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Accountancy body names Gerard Ee as president
SINGAPORE - Mr Gerard Ee has replaced Dr Ernest Kan as president of the national accountancy body from April 19, the ISCA said in a statement on Tuesday.Get the full story from The Straits Times.Here...
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Takeover fever livens up trading scene
SINGAPORE - Cheap asset plays are back in favour on the local bourse.Takeover fever swept across the market last week, as CapitaLand announced plans to buy up the rest of CapitaMalls Asia (CMA), while...
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Pteris chairman warns against directors' ouster
SINGAPORE - PTERIS Global chairman Lim Joo Boon said a move to oust five of the firm's directors would place the company in an "undesirable position".The attempt by director and major shareholder...
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Sky Habitat relaunch draws crowds with lower prices
SINGAPORE - Attractive pricing and a revamped showflat drew a crowd of buyers at the Sky Habitat project in Bishan over the weekend.Developer CapitaLand sold 80 units last Saturday as the Bishan Street...
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Traditional businesses facing tough times
SINGAPORE - Times change at lightning speed in the business world, but some small traditional operations are still hanging on despite daunting economic challenges.A labour shortage, evolving consumer...
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He took the plunge to build brand of serviced apartments
SINGAPORE - Mr Choe Peng Sum had no idea when he joined conglomerate Fraser & Neave (F&N) 18 years ago that he would end up running one of the world's leading brands of serviced apartments.Mr...
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Get fair deal for shareholders in takeovers
SINGAPORE - The pace of trading has quickened again in recent days as a fresh wave of takeovers sweeps across the market.One observation about this takeover fever is that companies are not overpaying...
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On a mission to unearth 'hidden billionaires'
As the editor of Bloomberg Billionaires you would think Mr Matthew Miller might spend his time hobnobbing with the jetset, but the reality is far more mundane.Much of Mr Miller's time and that of his...
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The puzzle of Singapore's weak exports
SINGAPORE -Â Non-oil domestic exports (Nodx) to other countries have been persistently tepid despite a pick-up in the global economy, including in Singapore's major markets - Europe and the United...
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Demand for shop space drops in first quarter
There was more demand from tenants for space to set up restaurants and gyms than shops in the first quarter - a possible sign that high labour costs are squeezing retailers.New indicators from the...
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SGX profit unchanged despite slowdown
Despite  tough trading conditions, the Singapore Exchange kept profit almost unchanged at $75.8 million in the third quarter ended March 31, compared with the second quarter.Yet, that still failed to...
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Strong factory output for a second month
Singapore's factories have powered to a second straight month of unexpectedly strong output in fresh evidence the economy is doing better than first thought.The manufacturing sector was firing on all...
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City-fringe location keeps Bishan in strong demand
A flurry of new launches in Bishan in the second half of last year generated healthy sales, but the cautious outlook pervading the property market is likely to cause prices in the area to moderate...
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MBS' Q1 profit up 9.7 per cent to $548 million
Las Vegas casino mogul Sheldon Adelson is circumspect about the prospects of his bid for more land to expand hotel capacity at Marina Bay Sands, owned by Las Vegas Sands Corp (LVS).Mr Adelson, LVS...
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Stamford Tyres opens $25m facility
Stamford Tyres Corporation opened a new commercial centre and warehouse yesterday that doubles its storage capacity while boosting efficiency through the use of high-tech tracking systems.The $25...
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Private home prices fall in all districts
Moves to rein in the once red-hot property market are biting, with prices taking another beating in the first quarter.Private home prices fell across the island - the first time in nearly five years...
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Look to new launches for discounts
In the world of shopping, it's easy to spot a sale.Big, bold, red-lettered signs plastered all over stores' windows, proclaiming huge discounts and savings.But it's not so simple in real estate. To...
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Kitchen island hangout
A sleek kitchen island is the centrepiece of businessman Desmond Teo's contemporary executive flat.The feature, which also includes a sink, is the first thing that guests notice as they enter his...
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8 signs you are obsessed with your job
Are you in love with your job and don't even know it?While many people dread waking up on Mondays and have to drag their feet to work, there are some lucky workers who actually find joy in going to...
View ArticleSingapore exchange struggles to grow as rivals thrive
SINGAPORE - A dearth of big-name share listings of overseas firms and a multi-billion-dollar penny-stock crash have hampered the growth ambitions of Singapore's stock exchange as Asian rivals flourish,...
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