DBS says second employee infected with Covid-19, works at satellite office
ANOTHER staff of DBS has tested positive for the novel coronavirus (Covid-19), the bank said in resp...
PUBLISHED Feb 18, 10:29 AM
Budget 2020: Basic Retirement Sum set at S$93,000 for those turning 55 next year
THE Basic Retirement Sum (BRS) will continue to increase by the same 3 per cent per year for the nex...
PUBLISHED Feb 18, 04:53 PM
Budget 2020: Singaporeans above 21 to get one-off cash payout of up to S$300
All Singaporeans above 21 will receive a one-off cash payout of up to S$300 as part of the governmen...
PUBLISHED Feb 18, 04:49 PM
Budget 2020: S$500 top-up for SkillsFuture Credit, expires by 2025
All Singaporeans aged 25 and above will get a one-off SkillsFuture Credit top-up of S$500 from Octob...
PUBLISHED Feb 18, 03:46 PM
What made Genting Singapore forgo its Osaka IR bid at the eleventh hour?
IT's onwards and upwards for gaming giant Genting Singapore - or at least that's what the market has...
PUBLISHED Feb 18, 05:50 AM
Budget 2020: Government to match retirement savings top-ups by up to S$3,000 over 5 years
The government is introducing a five-year programme to match cash top-ups made by older, lower- to m...
PUBLISHED Feb 18, 05:11 PM
Budget 2020: Billions in short-term support, while keeping long-term focus for Singapore
EVEN as Budget 2020 sets aside SS$5.6 billion to help firms, workers and households amid the Covid-1...
PUBLISHED Feb 18, 05:17 PM
Budget 2020: Corporates to enjoy 25% income tax rebate, enhanced tax treatments
The government will grant a corporate income tax rebate at a rate of 25 per cent of tax payable with...
PUBLISHED Feb 18, 03:22 PM
Budget 2020: S$6b package to cushion impact of upcoming GST increase
WHEN the government raises the goods and services tax (GST), it will provide a S$6 billion package t...
PUBLISHED Feb 18, 03:19 PM
Coronavirus: 4 new cases including 3 linked to Grace Assembly of God church
[SINGAPORE] Another four people have been diagnosed with coronavirus infection, bringing the total t...
PUBLISHED Feb 18, 08:08 PM
Budget 2020: Government to pump S$6.4b into virus support measures
SINGAPORE will set aside a total of S$6.4 billion for measures in view of the novel coronavirus (Cov...
PUBLISHED Feb 18, 03:06 PM
Budget 2020: More help for 5 sectors directly hit by Covid-19
FIVE sectors – tourism, aviation, retail, food services, and point-to-point transport services – in...
PUBLISHED Feb 18, 03:23 PM
SIA makes changes to top posts; seen as grooming next-gen leaders
IN A move aimed at succession planning, Singapore Airlines (SIA) announced a management shuffle on M...
PUBLISHED Feb 18, 05:50 AM
Budget 2020: Govt aims to phase out all vehicles with internal combustion engines by 2040
BY 2040, the government hopes to phase out all vehicles with internal combustion engines and replace...
PUBLISHED Feb 18, 05:33 PM
Singapore builders seek force majeure advice as coronavirus causes labour crunch
[SINGAPORE] Singapore construction firms are asking for advice about whether they have the opt...
PUBLISHED Feb 18, 01:58 PM
Budget 2020: No GST hike in 2021, but increase will take place by 2025
THE Singapore government will not be raising the Goods and Services Tax (GST) in 2021, but will defe...
PUBLISHED Feb 18, 03:16 PM
Budget 2020: S$2.4b to help firms defray wage costs
THE government will help companies defray their wage costs through two schemes under a S$4 bill...
PUBLISHED Feb 18, 03:08 PM
Budget 2020: Senior employment credit, CPF offset among new measures for those hiring older workers
SINGAPORE will introduce a Senior Worker Support Package comprising four measures, to support enterp...
PUBLISHED Feb 18, 04:15 PM
Sing Holdings posts 305% jump in 2019 earnings of S$45.4m
MAINBOARD-LISTED property development and investment group Sing Holdings made a net profit of S$45.4...
