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Razer is official esports partner of SEA Games 2019

SINGAPORE (Nov 28): Local gaming company Razer will be the official esports partner of the 2019 Southeast Asian Games (SEA Games 2019).

The SEA Games is an 11-day country international sporting event where esports will be recognised as a medal sport for the first time in history.

As the official esports partner, Razer will draw upon its expertise and experience in esports, as well as its ecosystem of hardware, software and services to support the esports tournament at SEA Games 2019.

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Wage debate

Singapore does not have a minimum wage policy for fear of causing businesses to go bust and raising unemployment rates. But companies should be able to afford competitive wages anyway.

World's richest economies enjoy biggest pay raise in a decade

HONG KONG (Sept 17): Workers in the world's richest countries are getting their biggest pay bump in a decade, a step towards solving a labour market puzzle that's unnerving central bankers.

As shrinking unemployment in the US, Japan and the eurozone finally forces companies to lift wages to retain and attract staff, JPMorgan Chase & Co reckons pay growth in advanced economies hit 2.5% in the second quarter, the most since the eve of 2009's worldwide recession. The bank predicts wages will accelerate 3% next year.

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Singapore plans new bill to attract more of the world's millions

(Sept 11): Singapore, one of the world’s easiest places to do business, is making it simpler for investment managers to register funds locally as the city-state goes after a bigger slice of the US$69 trillion ($95 trillion) global asset-management industry.

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Ride-hailing giant Grab expects to double revenue in 2019

(Sept 6): Singapore’s Grab outlined ambitious fundraising plans and predicted that sales will double next year, adding to evidence that Southeast Asia’s most valuable startup is expanding well beyond its roots as a ride-haling app and intensifying a rivalry with Indonesia’s Go-Jek.

Revenue will double from the US$1 billion ($1.37 billion) it expects in 2018 as it integrates the acquisition of Uber Technologies Inc.’s regional business and delves deeper into new areas from bike-sharing to digital payments.

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Emerging markets rout presents buying opportunity, GIC CEO says

(Sept 6): The rout in emerging markets presents a potential buying opportunity, according to the chief executive officer of Singapore’s sovereign wealth fund.

“As a long term investor, we are not too perturbed,” GIC CEO Lim Chow Kiat said during a Q&A session at the Bloomberg Sooner Than You Think technology summit in Singapore on Thursday. “In some markets it will give us opportunities as well, in some companies or stocks, or even bonds that we like to buy. But the valuations were a bit stretched. Perhaps now is a better time.”

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Japfa benefits from upturn in highly cyclical industry

SINGAPORE (Sept 6): Helped by an upturn in the poultry and swine industries in Indonesia and Vietnam respectively, livestock producer Japfa has done well in 2Q18 ended June 30.

Yet investors should not get carried away by the recovery in its prospects as the company operates in a highly cyclical environment.

It was only last year that Japfa was a hit by a downturn that saw its top line eroded and bottom line turned red.   

Japfa CEO Tan Yong Nang notes that the livestock businesses – be it poultry or swine – are subjected to the forces of demand and supply.

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Millennials sit out the bull stock market: Barry Ritholtz

(Sept 6): What has happened to the generation of investors that came of age in the middle of the worst financial crisis since the Great Depression? The evidence suggests their experiences scarred them deeply, though we don’t yet know if this psychological damage is permanent.

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The 6 biggest SGX-listed agriculture stocks are beating global benchmarks

SINGAPORE (Sept 4): Six of the biggest agriculture-focused stocks listed on the Singapore Exchange (SGX) are beating global agriculture benchmarks so far this year, according to data from Bloomberg and SGX.

Wilmar International, Olam International, Golden Agri-Resources, First Resources, Japfa and Bumitama Agri each have a market capitalisation above $1 billion. As of Aug 27, they have a combined market capitalisation of $35.8 billion.

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What has improved 10 years after Lehman: DBS

SINGAPORE (Sept 4): This year marks the 10th anniversary of the Global Financial Crisis or Lehman Crisis that sent shock waves through the global financial system.

On Sept 2008, financial services firm Lehman Brothers filed for bankruptcy which eventually prompted massive capital-raising exercises to keep a number of key financial institutions afloat.

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