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Bosses open to upping re-hiring age

While business groups warn that legislation can raise costs, companies say they are ready to raise the re-employment age from 65 to 67 in early 2016."I don't see any big issue from raising the age by...

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Guidelines for money changers 'not practical'

The Money Changers Association (Singapore) has sent out an 11-point advisory to its 150 members urging them, among other recommendations, to insure their business and also to change their "appearance"...

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S'pore 'the 5th easiest place to do taxes'

Singapore has kept its ranking as the fifth easiest place in the world for companies to file and pay their taxes, a new study has found.The study was conducted jointly by professional services firm...

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Dressing up an Orchard penthouse

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Make a scene

See how a confident colourist transformed a space from dull to dazzling.Who: A mature couple who are business ownersHome: A penthouse apartment in Orchard RoadSize: 3,300sqfThe spanking new penthouse...

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Renovate to counter empty-nest woes

New York - The plan was simple. Jill Bialosky, a poet, writer and publishing executive, and Mr David Schwartz, a corporate lawyer, both 57, realised how wrenching it would be when their only child,...

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2015 a 'year of two halves' for economy

The first six months of next year will remain difficult for the Singapore economy but prospects for the latter half are brighter, according to ANZ's Asia-Pacific chief economist Glenn Maguire.He told...

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Mixed record for Malaysian developers in Singapore

Singapore developers may have gone abroad seeking fresh opportunities, but some of their Malaysian counterparts have headed here in recent years, hoping for the next El Dorado.A booming market buoyed...

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OW Bunker lenders rope in PwC

An agent for a group of lenders has appointed PricewaterhouseCoopers (PwC) as receiver for pledged assets of scandal-hit OW Bunker Group.ING Bank, a security agent for a syndicate of lenders to OW...

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Offshore and marine sector in dire straits

The offshore and marine sector appears to be sailing into a perfect storm of sinking oil prices, rig oversupply and cuts in capital spending by oil companies, prompting Maybank Kim Eng to downgrade the...

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Coffee shop boss nets top entrepreneur prize

The food and beverage business has brought riches for entrepreneur Ricky Kok, but his early days in the game were more about survival than anything.Mr Kok, the managing director of coffee shop operator...

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ST Engg gives senior bosses new roles

Mainboard-listed defence and engineering group Singapore Technologies Engineering (ST Engineering) has announced new roles for three senior bosses.Mr Lee Fook Sun, 58, president of both Singapore...

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Markets set to rise on good vibes from China, West

Asian markets spent much of last week in a glum mood, but surprising news from China and Europe and a strong lead from Wall Street - all coming out late on Friday - could help inject some cheer into...

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Australia to net $6.4b from insurer's IPO

PERTH - Australia said yesterday it would list state-owned health insurer Medibank with a market capitalisation of A$5.7 billion (S$6.4 billion), exceeding the top end of a range indicated in its...

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Top entrepreneur prize recipients

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Euro struggles in Asia on ECB chief comments

SINGAPORE - The euro struggled to recover in Asian trade Monday after being hammered at the end of last week in response to comments from the European Central Bank (ECB) chief hinting at further...

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Time to pick up bargains in oil and gold?

It has not been an easy year for commodities, hard or soft, with prices for everything from crude oil to corn lower now than a year ago. The S&P GSCI, a major benchmark index that tracks commodity...

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Saying 'I do'...to giving that hongbao

How do I love thee? Let me count the bills.The total sum might just sweep you off your feet.As you can probably tell, I have recently discovered precisely how expensive weddings in Singapore are.Seeing...

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Dad lost money, son found financial smarts

Accountancy student Joey Ong may have taken a longer path to get to university, but the journey has left him better prepared to take advantage of financial opportunities ahead.Mr Ong had a rosy...

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SingTel, banks weigh on STI

A BOUT of profit-taking in banking and telecommunications counters offset positive leads from Asia to send local shares into negative territory yesterday.The benchmark Straits Times Index shed 4.79...

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