PUBLISHED Feb 18, 08:42 PM
Budget 2020: New SkillsFuture Mid-Career Support Package for workers in 40s and 50s
THE government is introducing a SkillsFuture Mid-Career Support Package for locals in their 40s and...
PUBLISHED Feb 18, 04:04 PM
Stocks to watch: SIA, Genting, Singtel, StarHub, Bumitama Agri, Boustead Projects
THE following companies saw new developments that may affect trading of their securities on Tuesday:
PUBLISHED Feb 18, 09:11 AM
Budget 2020: Expected overall budget deficit of S$10.9b; no draw on past reserves for FY2020
THE Singapore government will not be drawing on past reserves as it has sufficient accumulated fisca...
PUBLISHED Feb 18, 06:05 PM
Pan-United Q4 net profit soars 167%, raises dividend
PAN-UNITED, Singapore's biggest producer of ready-mix concrete, on Tuesday posted a fourth-quarter n...
PUBLISHED Feb 18, 09:11 PM
Budget 2020: Deep-tech startups to get more support under Startup SG Equity
TO catalyse investment into deep-tech startups, the Singapore government will set aside an additiona...
PUBLISHED Feb 18, 03:37 PM
Budget 2020: Enterprise Grow Package to help companies digitalise and enter new markets
A new Enterprise Grow Package will support companies looking to grow and enter new markets, Deputy P...
PUBLISHED Feb 18, 03:39 PM
Genting Singapore ditches bid for Osaka casino
GAMING giant Genting Singapore has unexpectedly backed out from bidding for an integrated resort (IR...
PUBLISHED Feb 18, 05:50 AM
Budget 2020: S Pass sub-DRC tightened for construction, marine shipyard and process sectors
The S Pass sub-Dependency Ratio Ceiling (DRC) of the construction, marine shipyard and process secto...
PUBLISHED Feb 18, 05:52 PM
Budget 2020: New SkillsFuture Enterprise Credit to defray 90% of training, job redesign costs
TO encourage Singapore employers to embark on the transformation of their workforce and enterprise,...
PUBLISHED Feb 18, 03:58 PM
Daily Debrief: What Happened Today
Stories you might have missed
PUBLISHED Feb 18, 06:30 PM
Focus on Budget but S'pore shares extend fall as Covid-19 fears linger
THE focus of the day was on the delivery of the Singapore Budget 2020 but support measures aimed at...
PUBLISHED Feb 18, 06:27 PM
Is coffee good for you?
[NEW YORK] We've come a long way from the cans of Folgers that filled our grandparents' cupboards, w...
PUBLISHED Feb 18, 12:10 PM
QAF expects jump in Q4 earnings on better primary business performance
BREAD manufacturer QAF said on Tuesday that it expects to report a significant improvement in both p...
PUBLISHED Feb 18, 06:42 PM
Budget 2020: Lump-sum tax built into road tax for electric vehicles to replace fuel excise duties
A lump-sum tax will be built into the road tax schedule for electric vehicles (EV) to partly account...
PUBLISHED Feb 18, 05:32 PM
Hotel Properties, Ong Beng Seng to acquire hotel in Italian Dolomites
HOTEL Properties Limited (HPL) plans to add another Italian hotel to its portfolio, this time from I...
PUBLISHED Feb 18, 07:15 PM
Secura FY19 net profit slumps 80%, warns of loss of major contracts
SECURITY firm Secura on Tuesday said it made a net profit of S$366,000 last year, down 80 per cent f...
PUBLISHED Feb 18, 08:09 PM
Budget 2020: Training, mentorship for 900 SME leaders over next 3 years
UNDER a new programme, business leaders of Singapore’s promising small and medium-sized enterprises...
PUBLISHED Feb 18, 03:42 PM
Singapore Airlines to reduce flights across network due to virus impact
[SYDNEY] Singapore Airlines Ltd said on Tuesday it will temporarily cut flights across its global ne...
PUBLISHED Feb 18, 12:04 PM
SIA unveils changes to senior management in succession-planning moves
SINGAPORE Airlines (SIA) is making several senior management appointments in a move seen as grooming...
