Business News

Temasek hires Goldman executive to ramp up North America business

Singapore sees higher number of M&A deals in 2016 but deal values plummet

The rise in deal volumes in Singapore was mainly driven by the rise in transactions done by state wealth funds GIC and Temasek Holdings

Dec 14, 2016

By Jacob J

Singapore and Malaysia closer to signing $16 bln high speed rail link deal

Lee, Najib to attend signing of high speed rail line project in Kuala Lumpur

High speed rail line will 'boost connectivity, strengthen economic ties and enhance people-to-people linkages '.

Dec 13, 2016

By Jacob J

Singapore jobs outlook gloomy as only 15% of employers look at hire in Q1 2017

Singapore jobs outlook gloomy as only 15% of employers look at hiring in Q1 2017

'The growing mismatch between jobs and skills looms ahead and will worsen'

Dec 13, 2016

By Jacob J

Honda invests in SE Asian ride hailing service Grab in latest funding round

Grab, which has over 24 million app downloads, is facing rough competition in Indonesia from local player Go-Jek.

Dec 12, 2016

By Jacob J

Singapore-Malaysia high speed rail: China ahead in race for contract as Japan pushes hard

The role of Singapore in the high speed rail link project will also weigh in when the bidders are assessed.

Dec 12, 2016

By Jacob J

Will oil price stay higher after Opec-Russia output reduction?

North America to bear larger share of Saudi crude supply cut; focus on shale gas

A rise in prices will encourage US shale oil producers to ramp up production, which in turn will drive crude prices lower.

Dec 9, 2016

By Jacob J

Taiwan November exports rise 12% amid sombre regional outlook

Strong semiconductor demand and improving prices of basic metal, crude oil and related products boosted exports last month.

Dec 8, 2016

By Jacob J

Singapore and Malaysia closer to signing $16 bln high speed rail link deal

The high speed rail will link 5 Malaysian cities to Singapore and herald closer economic integration between the countries.

Dec 6, 2016

By Jacob J

Singapore anti-corruption bureau arrests Pacific Radiance executive director

Pacific Radiance reported losses in Q2 and said in August it noticed "doubtful receivables" on balance sheet.

Dec 6, 2016

By Jacob J

Singapore's GIC to invest $387 mln in Indonesian retail firm

Singapore sovereign fund GIC invests $370 million in Indonesian theatre chain

The latest investment reflects GIC's growing confidence in Indonesia's long- term growth potential.

Dec 6, 2016

By Jacob J

Lunar new year sales dip in Singapore chinatown

Trump will undermine Singapore's trade and defence interests, says China party mouthpiece

Trump's protectionist policies will impose heavier burdens on Singapore's economy, "which is already shrinking,"

Dec 5, 2016

By Jacob J

Breaking: Crucial Opec-non Opec meeting on global output deal on Dec 10

Non-Opec members like Russia hold the key to the successful implementation of the output reduction strategy to support prices.

Dec 3, 2016

By Jacob J

Donald Trump talks with Taiwan leader Tsai Ing-wen in ominous break with tradition

A senior official at Taiwan's representative office in Washington calls the talk 'historic'

Dec 3, 2016

By Jacob J

Singapore slaps S$5 million fine on Standard Chartered bank after money laundering probe

The central bank said it did not find evidence for "wilful misconduct" on the part of Standard Chartered bank.

Dec 2, 2016

By Jacob J

Will oil price stay higher after Opec-Russia output reduction?

Though oil markets received the news with a robust price rally, analysts are not certain if the effects will last long.

Dec 1, 2016

By Jacob J

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