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Credit cards made gambling ‘too easy’
A former problem gambler is candid about how he sank deep into debt from gambling - and says new restrictions on credit card debt could have averted his plight."Gambling makes you live in denial and...
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Singapore equity market to stay 'resilient'
The Singapore equity market should stay resilient in the face of a rising interest rate environment. A stabilising earnings revision trend, single-digit earnings growth, reasonable market valuation and...
View ArticleLazada Group reaches $1.36 billion of annualised GMV
SINGAPORE - Online retailer Lazada Group has achieved an annualised gross merchandise volume of US$1 billion (S$ 1.26 billion) in March, up 350 per cent from the same period a year ago.In its third...
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ASEAN next battleground for consumer firms
ASEAN countries will become one of the largest markets and a "must-win battleground" for consumer-goods companies in the next five years, Accenture has found through a study involving more than 1,800...
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Lifting the veil on insurance pricing
A DECADE ago, getting comparative quotes on life insurance plans was an uphill task, even for a financial journalist.Today the CompareFirst portal (www.comparefirst.com.sg) - a joint effort by the...
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Shaping management education in Singapore
DURING the Asian Management Conclave (AMC) held at Singapore Management University (SMU) last month, deans of leading business schools in Asia came together to discuss the future of management...
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Here's what you need to know about qualifying for a personal loan
We've been receiving lots of questions from distraught readers about whether they can qualify for a personal loan.We figure you've got to be pretty desperate if you're actually writing in to ask us...
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Local brands growing in cachet
WHILE competition will come from all directions for a slice of the ASEAN consumer market, interest in local brands will remain strong in the region, Accenture's latest study found out.In Singapore, for...
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The ultimate MoneySmart guide to CPF housing grants in Singapore
I've never tried skydiving. I guess it's fun and exciting. But only if you've got a parachute strapped to your back when you jump out that plane. Buying a HDB flat is like skydiving.The parachute is...
View ArticleSPH reports Q2 net profit of $69.6m
SINGAPORE - Singapore Press Holdings (SPH) reported today (April 14) that its net profit attributable to shareholders for the second quarter if its financial year, ended Feb 28, was $69.6 million, 14.4...
View ArticlePetronas CEO denies reports of staff pay cuts
KUALA LUMPUR - Malaysian state oil firm Petroliam Nasional Bhd (Petronas) on Wednesday denied a media report that said staff at one of its units were asked to take a pay cut due to the plunge in global...
View ArticleYahoo and Facebook shares outperform Google in Frankfurt
LONDON - The Frankfurt-listed shares of Internet companies Yahoo and Facebook outperformed those of rival Google, after media reports that Google would face anti-trust action from the European...
View ArticleIndonesia posts higher-than-expected trade surplus
JAKARTA - Indonesia posted a higher-than-expected trade surplus of US$1.13 billion (S$1.54 billion) in March, the fourth consecutive month that Southeast Asia's biggest economy has recorded a surplus,...
View ArticleNokia agrees $22.5bil deal to buy Alcatel-Lucent
PARIS - Nokia has struck a 15.6 billion euro (S$22.5 billion) deal to buy its rival Alcatel-Lucent to create the world's biggest supplier of mobile phone network equipment, both firms said...
View ArticleEU to formally charge Google in anti-trust case
BRUSSELS - The EU is expected to formally charge Google Wednesday with abusing its dominant market position in Europe, taking on the US Internet giant in one of its most high-profile anti-trust...
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Retail sales up 15.8% in Feb compared to a year ago
SINGAPORE - Retail sales increased 15.8 per cent in February from the same period a year ago, the Department of Statistics (SingStat) said on Wednesday.The total retail sales value in February 2015 was...
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