Tuesday, Feb 19, 2019

TOP STORIES

SINGAPORE BUDGET 2019: COMMENTARY

A Budget to bring some cheer, and to secure Singapore

IN a year when it would scarcely have been criticised had it chosen to be exuberant in...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019

Singapore Budget 2019: Steering through changing tides

Singapore Finance Minister Heng Swee Keat on Monday unveiled a Budget aimed at building...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019

Singapore Budget 2019: Foreign workers quota cut for services sector

IN A surprise move, the government will tighten the foreign workforce quota for the...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019

Singapore Budget 2019: Schemes to raise workers' skills given a welcome boost

THE government is providing more support for workers to upskill in a competitive and...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019

Aquaculture, energy Centres of Innovation to fuel 'Asia, Global 101' ambition

SINGAPORE'S move to introduce two new innovation centres in aquaculture and energy...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019: COMMENTARY

A competitive Smart Nation through a strong and united Singapore

BUDGET 2019 offers a commendably strategic vision to build "a strong, united...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019

Singapore Budget 2019: Two schemes to help startups scale up and tap expert know-how

ENTERPRISE Singapore will launch two programmes to help startups and smaller companies...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019

Singapore Budget 2019: Simplifying schemes for SMEs a key focus - industry watchers

MORE support for small and medium-sized enterprises (SMEs) to deepen capabilities and...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019: COMMENTARY

Budget 2019 gives businesses extra fuel to last the transformation journey

FINANCE Minister Heng Swee Keat started on a happy note, reminding us that this is...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019

Fiscal planning: matching funding with project type

THE Singapore government's plan to adopt a dual approach on new investments - borrow...
PUBLISHED Feb 19, 2019 05:50 AM
BUDGET BOOK: REVENUE AND SPENDING

Singapore Budget deficit of S$3.5 billion expected for FY19

A LARGER budget deficit of S$3.48 billion is expected for FY19, with expenditure expected...
PUBLISHED Feb 19, 2019 05:50 AM
BUDGET BOOK: REVENUE AND SPENDING

Singapore Budget 2019: Surplus instead of deficit for FY18; suspension of HSR, higher stamp duties cited

SINGAPORE is expected to register a budget surplus of S$2.12 billion for FY18, equal to 0...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019

FY19 Singapore Budget's big transfers

The government expects to post a sizeable deficit in the year ahead as it sets aside...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019

Singapore Budget 2019: Tighter tax rules on booze and other buys

THE expansion of goods and services tax (GST) to cross-border shipments worth less than S...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019

Singapore Budget 2019: Fuel duties jacked up for diesel vehicles

DIESEL duties were doubled on Monday in a bid to cut pollution from exhaust, two years...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019: COMMENTARY

The calm before the tax storm?

SAVE for an announcement on personal income tax relief which drew mild laughter from the...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019

S$8b package unveiled for Merdeka Generation

A S$8 billion package was unveiled on Monday to thank the generation born here in the...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019

S$200m fund to boost donations and S$1.1b bonus to mark Bicentennial

THE government will start a S$200 million Bicentennial Community Fund to support a spirit...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019: COMMENTARY

Avoiding the Robin Hood trap

WHILE the details may have been far more nuanced, the big picture ideas behind Budget...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE BUDGET 2019

Another year of S&CC rebate will cost government S$132m

THE government is forgoing S$132 million as it extends the Service and Conservancy...
PUBLISHED Feb 19, 2019 05:50 AM
SINGAPORE ECONOMY

January NODX falls 10.1% in its worst showing in over two years

SINGAPORE'S trade sector began this year on a weak note, with non-oil domestic...
PUBLISHED Feb 19, 2019 05:50 AM
PARLIAMENT

Josephine Teo urges CPF Board to fine-tune communication

MORE can be done to improve communication between the Central Provident Fund (CPF) Board...
PUBLISHED Feb 19, 2019 05:50 AM
STARTUPS

See-Mode raises US$1 million to improve stroke detection technology

MEDTECH startup, See-Mode, has raised US$1 million in seed financing, led by Singapore-...
PUBLISHED Feb 19, 2019 05:50 AM

Koh Teck Chuan joins Frasers Hospitality as CEO

KOH Teck Chuan, formerly chief executive at Hongkong Land subsidiary MCL Land, has been...
PUBLISHED Feb 19, 2019 05:50 AM

COMPANIES & MARKETS

DBS housing loans business takes harder hit from cooling measures

DBS Bank's housing loans business was hit by cooling measures as mortgage growth...
PUBLISHED Feb 19, 2019 05:50 AM
HOT STOCK

Best World requests trading halt; shares fall 17% in early session

BEST World International requested a halt in the trading of its shares with immediate...
PUBLISHED Feb 19, 2019 05:50 AM

iX Biopharma to sell Chemical Analysis unit for A$12.5m

IX Biopharma has entered into an agreement with independent third party Eurofins...
PUBLISHED Feb 19, 2019 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market
PUBLISHED Feb 19, 2019 05:50 AM

Corporate digest

CITIC Envirotech (CEL) has secured a 474 million yuan (S$94.9 million) industrial...
PUBLISHED Feb 19, 2019 05:50 AM
STOCKS

Trading active despite focus on Budget

NO prizes for guessing that most attention in Singapore was placed on Finance Minister...
PUBLISHED Feb 19, 2019 05:50 AM

Brokers' take

We have downgraded and lowered our target price as low margins continue to be a major...
PUBLISHED Feb 19, 2019 05:50 AM
CURRENCIES

Euro gains as US-China trade-talk optimism boosts sentiment

THE euro rallied and riskier currencies like the Australian dollar strengthened on Monday...
PUBLISHED Feb 19, 2019 05:50 AM

