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

More taxpayers filing earlier this year, with three-quarters doing so by April 1

More taxpayers were also using Iras's SMS Return My Call service. -ST

Investors wary of China's growth

Companies changing strategy to cope with new investment environment. -China Daily/ANN

Malaysian property transactions dip, but house prices continue to rise

There was a slight decrease in the sales of new launches but the number of overhang properties also dipped. -The Star/ANN

1MDB's annual land assessments set a precedent

Only companies such as real estate investment trusts constantly revalue land, as their main intention was to hold land and receive rental income. -The Star/ANN

The puzzle of Singapore's weak exports

Singapore's exports have presented a puzzle of sorts to economists in the past couple of years. -ST

On a mission to unearth 'hidden billionaires'

The editor of Bloomberg Billionaires spends his time unearthing "hidden billionaires" who have never appeared on any other wealth ranking. -ST

Get fair deal for shareholders in takeovers

What the independent directors can do is ask a lot of tough questions. -ST

He took the plunge to build brand of serviced apartments

Frasers Hospitality boss to double its units to 30,000 in next 5 years. -ST

Traditional businesses facing tough times

High rents, labour crunch are major woes; tech not the solution for many. -ST

Sky Habitat relaunch draws crowds with lower prices

Prices were slashed by an estimated 10 per cent to 15 per cent which brought the total number of homes sold to 262. -ST

Pteris chairman warns against directors' ouster

This move to oust five of the firm's directors would place the company in an "undesirable position". -ST

Takeover fever livens up trading scene

Market on lookout for other possible privatisation plays with quality assets. -ST

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