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SMEs at risk of losing out in high-stakes Innovation Wars
I raise here the prospect of small and medium-sized enterprises (SMEs) around the world and across industries becoming collateral damage in the Innovation Wars or, to put it more mildly, Global...
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Sino Grandness refutes negative report on business
Mainboard-listed Sino Grandness Food Industry Group, which makes fruit juices under the brand Garden Fresh, has refuted a negative online report on its business.The report, circulated through links...
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Bench strength 'helps CapLand weather exit of senior execs'
Bench strength at CapitaLand means that the group can weather recent departures of senior executives even as another top executive heads for the door, said group chief executive Lim Ming Yan.Mr Lim...
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The minimum sum debt dive
If you pay only the minimum sum required on your monthly credit card bill - usually 3 per cent to 5 per cent of the outstanding balance or a specified amount such as $50, whichever is higher - you will...
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When boss gets chummy, staff feel loyalty
National Kidney Foundation (NKF) chief executive Edmund Kwok often asks his employees: "What is my number?"He wants to make sure they have his mobile phone number, and they do.All 700 staff at the...
View ArticleCiti's new car-loan deal sounds good - in theory
Citibank's latest salvo in the car-loan business might seem like a valiant attempt to get rid of the middlemen on behalf of the customer. But the drive could hit the proverbial wall, given the powerful...
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Flat trading ahead of Fed meeting
Singapore shares drifted sideways yesterday, with investors mostly sitting on the sidelines ahead a United States Federal Reserve meeting.The two-day meeting, beginning today, could offer clues to...
View ArticleExplain salary-based mechanism in detail, Malaysian govt urged
PETALING JAYA - Consumer groups want the Government to explain in detail the mechanism used to justify the proposed salary-based fuel subsidy.Consumers Association of Penang president S.M. Mohamed...
View ArticleChina and S'pore start direct currency trading
SHANGHAI - China will begin trading its yuan currency directly with the Singapore dollar today, the national foreign-exchange market operator said, in the latest move to promote international use of...
View ArticleTing Hsin should no longer manage Taipei 101: Minister
TAIPEI - For its involvement in the tainted oil scandal, Ting Hsin International Group should step down from the management position of Taipei 101, so as to maintain the Taipei landmark building's...
View ArticleAmorePacific chief emerges as billionaire icon
The stock market has played an instrumental role in creating the wealth of most South Korean billionaires.Suh Kyung-bae, 51, chairman of South Korean cosmetics-maker AmorePacific Group, is one such...
View ArticleThai economy: More stimulus for 2015 being prepared
The finance Ministry is preparing to launch a second round of stimulus measures, aimed at accelerating economic growth next year, Finance Minister Sommai Phasi said yesterday."I'm putting together a...
View ArticleGE starts up global remote monitoring iCenter in KL
General Electric has chosen Malaysia as one of its three global centres to provide remote monitoring and diagnosis services for the firm's oil and gas customers globally.Company chairman and chief...
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Estate agents move from selling houses to...
Faced with a tepid property market, Mr Nicholas Chia, 28, decided to go from selling houses to shining cars.An estate agent since 2010, he decided to "jump ship" in the first quarter of this year,...
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Low prices not cause of speculative activity
Mr Vincent Khoo ("Share consolidation is good for retail investors"; Oct 20) asked why I am against share consolidation if it is a neutral exercise.I disagree with his view that "if penny stock...
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The case against Reit borrowing limits
The Monetary Authority of Singapore (MAS) has proposed that real estate investment trust managers should have a statutory duty to prioritise unitholders' interests over those of the manager and...
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Step up productivity amid slowdown
This year has been a tough one for Singapore's economy, for reasons that were summed up in recent remarks made by the International Monetary Fund (IMF).Early last month, IMF chief Christine Lagarde...
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STI rises on hopes of low interest rates
SINGAPORE - The local stock market got a boost yesterday after Wall Street rose on hopes that interest rates may stay low for longer.The benchmark Straits Times Index rebounded 0.39 per cent, or 12.38...
View ArticleIt pays to have diversity in boardrooms
SINGAPORE - Board diversity makes business sense, a report has found.Companies with both genders, at least two ethnic groups and two generations represented in their boardrooms have significantly...
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