Buffett to help finance Burger King's acquisition of Tim Hortons: WSJ
NEW YORK - Berkshire Hathaway Inc chairman and CEO, Warren Buffett, is helping finance Burger King Worldwide Inc's take over of Canadian chain Tim Hortons Inc, the Wall Street Journal reported, citing...
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SGX to cut board lot size from Jan 19 next year
MARK this date - Jan 19, 2015. That's when retail investors will be able to start buying securities listed on the Singapore Exchange (SGX) in smaller lots of 100 units from 1,000 units currently.In a...
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Singapore launches facility to help businesses leverage IP for growth
SINGAPORE - The Intellectual Property Office of Singapore (IPOS) on Tuesday launched the IP ValueLab to help businesses, especially small and medium enterprises, tap into IP for growth.Get the full...
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S'pore a top luxury market: LV chief
SINGAPORE - Singapore is one of the world's top luxury markets - no matter what happens elsewhere.Louis Vuitton's chairman and chief executive, Mr Michael Burke, told The Straits Times that this was...
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How a falling property market could impact the wider economy
SINGAPORE - So far, the big debate over the slowdown in the public and private housing markets has focused on whether it is time for the Government to roll back some of the cooling measures that have...
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Journey towards a greener port
SINGAPORE - With 17 years in the maritime industry under his belt, Mr Eugene Khoo, 49, holds two port- folios at the Maritime and Port Authority of Singapore (MPA).Related LinksA sea career is 'full of...
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She helps mariners to chart their way
Related LinksJourney towards a greener portA sea career is 'full of life experiences'Sustainability a key driver in maritime industrySINGAPORE - Ms Carrie Ang Siok May, 37, creates nautical charts and...
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Over 760 cleaning firms get licences ahead of new law
More than 760 firms have received licences from the National Environment Agency (NEA), a week before a law requiring cleaning firms to be licensed kicks in next Monday.Another 140 or so firms have...
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Asian cruise sector yet to crest the wave
Challenge is to sell Asia as a whole, improve infrastructure, say experts.The high seas are luring a growing number of holidaymakers who are expected to boost Asia's cruise market to an estimated 3.8...
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Smaller fund management firms still going strong
Latest data shows number of players under stricter regime stands at 260.Tighter regulations for smaller fund management companies have not stopped the growth of such players in Singapore.Higher...
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SGX cutting lot size to 100 units from Jan 19
The minimum size of lots that can be bought on the local share market will be slashed from Jan 19 next year.The standard lot will be reduced from 1,000 to 100 units, making an investment in a pricey...
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Otto Marine looking to float subsea business
SINGAPORE - Otto Marine, a Singapore-listed offshore marine company, said on Tuesday it has secured charter contracts with two oil majors worth A$57 million (S$66.3 million).The company will charter...
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Heeton checks into hospitality business
Heeton Holdings is ramping up its hospitality business with plans to more than double its 245 rooms to over 600 by year end - and far more down the track.The move has been prompted by the potential of...
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M1 revamp sees telco do more with fewer staff
A timely revamp costing over $1 million at M1's retail stores has started to pay off for the telco amid a major manpower crunch here.M1 has only 220 front-line employees across 14 stores - down by 15...
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GST, property and 'sin' levies boost tax revenue to new high
Levies on consumption and property sales helped the taxman run up record returns for the last financial year, although the income tax takings slipped on the back of more rebates.The total tax revenue...
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Shangri-La to launch 10 hotels under Jen brand aimed at 'young at...
Hospitality group Shangri-La Hotels and Resorts will roll out 10 new properties in the Asia-Pacific region under its new brand Hotel Jen, pitched at "young at heart" travellers, by March next year.The...
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Investors in 3 Asean markets get wider range of options
Fund managers based in Singapore, Malaysia and Thailand will find it easier to market unit trusts and mutual funds to retail investors in one another's countries, thanks to a new framework launched...
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Epidemic 'won't infect health-care stocks' here
Conventional wisdom suggests that health-care stocks tend to get battered by the outbreak of an epidemic as medical services face higher costs to battle it.But private hospital operators in Singapore...
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Resale market for Tanglin Halt hotting up
Housing Board flats in Tanglin Halt are hitting the resale market and starting to fetch premiums after June's announcement that the estate will be redeveloped.At least two units have been sold since...
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Fall in car prices pulls down overall inflation rate
Falling car prices brought down the overall rate of inflation last month, although the cost of essentials such as food and services continued to rise steadily.The consumer price index rose 1.2 per cent...
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