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Accredited NS skills 'not likely to sway recruiters'
A move to officially accredit skills picked up by soldiers during their national service will help boost buy-in for conscription, but not necessarily their employability, said human resource and...
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Factory output up but don't cheer yet
Singapore's tepid manufacturing sector seems to have mounted a comeback last month - but scratch beneath the surface and a less rosy picture emerges.Manufacturers produced 3.3 per cent more in July...
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Wage plan for security guards by Oct
Security guards can look forward to a possible increase of at least $300 in basic monthly pay from as early as October.That is when a committee of government officials, union leaders and security firms...
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26 celebrities who went from rich to broke
Celebrities may live the high life with their extravagant meals and million-dollar pursuits, but many of the world's wealthiest stars have found themselves losing everything in the blink of an eye.This...
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Stocks down on lack of leads
The Singapore market flagged yesterday, nearing the end of a lacklustre week where the market has see-sawed between gains and losses, with little impetus.The benchmark Straits Times Index (STI) shed...
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Bosses here eye rosier future, says SIM study
Singapore managers are more optimistic about their organisations' business prospects compared with two years ago, according to the latest Singapore Institute of Management (SIM) Management Monitor.Of...
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Better financial literacy needed
SINGAPORE - I refer to the My Paper report "So easy to spend, so hard to pay up" (Aug 25).That a larger number of younger Singaporeans are struggling to pay their credit card bills on time should come...
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Straco Corp inks deal to buy Singapore Flyer for $140 million
SINGAPORE - Mainboard-listed tourism company Straco Corporation has agreed to buy the troubled Singapore Flyer for $140 million in cash.Get the full story from The Straits Times.Here is the...
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Seven pillars of a good retirement savings system
THERE is a famous American South saying that goes, "If it ain't broke, don't fix it". In the more enlightened North, branding gurus and academics would prescribe a rebranding exercise for ailing...
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Unionists worried about new CPF option
AN UPCOMING move by the Government to let workers who retire withdraw part of their Central Provident Fund (CPF) savings in a lump sum worries unionists.They fear it will bring grief to the very group...
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S'pore 'must stay vigilant against violence'
Singapore may be the safest country in the world, as recently noted by The Economist magazine, with few murders, nearly all of which are solved.But in a Facebook post yesterday, Law Minister K....
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Despite labour crunch, firms still send workers for training
Companies are heeding the call to send workers for structured training and rolling out more programmes to support this, even though it is often hard to free them up during work hours.They are willing...
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Local firm 'very close' to buying troubled Flyer
The troubled Singapore Flyer is within touching distance of a new owner after months of operating under receivership.Sources told The Straits Times yesterday that Straco Corporation - a...
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Tuition agency, boss fined for breaching 'Do Not Call' rules
A tuition agency and its director have become the first offenders to be penalised under the "Do Not Call" rules which kicked in on Jan 2.Star Zest Home Tuition and its sole director Law Han Wei, 35,...
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Beleaguered Singapore Flyer may get new owner
SINGAPORE - The Singapore Flyer may soon have a new owner, The New Paper has learnt.Sources said that Singapore mainboard-listed company Straco Corporation Limited, a developer and operator of...
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SBI Offshore in talks to manage, build drilling rigs
SBI Offshore has begun negotiations with a consortium of Middle East and Chinese parties to manage and build jack-up drilling rigs, to be deployed in the Middle East and Asia. Shares of SBI surged 20...
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Osim shares fall on news of $200m bond issue
Shares in lifestyle products company Osim International fell yesterday after the company announced its latest issuance of convertible bonds.The stock closed down eight cents or 2.8 per cent to $2.74,...
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Yacht maker returns to profit
Stronger demand for luxury boats in North America and Asia helped Singapore-listed yacht maker Grand Banks Yachts post its first full-year profit in six years.The company recorded net profit of...
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Lights off on Singapore's billionaire row as luxury house prices plunge
SINGAPORE - There's an eerie silence at night in Sentosa Cove, the man-made island resort billed as Singapore's answer to Monte Carlo and the only place in the country where foreigners can buy landed...
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More choosing HDB loans on fear bank rates may rise
Bank loans may have lower interest rates than Housing Board loans at the moment, but the fear that rates may rise has prompted more flat buyers to opt for the board's fixed concessionary loans.Tighter...
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