Business

[ad_1] Mon, Nov 16, 2020-9: 53 am SINGAPORE shares rose at the opening bell on Monday, following a bullish close in US markets on Friday. The Straits Times Index (STI) gained 20.50 points, or 0.8 percent, to 2,731.89 at 9:06 am. The winners outnumbered the losers from 139 to 35, …

[ad_1] Mon, Nov 16, 2020-11: 31 am SHARES of Starburst Holdings, which designs and installs ballistic rebound protection systems, fell on Monday after it revealed its co-founders are out on bail amid an investigation by Singapore’s anti-corruption watchdog. Last Thursday, the Corrupt Practices Investigation Office (CPIB) interviewed CEO Edward Lim …

[ad_1] SINGAPORE: Sales of new private homes in Singapore plummeted more than 50 percent in October amid a shortage of new projects and restrictions on reissue of purchase options (OTP). Private developers sold 642 units, excluding executive condos (EC), in October, data from the Urban Redevelopment Authority (URA) showed on …

[ad_1] A local YouTuber who has been criticizing so-called business gurus who promise financial success has found himself in a legal mess. LeapVista, a startup that offers training in the art of e-commerce and online marketing, sent a legal letter to Rishi, accusing the YouTuber of defamation and violation of …

[ad_1] WASHINGTON (BLOOMBERG) – US President Donald Trump plans several new hard-line moves against China in the remaining weeks of his term, according to a senior administration official, potentially tying the hands of President-elect Joe Biden. Actions under consideration include protecting American technology from exploitation by the Chinese military, countering …

[ad_1] Mon, November 16, 2020 – 13:09 Shares of integrated resort operator Genting Singapore, its Malaysian counterpart and its parent company rose on Monday, driven by a sharp quarter-on-quarter turn in results for the Singaporean company. Genting Singapore rose as much as 9.1 percent to hit Singapore’s 82 cents around …

[ad_1] FRASERS Centrepoint Trust (FCT) may have announced a sizeable deal, but the Real Estate Investment Trust (Reit) trustee has no qualms about acquiring more property if the right opportunities present themselves. “When we have the opportunity (to acquire suburban retail space), we will evaluate it,” said Richard Ng, CEO …

[ad_1] SINGAPORE – Catalist-listed Starburst Holdings CEO Edward Lim Chin Wah and CEO Yap Tin Foo are released on bail amid an investigation by the Corrupt Practices Investigation Bureau (CPIB) . According to the company’s trade presentation around 10 p.m. Sunday night (Nov 15), the CPIB interviewed them last Thursday …

[ad_1] SINGAPORE: Even amid a political climate in which the narrative of foreign talent displacing locals has been a long-standing contentious issue revived by a challenging job market in a global pandemic, Singapore appears to be at it again. The country’s Economic Development Board (EDB) has just announced that a …

[ad_1] SINGAPORE – Genting Singapore posted a net profit of $ 54.4 million for the three months to September 30 from a net loss of $ 163.3 million in the prior quarter after Resorts World Sentosa (RWS) reopened to visitors in early July when the nation entered phase two of …