in print this week

Central banks turn dovish as IMF urges to 'do no harm'
SINGAPORE (Apr 15): Major central banks around the world have maintained a dovish stance, in line with a softer growth outlook by the International Monetary Fund. In its latest World Economic Outlook on April 9, the IMF lowered its growth forecast for 2019 to 3.3%, from 3.5% previously. This is the third time in six months that the fund has trimmed its outlook. The IMF cautioned that ...
IHH Healthcare to take offerings to 'whole different level' with digitalisation
SINGAPORE (Apr 12): Towards the end of July 2012, at a meeting with bankers and fund managers in the run-up to IHH Healthcare’s IPO, an executive of a financial institution asked what was so special about the healthcare provider. “If we throw a few billion dollars, we can recreate IHH,” he said. In response, IHH’s current managing director and CEO, Dr Tan See Leng, explained that the ...
The revolution need not be automated
(Apr 8): Artificial intelligence is transforming every aspect of our lives, not least the economy. As a general-purpose technology, AI’s applications are potentially endless. While it can be used to automate tasks previously performed by people, it can also make human labour more productive, thereby increasing labour demand. Unfortunately, the current trend in commercial AI development is ...
No winners in Thailand as political gridlock continues amid rumours of possible election fraud
SINGAPORE (Apr 1): “CheatingElection19” was among the top trending terms on social media amid allegations of electoral fraud, following Thailand’s general election on March 24 — the first in five years after then prime minister Yingluck Shinawatra was toppled in a military coup in 2014. Both the anti-junta Pheu Thai party and the military-backed Palang Pracharath (PPRP) party have ...
GIC has Singtel's back in Bharti Airtel rights issue
SINGAPORE (Mar 11): GIC, Singapore’s sovereign wealth fund, is making a concerted effort to help Singapore Telecommunications (Singtel), the largest government-linked company, maintain the city state’s hold on India’s Bharti Airtel, which is tapping investors for fresh funds of US$3.5 billion ($4.75 billion) so that it can continue to wage a brutal price war in the Indian mobile ...
The alarming language of conflict
SINGAPORE (Mar 11): My youth was dominated by the Cold War and the war in Vietnam. I read as widely as I could, trying to sift the truth from the propaganda, the unbalanced reporting and, at times, the outright lies being fed to the public by politicians from both sides. The media carried war-like language and the language of war was used by Russia, the US and the North and South Vietnamese ...
HRnetGroup is on an expansion spree
SINGAPORE (Mar 1): HRnetGroup, the recruitment agency, has a few unique practices in its company, including a 20-minute daily exercise-and-meditation qigong routine to keep staff happy and healthy, as well as companywide internal meetings held on Saturdays, as the weekdays are “golden time” for staff to meet clients and call job candidates. Such practices have helped HRnetGroup expand to ...
Singapore central bank chief says policy stimulus may not be necessary
SINGAPORE (Mar 4): Singapore’s monetary policy stance remains appropriate for current conditions and there is no need for policy stimulus if the economy performs as expected, central bank managing director Ravi Menon said. Growth will probably come in at the midpoint of the 1.5% to 3.5% forecast range for this year, or slightly lower, bringing “the economy back to its potential,” Menon ...
Feeding the 10 billion
SINGAPORE (Feb 18): Our current diets are bad for our health and harming the planet. Two billion people are now overweight or obese. Poor diet is the biggest cause of non-communicable disease in the world, posing a greater risk of morbidity and mortality than unsafe sex, alcohol, tobacco and drug abuse combined. The way we produce and consume this food, meanwhile, damages earth’s ...
APAC Realty buys back franchisees, raises bet on regional expansion, remains upbeat on Singapore
SINGAPORE (Feb 18): As Singapore experiences the effects of the property cooling measures, listed real-estate agency APAC Realty, better known for operating under the ERA franchise, is now looking overseas to diversify from the Singapore property market. In an announcement on Feb 11, APAC Realty showed its intention to expand to Indonesia and Thailand by teaming up with local partners ...