Islamic finance looks to outgrow bad habits as it expands
After a year of landmark deals which are opening new markets for Islamic finance, the industry is under fresh pressure to address some of its shortcomings and prove that it is not just an imitation of...
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Rental yields of suburban luxury homes stay stable
Home values and rents might have fallen in the past year, but investors in suburban and luxury condominiums might still enjoy a silver lining.Despite the weak leasing market brought on by a housing...
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Not all property owners have to buy fire insurance
Fire insurance for properties is not mandatory, as with many other forms of insurance, Minister of State for National Development Desmond Lee said in Parliament yesterday.Instead, it is up to owners to...
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More private properties being sold at a loss
More people here selling private homes suffered losses last year as prices across the island kept tumbling.In the most extreme cases, sellers of high-end properties gave up hope of a rebound and...
View ArticleChina boosts cross-border FX pay system
A pilot programme for cross-border foreign exchange payments will be expanded to support the development of cross-border e-commerce and limit the risks associated with online payments involving foreign...
View ArticleHong Kong billionaire Li Ka-shing bets on Europe as China slows
HONG KONG - Famed for his sharp business acumen and knack for perfectly timed investments, Hong Kong billionaire Li Ka-shing is shifting away from a slowing Chinese economy and bargain hunting in...
View ArticleChina manufacturing unexpectedly shrinks in January
BEIJING - China's manufacturing activity contracted for the first time in more than two years in January, an official survey showed Sunday, signaling further downward pressure on the world's...
View ArticleWidening labor gap in Taiwan due to declining birth rate
It is estimated that Taiwan's workforce will suffer an annual loss of approximately 180,000 workers between 2016 and 2060 according to statistics from the National Development Council (NDC).In addition...
View ArticleStart-ups can soon benefit from cheap, flexible office spaces
Regus plc, an international service office company, will be ready to receive startups as soon as its Brunei business centre is ready in April, a senior company executive said.The company will be...
View ArticleReining in unnecessary spending to save more cash
Spending money is probably the easiest thing to do particularly if it is the holiday season as prices are usually slashed, sometimes by half.In times like these, it is even more important to keep track...
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Cough up for coffee if you're eyeing commodities
Investing in commodities is something of a high-wire act these days with risks pretty much everywhere you care to look, so it's no wonder analysts are advising caution.There has been a bear market for...
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Need a major loan? Home in on your credit report first
I recently signed up for a new credit card.But instead of just one shiny new card, I received a second credit card - and another credit line to boot.This took me by surprise and made me curious about...
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EDB warns of slowdown in foreign investments
INVESTMENT commitments in Singapore is set to ease further from S$11.8 billion last year to S$9-11 billion in the next few years, according to the Economic Development Board.Indicating that investment...
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STI cruises along even as peers dip
Local shares shrugged off concerns over weak global economic growth to climb to their highest level in nearly two years yesterday, though analysts were mixed on whether this increase could be...
View Article3 new towers for KL city centre
PETALING JAYA - Plans to develop three new high-rise buildings near the Petronas Twin Towers in the Kuala Lumpur City Centre (KLCC) are speeding up, with tender documents for sub-works to be issued in...
View ArticleAlibaba establishes S$174.2 million fund in HK for startups
E-commerce magnate Jack Ma has not only set an example to aspiring Hong Kong entrepreneurs but also offered to help them with funding and, more importantly, a ready platform to tap the vast mainland...
View ArticleThere's more to Anbang story than just meets the eye
Anbang Insurance Group Co, a little-known Chinese insurer until last year, has gained sudden prominence in the financial and capital markets after a string of high-profile domestic and international...
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We hid nothing: Columbarium firm
The company behind controversial plans to develop a columbarium in Sengkang has said that it was open and transparent with the authorities about the tender.Funeral services company Life Corporation...
View ArticleGold jewellery biz losing its lustre
BANDAR SERI BEGAWAN - Local goldsmiths and jewellery businesses have been noting slower sales in recent years, with some stores even claiming there is "no purchasing power" among Bruneians...
View ArticleManufacturing in doldrums for 4 months
Indonesia's manufacturing activity slowed for the fourth straight month in January to a level that posed more serious threats of unemployment.HSBC Indonesia Purchasing Managers' Index (PMI), which...
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