S. Korea and ASEAN to hold infrastructure-building forum
SOUTH KOREA - The ASEAN-Korea Center will host a forum on "Korea's contribution to ASEAN connectivity" on Oct 21 at the Convention Center of the Federation of Korean Industries in an effort to link...
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Airlines adopt new rules to avoid crew fatigue
New flight rostering rules have been imposed on all Singapore carriers, in line with a global push to ensure accidents do not happen because of crew fatigue.The Civil Aviation Authority of Singapore...
View ArticleIsuzu to boost capacity in Thailand over 3 years
Isuzu Motors, a leading manufacturer of commercial vehicles and diesel engines, has committed itself to continuous investment in the Kingdom, where it plans to boost its manufacturing centre for pickup...
View ArticlePush for economic restructuring in Thailand
Within the year or so that the Prayut Chan-o-cha government is in office, five main issues will be pushed for economic structural change, Deputy Prime Minister MR Pridiyathorn Devakula says.These are...
View ArticleSamsonite aiming to double sales
Acquiring retail chains and developing its own retail distribution channel form parts of Samsonite's strategy to double its worldwide sales by 2020."We look at a number of different things. Not only...
View ArticleMost consumers satisfied with telecom services in Singapore: Survey
SINGAPORE - Most consumers are satisfied with telecommunication services in Singapore, a new survey by the Infocomm Development Authority of Singapore's (IDA) has found.Telecommunication service...
View ArticleJapan ruling coalition ally seeks fresh stimulus to deal with weak yen
TOKYO - The junior partner in Japanese Prime Minister Shinzo Abe's coalition government on Monday called for steps to stimulate an economy hit by April's sales tax rise and to soften the pain of rising...
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25 per cent fewer BTO flats next year, more priority for families who want to...
SINGAPORE - The Government will continue to reduce the number of new Build-to-Order (BTO) flats, launching 25 per cent fewer next year, said National Development Minister Khaw Boon Wan in a blog post...
View ArticleOil falls below $109 as oversupply, global economy worries weigh
CALGARY, Canada - Brent crude fell on Monday, dropping below $86 (S$109.30) a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week's...
View ArticleFrance shows UK grocers how to beat discounters at own game
PARIS/BERLIN - The success of French retailers in stopping the advance of discounters in the last five years shows a way out of the crisis embroiling Britain's "big four" grocers. Their simple formula:...
View ArticleIndia's Modi moves to reform problem-plagued coal industry
NEW DELHI - India's government has pledged to open up the coal mining industry to private players in the energy-starved country as Prime Minister Narendra Modi unleashes promised reforms to revive the...
View ArticleChina economic growth falls to five-year low of 7.3 per cent: govt
BEIJING - China's gross domestic product (GDP) expanded in the third quarter at its slowest pace since the depths of the global financial crisis, official data showed Tuesday, but analysts said the...
View ArticleBusinesses struggle on drought-hit Californian lake
LOS ANGELES - It is a vast bowl of sand and rocks. It could be a lunar landscape, were it not surrounded by pine trees and dotted with shipwreck-like jetties and beached boats."The drought has been ......
View ArticleMicrosoft chief Nadella earned $107 million in 2014
NEW YORK - Microsoft chief Satya Nadella, whose gaffe advising women to trust "karma" for pay raises sparked a firestorm, earned $84.3 million (S$107 million) this year, according to an SEC filing...
View ArticleSingapore's Keppel Corp Q3 net profit slides 9 per cent
SINGAPORE, - Singapore's Keppel Corporation Ltd said its third-quarter net profit fell 9 per cent on the year to S$414 million, weighed down by a lacklustre performance at its property division.The...
View ArticleSingapore Exchange Q1 net profit down 16 per cent as trading volume sinks
SINGAPORE - Singapore Exchange Ltd said on Tuesday that net profit fell 16 pct in the fiscal first quarter as low volatility and a penny stock crash continue to weigh on share trading volumes.SGX...
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Number of wealthy individuals in Singapore up 4.5% in 2013: Report
SINGAPORE - According to the latest Asia-Pacific Wealth Report 2014, the population of High Net Worth Individuals (HNWI) in Singapore grew by 4.5 per cent to 105,100 in 2013.The total wealth of this...
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Sagging demand for branded goods
Protests in Hong Kong, an economic slowdown and an anti-corruption drive in China and a coup in Thailand. This and more is leading many to conclude that Asia is no longer a market of constant growth...
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