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Thursday, 31 July, 2014    LOGIN TO BTINVEST

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  • SNEF chief Stephen Lee steps down after 26 years

    [SINGAPORE] The man who guided Singapore companies through four economic downturns is stepping down as president of the Singapore National Employers Federation (SNEF) at the end of next month after...

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  • No-commission life insurance up ahead

    [SINGAPORE] From next year, life insurers in Singapore will have to sell protection up to a sum assured of S$400,000 under a government-mandated direct-purchase scheme - the first in the world.

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  • Govt injects S$100m to boost energy R&D

    [SINGAPORE] The National Research Foundation (NRF) - the Singapore Government's lead agency for research and development - announced yesterday that it will be pumping in S$100 million to fund two...

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  • Beijing revives builder bonds as market cools

    [SHANGHAI] China's government is authorising developer debt sales for the first time in five years in a bid to avoid bankruptcies as the property market cools.

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  • RBA watches as home prices and mortgages go through the roof

    [SYDNEY] Central banks from Scandinavia to the UK to New Zealand are sounding the alarm about soaring mortgage debt and trying to curb risky lending. In Australia, where borrowing is surging...

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  • Kheam Hock Gardens put up for en bloc sale

    [SINGAPORE] Private residential development Kheam Hock Gardens off Dunearn Road was launched for sale by tender yesterday.

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  • Verizon slims down, delighting developers

    [NEW YORK] In the merry-go-round of redevelopment projects in New York - where office buildings turn into apartment houses, and factories into offices, and so on - a utility company has become a...

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  • US home-rental industry is reshaping itself

    [NEW YORK] Alexander Philips joined the rush to buy foreclosed US homes four years ago, spending US$40 million on houses in California and Nevada to operate as rentals. Now his firm, Twinrock...

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Straits Times Index 3,374.06 20.41
Volume Value Rise Fall Unchanged
1,685.3M 1,555.9M 186 241 680
Hang Seng Index 24,756.85 24.64
KLCI 1,871.36 -6.98
Nikkei 225 15,620.77 -25.46
South Korea KOSPI 2,076.12 -6.49
Updated: 31 Jul 2014 17:06 (Quotes are 10 mins delayed)

IR ALERTS

CosmoSteel: Proposed Extension Of Lease Of Warehouse At 90 Second Lok Yang Road.

31 Jul 2014 18:10

CosmoSteel Holdings Limited wishes to announce that Kim Seng Huat Hardware Pte Ltd, a wholly-owned subsidiary, has applied for and accepted ...

BreadTalk: Acquisition Of Office Property In Shanghai For S$20.98 Million.

31 Jul 2014 18:05

BreadTalk Group Limited wishes to announce that Shanghai Star Food F&B Management Co., Ltd., a wholly-owned subsidiary, has entered into sev...

Mencast: Revenue And Earnings Grew By 64% And 10% Respectively For HY2014.

31 Jul 2014 17:44

HY2014 revenue increased by 64% to $74.7 million, contributed mainly by Offshore & Engineering and Energy Services segments. The start of op...

Uni-Asia: Delivery Of Vessel.

31 Jul 2014 17:05

A 37,000 dwt newbuilding handysize bulk carrier was successfully delivered on 31 July 2014 by Imabari Shipbuilding Co., Ltd. and was immedia...

Ezion: Proposed 1 For 5 Bonus Issue.

31 Jul 2014 13:04

Ezion Holdings Limited is proposing a bonus issue of new ordinary shares in the capital of the Company on the basis of 1 new ordinary share ...

Ezion: 2Q14 Net Profit Up 25.2% To US$45.4 Million.

31 Jul 2014 13:03

Ezion Holdings Limited's revenue for the three months ended 30 June 2014 increased by US$25.4 million (37.8%) to US$92.6 million as compared...

Insurance

Insurance

Reining in unethical insurance practices

SINGAPORE’S commission-based system for insurance agents has often been cited as the main cause of unethical selling of insurance...

MediShield Life: Panel to examine key issues

A panel of health-care, finance and insurance professionals as well as trade unionists and grassroots members will examine the key issues...

Call for lower MediShield co-payments

NON-CONSTITUENCY MP Gerald Giam yesterday made a push for lower co-payments under the national health insurance scheme MediShield, so that...

Hospitals give too much sick leave for injuries: Bosses

BOSSES are crying foul that foreign workers are getting too much medical leave from hospitals, which in turn insist that their doctors are...

Life insurers see third straight quarter of growth

HEALTHY sales across all segments delivered the life insurance industry its third consecutive quarter of growth.

Finance

Personal Finance

TDSR hit Singapore buyers harder than foreigners

[SINGAPORE] The total debt servicing ratio (TDSR) framework seems to have had a bigger impact on private home purchases by Singaporeans...

Household debt manageable: Credit Suisse

SWISS bank Credit Suisse waded into the debate over Singapore's household debt yesterday, taking the side of those who argued that the...

Salary Benchmarker

Research Reports

Research Reports

Indofood Agri Resources: HOLD 30 Jul 2014

Excluding translational FX losses of Rp91.5bn, IndoAgri booked 2Q14 core earnings of Rp316 bn (+377% y-o-y; +228% q-o-q ) – representing...

CDL Hospitality Trusts: BUY 30 Jul 2014

CDLHT posted a 6.4%/11% YoY rise in 2Q14/1H14 revenue to SGD 37.9m/81.6m, bolstered by its Maldives resort acquisitions. 2Q14/1H14 DPU...
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