Business
Soilbuild to raise S$42m in construction business IPO
SINGAPORE — Only two years after he took property firm Soilbuild Group Holdings private, company co-founder Lim Chap Huat is listing one of its components, Soilbuild...
Indonesia may let DBS own 67% of Danamon on conditions: Official
SINGAPORE — Indonesia may allow DBS Group to buy Temasek Holdings’ entire 67-per-cent stake in Bank Danamon if certain conditions — including a reciprocity principle — are met,...
SIA stays on course despite feeble earnings
SINGAPORE — Despite lacklustre earnings amid a challenging business environment, Singapore Airlines (SIA) is not planning any drastic changes to its strategies.
April non-oil exports decline at slower rate
SINGAPORE — The Republic’s non-oil exports continued to decline in April, although at a slower pace than in the previous two months, prompting analysts to suggest a recovery may...
Toll opens S$300m petroleum supply base in Loyang
SINGAPORE - Australian logistics provider Toll Group on Friday opened its S$300 million petroleum supply base in Loyang after five years of redevelopment, boosting the...
Europe car sales up for first time since 2011
MILAN — The European auto industry may be showing the first signs of a slowdown in its sales free-fall, according to data from the European automaker’s association.
Japan PM sets targets in latest growth strategy tranche
TOKYO – Japanese Prime Minister Shinzo Abe, unveiling the latest tranche of his growth strategy on Friday, set targets to triple infrastructure exports, double sales of...
Rinehart urges Australia to follow Singapore’s path
MELBOURNE – Asia’s richest woman Gina Rinehart said yesterday that Australia should learn from the successful economic policies of Singapore’s founding father Lee Kuan Yew to...




