The PAP Seniors’ Group feels that Fort Canning Park, which holds many historically significant memories for older Singaporeans, is suitable as the site for the Founders’ Memorial, Speaker of Parliament Halimah Yacob said yesterday…
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1988: Singapore seeks MNCs, oil futures trading
Multinational corporations (MNCs) were an important component of economic strategy 28 years ago.
Gilead ordered to pay Merck US$200m for hepatitis C patents
GILEAD Sciences Inc was ordered by a jury to pay Merck & Co US$200 million for patent infringement over a drug compound that cures hepatitis C, a tenth of what Merck sought.
Floating production market sees new opportunities
THE floating production market is undergoing a sea change in more ways than one that presents new opportunities to yards in Singapore that are hungry enough to test new limits to make up for order backlog shortfalls as rig-building orders dry up.
SMU-DHL collaboration yields unconventional solutions in sustainable logistics
IN A successful example of industry-academic cooperation, Singapore Management University's (SMU) Green Transformation Lab (GTL), set up jointly with DHL, has worked with more than 150 undergraduate and postgraduate (both Masters and PhD) students across various SMU programmes since the lab was set up in 2013.
Markets look to 'dovish' Federal Reserve for direction
MAJOR US stock indexes fell slightly last week, snapping a five-week winning streak as official statements and economic data hinted that the Federal Reserve could raise rates again as soon as next month.
Half empty or half full? STI's rebound stirs debate
THE winds pummelling Singapore stocks appear to have changed direction of late – with a recent relatively balmy upturn that has seen the local market more or less recoup its year-to-date losses.
Over a fifth of SGX Mainboard stocks in MTP danger zone
NEARLY a month after Singapore Exchange's (SGX) minimum trading price (MTP) rule kicked in, more than a fifth of Mainboard-listed firms on the local bourse still appear to be in the danger zone.
Keppel delivers first pair of Grupo R jackup rigs
KEPPEL Offshore & Marine's rig-building arm Keppel FELS has delivered the first two of five jackup rigs on order from Mexico's Grupo R.
Wall Street may decide outcome of US polls
SOME people believe the US stock market follows the American presidential cycle, but recent elections suggest it could be the other way around. The performance of the stock market could help decide whether Donald Trump, Hillary Clinton or someone else wins the White House this year.

