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Blumont's ex-director declared bankrupt
FORMER Blumont Group executive director James Hong has been made bankrupt.He was one of several executives and directors asked to assist in the probe by the Commercial Affairs Department (CAD) into the...
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Plotting the 'high life' at low cost
Architect Tan Cheng Siong has come up with a grand scheme that he says could triple Singapore's land space by creating a vast network of elevated decks.This vision, which he calls "Skyland", involves...
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Investing in stocks for your children
Investing for your children requires plenty of planning - for you're saving for the long haul.There are many types of investments to choose from - but for those willing to take the plunge - investing...
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Boost for firms to train staff in managing energy use
More employees will learn to track and manage energy use in the workplace, as the labour movement has pledged to boost training that will help companies go lean and green.The National Trades Union...
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HDB shops go online to stay competitive
SINGAPORE - Poor business coupled with steep costs for manpower and rental forced Madam Suzie Tan and her husband to close the shutters of their Housing Board shop in Hougang for good in 2011.But their...
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Singapore warms to land of the setting yen
Sushi lovers must be saying "arigatou" to Abenomics.The deflation-busting economic policies of Japan's Prime Minister Shinzo Abe, which include generous monetary easing, have been pushing the yen down...
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Insurers get more time to adapt to new rules
Insurers and financial advisory firms will be given more time to fall in line with a new framework to be used in assessing the performance of their sales staff and how they are paid.The Monetary...
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GIC to buy 30 per cent stake in Spanish property firm
Sovereign wealth fund GIC has agreed to pay more than €200 million (S$321 million) for a 30 per cent stake in Spanish real estate firm Gmp.The investment will enable Gmp to strengthen its position as a...
View ArticlePro-democracy protests hit Hong Kong's core retail sector
HONG KONG - From bargain fakes and cheap technology to high-end designer wear, Hong Kong is a shopper's paradise - but retailers have taken a huge hit from week-long mass protests that have brought the...
View ArticleTaiwanese protesters build makeshift 'Palace' to rebuff stiff...
TAIWAN - A group called the Housing Movement finished building a "Common People's Palace" outside of the Palace, a lavish apartment complex on Renai Road in Taipei, to protest extravagant housing...
View ArticleWeakening rupiah in line with other Asian currencies: Central Bank
JAKARTA - The rupiah's recent drop is due to a broadly strengthening dollar and is in line with the weakening of other Asian currencies, Indonesia's central bank governor said on Monday."The weakening...
View ArticleSingapore's GIC to buy rest of Italian shopping centre
HONG KONG - GIC has agreed to buy the remaining 50 per cent stake in Italy's RomaEst Shopping Centre from a fund managed by CBRE Global Investors for an undisclosed sum, the Singaporean sovereign...
View ArticleNumerical goals for female managers required: Japanese govt
JAPAN - The government will require companies with 300 or more employees to work out action plans to empower women in the workplace, including numerical targets for promoting women to managerial posts,...
View ArticleProtests could hurt Hong Kong economy: World Bank
SINGAPORE - Protests in Hong Kong could hurt the city's economy - as well as China's - but the impact will depend on how long the "uncertainty" lasts, the World Bank's chief Asia economist said...
View ArticleIndonesia govts to spend $352 million on giant sea wall
JAKARTA - The government will break ground on the development of Jakarta's giant sea wall, which is part of the National Capital Integrated Coastal Development (NCICD), on Oct. 9.The first stage of...
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Time to fine-tune your investments
Investors are entering the fourth quarter of the year faced with a challenging mix of global political and economic developments.In Asia, massive protests in Hong Kong have stock market punters in the...
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Li Ka Shing bullish on 'disruptive' tech start-ups
Tycoon Li Ka Shing has made his billions, but invests in innovative tech start-ups because of their "prescient value" - the ability to show what new things will emerge tomorrow."We are now in a...
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Game's up for job seekers who lie
If job seekers think they can get away by lying about their background, they could be in for a big surprise. More companies are hiring screening experts to prevent fraud, according to employers and...
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More access and choices to invest in
In our monthly series featuring fund managers and leading market experts, Mr Chong Jiun Yeh, UOB Asset Management's chief investment officer of fixed income and structured investments, breaks down the...
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