Oil prices fall as Iran, world powers seek nuclear deal
Oil prices fell on Monday, extending steep losses from the previous session, as Iran and six world powers tried to reach a deal that could add oil to the market if sanctions against Tehran are...
View ArticleHong Kong retail rents drop as Chinese shoppers stop
HONG KONG - A drop in Chinese tourist numbers is driving down shop rentals in Hong Kong, with vacancies increasing in the same prime areas that just three years ago pipped New York's Fifth Avenue to...
View ArticleNo subletting of HDB industrial properties from June 1
SINGAPORE - From June 1 this year, new and existing tenants of Housing and Development Board (HDB) industrial properties will not be allowed to sublet their industrial properties, the HDB said in a...
View Article91 per cent employees here believe in upgrading skills to enhance employability
SINGAPORE - More than 91 per cent of employees in Singapore believe that refreshing their skills every five years will enhance their employability, according to the Randstad Q1 2015 Workmonitor.This is...
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'I made a lot of textbook mistakes'
FINAL-YEAR Singapore Management University (SMU) student Ronald Sim, a business and finance major, laughs when he recalls his first investments, made using money his parents saved for his university...
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MMI on fast-track expansion path
MODERN Montessori International Group (MMI) is starting to reap the rewards of the groundwork they laid out in the last few years. On Monday, the preschool education provider marked a significant...
View ArticleMore jail time for former director
The sentencing came after the High Court's decision last week to overturn a district court's acquittal of Mark Edward Tjong, 49, an American citizen who is a permanent resident here, on one count of...
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New Lease Buyback Scheme to start on April 1
SINGAPORE - More elderly HDB flat owners will be able to benefit from the Lease Buyback Scheme (LBS) when changes kick in on April 1.In September 2014, the Government announced four key changes to LBS...
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It's time for businesses to build a 'we economy'
Do you place your phone next to you on the dinner table at a restaurant and sometimes sneak a peek between servings?Does your child watch television while simultaneously playing video games on a tablet...
View ArticlePrivate apartment resale prices dip again
Resale prices of private apartments continued their slide last month, though they fell at a slower pace compared with January.The Singapore Residential Price Index (SRPI) declined 0.3 per cent last...
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Abbott opens $33m nutrition R&D plant
Global healthcare firm Abbott has opened its first nutrition pilot plant in Asia here, a US$24 million (S$33 million) investment which will also serve as the group's second research and development...
View ArticleMTI makes changes at five statutory boards
The Ministry of Trade and Industry announced appointment changes at five statutory boards yesterday.Mr Loh Khum Yean will be reappointed chairman of the Energy Market Authority (EMA) board.Four new...
View ArticleBrazil arrests man with SembMarine link
A man linked to Sembcorp Marine's oil rig construction contracts in Brazil has been arrested on bribe-related charges.He is connected to the companies engaged by SembMarine as consultants for its...
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The history driven consultant
More than 50 years after the passing of Andrew Thomas Kearney, founder of the fourth largest privately held management consultancy that bears his name, a 56-year-old Dutchman is striving to keep his...
View ArticleCasino Regulatory Authority to get new chairman
THE Casino Regulatory Authority (CRA) will get a new chairman from Thursday, the Ministry of Home Affairs (MHA) announced yesterday.Mr Lee Tzu Yang, who currently serves as the statutory board's deputy...
View ArticleChina says Taiwan welcome to join AIIB with appropriate name
BEIJING - China welcomes Taiwan's decision to apply to join the Beijing-led Asian Infrastructure Investment Bank (AIIB) as long as the self-ruled island uses an appropriate name, state news agency...
View ArticleURA launches improved property price index
SINGAPORE - The Urban Redevelopment Authority (URA) has revised its index methodology and expanded data coverage to capture all private home transactions for the property price index (PPI).The PPI is...
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