John Lim, CEO of ARA Asset Management, got very rich riding the REIT boom over the past decade. Now, new rules might be in the offing. What does it mean for him and investors? Issue 523 of The Edge Singapore is now available on the iPad. 
From a six-month free stay and themed condominiums to lucky draws with holiday trips and cars as prizes, as well as discounts in various forms, developers are dangling more carrots to entice buyers in the face of greater competition.
BNP Paribas fund manager James Haynie, who co-manages the best-performing Singapore-registered US equity fund over five years, has a knack for picking winning stocks. But he has no qualms about selling market darlings too when they become too hot to handle.
Ng Yong Hwee, CEO of City Gas, talks about how the 150-year-old company has adapted to a changing market and continues generating new demand for its product.
Remy Martin’s Louis XIII brand ambassador Christophe Bourrié has one of the best jobs in the world — promoting the premium cognac, a favourite of monarchs and hip-hop royalty alike.
When Alexis@Alexandra was launched in early 2009 by EC Prime, a joint venture between boutique developers Fission Group and Yi Kai Group, all the units were snapped up within three days. Average prices then were between $850 and $1,100 psf, which were considered high for the area. 
The Edge Singapore's iPad app has been upgraded to support Apple's latest iPad, as well as to fix certain bugs. To continue reading The Edge Singapore on your iPad, 
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- May 17: Frencken Group, SIA, Technics Oil & Gas
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The Daily Edge
Singapore stocks fall 0.3% to close at 2,822.61
Singapore’s Straits Times Index fell 0.3% to 2,822.61 at the close. About three stocks declined for each two that gained. Singapore’s economy expanded an annualised 10% in the three months through March 31 from the previous quarter, beating economists’ estimates.
SembMarine unit wins 3 contracts totalling $130m
Sembcorp Marine’s subsidiary Sembawang Shipyard has secured three major contracts totalling $130 million. The first contract is awarded by Sonangol Pesquisa e Produção S.A. for the repair and upgrading of FSO Palanca. Sonangol is a state-owned company and a subsidiary of Sociedade Nacional de Combustíveis de Angola, E.P.
Singapore stocks up 0.5% at midday
Singapore shares partly recovered by midday from the previous day’s sell-off, but analysts said the outlook was weak and warned of earnings downgrades. The Straits Times Index was up 0.5% after falling 1.6% on Wednesday. The index has risen nearly 7% so far this year, but is underperforming Thailand, Philippines and Vietnam after falling this month.
UOB expects consensus downgrades for market
Singapore companies are likely to see cuts in earnings estimates after a weak quarterly performance, UOB Kay Hian said. The number of poorer-than-expected results was one of the highest since 2009, with 38% of the results in January-March coming in below market expectations versus 31% in the previous quarter, the brokerage said, citing rising cost pressures as a factor. "We see potential...
Singapore April export rise hides weak regional outlook
Singapore exports rose more than expected in April due to a surge in pharmaceuticals but softness in electronics, a mainstay of manufacturing in many Asian economies, points to a likely slowdown in regional growth as China’s economy cools. The Southeast Asian city-state on Thursday said its non-oil domestic exports grew 8.3% in April from a year ago, beating the consensus forecast of 6.9%...
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