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S'pore exports rally but doubts remain
Singapore's export engine roared back to life last month after coughing and stalling for three straight months.While the losing streak has been snapped, experts warn that, given the weak electronics...
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Demand for diamonds in China drives global sales
Diamond jewellers are looking to mine a fast-growing Chinese market.Demand for the precious stone has reached a record high, with global sales at an estimated US$79 billion (S$99.6 billion) last year,...
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Access to CPF services: Board replies
We thank Mr Soh Kar Chiang for his letter ("Why shut office on Saturdays?"; yesterday).Central Provident Fund (CPF) members can access our service centres located islandwide on Saturdays.Our service...
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Alibaba IPO a landmark for China firms
The months leading up to e-commerce giant Alibaba's initial public offering (IPO) - expected to happen this week - have been a watershed moment for Chinese technology companies seeking a listing in the...
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Bleak private home sales evoke memories of 2008
The upscale Skyline @ Orchard Boulevard sums up the state of the private home market.In the first eight months of the year, the 40-unit condominium has sold just one unit, leaving 34 units unsold.The...
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Wine investors demand refund after firm's 'empty promises'
Six angry investors yesterday turned up at the office of a wine investment firm to demand their money back, before calling the police.Each of them had allegedly paid The Bottled Wealth Holdings between...
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China's Xi kicks off India trip with industrial park deal
India and China have signed an agreement to set up an industrial park in the north-western state of Gujarat as Prime Minister Narendra Modi pushed for closer economic links with China through the state...
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SGX seeks feedback on new trading regulations
The Singapore Exchange (SGX) is seeking public feedback on plans to implement a 20-cent minimum trading price (MTP) requirement for mainboard listings.The regulator is also inviting views on plans to...
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More job and training guidance for workers
Workers will get more help in choosing jobs and charting their careers through a range of programmes by national training body Singapore Workforce Development Agency (WDA).There will be more career...
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Alibaba shatters record for largest IPO offering in history
NEW YORK - A buying frenzy sent Alibaba shares sharply higher Friday as the Chinese online giant made its historic Wall Street trading debut.Alibaba leapt from an offering price of US$68 (S$86.13) to...
View ArticleG20 set to back OECD global tax avoidance plan
CAIRNS, Australia - OECD chief Angel Gurria Saturday handed the G20 recommendations on the biggest changes to international tax rules in more than a century in a bid to tackle corporate tax strategies...
View ArticleJokowi promises to make Indonesia better place for investors
President-elect Joko "Jokowi" Widodo has reiterated his promise to establish a pro-business government, which is able to create a more conducive business climate both for local and foreign...
View ArticleWill Hyundai chief hit the jackpot again?
KOREA - Hyundai Motor Group chairman Chung Mong-koo raised eyebrows among stock market investors and analysts on Thursday when a Hyundai Motor-led consortium won its bid for Korean Electric Power...
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The 'lucky 8' premium in housing unit prices
It is not often that a business school professor gets to quote from a funk music legend, but let me begin with a few words from Stevie Wonder:When you believe in things that you don't understand, Then...
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Demand for pilots, aircraft workers in Asia travel boom
The Asia-Pacific will need 440,000 new pilots and aircraft technicians over the next two decades - more than North America and Europe combined.The estimate from US planemaker Boeing yesterday...
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Incomes rise faster for HDB households
In the past five years, household incomes rose across the board, but they did not do so evenly.Households in Housing Board flats had higher income growth than those in condominiums and landed property....
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Get a feel for jobs early on, say bosses
Students should be exposed to possible future careers as early as secondary school and go for internships to discover their interests.This was a key suggestion of 20 employers in reaction to the...
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For the love of Warhol
Forget stark gallery-like interiors. The designer of this home drew on the pop-art icon’s penchant for electrifying hues to create something extraordinary.Art Collectors: An American coupleHome:...
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'Bring your suitcase and move in'
Capitaland has given 30 units at its The Interlace condominium in Alexandra a plush makeover in a move to attract buyers keen to avoid the hassle of furnishing their new home.Foreign and local interior...
View ArticleSoftBank estimates $5.8b gain from Alibaba listing
TOKYO - Japan's SoftBank Corp said it expected a gain of about 500 billion yen (S$5.8 billion) from Alibaba Group Holding's share listing in New York, where the Chinese e-commerce leader surged 38 per...
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