Business News

Singapore: HDB resale prices record 0.1% uptick in August

SRX Property announced that the HDB units resale prices for the month of August recorded a 0.1% uptick as resale volume surged by 9.6%.

Sep 7, 2017

By Peter Del Rosario

Singapore jobs outlook gloomy as only 15% of employers look at hire in Q1 2017

Singapore's MTI eyes transforming wholesale trade industry to create more jobs

The Ministry of Trade and Industry (MTI) launched the Wholesale Trade Industry Transformation Map (ITM) to help build and establish a global marketplace and create jobs for the sector.

Sep 7, 2017

By Peter Del Rosario

Indian shares tread higher as automakers advance

Indian shares were little changed on Thursday, led by gains in automakers but simmering geopolitical tensions kept many investors on edge.

Sep 7, 2017

By Aastha Agnihotri

Singapore stocks muted; mm2 Asia gains

Singapore stocks were little changed on Thursday, led by gains in financials such as OCBC, but geopolitical tensions over North Korea's nuclear and missile programme continued to cast a shadow.

Sep 7, 2017

By Aastha Agnihotri

CITIC Envirotech invests S$78.3 mln in Chinese environmental firm

Investment holding company CITIC Envirotech said it will acquire 60 percent stake in environmental and utility firm CITIC Qingyuan for 378 million yuan (S$78.3 million).

Sep 7, 2017

By Aastha Agnihotri

mm2 Asia, Chinese media firms to pump-in US$25 mln to produce films

A unit of mm2 Asia along with New Culture Media Hong Kong and 9i Film & Television Media will co-invest US$25 million to co-produce five films and multiple online films over the next three years.

Sep 7, 2017

By Aastha Agnihotri

TT International says court approves moratorium request

Struggling consumer electronics retailer TT International on Thursday said that Singapore's High Court has granted its moratorium application until February 11, 2018.

Sep 7, 2017

By Aastha Agnihotri

Keppel O&M, others ink deal for LNG distribution in west Indonesia

Keppel O&M has entered into a deal with Pavilion Energy and PT Perusahaan Listrik Negara to distribute liquefied natural gas to remote areas in west Indonesia.

Sep 7, 2017

By Aastha Agnihotri

Market Round-Up: What did you miss?

A quick look at all the market moving events and big financial news of the day. From Singapore's economic growth forecast to Noble Group's disposal, get your daily dose of all the latest in the world of business right here.

Sep 6, 2017

By Aastha Agnihotri

Indian shares edge lower; drug makers lag

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.7 percent.

Sep 6, 2017

By Aastha Agnihotri

Singapore's Ipco warns on first-quarter profit

Ipco International on Wednesday said it expects a net loss in the first-quarter on account of foreign exchange translations relating to its units.

Sep 6, 2017

By Aastha Agnihotri

Singapore shares weaken on North Korea jitters

Singapore stocks fell on Wednesday, in line with Asian shares after a slide on Wall Street overnight as simmering geopolitical tensions kept many investors on edge.

Sep 6, 2017

By Aastha Agnihotri

Malaysia jails 8 Indonesians for hijacking oil tanker last year

Singapore's Triyards calls for trading suspension as financial woes worsen

Engineering company Triyards Holdings on Wednesday requested for a voluntary trading suspension as it mulls a viable restructuring plan to shore finances.

Sep 6, 2017

By Aastha Agnihotri

Mark Zuckerberg and other business leaders oppose Trump's order to end DACA

Apple CEO Tim Cook and Googles Sundar Pichai were among those business leaders who expressed support for their co-workers living with a DACA status in the US.Their reactions come in response to US President Donald Trumps order to end the Deferred Action for Childhood Arrivals (DACA) policy. The program gives work permits to people, often called Dreamers, who came to America illegally as children.

Sep 6, 2017

By Staff Reporter

CapitaLand's The Stature Jakarta on track for completion by 2020

Real estate powerhouse CapitaLand is expanding its presence in Indonesia with the near-completion of the Stature Jakarta and the development of Ascott Sudirman Jakarta.

Sep 6, 2017

By Peter Del Rosario

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