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Business

Singapore economy contracts 1.4% in Q1

SINGAPORE: Singapore's trade-driven economy shrank in the first quarter as demand for exports remained weak, but a robust construction sector cushioned the decline, preliminary government estimates showed Friday.

Business

Singapore's economy shrank 0.6% in Q1

Based on advance estimates, the Singapore economy contracted by 0.6 per cent on a year-on-year basis in the first quarter of 2013, compared to the 1.5 per cent growth in the preceding quarter, said the Ministry of Trade and Industry (MTI).

Business

Africa Makes The Grade For Richest U.S. University Investors

JOHANNESBURG: America's wealthiest universities are venturing into Africa's fast-growing frontier markets in search of outsized investment returns that will allow them to offer scholarships, lure star professors and fund research.

Business

Najib: Healthcare sector changing in line with Vision 2020

KUALA LUMPUR: The country's healthcare sector is rapidly changing in line with the government's vision towards an industrialised Malaysia by the year 2020, said Prime Minister Datuk Seri Najib Tun Razak.

Business

Singapore says economy slowed sharply in January-March

SINGAPORE: Singapore's economic growth slowed sharply in the first three months of the year, data showed Monday, but the central bank stood pat on monetary policy saying it would be lifted by a pick-up in global growth.

Business

Faber lands RM1bil hospital maintenance contract

PETALING JAYA: Faber Medi-Serve Sdn Bhd has been awarded a 27-year contract worth RM1.03bil by Konsortium ProHAWK Sdn Bhd to provide asset management services for the facilities and infrastructure of a women and children’s hospital in Kuala Lumpur.

Business

J&J sees device growth via new products, emerging markets

NEW YORK: Johnson & Johnson said on Thursday it would file for approvals of more than 30 major products by the end of 2016 as it looks to restore growth to a medical device division that has been overshadowed by its drugs business.

Business

E&O ups the game with Seri Tanjung Pinang project

EASTERN and Oriental Bhd’s (E&O) development of the Seri Tanjung Pinang project showcases that Malaysian developers have what it takes to undertake unique and challenging projects on reclaimed land in the likes of Dubai’s Palm Jumeirah.

Business

Malaysia mission to San Diego convention seals seven bio deals

KUALA LUMPUR: The Malaysian bio-trade and investment mission in conjunction with the 2014 BIO International Convention in San Diego resulted in seven exchanges of documents for collaboration in the biomedical and wellness industry.

Business

Tapping Pahang’s potential

Property developer, LBS Bina Group Bhd (LBS), believes that the strategic location, quality designs and growth potential will be the keys to success for its latest mixed commercial and residential project, Sinaran Mahkota project in Kuantan, Pahang.