PUBLISHED Feb 17, 06:09 PM
EHT posts Q4 DPS of 1.179 US cents, 24.4% below IPO forecast
EAGLE Hospitality Trust (EHT) posted a distribution per stapled security (DPS) of 1.179 US cents for...
PUBLISHED Feb 18, 09:01 AM
Machine lubricants leave bad taste for palm oil producers, buyers
[KUALA LUMPUR] The palm oil industry, long-accused of large scale deforestation, is bracing for anot...
PUBLISHED Feb 18, 09:45 PM
6 things to look out for in today’s Budget
Finance Minister Heng Swee Keat’s Budget speech this afternoon is expected to contain specific suppo...
PUBLISHED Feb 18, 05:50 AM
Budget 2020: Enterprise Singapore launches 2 programmes to support trade and merchant associations
THE Singapore government is launching two programmes to raise the capabilities of trade associations...
PUBLISHED Feb 18, 03:34 PM
Budget 2020: S$31m in annual spend allotted to support employers of PwDs
MORE help is at hand to support employers of persons with disabilities (PwD) through a new Enabling...
PUBLISHED Feb 18, 05:19 PM
Joo Chiat conservation shophouse put on market with S$4.5m guide price
A CONSERVATION shophouse at 452 Joo Chiat Road is up for sale in the market with an indicative...
PUBLISHED Feb 18, 01:42 PM
Boustead Projects halts construction works after Seletar virus case
MAINBOARD-LISTED Boustead Projects on Tuesday morning said it had immediately stopped construction a...
PUBLISHED Feb 18, 10:59 AM
Budget 2020: Government to set up new trust for social service sector
THIS year, the Ministry of Social and Family Development (MSF) and the National Council of Social Se...
PUBLISHED Feb 18, 05:00 PM
Cecil Street's IOB Building up for sale at S$217.7m guide price
IOB Building, a six-storey office block with two levels of basement car park at 64 Cecil Street, has...
PUBLISHED Feb 18, 01:22 PM
Budget 2020: Singapore should preserve fiscal buffers to bounce back 'if tide turns against us'
SINGAPORE needs to maintain its fiscal posture and leave enough to deal with unexpected shocks and l...
PUBLISHED Feb 18, 05:50 PM
Budget 2020: Boost in bursaries, other financial assistance for students
STUDENTS from lower-income families will receive further financial help form the government, Deputy...
PUBLISHED Feb 18, 04:32 PM
StanChart opens international banking, priority private centre in Singapore
STANDARD Chartered Bank (StanChart) has opened its flagship centre for international banking and pri...
PUBLISHED Feb 17, 04:19 PM
Hong Kong population falls from mid-year amid protests
[HONG KONG] The Hong Kong population at end-2019 declined from the mid-year count for the first time...
PUBLISHED Feb 18, 10:15 PM
Singapore cuts 2020 growth forecast amid virus outbreak
SINGAPORE'S official growth forecast for 2020 has been downgraded, with authorities bracing for the...
PUBLISHED Feb 18, 05:50 AM
S&P sees Singtel associate Advanced Info Service losing rating headroom with spectrum win
ADVANCED Info Service's (AIS) rating would face negative pressure if the Singtel Thai associate's op...
PUBLISHED Feb 18, 04:10 PM
Franklin Resources to buy Legg Mason for US$4.5b
[NEW YORK] Franklin Resources agreed to acquire asset manager Legg Mason for almost US$4.5 billion i...
PUBLISHED Feb 18, 09:15 PM
Cruise passengers scatter, take Cambodia bus tours despite virus fears
[PHNOM PENH] A scramble intensified on Monday to trace passengers from a US cruise liner allowed to...
PUBLISHED Feb 18, 06:20 AM
Local SME to mass-produce Sars-CoV-2 diagnostic test kits
LOCAL medtech firm MiRXES will take charge of mass-producing locally-developed diagnostic test kits...
Budget 2020: Initial S$5b injection for new fund to guard against rising sea levels
THE Singapore government will set up a Coastal and Flood Protection Fund with an initial injection o...
