investor appetite for risk assets shrank and uncertainty...
PUBLISHED Jan 15, 2019 05:50 AM

Ophir Energy rejects Medco's buyout offer

OPHIR Energy Plc said on Monday that it has rejected Indonesian oil and gas group Medco...
PUBLISHED Jan 15, 2019 05:50 AM

CONSUMER

Samsung targets India millennials with M series phones

SAMSUNG Electronics Co unveiled a new range of inexpensive smartphones for India, seeking...
PUBLISHED Jan 15, 2019 05:50 AM

Gin's journey in Britain: From 'mother's ruin' to a hipster drink

EVER since European apothecaries began distilling gin and selling it as a cure-all in the...
PUBLISHED Jan 15, 2019 05:50 AM

TRANSPORT

China car sales shrink for first time in two decades

CAR makers in China will face more fierce competition this year, after a tough 2018 when...
PUBLISHED Jan 15, 2019 05:50 AM

Container throughput at Singapore port up 8.7% in 2018

THE Port of Singapore maintained a stable performance in 2018, the Maritime and Port...
PUBLISHED Jan 15, 2019 05:50 AM

Detroit car show, and industry, prepare for transition

THE CAR industry gathered on Sunday in Detroit, on the eve of the last winter edition of...
PUBLISHED Jan 15, 2019 05:50 AM

Indonesia recovers second black box from Lion Air crash

THE cockpit voice recorder from an Indonesian Lion Air jet that crashed in October has...
PUBLISHED Jan 15, 2019 05:50 AM

GOVERNMENT & ECONOMY

Weak monthly China trade data points to slower growth ahead

CHINA'S exports fell dramatically in December while imports contracted as the...
PUBLISHED Jan 15, 2019 05:50 AM

Online businesses in Singapore most globalised; policies a challenge: poll

SINGAPORE is home to the highest percentage of online businesses selling globally,...
PUBLISHED Jan 15, 2019 05:50 AM

Saudi Arabia set for US$11b asset-sale blitz after slow start

SAUDI Arabia could be in for a busy year of asset sales if the kingdom sticks to its...
PUBLISHED Jan 15, 2019 05:50 AM

N Korea's nuclear programme quietly advances

NORTH Korean leader Kim Jong Un told the world this month that his country took steps to...
PUBLISHED Jan 15, 2019 05:50 AM

LIFE & CULTURE

Saudi weddings: small is the new beautiful

IT WAS a Saudi wedding like any other - clutching a decorative sword, the groom bobbed...
PUBLISHED Jan 15, 2019 05:50 AM

Philip Glass tantalises with new symphony

AFTER a half-century in the spotlight, Philip Glass continues to intrigue. His Symphony...
PUBLISHED Jan 15, 2019 05:50 AM

Amid Oscar controversy, Kevin Hart has a number 1 movie to savour

HE'S still not hosting the Academy Awards, but Kevin Hart has a No 1 movie to...
PUBLISHED Jan 15, 2019 05:50 AM

SME

Leveraging technology in greening the future

BUILT on the back of Singapore's little-known horticulture industry, landscaping...
PUBLISHED Jan 15, 2019 05:50 AM

How can South-east Asia produce more unicorns?

FUELLED by talented and experienced entrepreneurs, South-east Asia is fast becoming a...
PUBLISHED Jan 15, 2019 05:50 AM

OPINION

Trump authors art of no-deal in Washington

ONE of the advantages of joining the gig economy and working from my apartment has been...
PUBLISHED Jan 15, 2019 05:50 AM
EDITORIAL

Governance standards must constantly be nudged upwards

WHILE the Singapore economy has long been "promoted" out of the ranks of...
PUBLISHED Jan 15, 2019 05:50 AM
THE BOTTOM LINE

China's efforts to win trust remain Sisyphean

IN his New Year address, President Xi Jinping spoke proudly of China's achievements...
PUBLISHED Jan 15, 2019 05:50 AM

Brexit bravado sees UK Parliament taking back control of the process

IN one of the most important UK political moments in the post-war era, the House of...
PUBLISHED Jan 15, 2019 05:50 AM
COMMENTARY

When diffusion hits a snag

SINGAPORE'S fintech sector will receive a significant boost, with the passing of the...
PUBLISHED Jan 15, 2019 05:50 AM
COMMENTARY

Offline and online to blend in the future of global retail

THE tremendous growth of the e-commerce sector has brought about a revolution in the...
PUBLISHED Jan 15, 2019 05:50 AM

BREAKING NEWS

Feb 23, 2019 12:28 AM

Latest Earnings

Feb 22, 2019 10:20 PM

Chip Eng Seng Corp doubles Q4 profits to S$26.6 million on condo project turnover

MAINBOARD-LISTED construction group Chip Eng Seng Corp more than doubled its profits in the fourth quarter, on the back...
Feb 22, 2019 10:06 PM

Maxi-Cash FY2018 profit down by 22% to S$10.4 million

CATALIST-LISTED pawnbroker Maxi-Cash Financial Services Corp's full-year earnings suffered from the costs of its...
Feb 22, 2019 09:53 PM

Malaysia's Sim Leisure Group aims for Catalist debut on March 1

PENANG theme park developer Sim Leisure Group is headed for a Catalist debut on March 1, it said in an offer document...
Feb 22, 2019 07:50 PM

'Growing discontent' before Ayondo founder left the company: board

TIES between the founder of Catalist-listed financial technology firm Ayondo and its directors and key investors had...
Feb 22, 2019 07:36 PM

Lippo Malls Indonesia Retail Trust more than halves Q4 DPU to 0.3 S cent

LIPPO Malls Indonesia Retail Trust (LMIRT) slashed its distribution per unit (DPU) for its fourth quarter, under what...
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