China says employment resilient despite slower economic growth
BEIJING - China said on Friday that urban employment held up in the first quarter even as economic growth slowed to a 6-year low, but the labour ministry warned that authorities cannot be "blindly...
View ArticleAsian stocks mostly down despite Wall St record
HONG KONG - Most Asian markets retreated on profit-taking Friday, with dealers brushing aside a positive lead from Wall Street where the Nasdaq broke a 15-year-old record high, while the euro ticked...
View ArticleCouple's Woodlands flat gets posh $150k makeover
Type: Jumbo flat Size: 2,300 sqft Budget: $150,000 This one-of-a-kind jumbo flat in Woodlands was made even more spacious when the owners decided to expand the master bedroom into the room next door....
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Changi offers partners cost savings in drive to grow hub
COST-SAVING initiatives will be rolled out to help airlines and passengers save some S$180 million over the next two years, as well as to encourage more airlines to leverage on Changi Airport as a...
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$18m hongbaos for DBS staff are from managers' bonus pool
The hongbaos totalling S$18 million given to 18,000 DBS employees came from senior managers' bonus pool, said Peter Seah, chairman of DBS Group Holdings, on Thursday.As a result, the special bonus did...
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Nobel defends dividend payout ahead of AGM
Signs of discord between Nobel Design Holdings' management and some shareholders have surfaced over issues of dividend payout and the impact of boardroom conflicts.Murmurs of discontent come as the...
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Garuda's Singapore air travel business soars
Each time a Garuda Indonesia flight from Singapore lands in Jakarta, travellers pick up their bags from Belt 6, Terminal 2.No other route has a dedicated baggage belt, a mark of the significance of the...
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OCBC branch in Yangon starts operations
OCBC Bank has taken a key step forward into the large untapped Myanmar market with its Yangon branch commencing operations yesterday.It is one of the first three foreign banks to have won final...
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Consumer goods firms should go shopping
Traditionally, investors looking for consistent returns could reliably turn to consumer products companies to put their money to work.And why not? These companies had a formula for creating profitable...
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As Beijing steps up, it is also jostling for leadership
For many years, as China grew stronger and more influential, the United States has been pressuring it to assume more global responsibilities.Ten years ago, a senior American official, Robert Zoellick,...
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Asean's business community cautiously optimistic about AEC
ASEAN'S business community is largely optimistic about the prospects for 2015, despite or because of cheap oil prices and a strong US dollar.Indonesia is expected to be a star performer.And the era of...
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What drove man to make 80 attempts to qualify as cabby
SINGAPORE - Newly qualified cabby Shi Zhaolin has revealed to The Straits Times why he was so determined to land the job - after 79 failed attempts to pass the tests.The 61-year-old, who made headlines...
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Johor property slowdown expected to bite harder
Kuala Lumpur - Following a marked slowdown in demand for property in Iskandar Malaysia, property players expect further signs of a slowdown in the second half of the year, when marginal investors begin...
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DBS shareholders ask about US rate hike, possible SG50 perks at AGM
SINGAPORE - Shareholders of DBS Group Holdings yesterday quizzed directors at its annual general meeting on issues ranging from the consequences of a United States interest rate hike to possible SG50...
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Concerns piling up over Iskandar housing glut
Concerns over a housing glut in Iskandar have been aggravated by new figures from the Malaysian government.It said the total number of homes in Johor state will surge by more than 335,000, or 46.7 per...
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Nobel defends dividend payout ahead of AGM
SINGAPORE - Signs of discord between Nobel Design Holdings' management and some shareholders have surfaced over issues of dividend payout and the impact of boardroom conflicts.Murmurs of discontent...
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Workers evicted from shophouse because of unpaid rent
SINGAPORE - Workers for a local company, Semanto Construction, were evicted from their quarters in Geylang on Wednesday after their employer failed to pay the rent.Construction worker Huq Md Aminul was...
View ArticleJob seekers increasingly shun life in big cities
More job seekers are moving to smaller cities to escape the pressures of living and working in metropolises like Beijing and Shanghai, a report on employment in the first quarter said.Fueled by a...
View ArticleMan who quit his job for public good
Famous American poet Ralph Waldo Emerson once said, "We do not count a man's years until he has nothing else to count." This couldn't be truer when it comes to the frequently asked questions: What is...
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Couple's Woodlands flat gets posh $150k makeover
Type: Jumbo flatSize: 2,300 sqftBudget: $150,000This one-of-a-kind jumbo flat in Woodlands was made even more spacious when the owners decided to expand the master bedroom into the room next door. As a...
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