Business News

Singapore at 13th spot in world talent competitiveness, lags Hong Kong

Singapore held 13th spot in the world in attracting and developing talent, a notch below Hong Kong.

Nov 21, 2017

By Aastha Agnihotri

Is Singapore ready for a bump in GST that is among region's lowest?

Singapore's GST, introduced in 1994, now accounts for almost one-quarter of the city's tax collection.

Nov 21, 2017

By Aastha Agnihotri

Temasek hires Goldman executive to ramp up North America business

Singapore's Temasek sells S$2.4 mln stake in StarHub

Singapore state investor Temasek Holdings sold S$2.45 million worth of shares in telecoms service provider StarHub.

Nov 21, 2017

By Aastha Agnihotri

Fart ignites fire during operation in Japan; patient seriously burnt

OUE Lippo clarifies on media reports regarding Kuala Lumpur land sale

OUE Lippo Healthcare, which owns, manages, and operates hospitals and nursing facilities, on Tuesday clarified on media reports saying it hasn't yet reached a decision to sell a prime parcel of land in Kuala Lumpur.

Nov 21, 2017

By Aastha Agnihotri

Keppel gets in legal trouble for S$597 mln Chinese divestment

Conglomerate Keppel Corp's S$597 million divestment hit a roadblock on Tuesday after a minority shareholder of China marina project initiated legal proceedings in Singapore.

Nov 21, 2017

By Aastha Agnihotri

Indian shares ekes out gain; Coal India, Bajaj Auto advance

Indian shares ended little changed on Monday as investors took a breather after last session's rally following Moody's ratings upgrade for the first time since 2004.

Nov 20, 2017

By Aastha Agnihotri

Wilmar buys Cargill's edible oil facilities in Malaysia

Singapore-based agribusiness giant Wilmar International on Monday said its unit entered into an agreement with Cargill Palm Plantation for the purchase of Cargill's edible oil facilities in Kuantan, Malaysia.

Nov 20, 2017

By Aastha Agnihotri

ST Engineering wins 15-year support contract for Gulf Air's new Boeing fleet

Singapore Technologies Engineering (ST Engineering) on Monday said its aerospace arm, Ltd won a 15-year contract for Boeing 787 aircraft component support by Gulf Air.

Nov 20, 2017

By Aastha Agnihotri

Singapore shares gain for second day; OCBC, UOB advance

Singapore stocks edged slightly higher on Monday after gaining more than 1 percent in the previous session, led by lenders such as OCBC and United Overseas Bank.

Nov 20, 2017

By Aastha Agnihotri

Indian shares subdued amid weak global cues

Indian shares were little changed on Monday as investors took a breather after last session's rally following Moody's ratings upgrade for the first time since 2004.

Nov 20, 2017

By Aastha Agnihotri

5 key highlights from PM Lee's speech at People's Action Party convention

Singaporean Prime Minister Lee Hsien Loong addressed his People's Action Party's 2017 convention on Sunday.

Nov 20, 2017

By Aastha Agnihotri

Fullerton eyes S$300 million IPO to drive regional expansion

Singapore shares edge lower inline with Asia; Noble falls 3%

Singapore stocks edged slightly lower on Monday after gaining more than 1 percent in the previous session, dragged lower by lenders such as DBS Bank and United Overseas Bank.

Nov 20, 2017

By Aastha Agnihotri

Singapore's DBS among banks in bid to buy Barclays' Asian wealth unit

DBS Bank, OCBC, UOB to use NETS QR code for cashless payments

Seven banks in Singapore, including DBS Bank, OCBC and United Overseas Bank will be offering cashless payments in Singapore via NETS' QR code platform by mid-2018.

Nov 20, 2017

By Aastha Agnihotri

Singapore "haze" crisis improves, returns to moderate range

ETC controlling shareholder seeks EGM to oust two existing directors

Emerging Towns & Cities Singapore (ETC) on Monday said controlling shareholder Luo Shandong has called for an extraordinary general meeting to replace two existing directors with his own nominees.

Nov 20, 2017

By Aastha Agnihotri

TEE International collaborates with Advancer Global to buy Chiang Kiong Group for S$18.5 mln

Mainboard-listed TEE International, along with Catalist-listed Advancer Global and a financial investor on Monday entered into a joint venture agreement to buy Chiang Kiong Environmental and Envotek Engineering for S$18.5 million.

Nov 20, 2017

By Aastha Agnihotri

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