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Energy firms, trusts 'will take backseat next year'

Energy companies and trusts dominated the listings market this year, but consumer-driven stocks and evergreens like health-care and environmental stocks will shine next year, said OCBC Bank.It also...

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Brew an idea, infuse creativity, stir well

Home-grown firm Tea Ideas is all about brewing fresh ways to enjoy tea, but this is not a process that has to involve complicated technology or millions or dollars.Director Jacinta Ong told The Straits...

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Verge mall, next-door complex for sale

The Verge mall and neighbouring Chill @ The Verge commercial block in Little India are up for sale, with offers between $320 million and $350 million expected.The Verge, which was revamped in 2009, is...

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New way to better reflect HDB resale market

The way the Housing Board's resale price index (RPI) is calculated will undergo a total revamp to give a better reading of the resale market.The new methodology takes into account more characteristics...

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S'pore's growth this year 'likely sub-par'

Economic growth is likely to have been subdued this year but could pick up slightly next year, a DBS economist has said.The economy is likely to have grown by about 3 percent overall for this year,...

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Petronas divests non-core assets, increases oil investments

KUALA LUMPUR - Petroliam Nasional Bhd (Petronas) will continue the divestment of non-core assets that offer little growth prospects, particularly in Africa, while at the same time look for investment...

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Petronas expanding ops in Indonesia

KUALA LUMPUR - Despite the falling oil prices, Petroliam Nasional Bhd (Petronas) is expanding in Indonesia by increasing oil production and it has no plans to cut capital expenditure in the country...

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Local stocks dip as oil woes go on

The benchmark Straits Times Index closed 7.11 points or 0.21 percent lower to 3,318.70 yesterday, after gaining for two straight days.The modest fall followed a 1.51 percent drop in the Dow Jones...

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Surfing FB at work? Big boss may be watching

Half the companies in Singapore may be monitoring their employees' Internet use at work for excessive personal use, a survey by recruitment firm Robert Half has found.Some 52 percent of the 75 chief...

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Cops probe club's 'phantom' memberships

The over 100-year-old Keppel Club has been rocked by a recent shocking discovery of "phantom" memberships involving over 1,000 accounts at the club.The Business Times (BT) understands that the case,...

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Weaker ringgit to draw Singaporeans in

JOHOR BARU: The ringgit's slide is expected to attract more Singa­poreans to snap up properties in the state, especially within Iskandar Malaysia.Johor Real Estate and Housing Developers Association...

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Malaysians expect yearly bonus

PETALING JAYA - Malaysia is among the top five countries in the world where employees expect a good pay rise and year-end bonus, according to a survey.That optimism, however, is not shared by Malaysian...

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China launches 3 new FTZs to test market

China is to launch three pilot free trade zones to test greater opening up, a government meeting decided on Friday.The new FTZs will be set up in coastal provincial areas of Guangdong, Fujian and...

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China launches 3 new FTZs to test market

China is to launch three pilot free trade zones to test greater opening up, a government meeting decided on Friday.The new FTZs will be set up in coastal provincial areas of Guangdong, Fujian and...

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China, US to tap trade and investment potential

Senior Chinese and United States officials will meet next week in Chicago for a high-level forum to address bilateral trade and investment issues and promote business opportunities.The Chinese...

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China likely to miss 2014 GDP growth target

Economic growth in China will slow to the lowest level since the global financial crisis of 2008 during the fourth quarter, leaving little chance of any rebound in industrial production and fixed-asset...

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Share homes appeal to single urban dwellers

To modern urban single dwellers, other people's company is often readily given up for the sake of privacy, but this privacy easily turns to solitude, a sense of being cut off from the rest of the...

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Work efficiency, time management key for female business leaders

Park Hyun-nam, the first female branch head of a foreign investment bank in Korea, does not believe women should be confined to "gentle leadership."In an interview with The Korea Herald, Park said she...

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China eyes KL-Singapore HSR project

A consortium of China's high-speed rail design, development and construction companies comprising China Railway Construction Corp Ltd (CRCC), The Third Railway Survey And Design Institute Group Corp...

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HSBC's Swiss private banking arm not for sale: Paper

ZURICH - The Swiss private banking arm of HSBC Holdings Plc is not for sale, its head said in a newspaper interview published on Saturday.Asked whether HSBC wanted to sell its Swiss business, Franco...

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