Keppel Infrastructure Trust commences trading on SGX
SINGAPORE - Keppel Infrastructure Trust (KIT), formerly known as CitySpring Infrastructure Trust (CIT), has commenced trading on the Singapore Exchange as the enlarged Trust, following the completion...
View ArticleAlibaba.com partners SingPost in Southeast Asia outreach
SINGAPORE - Alibaba.com has announced the launch of the "Alibaba Merchant Delivery Scheme" to provide members with logistics solutions and consultation services in co-operation with logistic partners...
View ArticleUS airlines expect record summer international traffic
WASHINGTON - Leading US airlines are projecting a banner summer for air travel as international flights carry an all-time high number of passengers, an industry trade group said Monday.Airlines for...
View ArticleIndonesia's infrastructure inertia stalls builders
JAKARTA - For Indonesia's second-largest state construction firm PT Wijaya Karya Tbk, the half-year since President Joko "Jokowi" Widodo took office with promises of a massive infrastructure push has...
View ArticleClik here to view.
Choa Chu Kang EC site released for sale
SINGAPORE - The Housing & Development Board (HDB) has released an Executive Condominium site for sale today under the confirmed list in the first half of 2015 (1H2015) Government Land Sales (GLS)...
View Article5th Chief Negotiators' Meeting on establishing AIIB on May 20-22
SINGAPORE - The 5th Chief Negotiators' Meeting on establishing the Asian Infrastructure Investment Bank (AIIB) will be held from May 20 to 22 in Singapore.Representatives from the 57 prospective...
View ArticleCashing out: millions 'disappear from China bank accounts'
A businesswoman deposited the equivalent of almost US$2 million (S$2.65 million) at a branch of China's largest bank but only US$20 remained after most of it was transferred without her authorisation,...
View ArticleFive big banks face criminal charges and $6.68 billion bill over FX rigging
LONDON/NEW YORK - Five of the world's biggest banks are expected to be hit with a combined bill of more than $5 billion (S$6.68 billion) and criminal charges on Wednesday in a settlement with US and...
View ArticleCruise giant eyes Boracay as Asian hub
BORACAY, Aklan-US-based cruise giant Royal Caribbean is planning to make Aklan its hub for the region as the province emerges as the "cruise haven of the Philippines."In 2014 alone, Boracay Island...
View ArticleJapan economy picks up pace in wobbly recovery
TOKYO - Japan's economy grew more than expected in the first three months of the year, data showed Wednesday, as it crawls back from a brief recession, but observers cautioned that a strong recovery...
View ArticleLos Angeles raises minimum wage to $20
LOS ANGELES - The city of Los Angeles voted Tuesday to increase minimum wage from $9 (S$12) to $15 an hour in a move that is expected to boost quality of life for hundreds of thousands of its...
View ArticleBan urges Korean firms to join sustainable development drive
UN Secretary-General Ban Ki-moon on Tuesday called for South Korean firms to step up efforts to achieve sustainable development."The Korean industry is dynamic. Everybody agrees, and it is growing. I...
View ArticleToshiba 'padded profits by S$441 million in 2 new projects'
Toshiba Corp. overstated its profits by ¥40 billion (S$441 million) in its two new infrastructure projects after it failed to reflect cost increase in its financial report, it has been learned.The ¥40...
View ArticleDeezer prepares for battle in competitive music streaming sector
PARIS - French music-streaming service Deezer is preparing for a "decisive" battle as it faces off against big names like Spotify and American rapper Jay-Z's new venture Tidal, its CEO said."I think...
View ArticleClik here to view.
The coming goldmine in mobile shopping
Only a few brick-and-mortar players or e-commerce players can claim to have achieved retail "nirvana" - the ability to provide an exceptional omni-channel shopping experience that spans across the...
View ArticleClik here to view.
Private vs public housing in Singapore: What are the main differences?
Welcome to the world's most expensive housing market.If you want your own house in Singapore, then you are one home loan away from rationing individual bee hoon strands. On the upside, expensive...
View ArticleIdeological mountain to climb for China-India business
SHANGHAI - India's democratically elected Prime Minister Narendra Modi viewed Shanghai's gleaming skyscrapers at the weekend in search of pointers for his economy, but China believes its one-party...
View ArticleOil prices to face selling pressure
PETALING JAYA - The recent oil price rally doesn't seem to have legs as prices came under pressure on stronger dollar and growing stockpile.Oil prices have been hovering around the US$65 (S$87) level...
View ArticleIndonesia government asked to do more to revive oil industry
Oil and gas companies have warned the government to take more concrete action to revive the country's oil and gas industry, which has suffered not only from a decline in production, but also in terms...
View ArticleLand sale in Cameron Highlands under graft probe
PETALING JAYA - Graft busters are investigating the sale of land in Cameron Highlands, in which several farmers were allegedly cheated of millions of ringgit.Malaysian Anti-Corruption Commission...
View Article