Exposure to coronavirus disruption low for majority of APAC infrastructure companies
Of the nearly 200 rated infrastructure issuers in Asia-Pacific, 68 per cent have low exposure to disruption from the coronavirus, 23 per cent have moderate exposure, and 9 per cent have high exposure said Moody's Investors Service in a sector comment released on Thursday.
Structural transformations more important than ever for ASEAN: AMRO
ASEAN+3 growth is expected to reduce sharply to 2 per cent in 2020, followed by a strong rebound to 5.5 per cent in 2021, said ASEAN+3 Macroeconomic Research Office (AMRO) on Tuesday, with the launch of its annual flagship report.
S$600 one-off payout for all adult Singaporeans
ALL adult Singaporeans will receive a one-off Solidarity Payment of S$600 in cash, said Deputy Prime Minister Heng Swee Keat on Monday, even as he urged those who do not need the cash to donate it to charities or directly share it with others.
Stronger coordination, skills and transparency needed to elevate sustainable projects in Asean: SIIA
Southeast Asia needs stronger coordination, skills and transparency in elevating sustainable projects to investors, said a report on financing sustainable infrastructure in ASEAN which was published by the Singapore Institute of International Affairs (SIIA).
Time to give Singapore's fair tenancy framework legislative bite
FIVE years after a committee under the Singapore Business Federation (SBF) came up with guidelines aimed at halting unfair leasing practices and months after we first heard of Covid-19, which then was known under a different name, concrete steps are finally being taken to right the perceived...
Furniture retail 2.0
WHILE most other comparable digital retailers may focus 90 per cent of their budget on marketing and 10 per cent on product development, home-grown furniture retailer Castlery does the reverse.
Cash payouts a much-needed 'steroid jab'
THE various moves by the government to put cash back in the hands of individuals and households is a much-needed "steroid jab" to raise consumer confidence, said market watchers.
Urgency for Asean to realise the vision of the AEC and trade more with itself is greater than ever: EU-ABC
Underneath its rosy headline figures, Asean’s foreign direct investment (FDI) numbers suggest cause for concern, as the region continues to miss its own targets for regional economic integration and intra-Asean trade continues to lag warns the EU-Asean Business Council in its latest report.
Covid-19: Call for bold measures in Singapore's second support package
THE government's second support package will need to bring out the big guns if Singapore wants to avert severe fallout from the novel coronavirus pandemic within the next few months, businesses, associations and consultants told The Business Times on Tuesday.
On the trail of the education holy grail
STUDENTS graduating from ChildFirst, like most other preschoolers, are required to put up a performance. Unlike most other preschoolers, they are also required to show off their coding chops, in the form of a robot dance.
Smooth sailing on shipping front - for now
FRENCH shipping group CMA CGM continues to see an upturn in its business in China, even as it remains braced for the second half of what its chief financial officer Michel Sirat terms a "W-shaped" recovery.
Singapore government to help businesses affected by Malaysia lockdown
THE Singapore government is extending help to businesses affected by Malaysia's Movement Control Order even as it is trying to negotiate for flexibility to smoothen out the transition. This assistance includes financial support of S$50 a night per worker for 14 nights, for businesses who have...
MOM's focus is to prevent large-scale job losses: Josephine Teo
THE Ministry of Manpower's focus in the coming months is to prevent large-scale job losses, said Minister for Manpower Josephine Teo on Wednesday, even as she stressed that this does not represent a shift away from the ministry's mandate to promote job and wage growth in the medium to longer...
60% of Asia's HNW not planning for succession
More than half of Asia's high net worth are not actively planning for succession, citing different priorities or "no perceived need" for it while of those that are looking at succession planning, many cite a lack of variety as the top challenge when choosing the right products and services.
Vietnam's e-commerce market to surpass US$17b in 2023: GlobalData
Vietnam's e-commerce market is projected to hit VND 399.5 trillion (US$17.3 billion) in 2023, from VND 218.3 trillion (US$9.4 billion) in 2019, according to a forecast from data and analytics company GlobalData.
Solutions for sustainable healthcare financing in Asean
Despite a 250 per cent increase in healthcare expenditure across the Asean region, outcome measures such as life expectancy and Universal Health Coverage (UHC) index scores remain lower across the region than those of many developed nations.
Outbound cargo rates soar as Covid-19 slashes airfreight capacity
OUTBOUND freight rates are skyrocketing on the back of weeks-long labour shortage and disruptions to logistics links that continue to dog operations in China, although there is still international air and ocean capacity, albeit much reduced from before, according to industry players.
Enhanced support for retirement, inclusivity
THE government is helping seniors increase their retirement savings through the introduction of a Matched Retirement Savings Scheme and adjustments to the Basic Retirement Sum (BRS).
Care and Support Package worth S$1.6b to help households
AN S$1.6 billion Care and Support Package was unveiled to help Singaporeans with their household expenses in the light of the economic slowdown and uncertainties of the Covid-19 outbreak, said Deputy Prime Minister and Finance Minister Heng Swee Keat in his Budget speech on Tuesday.
Impact of coronavirus epidemic to have widespread spillovers to the region and rest of the world
The escalation of the virus outbreak and slowdown in China would result in a deduction of 0.2 percentage points from ASEAN+3 growth, said AMRO in a note on Wednesday.
Five SEA cities rank in JLL's Premium Office Rent tracker but rents remain reasonable: JLL
Five Southeast Asian cities rank in the world’s top 86 most expensive premium office rental markets, according to the fifth edition of JLL’s Premium Office Rent Tracker.
TESLA Motors might be the name you think of when you think of electric cars today, but while the Californian electric car maker only began development on the Roadster in 2004, Kelvin Lim was already driving an electric car in 2001.
Companies will be hit harder by supply chains disruption than during Sars outbreak
THE impact of factory closures and cuts to transport links across China will have more far-reaching implications for businesses compared with the Severe Acute Respiratory Syndrome (Sars) epidemic of 2003, say market watchers, even as they stress that there are still too many questions...
Factories feeling the strain from supply and labour shortages
MANUFACTURING companies in Singapore are beginning to feel the strain from supply chain disruptions and labour shortages, as China enters its third month of grappling with the fallout from the novel coronavirus outbreak.
Vietnam has a booming e-commerce market, but what more can be done?
VIETNAM is the fastest-growing digital economy in the region, in large part due to investment inflow which is still on an unprecedented rise. Over the last four years, approximately US$1 billion in funding has poured into Vietnam's e-commerce sector, reaching a record high in 2019.