News

CPF money is your money, says Chuan-Jin

In blog post, he also explains why Minimum Sum is increasing. -ST

12 Sentosa Cove luxury villas relaunched at a discount

Developer Ximeng Land giving 5% discount for remaining 12 luxury villas on Pearl Island. -BT

Living next door to mum on the cards

The Government must do more to help families to live close to each other, Mr Khaw said, and sought public feedback about giving them priority and grants in getting their flats. -My Paper

Buyers snap up Panorama condo units

Success of relaunch at Ang Mo Kio a matter of pricing it right, say analysts. -ST

Asian millionaires turn to independent wealth advisers

A growing number of Asia's millionaires are turning to independent wealth advisers, who offer professional advice for a fee. -AFP

OCBC in talks with Thai tycoon to sell United Engineers stake: Sources

If the talks succeed, the group linked to billionaire Charoen Sirivadhanabhakdi will have to make a takeover bid for the property firm. -Reuters

AirAsia seen gaining from expected MAS restructuring as Q2 results improve

MAS is in the process of being delisted by state investor Khazanah Nasional [KHAZA.UL]. -Reuters

Indian firms tool up for defence orders on Modi's 'buy India' pledge

India, the world's largest arms importer, will spend $250 billion in the next decade on kit, to upgrade its Soviet-era military. -Reuters

Nissin Foods mulls rejig of Asean output

It is doing this in preparation for the challenges of regional market liberalisation. -The Nation/ANN

Another M'sian stock record at 7.67 billion shares

"The movement of the penny stocks has been getting out of hand." -The Star/ANN

S'pore budget carriers need to get chummier

Consolidation, mergers and closer ties between carriers need not mean fewer options and higher fares for the travelling public. -My Paper

Hyundai merges units as succession looms

Hyundai Motor Group is speeding up efforts to restructure its businesses. -Korea Herald/ANN

Ebola outbreak making Chinese investors skittish

Ebola epidemic casts a shadow over Africa's largest economy, and many firms have put expansion on hold. -China Daily/ANN

S'pore No. 2 in region for hospitality investments

The Asia-Pacific hospitality investment market hit a five-year high last year, with a transaction volume of US$12.8 billion (S$16 billion), as Singapore emerged as the second-largest market after China. -BT

$50 rental for space in Orchard Road?

If you do not know the concept, you will struggle to make sense of this shop. -My Paper

STI flat ahead of Fed meeting

Singapore stocks traded within a narrow band yesterday, constrained by an absence of fresh leads, as investors set their sights on key upcoming events in the United States. -ST

5 things about HDB's Lease Buyback scheme

Owners of four-room Housing Board flats can now sell part of their lease back to the Government to supplement their retirement income. -ST

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