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Takashimaya thrives, 20 years and counting
SINGAPORE - Last year, Takashimaya Singapore marked its 20th anniversary. The operator of Singapore's biggest department store was able to rise to the occasion, drumming up record sales of $639...
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Football and Iraq make for a flat STI
SINGAPORE - The distractions of the World Cup and the deepening crisis in Iraq that has sent oil prices soaring deterred investors from taking on too many risks yesterday.The benchmark Straits Times...
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Singapore's exports unexpectedly drop 6.6 per cent in May
Singapore's non-oil domestic exports fell 6.6 per cent in May from a year earlier, after rising 0.9 per cent in April, trade agency IE Singapore said on Tuesday. Exports had also fallen 6.6 per cent in...
View ArticleAsia shares mixed as traders watch Iraq, Fed meeting
HONG KONG - Asian markets were mixed Tuesday, with Wall Street providing a tepid lead ahead of the US Federal Reserve's latest policy meeting, while oil sat at nine-month highs as traders nervously...
View ArticleTurmoil in Iraq 'certain to affect China oil prices'
IRAQ - The security crisis in Iraq will affect oil prices in China and change the mix of the country's overseas oil supply sources in the long run, energy industry experts say.Iraq is China's...
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POSB/DBS services hit by 'connectivity issue'
Some people using DBS and POSB ATMs and online services yesterday faced problems with their transactions because of a "connectivity issue", said the bank. The problem, which reportedly started at about...
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Singapore workers 'among least satisfied in Asia-Pacific': Survey
SINGAPORE - Recruitment firm Randstad's survey of 5,670 Singapore workers found that nearly half - 46 per cent - do not like their jobs, while three-quarters see their job as nothing more than a way to...
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Ex-investment banker finds success with property venture
SINGAPORE - Property fortunes move in cycles, a fact that real estate investor Zain Fancy knows all too well.The 40-year-old former high- flying investment banker has already been through more...
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Based in S'pore, informing the US
SINGAPORE - They are located more than 15,000km away from New York, the world's financial centre, and have not set foot on United States soil since 2008.But from the comfort of their Sentosa Cove home,...
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Boutique hotel in Kampong Glam for sale
SINGAPORE - A boutique hotel - comprising three shophouses along Jalan Klapa, off Victoria Street in the Kampong Glam Conservation Area - has been put up for sale with an indicative pricing of $17-18...
View ArticleUK retailer Mothercare could cut up to 500 jobs: Times London
BANGALORE - British baby goods retailer Mothercare Plc could cut as many as 500 customer service adviser roles as part of its restructuring plans, according to the Times of London.Mothercare plans to...
View ArticleCan billionaire Vincent Tan get a casino licence at Pahang resort?
PETALING JAYA - While Berjaya Corp Bhd (BCorp) founder Tan Sri Vincent Tan is hoping to be second-time lucky in his quest for a casino licence, industry observers believe the chances of him succeeding...
View Article9 IPOs launched by Chinese companies in US this year
With more and more Chinese companies flocking to the United States for initial public offerings (IPOs), this year will probably be the season of the Chinese IPOs. So far, nine Chinese companies have...
View ArticleOil prices mixed ahead of Fed decision, Iraq fears linger
SINGAPORE - Oil prices were mixed in Asia Wednesday as dealers await the US Federal Reserve's latest policy statement while also tracking ongoing violence in crude producer Iraq.US benchmark West Texas...
View ArticleUS is key to Uniqlo's global aspirations
NEW YORK - Many of the details of Uniqlo's aggressive US expansion still need to be worked out, but at least one thing is clear: the campaign will start on the coasts.The Japanese apparel chain, known...
View ArticleLaunch of second half 2014 Industrial Government Land sales programme
SINGAPORE - The Ministry of Trade and Industry (MTI) has launched its Industrial Government Land Sales Programme for the second half of 2014. To continue to meet potential demand for industrial land,...
View ArticleAsia shares mostly lower, weaker yen boosts Tokyo
HONG KONG - Asian markets were mostly lower on Wednesday as tensions in Iraq dampened buying sentiment and investors await the outcome of the US Federal Reserve's policy meeting later in the day.The...
View ArticleMigrant worker exodus hits Thailand's agriculture, construction sectors
Of the more than 100,000 Cambodian workers who fled Thailand, 60-70 per cent were in the construction and agricultural sector in the East, permanent secretary for Labour Jeerasak Sukhonthachart said...
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$10,000 grant for bosses who try flexi-work schemes
MORE incentives for employers to try out flexible work arrangements and implement health programmes for workers will be rolled out from July 1.Senior Minister of State for Manpower and Health Amy Khor...
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