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StarHub takes 9% stake in mm2 Asia to drive pay TV offerings in Singapore

StarHub quarterly profit drops as mobile subscriber base dwindles

Telecoms service provider StarHub on Thursday reported an 11.5 percent fall in third-quarter net profit, hurt by lower revenues from voice, broadband and pay TV services.

Nov 2, 2017

By Aastha Agnihotri

The five craziest bids for Amazons new HQ

Amazon has received 238 proposals from cities to set-up its second headquarters location. Here are some of the most creative bids Amazon received.

Nov 2, 2017

By Staff Reporter

Visa gives green light to Monaco cryptocurrency card for Singapore users

Visa Inc has approved a prepaid card backed by the cryptocurrency Monaco, in an effort to increase its hold in the digital currencies space.

Nov 2, 2017

By Aastha Agnihotri

Facebook, Google and Twitter have circulated some of the most outrageous fake news

Since Donald Trumps 2016 presidential election campaign trail, fake news has been thrust into the spotlight. Tech companies such as Facebook, Google and Twitter have come under scrutiny for failing to stop the circulation of fake news. On 31 October, representatives from these three tech companies are testifying on Capitol Hill for the Russian-tie investigation for the 2016 Presidential Election Campaign.

Nov 2, 2017

By Staff Reporter

Fake news Facebook

Singapore Airlines temporarily shuts down Jakarta ticketing office

Singapore Airlines tries to woo elite travelers with new suites upgrades

Singapore Airlines upgraded its first class suites meant for the most premiere of its customers, as part of an $850 million product investment to fend off competition from Middle Eastern rivals.

Nov 2, 2017

By Aastha Agnihotri

Singapore's DBS unveils world's largest banking API platform

Singapore's largest lender DBS Bank on Thursday launched the world's largest banking application programming interface (API) developer platform.

Nov 2, 2017

By Aastha Agnihotri

Swiber Holdings eyes power sector foray with Interlink deal

Singapore-based Swiber Holdings, which is under judicial management since October 2016, on Thursday inked a term sheet for proposed deal to pave entry into power sector.

Nov 2, 2017

By Aastha Agnihotri

Oxley Holdings boosts dividend after sevenfold jump in Q1 profit

Property developer Oxley Holdings said it would pay dividends of at least 25 percent of the group's consolidated profit after tax for fiscal 2018 and 2019.

Nov 2, 2017

By Aastha Agnihotri

Singapore: Sales of new private homes rises in July

Frasers Logistics & Industrial Trust Q4 DPU beats forecast

Frasers Logistics & Industrial Trust (FLT) on Thursday reported an 8.6 percent rise in fourth-quarter distribution per share.

Nov 2, 2017

By Aastha Agnihotri

mm2 Asia to buy Singapore's Cathay Cineplexes for S$230 mln

Media content provider mm2 Asia on Thursday said it entered into an agreement with Cathay Organisation Pte for the purchase of Cathay Cineplexes' Singapore cinema operations for S$230 million.

Nov 2, 2017

By Aastha Agnihotri

Swiber Holdings says creditors commence voluntary liquidation of unit

Singapore-based Swiber Holdings on Tuesday said the creditors have commenced the voluntary liquidation of its unit Swiber Corporate.

Oct 31, 2017

By Aastha Agnihotri

CITIC Envirotech wins its largest ever project in China

Investment holding company CITIC Envirotech on Tuesday said it won its largest ever project of 4.6 billion yuan (about S$944.7 million) in China.

Oct 31, 2017

By Aastha Agnihotri

SembCorp industries posts 56% drop in third quarter profits

Sembcorp Marine swings to third-quarter profit

Sembcorp Marine, a provider of marine and offshore engineering services, on Tuesday swung to quarterly profit due to lower share of losses from associates and joint ventures.

Oct 31, 2017

By Aastha Agnihotri

DBS to re-skill 1,500 employees over next 18 months

Singapore's largest lender DBS Bank on Tuesday said it will proactively re-skill 1,500 workers in the next 18 months, in an effort to help employees sharpen their competitiveness and deepen their skillset.

Oct 31, 2017

By Aastha Agnihotri