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Double whammy for Malaysia's economy
The penny has finally dropped for Prime Minister Najib Razak, who said on Tuesday he would revamp Budget 2015 - some seven months into a rout for crude oil which has seen the key Malaysian export lose...
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New condo sales in 2014 bring little cheer
Developers in Singapore were denied any Christmas cheer, as the property market last year ended with a whimper amid the worst sales in six years.Just 230 new condominium units were sold last month,...
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Gender diversity gets a boost from search firms
When fielding candidates for board director positions, search firms should ensure that at least 20-25 per cent of the candidates presented are women. And, they should aim to have clients interview at...
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SIA pilots' union to call snap polls
SINGAPORE - The union representing Singapore Airlines (SIA) pilots will call snap polls as early as next month, following a decision by the airline to stop offering re-employment to captains above the...
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SilkAir proves to be SIA's group bright spot in Dec 2014
In December 2014, Singapore Airlines' (SIA's) system-wide passenger carriage (measured in revenue passenger kilometres) fell 0.8 per cent from a year ago, while capacity (measured in seat kilometres)...
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Poor new-home sales in December sum up placid 2014 market
Developers sold just 230 private homes in the lull festive-cum-vacation month of December - down from the already-dismal 423 units moved the month before and marking a low not seen since early 2009 at...
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Geylang re-zoning may raise condo values
The proposal to re-zone some residential parts of Geylang for commercial use could lift the values of nearby condominiums.Property experts believe reducing the amount of space for homes will bolster...
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Smaller lot size 'may not result in trading surge'
Investing in pricey blue chip stocks will become more affordable next week with the introduction of smaller lot sizes.But remisiers and analysts do not anticipate an immediate surge of investor...
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Cambridge Industrial Trust looks to tech sector
Mainboard-listed Cambridge Industrial Trust (CIT) expects more firms from the technology sector to take up space at its industrial properties this year."The technology sector has been pretty vibrant,...
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More professionals switching to teaching
After 16 years as a deputy superintendent in the police force, Mr Colin Wong decided to make a mid-career switch to become a teacher, forgoing potential promotion opportunities and taking a 50 per cent...
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Open kitchens are hot
When operations supervisor Chuah Teck Leong, 25, and his wife, administrative assistant Sim Yi Ning, 23, were looking for interior design inspirations last year, they fell in love with the spacious...
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Record setting 2014 seen for maritime
The maritime industry can be cautiously optimistic about the months ahead after what looks like a record-setting year in 2014.Transport Minister Lui Tuck Yew said last night that advanced estimates...
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Move to amend bankruptcy debt threshold
Singapore's bankruptcy process may soon be available only for debts of $15,000 and more, up from $10,000.The move to change the bankruptcy debt threshold, last revised in 1999, is one of several...
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Investors, brace yourselves as ECB meets
Investors can expect more market turbulence over the next few days, courtesy of central bankers.However, a small rebound in oil prices and upbeat economic data from the United States on Friday could...
View ArticleChanges at Apex? Veteran stockbroker Chan may exit business
PETALING JAYA - Fresh talks of shareholding changes have emerged at stockbroker Apex Equity Holdings Bhd, which has seen rumblings among key shareholders since 2012.Sources said that an in-principle...
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Geylang eateries hit hard by alcohol rules
Many coffee shops in Geylang depend on beer drinkers, but business for some of them has fallen sharply, with the licences for some 40 coffee shops to sell alcohol being revoked.These coffee shops -...
View ArticleDemand for home loans jumps in euro zone
One in four banks across the euro zone saw a rise in home loan demand towards the end of last year and almost as many expect the trend to continue, a survey by the European Central Bank showed on...
View ArticleParliament: 150 firms investigated for discriminatory employment practices
SINGAPORE: The Ministry of Manpower (MOM) investigated and took action against 150 firms last year for having discriminatory employment practices, said Minister of Manpower Tan Chuan-Jin on...
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Consumption sluggish overall, but the rich are splashing out
TOKYO - While overall consumer spending remains weak in Japan, wealthy people have started splurging on art, jewelry and waterfront condos, among other baubles, as higher stock prices have them feeling...
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Drugmakers promoting tie-ups with Japanese universities, labs
TOKYO - Global pharmaceutical companies such as Pfizer, Bayer and GlaxoSmithKline are keeping a keen eye on the work of Japanese universities and laboratories, as they seek partners for joint research...
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