News

Temasek-led group offers $2.5b for full control of Olam

The consortium led by Breedens Investments Pte Ltd, a wholly-owned subsidiary of Temasek, said it offered to pay $2.23 per share for the Olam stock it does not already own. -AFP

Inflow of foreign workers slows, while more locals were employed in 2013

In 2013, the pool of foreigners, excluding maids, grew by 48,400. -ST

Private home transactions at 5-year low

Prices of resale private flats fell last month as a result. -TNP

Singapore is most expensive city in the world: Economist

Over the last decade a 40 per cent currency ppreciation, coupled with solid price inflation, has consistently pushed Singapore up the ranking. -AsiaOne

Re-employment age set to rise to 67

Older workers may soon get the chance to work till 67 years old, giving their savings for retirement a boost. -MyPaper

Having a blast running own firm

Mr Shanmuganathan Sinniah's start-up, Asia Tunnelling and Construction, now has a annual turnover of around $10 million. -ST

More start-ups found in Malay community

The Malay community has more start-ups and rapidly growing businesses than the national average. -ST

Sons of CDL veterans join senior management

The appointments followed a break with tradition by picking a chief executive from outside the Kwek family. -ST

Temasek pumps $188m in Nigerian energy group

First major deal in country struck alongside World Bank investment. -ST

CapitaLand, CapitaMalls Asia drive STI up

Index hits 7-month high with delisting offer for malls subsidiary. -ST

Retail firm keen to grow as it turns 10

Norbreeze Group aims to quadruple 50 stores globally. -ST

Kepland's Q1 profit falls 9.2 per cent without tax write-backs

But revenue rose 37.6 per cent on back of strong home sales in China. -ST

Banks court regional SMEs while waiting on S'pore Inc

Bank revenue from SMEs in this region stood at about US$80 billion (S$100 billion) in 2010, and should more than double by 2015. -BT

Ong Beng Seng in joint bid to buy out HPL

He partners Wheelock to make offer to buy 41.91 per cent stake in hotel firm. -ST

Developers sold 480 private homes in March: URA

This compares with 739 units in February and 2,793 units in March 2013. -BT

Commodities seen picking up from next year

New equilibrium between demand and supply being established: Westpac. -BT

Branding across platforms must show consistency

CEOs need branding agencies that can manage integrated brand operations. -BT

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