PUBLISHED Feb 18, 05:50 PM
Budget 2020 offers chance to build enduring home base
CRISIS and uncertain times test the true mettle of governments and the people. Singapore has proved...
PUBLISHED Feb 18, 05:50 AM
Broker's take: RHB downgrades Valuetronics to 'neutral' on production delay due to Covid-19 outbreak
FACTORING in the effect the Covid-19 outbreak has on production at Valuetronics Holdings' Chinese fa...
PUBLISHED Feb 18, 11:45 AM
Budget 2020: Government sets aside S$1b over 3 years for cyber and data security
The government is setting aside S$1 billion over the next three years to build up its cyber and data...
PUBLISHED Feb 18, 05:46 PM
Budget 2020: CAAS to roll out regulatory fee rebate to Singapore carriers
THE Civil Aviation Authority of Singapore (CAAS) will provide a 50 per cent rebate on its regul...
PUBLISHED Feb 18, 04:30 PM
Budget 2020: Self-help groups to get S$10m grant to support needy families amid virus outbreak
THE Singapore government will provide a S$10 million grant to self-help groups over two years, Deput...
PUBLISHED Feb 18, 04:39 PM
Coronavirus could be knockout blow for Hong Kong's once-thriving tourism, retail sectors
[HONG KONG] Tom Bennell's olive oil distribution business took a heavy beating during months of pro-...
PUBLISHED Feb 18, 08:16 AM
5G call for proposal closes with 3 bids received: IMDA
THE bidding for 5G network licences closed on Monday with three submissions received, the Infocomm M...
PUBLISHED Feb 17, 06:54 PM
China Sunsine issues Q4 profit guidance on lower selling prices
SPECIALTY rubber chemicals producer China Sunsine Chemical Holdings said on Tuesday that it expects ...
PUBLISHED Feb 18, 06:07 PM
Analysts cut earnings forecasts for ComfortDelGro
WITH headwinds expected for FY2020 due to the effect of the Covid-19 outbreak and taxi earnings like...
PUBLISHED Feb 18, 05:50 AM
New Qualcomm chips aim to connect phones to disparate 5G networks
[SAN DIEGO] Qualcomm on Tuesday introduced new chips designed to connect mobile phones to 5G network...
PUBLISHED Feb 18, 08:51 PM
France confirms first case of ruinous tomato virus
[PARIS] Tomato plants in France's far-west Finistere region have been contaminated with a destructiv...
PUBLISHED Feb 18, 07:06 AM
HSBC 2019 pre-tax profits drop by a third to US$13.3b
[HONG KONG] HSBC said on Tuesday its 2019 pre-tax profits fell by a third on year to US$13.3 billion...
PUBLISHED Feb 18, 01:01 PM
Hong Kong protests hurt Holiday Inn-owner IHG, sees pain from virus outbreak
[BENGALURU] Holiday Inn-owner InterContinental Hotels Group reported on Tuesday a slight dip in annu...
PUBLISHED Feb 18, 04:42 PM
Gojek buys US$30m stake in Indonesia taxi operator Blue Bird: sources
[JAKARTA] Indonesia's on-demand services app Gojek purchased a minority stake in top local taxi oper...
PUBLISHED Feb 18, 10:14 AM
Interra Resources JV completes development well in Myanmar
PETROLEUM exploration and production firm Interra Resources said on Tuesday that its joint-venture e...
PUBLISHED Feb 18, 07:03 PM
Creditors fear illiquid equity in new honestbee entity
BEING stuck with potentially illiquid stock was a key concern raised at honestbee's creditor townhal...
PUBLISHED Feb 18, 05:50 AM
Some Chinese property developers turning to short-term debt as virus hits cashflow
[HONG KONG] Some Chinese property developers are turning to short-term debt for funds as home sales...
PUBLISHED Feb 18, 04:17 PM
'Sustained negative impact' from Covid-19 could hurt Japan hotel business: IPC
PROPERTY investment firm IPC Corp said on Tuesday that the Covid-19 outbreak has negatively impacted...