REAL ESTATE

Frasers Property to buy 17.8% stake in PGIM Real Estate Fund for S$356.4m

FRASERS Property has entered into an agreement to acquire a 17.8 per cent stake in PGIM...
PUBLISHED Feb 19, 2019 05:50 AM

Genting Road industrial building for sale at S$15.9m

A FREEHOLD industrial development located at 14 Genting Road has been launched for sale...
PUBLISHED Feb 19, 2019 05:50 AM

Singaporeans are loving the luxury homes that foreigners cannot buy

SOME of Singapore's most desirable houses come with a catch: only locals can own...
PUBLISHED Feb 19, 2019 05:50 AM

China property 'stealth easing' spreads in boost to home prices

AT least 11 Chinese cities have eased restrictions on residency-permits this year,...
PUBLISHED Feb 19, 2019 05:50 AM

How Australia's top property billionaire is exploiting the slump

HARRY Triguboff is remarkably calm about Australia's worst real estate slump in a...
PUBLISHED Feb 19, 2019 05:50 AM

Private equity firms eye bonanza in India's residential market

INDIA'S cash-starved residential real estate market is set to get a boost from...
PUBLISHED Feb 19, 2019 05:50 AM

UK property asking prices rise by the least since 2009

ASKING prices for British homes rose by the least in a decade over the past year,...
PUBLISHED Feb 19, 2019 05:50 AM

Citi in talks to buy Canary Wharf tower

CITIGROUP is in talks to buy the tower housing its European headquarters in London's...
PUBLISHED Feb 19, 2019 05:50 AM

Empty luxury flats dot Iceland's capital as slowdown looms

THE spacious entrance to Hildigunnur Haraldsdottir's building in downtown Reykjavik...
PUBLISHED Feb 19, 2019 05:50 AM

Trump's border wall faces Texas-sized backlash from land owners

GARY Jacobs looks out over the Rio Grande from the deck of the clubhouse at a public golf...
PUBLISHED Feb 19, 2019 05:50 AM

BANKING & FINANCE

Under no-deal Brexit, UK bankers will need chaperones for EU clients

INVESTMENT banks have warned M&A teams in Britain that they cannot pitch business to...
PUBLISHED Feb 19, 2019 05:50 AM

Sweden's Handelsbanken appoints its first female CEO

ONE of Sweden's biggest banks, Svenska Handelsbanken AB, is about to get its first...
PUBLISHED Feb 19, 2019 05:50 AM

Google, Salesforce investing in UK payments startup GoCardless

THE venture capital arms of Alphabet Inc's Google and Salesforce.com Inc are...
PUBLISHED Feb 19, 2019 05:50 AM

GOVERNMENT & ECONOMY

Pound rises as seven moderate Labour MPs quit the party

THE pound rose slightly on hopes of either a Brexit deal or another referendum after...
PUBLISHED Feb 19, 2019 05:50 AM

Thailand grows at best pace in 6 years, beating expectations

THAILAND'S economy grew at its best pace in six years in 2018, with fourth-quarter...
PUBLISHED Feb 19, 2019 05:50 AM

Pakistan honours Saudi crown prince after US$20b deals

PAKISTAN conferred its highest civilian honour on the Saudi crown prince on Monday, a day...
PUBLISHED Feb 19, 2019 05:50 AM

BOJ urged to boost fiscal spending to reignite the economy

JAPAN must ramp up fiscal spending with debt bank-rolled by the central bank, the Bank of...
PUBLISHED Feb 19, 2019 05:50 AM

LIFE & CULTURE

Up against world's best at HSBC championships

AS Amanda Tan looks ahead to next week's HSBC Women's World Championship, the...
PUBLISHED Feb 19, 2019 05:50 AM

Victoria Beckham goes retro on London catwalk

VICTORIA Beckham looked back to the 1970s at London Fashion Week on Sunday, while...
PUBLISHED Feb 19, 2019 05:50 AM

The cyborgs of Alita: Battle Angel vanquish rivals at the box office

HOW do you judge the performance of a very expensive cyborg? On one hand, Fox's...
PUBLISHED Feb 19, 2019 05:50 AM

SME

Five imperatives for change every business should consider

DESIGN Orchard, a new development on Orchard Road comprising a retail showcase,...
PUBLISHED Feb 19, 2019 05:50 AM

The dark side of procurement

PROCUREMENT may seem like a boring topic to most of people. However, as the Auditor...
PUBLISHED Feb 19, 2019 05:50 AM

OPINION

US being engulfed in a political soap opera

THERE is this country that's a net oil exporter, where according to reports, the...
PUBLISHED Feb 19, 2019 05:50 AM
THE BOTTOM LINE

The Affluent Society revisited

I AM re-reading The Affluent Society with pleasure and profit.
PUBLISHED Feb 19, 2019 05:50 AM
EDITORIAL

Cold War redux : global security architecture being dismantled

The abandonment of the Intermediate-Range Nuclear Forces (INF) Treaty between the United...
PUBLISHED Feb 19, 2019 05:50 AM

Singapore commodity traders need to digitalise or lose out

WHILE physical commodities trading is booming in Singapore, it risks a downfall if it...
PUBLISHED Feb 19, 2019 05:50 AM

A very Greek Brexit?

AS THE Brexit train lurches forward with no clear direction, it is useful to look back at...
PUBLISHED Feb 19, 2019 05:50 AM

Eurozone unease spikes as the single currency turns 20

SPAIN begins a general election campaign this week after Prime Minister Pedro Sánchez...
PUBLISHED Feb 19, 2019 05:50 AM
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