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  • Changi Airport's Terminal 4 welcomes first flight

    October 30, 2017 10:46 PM 8

    SINGAPORE: Changi Airport's Terminal 4, which opened on Tuesday (Oct 31), welcomed its first flight as Cathay Pacific Airways CX659 from Hong Kong landed at 5.25am. Passengers who were on the flight were given a goodie tote bag containing a plush toy, fan, and cardholder. They also received orchids upon disembarking from the plane and were greeted with a performance

  • Financial sector to add 4,000 jobs a year

    October 30, 2017 9:01 PM 4

    Industry road map aims to lift productivity; banks urged to do more to retrain workers The financial services industry is looking to create around 3,000 new jobs and a further 1,000 in financial technology a year under a road map to transform the sector. At the same time, banks and financial institutions have to do more to retrain workers whose jobs are affected

  • 4,000 jobs to be created in financial services and fintech under MAS blueprint

    October 30, 2017 1:20 PM 4

    SINGAPORE — A total of 4,000 net jobs will be created annually till 2020 in the financial services and fintech sectors as part of the industry transformation map (ITM) for financial services which was launched on Monday (Oct 30). Three quarters of the new jobs will be added in the financial services sectors, and these cut across the areas of wealth management

  • Public transport fares largely unchanged after review, 2 off-peak trials to end

    October 30, 2017 1:02 PM 3

    SINGAPORE — Public transport fares will remain largely unchanged, the Public Transport Council (PTC) announced on Monday (Oct 30) after its latest review. The Council also announced that free morning pre-peak hour travel will cease from Dec 29. But discounts of up to 50 cents will be given to this group of commuters. The discount will apply to commuters

  • Goldman CEO has high hopes for London HQ post-Brexit, much outside his control

    October 30, 2017 12:45 PM 3

    LONDON - Goldman Sachs chief executive Lloyd Blankfein expects to fill up the firm's new European headquarters which is currently under construction in London, but said Britain's exit from the European Union leaves much outside the bank's control. "In London. GS still investing in our big new Euro headquarters here. Expecting/hoping to fill it up, but so much outside

  • Discount for commuters who enter stations before 7.45am on weekdays; all other fares unchanged

    October 30, 2017 9:03 AM 3

    SINGAPORE - Commuters can pay up to 50 cents less in transport fares if they enter any of the 157 MRT stations before 7.45am on weekdays. The announcement was made as part of the Public Transport Council's (PTC) annual transport fare review where it added that all other transport fares for the coming year will not be adjusted. The discounted fares before

  • Train fares for morning pre-peak travel to fall by up to 50 cents: PTC

    October 30, 2017 8:59 AM 4

    SINGAPORE: Train fares for morning pre-peak travel will be cut by up to 50 cents from Dec 29 across the entire rail network, the Public Transport Council (PTC) announced on Monday (Oct 30). Other public transport fares will be maintained for 2018, the PTC added. This comes after a review of the Free Pre-Peak Travel (FPPT) and Off-Peak Pass (OPP) trials

  • Emas Offshore updates financial information

    October 30, 2017 8:54 AM 3

    BELEAGUERED offshore support vessel owner-operator Emas Offshore Ltd has updated its financial information as well as that of one subsidiary, Emas Offshore Private Ltd. For the parent company, non-preferential unsecured creditor liabilities were restated with the changes being that bank loans and payables are now US$49.3 million versus US$194.5 million

  • Akzo Nobel in talks to buy U.S. rival Axalta

    October 30, 2017 7:45 AM 3

    AMSTERDAM - Dutch paints and coatings maker Akzo Nobel, under pressure after rejecting a lucrative takeover offer and then issuing two profit warnings, said it was in talks to buy U.S. rival Axalta Coating Systems Ltd that could create a $30 billion company. Akzo, the maker of Dulux paint, announced it was in "constructive talks" following market speculation

  • 4,000 jobs in finance, fintech to be created annually

    October 30, 2017 6:28 AM 3

    SINGAPORE: Despite a better performance compared to other sectors in a sluggish economy, the financial services sector in Singapore has set itself a new and ambitious benchmark - achieving better productivity, a higher growth than the overall economy and creating thousands of jobs each year up to 2020. Board member of the Monetary Authority of Singapore