Temasek agrees to buy stake in A.S.Watson for S$7.3 billion
HONG KONG - Singapore state investor Temasek Holdings has agreed to buy a 24.9 per cent stake in Li Ka-shing's retail business A.S. Watson for about HK$44 billion (S$7.3 billion).Li's Hutchison...
View ArticleF&N to acquire Yoke Food Industries
Fraser and Neave, Limited (F&N) today announced that it has signed a non-binding agreement to acquire a 70 per cent stake in Malaysian beverage company Yoke Food Industries Sdn Bhd (YFI).YFI, which...
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S'pore-based firm sets up bitcoin vending machines in Malaysia
A SINGAPORE-BASED payment transaction company, Numoni, has become the first to introduce Bitcoin auto vending machines into Malaysia.Bitcoins are a form of digital currency - the first virtual form of...
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DBS sees growth in SME business
SLOWER economic growth and a more challenging business climate might make it harder for small and medium-sized enterprises (SMEs) in Asia to pay off loans.But DBS Bank, for one, remains confident of...
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DBS' Achilles' heel its exposure to China?
FAVOURABLE analyst reports have failed to stem a slide in DBS Group's share price.During the week, the stock slipped briefly into "technical correction", as its share price fell by as much as 10 per...
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Oxley's London project a draw here
BUYERS flocked to the Hilton Hotel last Friday to check out the first London residential project being built by Singapore-listed Oxley Holdings.More than half of the 811 units at Royal Wharf launched...
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Property investors 'eyeing US, Europe'
SINGAPORE real estate investors are increasingly putting their money outside Asia, lured by higher yields, property consultancy Colliers International said in a report on Friday.The value of outbound...
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Lakeside to get boost from future amenities
LAKESIDE is probably best known to Singaporeans as the home of the quaint, tranquil Japanese and Chinese gardens.The area remains one of the quieter and less developed regions but it is set to get...
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Wheelchair access: Do wider corridors make sense for private projects?
A MOVE to widen corridors in new residential developments to improve access for people in wheelchairs has sparked questions over whether it makes sense for private projects.Critics of the new rules say...
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Mortgage interest rates 'will rise, but slowly'
HOME OWNERS should be concerned about higher interest rates on their mortgages but there is no need to panic, say economists.All those who spoke to The Straits Times agreed that the end of easy money...
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Starwood offers 300 hotel jobs at career fair
MORE than 500 job-seekers turned up last Friday at a job fair organised by one of the world's biggest hotel and resort operators.They were vying for about 300 jobs - ranging from entry-level roles to...
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S'pore eyes bigger slice of the pie in branding
ARCADE, an advertising agency, is just four years old but since it started here with four employees in 2010, it has doubled in size and revenue every year.Now 30-strong, the firm, which has handled...
View ArticleAsian shares rise despite weak China data
HONG KONG - Asian markets were mostly higher on Monday despite fresh evidence indicating that China's manufacturing sector is shrinking as Tokyo rebounded from a heavy sell-off in the previous...
View ArticleHSBC China manufacturing index hits eight-month low
BEIJING - Chinese manufacturing activity contracted in March to its weakest rate in eight months, data showed Monday, the latest indication that the world's number two economy is slowing down.HSBC's...
View ArticleIndian Toyota workers down tools despite end to lockout
BANGALORE, India - Employees at Toyota's auto assembly plants in southern India failed to return to work Monday at the end of a week-long lockout after refusing to sign codes of conduct, their union...
View ArticleCrude oil prices drop on weak Chinese manufacturing data
SINGAPORE - Oil prices eased in Asian trade Monday on demand fears after data suggested China's manufacturing activity contracted in March to its weakest rate in eight months.New York's main contract,...
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Singapore's inflation eases to 0.4% in Feb
SINGAPORE'S consumer price inflation eased to 0.4 per cent in February compared to a year ago, down from 1.4 per cent in January.Get The Business Times for more stories.Here is the press statement from...
View ArticleHong Kong stocks end 1.91 per cent higher
HONG KONG - Shares in Hong Kong and China rose on Monday, extending gains seen at the end of last week, as investors brushed off another set of data showing Chinese manufacturing activity weakened in...
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