PUBLISHED Feb 18, 06:55 PM
Virus turns Thai firm into world’s top asset manager stock
[BANGKOK] Thailand's biggest manager of distressed assets has become the world's top performer among...
PUBLISHED Feb 17, 05:05 PM
China's aviation market shrinks to smaller than Portugal's
[SINGAPORE] China's aviation market, projected to overtake the US this decade and become the world's...
PUBLISHED Feb 18, 12:30 PM
AEI Corp expects FY19 loss on impairment, poor business
AEI Corp, which has been placed on the SGX Watchlist, said on Tuesday that it expects to report a lo...
PUBLISHED Feb 18, 07:25 PM
Banyan Tree to debut overwater bungalows at its first Bahamas resort
BANYAN Tree Hotels...
PUBLISHED Feb 17, 04:36 PM
Virus' impact on new home sales expected to be short-term; demand could pick up in H2
AFTER the year-end holiday season, developers posted their best January private home sales figure in...
PUBLISHED Feb 18, 05:50 AM
Wildfires are just beginning of Australian dollar's climate woes
[LONDON] The Australian dollar could find long term relief from cyclical downturns if the country's...
PUBLISHED Feb 18, 06:48 PM
A giant milk industry merger moves closer with a US$425m deal
[CHICAGO] It's a hard time to be a dairy farmer in America: The nationwide decline in milk consumpti...
PUBLISHED Feb 18, 12:06 PM
Singapore shares fall at Tuesday's open, STI down 0.3%
SINGAPORE stocks opened lower on Tuesday following muted activity in the region as US financial mark...
PUBLISHED Feb 18, 09:39 AM
Bumitama Agri's Q4 profit up 26% on higher palm oil prices
AN improvement in palm oil prices towards the end of last year gave a boost to Bumitama Agri's fourt...
PUBLISHED Feb 18, 09:10 AM
Queen Elizabeth II's nephew in latest royal marriage split
[LONDON] Queen Elizabeth II's nephew David Armstrong-Jones is set to divorce, a spokesman said Monda...
PUBLISHED Feb 18, 07:05 AM
Construction, infocomm to drive 2020 growth amid Covid-19 virus impact
WITH the once-expected manufacturing recovery in 2020 now jeopardised by the Covid-19 outbreak, Sing...
PUBLISHED Feb 18, 05:50 AM
Hong Kong virtual bank with 6.8% deposits cools price war talk
[HONG KONG] The first of Hong Kong's new generation of virtual banks has no plans to start a broader...
PUBLISHED Feb 18, 10:00 AM
'Ghost ship' washes ashore in Ireland after Storm Dennis
[BALLYCOTTON, Ireland] A "ghost ship" drifting without a crew for more than a year washed ashore on...
PUBLISHED Feb 18, 08:09 AM
Virus outbreak derails Singapore exporters' hopes of recovery
SINGAPORE'S manufacturers and exporters had seemed poised for recovery as global trade sentiments im...
PUBLISHED Feb 18, 05:50 AM
Apple jars investors into coronavirus realities
[HONG KONG] Apple could finally make investors as concerned as the wider population about the latest...
PUBLISHED Feb 18, 11:32 AM
China Evergrande gives 25% discount off its properties
CHINA Evergrande Group, the third-largest developer by sales in the country, said on Sunday that it...
PUBLISHED Feb 18, 05:50 AM
China's coronavirus death toll passes 1,800: government
[BEIJING] The death toll from China's new coronavirus epidemic jumped past 1,800 on Tuesday after 93...
PUBLISHED Feb 18, 08:12 AM
Virus travel ban keeps thousands of maids from Hong Kong jobs
[HONG KONG] Mimi Ysulat flew home to the Philippines for her mother's funeral at the end of January....
PUBLISHED Feb 18, 11:07 AM
Furious shareholders blast Nissan bosses
[TOKYO] Shareholders livid about the performance of struggling Japanese car giant Nissan on Tuesday...
PUBLISHED Feb 18, 12:26 PM
Australian, New Zealand dollars swoon as economic costs of epidemic mount
[SYDNEY] The Australian and New Zealand dollars were jolted lower on Tuesday as a production warning...
