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Shopping in Malaysia now a bargain

Malaysia is now Asia's cheapest shopping destination due to the weaker ringgit, according to Nomura Research.Nomura ASEAN property analyst Sai Min Chow said he expected the weak ringgit and relatively...

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Singapore third largest investor in Viet Nam: FIA

HA NOI (VNS) - Singapore became one of the top three foreign investors in Viet Nam by the end of February, with a total investment capital of US$33 billion)(S$45 billion).This was revealed by the...

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Singapore inflation edges up slightly to -0.3% in Feb

SINGAPORE - Inflation for all items was recorded at -0.3 per cent in February, up slightly from the -0,4 per cent in January this year, the Ministry of Trade and Industry (MTI) said on Monday.This was...

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Noble Group

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No more service tax on Malaysia credit cards

PETALING JAYA: Credit card holders will have to pay the 6 per cent Goods and Services Tax (GST) on the card's annual fee, but the RM50 service tax will be dropped."Some banks may however waive the...

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Qantas plan to tie-up with China Eastern Airlines rejected by competition...

SYDNEY - Australia's competition watchdog said on Tuesday it plans to reject a proposal for Qantas Airways and China Eastern Airlines Corp to co-ordinate operations.In a draft decision, the Australian...

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Buffett tells foreign investors good profits to be made in US

WASHINGTON - Berkshire Hathaway Inc Chief Executive Officer and Chairman Warren Buffett said on Monday the US economy and investment climate are a tailwind for his companies' success and encouraged...

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S Korea, New Zealand sign free trade pact

South Korea and New Zealand signed a free trade agreement in Seoul on Monday, as part of efforts to expand bilateral ties in economy, science, defence and maritime affairs.President Park Geun-hye and...

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Malaysia's IHH buys 51 per cent stake in India's Continental Hospitals

KUALA LUMPUR - Malaysia's IHH Healthcare Bhd, Asia's largest hospital operator by stock market value, said on Monday it had bought a 51 per cent stake in India-based Continental Hospitals Ltd for...

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Australia, New Zealand dollars fly higher, eye China data

SYDNEY/WELLINGTON - The Australian and New Zealand dollars remained in the ascendant against the US dollar on Tuesday as investors scaled back bets on the pace of rate rises by the Federal Reserve.The...

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ASEAN agrees to start banking integration process

ASEAN's financial and banking authorities have agreed in principle to start the process of banking integration in the region as part of the wider implementation of the ASEAN Economic Community (AEC) by...

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Businesses win recognition for management excellence

HA NOI - Nineteen Vietnamese businesses have been awarded the 2014 national gold quality awards in recognition of outstanding performances in the building and application of management systems.In...

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USD, not GST, giving businesses a headache

GEORGE TOWN: It's the "USD", not "GST" which is giving most businesses a headache these days.A chat with a number of them from Penang and Sabah showed that they were more concerned about the...

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4 reasons why Singaporeans aren't investing more

To Singaporeans, investing is like your "favourite" relative. You know, the one whom you dread dealing with every family gathering.Like the grand-auntie who always pinches your cheeks and reminds you...

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Embarking on a full home renovation? Here's how to not screw up your...

My idea of home renovation might involve lots of Blu-Tack and masking tape, but don't let that stop you from hiring a real interior designer if you don't want to humiliate yourself when HDB comes...

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STI rises amid Wall Street uncertainty

An astonisingly boring session yesterday finished with the Straits Times Index just about managing to stay in the black - up 3.13 points at 3,413.26 with tepid volume of one billion units worth $1...

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Sibor shoots past 1 per cent to hit 6-year high

A bencmark local interest rate, to which many mortgages here are pegged, has surged to a level not seen since December 2008.The three-month Singapore interbank offered rate (Sibor) - the rate at which...

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3.4% drop in industrial output for S'pore expected: Poll

SINGAPORE'S industrial production probably fell last month from a year earlier, dented by weak exports and the timing of the Chinese New Year holiday, a Reuters poll showed.The median estimate in the...

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Chinese factory activity at '11-month low'

BEIJING - Activity in China's factory sector dipped to an 11-month low this month as new orders shrank, a private survey showed, signalling persistent weakness in the world's second-largest economy...

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'Invest in risky but rewarding start-ups'

KOTA KINABALU - Financial authorities are finding ways to spur more venture capitalists into investing in risky, but highly rewarding start-ups, such as those involving ICT.Assistant governor...

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