Business Headlines & Market News

Business Headlines and Stock Market News by Singapore Financial News Publishers

Latest Business Headlines and Stock Market News Published by Singapore Publisher Channel News Asia, Deal Streat Asia, Singapore Business Review, The Business Times, The Edge Market, Today Online @ SGinvestors.io

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23 hours ago
Jail for NTU fresh graduate who filmed men showering; kept hundreds of obscene videos on laptop
gordon.feeney -
23 hours ago
Singapore's workplaces rife with bullied and battered employees: survey
Staff Reporter - Submitted By:  Staff Reporter Case Study:  No It finished second-to-last globally in terms of inclusion and diversity. Singapore may be the world’s most competitive economy but it’s workplace environment has some shaping up to do as it finished second-to-last globally when it ...
23 hours ago
Jumbo opens second Tsui Wah outlet in Singapore
Samantha Chiew - SINGAPORE (Sept 17): Jumbo Group has opened its second Tsui Wah outlet in Singapore, located at The Heeren along the Orchard Road shopping belt. This comes on the back of the group’s opening of Singapore’s first Tsui Wah outlet in Clarke Quay in June 2018, which saw a positive response during i ...
24 hours ago
Capital markets platform iSTOX appoints ex-MAS deputy director as head of compliance
Claudia Chong - CAPITAL markets platform iSTOX has appointed a former deputy director at the Monetary Authority of Singapore (MAS) as its head of compliance.
24 hours ago
Putrajaya still looking at solutions for embattled Malaysia Airlines: PM Mahathir
Claudia Chong - KUALA LUMPUR: The government is still looking at solutions for troubled Malaysia Airlines, which is majority-owned by Khazanah Nasional, Prime Minister Mahathir Mohamad said on Tuesday (Sep 17).  “It’s not easy ... we have done a lot. The previous government gave them RM6 billion (US$1.4 bill ...
24 hours ago
NODX down 8.9% in August
Staff Reporter - Submitted By:  Staff Reporter Case Study:  No Electronic exports dropped 25.9%. Non-oil domestic exports (NODX) in Singapore dropped to 8.9% YoY in August, Enterprise Singapore reported. According to UOB Global Economics & Markets Research, this has been the sixth consecutive fall, th ...
1 day ago
Man accused of raping 23-year-old daughter at knifepoint, later told her he was sorry
gordon.feeney -
1 day ago
HMI to hold AGM by Dec 30 if privatisation deal fails; no AGM if deal gets nod
Fiona Lam - HEALTH Management International (HMI) will not hold its annual general meeting (AGM) and issue its annual report for fiscal 2019 ended June 30, in the event that its privatisation deal is approved by shareholders and sanctioned by Singapore’s High Court.
1 day ago
Vietnam's social media crowd swells with new entrant to take on Facebook, Google
HANOI: A new social network has entered the already crowded field in Vietnam as the communist party squeezes US tech giants Facebook and Google with a new cybersecurity law. Lotus, a social network that allows users to create content and share posts to a home page, had received 700 billion dong ...
1 day ago
Divided Fed set to cut interest rates this week, but then what?
Deep disagreements within the Federal Reserve over the economic outlook and how the U.S. central bank should respond will not stop policymakers from cutting interest rates at a two-day meeting that begins on Tuesday.
1 day ago
CapitaLand receives international recognition for sustainability efforts
Benjamin Cher - SINGAPORE (Sept 17): CapitaLand has been listed on Dow Jones Sustainability World Index and the Global Real Estate Sustainability Benchmark, receiving international recognition for its sustainability efforts. The real estate developer is one of two Singapore companies on the DJSI World Index this y ...
1 day ago
With a backup to the backup, insulin makers say they're primed for Brexit
For two men trained as scientists, the bosses of Britain's major insulin providers have had to become experts in ferry schedules, trucking laws and warehouse capacity as they seek to guarantee the supply of life-saving drugs through a chaotic Brexit.
1 day ago
'Robust action plans' in place to mitigate haze impact: NEA
amanda.eber -
1 day ago
330 childcare centres to raise full-day fees in 2020: ECDA
amanda.eber -
1 day ago
Data centre expansion to drive Mapletree Industrial Trust's economic resiliency
Staff Reporter - Submitted By:  Staff Reporter Case Study:  No Data centres now account for 17.7% of MIT’s portfolio valuation. Mapletree Industrial Trust’s (MIT) investment strategy to expand data centre assets beyond Singapore and reposition its portfolio towards the high-tech building segme ...
1 day ago
Boeing raises 20-year forecast for China aircraft demand
Claudia Chong - BEIJING: Boeing Co on Tuesday (Sep 17) raised its forecast for China's aircraft demand for the next 20 years, underpinned by expectations of robust air travel demand, but growth in new fleet will be slower than the planemaker's prediction last year. Chinese carriers will need 8,090 new planes ...
1 day ago
Saudi Aramco to delay PetroChina's October loadings of light crude oil: Source
Claudia Chong - SINGAPORE: Saudi Aramco informed PetroChina on Tuesday (Sep 17) that its loadings of light crude oil for October will be delayed by about 10 days, said a senior Chinese state oil source with knowledge of the matter. However, Aramco, the state oil company of Saudi Arabia, will still supply the same ...
1 day ago
ISOTeam's SG Bike to pay S$750,000 performance bond for Mobike licence
Ng Ren Jye - ISOTEAM'S 51 per cent-owned subsidiary, SG Bike, will furnish a performance bond of S$750,000 as a condition to getting in-principle approval from the Land Transport Authority of Singapore (LTA) for the takeover of Mobike's bicycle sharing licence.
