M1 launches mobile sports bundle

22 Mar 2017 - Singapore Business Review
It will be immediately available at a $16.90 monthly rate. Sports fans can now stream live EPL and NBA matches on the go with the M1 Mobile Sports bundle. The new bundle, available immediately at $16.90 per month, will enable sports fans to catch top-notch Eleven Sports Network content on their smart ...

Keppel's cashflow to finally improve with new rig deal

22 Mar 2017 - Singapore Business Review
Borr Drilling will pay a downpayment of US$275m. Keppel Corp has entered into a heads of agreement (HOA) with Norway-based Borr Drilling, which will acquire five of Transocean’s jack-up rigs that are currently being built by Keppel. According to RHB, the current price of each rig is US$216m, compared ...

16 hotels to take part in new Lean Hotel Initiative to boost productivity

22 Mar 2017 - Channel NewsAsia
SINGAPORE: A total of 16 hotels in Singapore are set to participate in the new Lean Hotel Initiative, which was launched on Wednesday (Mar 22). The initiative, which is a collaboration between Workforce Singapore (WSG) and global consulting firm McKinsey & Company, is a four-month programme that aims ...

Here's how the Ezra bankruptcy filing is impacting Triyards

22 Mar 2017 - Singapore Business Review
Lenders might demand immediate repayment. Following the bankruptcy filing announcement made by Triyards Holdings Limited's ultimate holding company, Ezra Holdings Limited, Triyards in an SGX filing said it will work closely with its financial institutions to ensure minimal or no disruption. To recall, ...

Daily Briefing: How CPF housing grants will affect HDB purchase; What M1's major shareholders are saying

22 Mar 2017 - Singapore Business Review
And Hong Kong is still cheaper than Singapore for expats. From Yahoo: It’s no secret that buying a home is the biggest financial commitment that we will make in our lives. Even with subsidised housing in the form of HDB flats, finding that perfect place to stay is still the biggest purchase we’ll ever ...

Singapore still the costliest city for expats

22 Mar 2017 - Singapore Business Review
Now for the fourth consecutive year. Singapore maintained its position as the most expensive city for expats, according to a report from Economist Intelligence Unit. Five of the ten most expensive cities are from Asia, with Hong Kong following Singapore on the list. Singapore has been ranked first for ...

Chart of the Day: How Marina One's completion will impact office supply

22 Mar 2017 - Singapore Business Review
Pre-commitment of major buildings has taken off pressures. A report by DBS Group Research said fall-off in office supply is due to completion of Marina One in 2017. “Pre-commitment of major buildings, Marina One (60%), Duo (estimated 45%), and Guoco Tower (90% taken up) has taken pressures off the new ...

Daily Markets Briefing: STI down 0.23%

22 Mar 2017 - Singapore Business Review
It's likely to continue losing today, analyst said. SGX said that the Straits Times Index (STI) ended 7.13 points or 0.23% lower to 3158.57, taking the year-to-date performance to +9.64%. The top active stocks were DBS, which declined 0.05%, Singtel, which declined 1.50%, UOB, which declined 0.27%, ...

Auditors flag going concern issues with First Ship Lease Trust

21 Mar 2017 - Business Times Breaking News
MOORE Stephens, the auditors of the financial statements of First Ship Lease Trust, on Tuesday drew attention to the business trust's full-year net loss of US$31 million for the period ended Dec 31, 2016, as well as the group's current liabilities, which exceeded its current assets by US$179.4 million."These ...

SPH Radio fined S$7,000 for breach of radio programme code

21 Mar 2017 - Business Times Breaking News
THE Infocomm Media Development Authority (IMDA) said on Tuesday it has imposed a financial penalty of S$7,000 on SPH Radio Pte Ltd for breaching the Free-To-Air Radio Programme Code earlier this year.On Jan 11, while discussing a study on Singaporeans' sleep patterns, deejays on SPH Radio's Kiss92FM ...