Windfall for local furniture makers

23 Sep 2017 - The Star Online
Manufacturers with exports to the United States likely to see a spike in demand LOCAL furniture makers will gain after the dust settles in the aftermath of the hurricanes that hit the United States and the Caribbean region. Insurance claims will inevitably rise in countries that have been ravaged by ...

Is Europe going the wrong way on taxing tech?

23 Sep 2017 - The Star Online
THE European Commission on Tuesday tentatively opened the door to a plan by 10 member states, including Germany, France, Italy and Spain, to hit multinational tech companies with a turnover tax to compensate for their avoidance schemes. A new proposal presented by European Commission vice-president Valdis ...

Eight takeaways from Fed meeting this week

23 Sep 2017 - The Star Online
HERE are eight takeaways from the Federal Open Market Committee meeting that took place on Sept 19 and 20. Balance sheet reduction will be as unexciting as possible, and for good reason. In announcing that the process will begin next month, central bankers hope that a highly gradual and highly predictable ...

"Think Asia, Think Hong Kong" Inspires London Audience

22 Sep 2017 - ACN Newswire
"Think Asia, Think Hong Kong," a large-scale Hong Kong business promotion organised in London by the Hong Kong Trade Development Council (HKTDC) and supported by more than 60 UK organisations, attracted over 2,100 participants from the United Kingdom, Hong Kong and the Chinese mainland.Over a three-day ...

EMS granted time extension to submit proposal for trading resumption

22 Sep 2017 - Business Times Breaking News
EMS Energy on Friday said that its sponsor has applied to the Singapore Exchange for a time extension to submit its proposal to resume trading, on the grounds that it needs more time to implement various schemes of arrangement among its subsidiaries. It said that it needs up to 12 months to convene various ...

Hatten Land to raise US$20 million in convertible loan

22 Sep 2017 - Business Times Breaking News
HATTEN Land on Friday said it has entered into a convertible loan agreement with Haitong International Financial Products (Singapore) and Tan June Teng Colin, under which Haitong has agreed to extend a convertible loan of US$20 million. Mr Tan, the company's executive chairman and managing director, ...

Chinese tech jobs site Lagou plans US listing as demand for AI talent soars

22 Sep 2017 - South China Morning Post
Lagou, one of China’s biggest technology recruitment websites, said it plans to launch an initial public offering in the US in 2019 amid surging demand for talent in fields like artificial intelligence (AI). It made the announcement on Friday after receiving a US$120 million investment from 51jobs Inc, ...

CCT launches $700m rights issue

22 Sep 2017 - Singapore Business Review
It will fund the Asia Square Tower 2 acquisition. CapitaLand Commercial Trust (CCT) launches a $700m rights issue. According to an announcement, 513.5 million new units in CCT will be offered, or 166 right units for every 1,000 existing units. DBS, JPMorgan, and HSBC were appointed as joint lead managers ...

Balance Advisory takes clients on trade facilitation and investment journey with multidisciplinary approach

22 Sep 2017 - South China Morning Post
A diversified portfolio is key in managing risks and optimising returns, but it does not guarantee a successful investment strategy. The real solution lies in striking a balance – and finding an adviser with whom to see each investment through. Few combine a multidisciplinary approach with deep, practical ...

Far East Consortium uses Asian mindset to develop high-rise properties

22 Sep 2017 - South China Morning Post
When David Chiu came to Australia and established a subsidiary for Far East Consortium (FEC), the chairman of the international real estate company introduced a global mindset into the local property scene. The result was a pioneering wave of high-rise residential and entertainment developments that ...