1 day ago
ISOTeam's SG Bike gets nod to acquire Mobike's 25,000 bike fleet
Ng Ren Jye - THE Land Transport Authority of Singapore (LTA) has granted ISOTeam's 51 per cent-owned subsidiary, SG Bike, its in-principle approval to transfer Mobike's bicycle sharing licence for 25,000 bicycles to SG Bike.
1 day ago
USP appoints new CEO after auditor flags going concern doubts
Fiona Lam - MAINBOARD-LISTED USP Group has appointed Lim Boh Soon as chief executive officer (CEO) and executive director.
1 day ago
Singapore stocks: STI resumes Tuesday afternoon at 3,189.29, down 0.5% on day
Rachel Mui - SINGAPORE stocks resumed trading in negative territory on Tuesday afternoon, with the Straits Times Index retreating 0.5 per cent, or 14.64 points to 3,189.29 as at 1.01pm. 
1 day ago
Trump says he does not want war after attack on Saudi oil facilities
An attack on Saudi Arabia that triggered the biggest jump in oil prices in almost 30 years was carried out with Iranian weapons, a Saudi-led coalition said on Monday, as President Donald Trump said Washington was "locked and loaded" to hit back.
1 day ago
Coworking spaces in Singapore tripled since 2015 to 3.7m sq ft: Colliers
Vivienne Tay - COWORKING spaces now take up 3.7 million square feet (sq ft) in net lettable area (NLA) of Singapore's commercial space, tripling from 1.2 million sq ft in 2015 to become one of the top six occupier sectors, said Colliers International.
1 day ago
Co-working spaces in Singapore tripled since 2015 to 3.7m sq ft: Colliers
Vivienne Tay - CO-WORKING workspaces now take up 3.7 million square feet (sq ft) in net lettable area (NLA) of Singapore's commercial space, tripling from 1.2 million sq ft in 2015 to become one of the top six occupier sectors, said Colliers International.
1 day ago
TEE International shares jump as high as 31% as ex-CEO seeks 23% stake sale
Stanislaus Jude Chan - SINGAPORE (Sept 17): Shares in TEE International rose as much as 31.4% on Tuesday after former CEO Phua Chian Kin, who is currently under investigation, was reportedly seeking to sell a 23% stake in the company. After lifting its trading halt on Monday night, shares in TEE International opened at 4 ...
1 day ago
Chinese official to visit US to prepare for trade talks
Claudia Chong - A Chinese vice finance minister will visit the United States on Wednesday to lay the groundwork for trade talks next month, state media said.
1 day ago
Mapletree Industrial Trust to raise $350m through private placement
Staff Reporter - Submitted By:  Staff Reporter Case Study:  No It will be used to fund the acquisition of data centres in North America. Mapletree Industrial Trust plans to raise $350m through a proposed private placement to partially fund the acquisition and investment of data centres in North America, a ...
1 day ago
SIA streamlines delivery of apps to employees through Workspace ONE
Staff Reporter - Submitted By:  Clarist Zablan Case Study:  No The airline has deployed 35 apps so far using the platform. Singapore Airlines (SIA) has selected Workspace ONE platform developed by VMware to streamline the delivery of apps to over 14,000 employee-owned devices as well as more than 6,000 co ...
1 day ago
Grab teams up with Heineken to bring beer to your doorstep
Pauline Wong - SINGAPORE (Sept 17): Grab has teamed up with Heineken in a collaboration that will see Southeast Asia’s so-called “super app” being the preferred delivery and digital service partner for the popular beer brewer. In a press release today, Grab says the first-of-its-kind partnership will enable ...
1 day ago
Singapore is second-worst globally for workplace diversity; 1 in 4 workers bullied: poll
Fiona Lam - SINGAPORE is the second-worst performing country in terms of workplace diversity and inclusion (D&I) practices, based on a poll of employees in 14 developed countries by Kantar, a data, insights and consulting firm.
1 day ago
Singtel among world's top 100 most diverse, inclusive workplaces: Refinitiv
Fiona Lam - SINGTEL is the only company from Singapore to make the global top 100 in the latest diversity and inclusion (D&I) index by financial markets data provider Refinitiv.
1 day ago
YKA's share in Wilmar's profits rose to 60%
Staff Reporter - Submitted By:  Nathanielle Punay Case Study:  No Most of its revenues and gross profits are generated by the food products segment. Wilmar International’s China operations, which is operated by its subsidiary Yihai Kerry Arawana (YKA), account for around 60% of the group’s pro ...
1 day ago
Heineken teams up with Grab to grow its business in South-east Asia
Rachel Mui - BEER lovers (of legal drinking age) will soon be able to have cold beer delivered to their doorsteps, thanks to a partnership between ride-hailing unicorn Grab, and international brewer Heineken. 
1 day ago
Man on trial for murdering supervisor at ferry terminal, stealing her jewellery to fund his wedding
yasmine.yahya -
1 day ago
Guest Post: How the ‘Abraaj Effect’ is rewriting the role of LPs and GPs
Dave Richards - A challenge for the investment community today is to find the right balance between protecting the interests of LPs while providing GPs the freedom they need. The post Guest Post: How the ‘Abraaj Effect’ is rewriting the role of LPs and GPs appeared first on DealStreetAsia.
1 day ago
IEV Holdings expands into post-natal care with Lady Paradise acquisition
Chan Chao Peh - SINGAPORE (Sept 16): IEV Holdings, which has struggled for years to turn around its engineering business, is acquiring Lady Paradise, a provider of pre- and post-natal care, for RM3.5 million ($1.2 million). IEV plans to pay for this acquisition by issuing 46.16 million new shares at 2.5 cents each ...






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