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Thousands of CPF investors could gain from new rules
Tens of thousands of investors could benefit from new rules that have cut the cost of investing Central Provident Fund (CPF) money in approved funds.The CPF Board said yesterday that it will place a...
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Singapore's female CEO representation highest in Asia
Women here hold 15 per cent of CEO positions - the highest in Asia and third highest in the world.But female representation at the board level here remains low, at 7.9 per cent, according to a the...
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Minimum price rule will benefit all: SGX chief
A new rule to impose a minimum share price on mainboard-listed companies is aimed at addressing the risks associated with penny stocks, said Singapore Exchange (SGX) chief executive Magnus Bocker...
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Ascendas in Vietnam venture
Ascendas, Singapore's leading business park developer, has entered into a joint venture to build a US$130 million (S$164.6 million) park in Ho Chi Minh City.It has partnered Saigon Bund Capital...
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Govt offers 2 more sites
Two large development sites in Upper Serangoon and Queenstown - able to yield 1,000 homes in all - were released by the Government on 25 September 2014.A mixed residential-commercial plot in Upper...
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Teho buying local property firm ECG for $17m
Offshore and marine company Teho International is buying local property firm ECG Property Services in a $17 million deal, giving the latter a listed vehicle for expansion.Teho executives told a...
View ArticleS'pore is top start-up spot in S-E Asia
Singapore is the No. 1 spot for start-ups in South-east Asia.More venture capital (VC) deals happen here than in neighbouring countries. And about 40 per cent of all start-up acquisitions in the region...
View ArticleChina-led Asia infrastructure bank gains support from 21 countries
BEIJING - A China-led effort to launch the Asian Infrastructure Investment Bank has attracted the interest of 21 countries, Beijing's Ministry of Finance said on Sunday.Representatives from South...
View ArticleJapan's SoftBank in talks to buy DreamWorks
TOKYO/NEW YORK - Japan's SoftBank Corp is in talks to acquire DreamWorks Animation SKG , the Hollywood studio behind the "Shrek" and"Madagascar" movie hits, a person with knowledge of the situation...
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ASME Entrepreneur Awards: Winners drawn from diverse sectors
Turning a modest family-owned shop selling fishing nets and rope into a major enterprise that produces its own angling gear has put Mr Lee Seng Shoy in the running to be named one of Singapore's top...
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Sentosa project 'good for FEHT's credit rating'
Far East Hospitality Trust's (FEHT) joint venture to develop a $443.8 million hotel project in Sentosa would be good for its credit rating despite oversupply risks, Fitch Ratings said yesterday.The...
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Moves to boost S'pore as major shipping hub
The Singapore Shipping Association (SSA) has set up working groups to find ways of improving services in the marine insurance and shipping finance sectors.SSA president Patrick Phoon said at its 29th...
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August output up but recovery elusive
A pick-up in the production of tech components and drugs lifted Singapore's factory output last month, but economists held back from calling it a real recovery in the manufacturing sector.Factory...
View ArticleChina hails free trade zone on one-year anniversary
SHANGHAI - China on Monday hailed the one-year anniversary of its first free-trade zone (FTZ), but foreign companies expressed disappointment over the pace of pledged reforms as they await real...
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Banks 'too big to fail' remain a problem
Six years after the global financial crisis, regulators are still grappling with the problem of banks that are too big to be allowed to fail, a top German central banker said yesterday.Key reforms put...
View ArticleBusiness optimism slips into 1-year low in Q4
SINGAPORE - Ongoing geopolitical uncertainties in the world and faltering global economic growth have resulted in a slip in local business confidence.The latest quarterly Business Optimism Index (BOI)...
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2 LCD Global directors' intentions questioned
A shareholder of LCD Global has asked two incoming directors of the firm to "clarify their intentions" towards the firm, asking if they want to turn LCD into a financial services company.Pyrrho...
View ArticleAdidas fights to draw top talent to HQ in sleepy Bavarian town
HERZOGENAURACH, Germany - Adidas needs world-class designers, brand experts and technical whizzkids to improve its image against US rival Nike , but persuading them to move to its headquarters in rural...
View ArticlePrada says owners being investigated by Italian authorities over tax
SHANGHAI - Italian luxury fashion house Prada SpA said on Monday its chairwoman Miuccia Prada and her husband, chief executive officer and fellow shareholder Patrizio Bertelli, are being investigated...
View ArticleProtest disrupts life in Hong Kong, depresses stocks
The daily lives of many people in Hong Kong have been disrupted by the blockades staged by protestors in various districts - with more than 42 bus routes and some tram services suspended - as thousands...
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