Sony to slim down with eye on profit
Sony Corp. slashed the sales target of some of its product lines, including smartphones and television sets, in its business plan toward fiscal 2017 - marking an unprecedented shift in tactics for the...
View ArticleS. Korea and Hong Kong to link up on creative economy
President Park Geun-hye and Hong Kong Chief Executive Leung Chun-ying discussed ways to promote cooperation on the creative economy, officials at Cheong Wa Dae said on Wednesday."I heard that the chief...
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Top K-pop agency denies Alibaba investment report
SEOUL - South Korea's top K-pop entertainment firm on Tuesday denied a report that it was the target of a major investment deal worth at least US$90 million (S$117 million) from Chinese e-commerce...
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Businesses like banks, gyms can operate in some industrial areas
Commercial businesses such as minimarts, banks, clinics and fitness centres can now operate out of certain industrial buildings.This is part of new guidelines, drawn up by the Urban Redevelopment...
View ArticleCement consumption on the rise in Vietnam
HA NOI - In spite of continuing economic difficulties, cement and clinker consumption next year will reach roughly 71 million to 73 million tonnes, a four- to seven-per cent year-on-year increase.The...
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Maybank's net profit falls, S'pore operations doing well
Maybank said yesterday that a difficult operating environment dragged down overall profit for the first nine months of the year, even as its operations here grew strongly.Net profit at Malaysia's...
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Gloomy October for manufacturing sector
Dismal manufacturing output last month is a sign that the Singapore economy is not destined to end the year on a festive note.It was only a strong showing by the biomedical segment that stopped factory...
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SGX to offer bond trading platform by next year
The Singapore Exchange (SGX) plans to launch a bond trading platform by the middle of next year.The platform will initially trade Asian corporate bonds in G3 currencies - the United States dollar, euro...
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Property sector 'needs Govt support
The real estate sector could be heading for major trouble unless the Government takes "supportive measures" to help set it right.The stark warning came last night from the leading industry body, Real...
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Owners' bid to recover legal fees dismissed
A group of minority owners who got the $500 million Horizon Towers sale killed in the High Court are not entitled to claim more than $500,000 in unrecovered legal costs as these are "a necessary...
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URA releases historic Beach Road site
Developers with an eye to an arresting chapter of Singapore's history are being invited to bid for the old Beach Road Police Station site.The 99-year leasehold plot between Beach Road and Rochor Road...
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Investors 'unsure how much cash to save'
Investors are in two minds over how much of their cash they should have at the ready, and how much to stash away in investments.A survey has found that investors generally think that cash should make...
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StarHub, UOB net awards for staff engagement, community work
Telco StarHub has been honoured for its employee engagement efforts and named as one of Asia's top four companies to work for, while United Overseas Bank (UOB) was named as one of the leading community...
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Interns in tech industry paid handsomely
A 19-year-old student at Cornell University recently compiled a list of top internship offers by some of the largest tech giants in the US.Ms Jessica Shu obtained these figures from her colleagues,...
View ArticleMAS quarterly loss widens
KUALA LUMPUR - Malaysia Airlines (MAS), which will be delisted from the stock exchange by the end of the year for a complete overhaul, said losses widened to RM576.1mil for the three months ended Sept...
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5 of the coolest workplaces in Singapore
SINGAPORE - More companies here are putting in the money and effort to spruce up their offices with fun designs and playful elements beyond the typical drab and grey cubicles, in the hope that this...
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Indonesia wants to collaborate with S'pore on training workers
Indonesia hopes to work with Singapore to improve the skills of Indonesians who take jobs abroad, Manpower Minister Hanif Dhakiri said.This might involve an exchange of instructors to ensure the...
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Tigerair to shed loss-making Australian arm
Tigerair shareholders have agreed almost unanimously to plans to discard the money-losing budget carrier's Australian arm and launch a fund-raising drive, as part of a turnaround plan.About 99 per cent...
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