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Perks of US-S'pore FTA 'extend beyond economics'
WASHINGTON - Born out of a midnight golf game, the historic free trade pact between Singapore and the United States not only brought multiple benefits for both but was also the foundation for a new era...
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Korean star power for Catalist?
Investors here could soon be seeing stars - film stars that is - if plans by a South Korean film production group to list in Singapore bear fruit.Spackman Entertainment Group, one of the country's...
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Surprise slump in biomedical sector hits factory output
Factory output fell unexpectedly last month for the first time since June last year, mostly due to a surprise decline in biomedical production.Production slumped 2.5 per cent in May from the same...
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Global Invacom plans secondary listing in London
In a first for a Singapore-listed firm, satellite equipment maker Global Invacom is planning a secondary listing on London's Alternative Investment Market (AIM).AIM is a sub-market on the London Stock...
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Private equity deals, M&As make up for lack of IPOs
The flow of initial public offerings (IPOs) has been slow this year, but mergers and acquisitions (M&As) and private equity transactions have just about made up for it.There have been 143 equity...
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Hyflux sells global HQ building to Ascendas Reit
Water treatment firm Hyflux has sold the building housing its global headquarters to Ascendas Real Estate Investment Trust (Reit) for $170 million.The deal also includes an upfront premium of $21.2...
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'Regulate wholesale mobile service market'
Mobile users are one step closer to having more choices as potential telcos have revealed plans to set up shop here.But to pave the way for new players, firms taking part in a recent public...
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Great Eastern looking for new CEO
The group chief executive and executive director of Great Eastern Holdings is stepping down.Mr Christopher Wei, 46, is leaving to take up a post with insurer Aviva, where he will be chief executive for...
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Three plots for 1,700 homes up for tender
Three government residential sites were released yesterday - two in Sengkang and one in Choa Chu Kang.The 99-year-lease plots are on the confirmed list under the Government Land Sales Programme for the...
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Calls to be open about 'hidden' credit card fees
The "hidden" fees that can be slapped on to a credit card transaction have angered consumers and sparked calls for more transparency.Many of these fees are imposed when payments are routed through...
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In-house touch
AS an interior designer, Elizabeth Acland shapes the way her clients live."They come with a brief of how they want their home to look, and I make it a reality," says Ms Acland, co-founder of E & A...
View ArticleThe danger of overspending
Why are we sinking in a sea of debt? Is it because we spend too much at the pub, buy clothes we don't need, or purchase a new car when we can make do with the old? More likely than not, working adults...
View ArticleFocus on Iskandar flagship zones
Iskandar Malaysia has always been the influencing factor in Johor property, but Klang Valley-based developer MCT Consortium Bhd believes it's time buyers and investors zoomed into the different...
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Experts predict Q1 slowdown carried on into Q2 ahead of half-year data
The half-time scorecard for private property sales will be out next week, with most in the industry bracing for a downbeat set of numbers that few expect will get any better as the year progresses.The...
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S'pore-listed Reits back in popularity
Yield-hungry investors have rekindled their love affair with Singapore real estate investment trusts (S-Reits), as fears over interest rates hikes recede.Their purchases have enabled the FTSE ST Reit...
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Employers, unions told to consider portable scheme
SINGAPORE - Employers and unions should work together to introduce portable medical benefits for their employees, the MediShield Life Review Committee said yesterday.It also recommended more tax...
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When power play gets in the way of teamwork
Long work days mean many people spend most of their waking hours in the office with colleagues.However, just like in school, not everyone gets along.Cliques form and social exclusion, or ostracism,...
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Eerie calm in market leaves traders uneasy
As the year heads to the half-year mark, the biggest worry for traders must be the uneasy lull that has descended upon the market.Last week, the trading volume on Tuesday fell below levels encountered...
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Finding new ways to curb insider trading
The oft-heard complaints from investors that certain insiders get a heads-up about a big merger and acquisition (M&A) and try to cash in have become especially shrill in recent months.The grumbles...
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No payouts for some with tighter Workfare criteria
Not all workers earning below the ceiling of $1,900 a month get help from the Workfare scheme started in 2007 to supplement low-wage workers' income.Some 20,000 of them earn less than that amount, but...
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