Markets & Investing

SPH's staff costs dip 5% after job cut

SPH's staff costs dip 5% after job cut

It intended to cut its staff costs by 10% to improve earnings.

Government urged to focus on developing unicorns

Singapore Business Federation recommended tax incentives and rebates to spur investment in potential unicorns.

SGX proposes changes to rules on companies' board of directors

One of the changes limits the term of board directors to nine years before renewal.

Hg Metal Manufacturing appoints Teo Yi-Dar as non-executive chairman

He is currently serving as director of Kenyon Group Limited.

Chinese investors pivot to Asia amidst tighter Western scrutiny

However, deal sizes may shrink as investors opt for minority stakes and joint ventures.

SGX to amend rules on quarterly reporting

If QR is retained, only firms with at least $150m market cap will be required to do it.

4 in 5 Singapore firms expanded overseas in 2017

71% have operations in at least one ASEAN country.

1 in 4 firms lag industry peers in company upgrades

Six in ten of them struggled with lower profits in 2017.

Sheng Siong Group appoints Tan Poh Hong as independent director

She was also appointed as a member of audit and remuneration committee.

Lion Global Investors appoints Wee Ai Ning as director

She previously worked as chief executive officer at Singapore Pte Ltd.

Best World International appoints Chan Pengee, Adrian as non-executive independent director

He was the chairman of nominating and a member of audit and remuneration committee.