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Winsta Group sues 13 directors, officers over 'breach of duties'
Investment firm Winsta Group is taking legal action against 13 executive directors and officers.M Development, the company's holding company, told the Singapore Exchange (SGX) yesterday that the...
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EU to strengthen relationship with Asean
THE European Union (EU) has been a significant - if underrated - partner in ASEAN and Singapore, but it is stepping up its commitment to the region, said the EU's ambassador to Singapore yesterday.Dr...
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S'pore 'well set up' to be LNG pricing benchmark
SINGAPORE, in its ambition to become a major liquefied natural gas (LNG) trading hub, could well become the key pricing benchmark of South-east Asia, said economics professor Peter Hartley.But he added...
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Advice to SMEs: Embrace technology
Small and medium-sized enterprises (SMEs) must innovate to improve their operations and adjust to changing market conditions, said the Minister of State for Trade and Industry yesterday.Mr Teo Ser Luck...
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Bond buying made easy for retail investors
RETAIL investors can now research and buy bonds at online financial platform Fundsupermart.The bond market has long been the preserve of the wealthy but keen interest among retail investors in the...
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1MDB's cash crunch
The recipe for the downfall of any company is taking on short-term debt to fulfil long-term projects. This is what symptomises 1Malaysia Development Bhd's (1MDB) ills, which needs some RM40bil in the...
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Minister: Sacking 1MDB board a 'waste of time'
PETALING JAYA - Sacking board members of 1Malaysia Development Berhad (1MDB) would not get to the bottom of the truth, said Datuk Abdul Rahman Dahlan.In a statement on Friday, the Urban Wellbeing,...
View ArticleJapan, S Korea financial chiefs resume talks amid diplomatic row
TOKYO - Japan and South Korea on Saturday held the first dialogue of their financial chiefs in two and a half years, agreeing to improve economic ties despite diplomatic frictions between the two Asian...
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Best dressed
Scrupulous space planning was key to transforming this awkwardly shaped space into a chic urban retreat.Who: A couple in their early 30s and their dogHome: Three-bedroom condominium apartment in the...
View ArticleJohor says banks too stringent in giving out housing loans
JOHOR BARU - Banks are becoming overly cautious in disbursing housing loans to buyers, even first timers who meet the more stringent requirements set by Bank Negara.State Secretary Datuk Ismail Karim...
View ArticleAsean among most exciting investment targets
KUALA LUMPUR - Templeton Emerging Markets Group's executive chairman views Southeast Asia as among the most exciting investment destinations available to emerging and frontier market investors.In his...
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Volkswagen still bugged by consumer complaints
VOLKSWAGEN (VW) continues to have the dubious honour of hogging the pole position when it comes to customer complaints.Data from the consumer watchdog, Consumers Association of Singapore (Case), showed...
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IE Singapore gives pointers on tapping an integrated ASEAN market
SINGAPORE companies should focus on ASEAN economies such as Thailand and Indonesia that are most ready to gain from integration, and zoom in on sectors that tap the region's manufacturing and consumer...
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Toshiba pullout not likely to hit retailers here
RETAILERS of Toshiba television sets and other home appliances here look set to be little affected by the Japanese giant's move to cease sales as the brand is no longer a big player in Singapore.A...
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Sodexo opens regional hub in Singapore
FOOD catering and facility management giant Sodexo opened its regional headquarters in Singapore on Friday, as part of its Asia-Pacific expansion plans. Located in Fusionopolis, the new office will...
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Think different
GIVEN a sterling resume in the first part of his career, Yancey Hai could be heading a big bank or financial services firm now. "But I don't want to run a bank," says the reserved 66-year-old with a...
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First batch of smart HDB homes to launch this week
SINGAPORE - The first smart HDB homes, Northshore Residences I and II, will be launched in this month's build-to-order (BTO) exercise, alongside other flats in Clementi, Sembawang and Tampines.Smart...
View ArticleFukushima operator wins Qatar utility contract
TOKYO - The operator of the tsunami-crippled Fukushima nuclear plant has jointly won a large power and water infrastructure contract in the desert state of Qatar, it said Monday.Tokyo Electric Power...
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