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More firms embrace flexible work arrangements: MoM report

17 Jan 2019 - Singapore Business Review
Proportion of firms offering at least one formal FWA increased by 3% to 53% in 2018. Offering flexible work arrangements (FWAs) has been proven to be crucial in reducing resignation amongst employees, a report by the Ministry of Manpower (MoM) revealed. In relation, firms have been more open to FWAs ...

Chart of the Day: iEdge SG All Healthcare Index hit -3.3% return in 2018

17 Jan 2019 - Singapore Business Review
The top performing constituent is Top Glove which saw its returns hit 40.6% in 2018. This chart from the Singapore Exchange (SGX) shows that the iEdge SG All Healthcare Index saw a total return of -3.3%. This is compared to the total returns of -6.5% for the Straits Times Index (STI), -3.2% for the MSCI ...

Daily Briefing: Ofo faces suspension after breaching multiple regulatory requirements; Sunseap buys minority stake in Australian solar construction firm Todae Solar

17 Jan 2019 - Singapore Business Review
And Tampines Avenue 10 executive condominium site receives seven healthy bids from developers. From Channel News Asia: Bike-sharing firm Ofo is facing suspension if it fails to meet all regulatory requirements by 13 February 2019 which includes downsizing fleet to 10,000 and implementing the Land Transport ...

Half of Singapore online businesses lament regulatory barriers in expansion: survey

17 Jan 2019 - Singapore Business Review
Nearly 40% spent $68,800 to $137,800 on compliance per year. Although three-fourths of online businesses in Singapore seek to grow their international footprint, regulatory hurdles increasingly hamper their expansion plans, according to a survey from Stripe. Also read: Is Singapore losing cash as SMEs ...

Government urged to introduce tiered tax concessions for firms that enhance cyber resilience

17 Jan 2019 - Singapore Business Review
KPMG says in its Budget 2019 wishlist that it may encourage corporations to develop their risk management, vigilance and governance for cyber attacks. Professional services firm KPMG called on the government to introduce tiered tax concessions or rebates for those companies which succeed in enhancing ...

Over half of Singapore's workforce unsatisfied with their current job: report

17 Jan 2019 - Singapore Business Review
Healthcare workers were ranked as the most motivated and less stressed. Less than half of Singapore’s employees or 49% were found to be satisfied with their current jobs which is less than the global employee job satisfaction average of 62%, according to technology platform Qualtric’s latest Global Employee ...

Singapore non-oil domestic exports dropped 8.5% in December 2018

17 Jan 2019 - Singapore Business Review
It was dragged by the 11.2% decrease in the electronics segment. Singapore’s non-oil domestic exports (NODX) continued its downward trend seen in November after exports further slipped 11.2% due to decreases in both electronic and non-electronic exports, Enterprise Singapore (ESG) revealed. On a MoM ...

Maybank Research retains Buy for IHH, TP RM6.45

17 Jan 2019 - The Star Online
KUALA LUMPUR: Maybank Investment Bank Research retained its Buy call for IHH Healthcare and sum-of-parts based target price of RM6.45. It said on Thursday IHH’s 31%-owned Fortis had completed the acquisition of RHT’s hospital assets in India which Fortis operates at.
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Creso Pharma Targets Multi-Billion Dollar Pet Industry -- CFN Media

16 Jan 2019 - ACN Newswire
via NEWMEDIAWIRE -- CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announces publication of an article discussing Creso Pharma Inc. (ASX: CPH) and why it's well positioned to capitalize on the rapid growth in the pet CBD ...

Kampong Java Road residential site clinched for $418.38m

16 Jan 2019 - Singapore Business Review
However, last year's cooling measures may have resulted in its subdued land rate of $1,192. The residential site in Kampong Java has closed its tender and has been won by CELH Development at $418m, the Urban Redevelopment Authority (URA) revealed. Considering the price tag, the land rate falls to about ...