PUBLISHED Feb 18, 11:00 AM
Singapore stocks: STI resumes Tuesday afternoon down 0.6% on day
SINGAPORE equities resumed trading on Tuesday afternoon in negative territory ahead of the Budget re...
PUBLISHED Feb 18, 01:29 PM
Virus outbreak in China threatens global antibiotics supply: European business group
[BEIJING] The world could face a shortage of antibiotics if the pharmaceutical industry's supply pro...
PUBLISHED Feb 18, 11:21 AM
British metals tycoon Gupta buys bankrupt steel plant in India
[LONDON] British-based tycoon Sanjeev Gupta's GFG Alliance has bought a bankrupt steel plant in Indi...
PUBLISHED Feb 18, 04:19 PM
Thai army to transfer control of land after mass shooting
[BANGKOK] Thailand's army agreed on Monday to transfer management control of 160,000 hectares of com...
PUBLISHED Feb 17, 09:51 PM
OCBC sends food and drinks to show appreciation to healthcare workers
TWENTY thousand bottles of bird's nest drinks, 14,000 cups of bubble tea, over 45,000 packets of dri...
PUBLISHED Feb 18, 05:50 AM
Hong Kong: Stocks close lower
[HONG KONG] Hong Kong stocks closed sharply lower on Tuesday as the deadly new coronavirus took a to...
PUBLISHED Feb 18, 04:41 PM
China to waive tariffs on US medical imports amid virus outbreak
[BEIJING] China will waive trade-war tariffs on imports of selected US medical equipment from March...
PUBLISHED Feb 18, 02:27 PM
Gyms in China livestream routines as coronavirus keeps patrons away
[SHANGHAI] "Stand in front of a chair. Chest up, core tight and square your pelvis," said Heidi Liu,...
PUBLISHED Feb 18, 04:26 PM
China asks recovered patients to donate plasma for virus treatment
[BEIJING] Chinese health officials on Monday urged patients who have recovered from the coronavirus...
PUBLISHED Feb 18, 06:38 AM
US considering new wave of China tech restrictions
[WASHINGTON] The Trump administration is considering new restrictions on exports of cutting-edge tec...
PUBLISHED Feb 18, 11:05 AM
India's poultry sales decline after coronavirus rumours linked to chickens
[MUMBAI] India's poultry industry has lost 13 billion rupees (S$252.9 million) in three weeks after...
PUBLISHED Feb 18, 11:51 AM
STI dips ahead of Singapore Budget reading
AHEAD of Tuesday's Singapore Budget reading, investor attention in the city-state remained on keepin...
PUBLISHED Feb 18, 05:50 AM
Japan to start trials using HIV treatment for coronavirus: Suga
[TOKYO] Japan is aiming to start trials soon using an HIV treatment for the coronavirus, Chief Cabin...
PUBLISHED Feb 18, 09:53 AM
Asia: Markets fall as coronavirus hits earnings, growth
[HONG KONG] Asian markets tumbled on Tuesday after Apple warned the new coronavirus had hit output a...
PUBLISHED Feb 18, 11:54 AM
BHP warns coronavirus could impact demand
[SYDNEY] BHP, the world's biggest miner, warned Tuesday that demand for resources could be hit by th...
PUBLISHED Feb 18, 08:39 AM
Covid-19: Under new notice, China returnees cannot leave home for 14 days
A NEW "Stay-Home Notice" will be introduced for Singapore residents and long-term pass holders retur...
PUBLISHED Feb 18, 05:50 AM
Apple says will not meet revenue forecasts due to virus
[SAN FRANCISCO] US tech giant Apple said on Monday that disruption due to the novel coronavirus had...
PUBLISHED Feb 18, 06:11 AM
Next recession may see merger of fiscal and monetary policy
MACRO policymakers are in a mood to leave well alone. The advanced economies seem likely to grow at...
PUBLISHED Feb 18, 05:50 AM
Cybersecurity should be a priority when building Smart Cities
CIVIC leaders around the world are looking to automate the infrastructures that make their cities ru...
PUBLISHED Feb 18, 05:50 AM
Hong Kong increases funds to tackle coronavirus outbreak to HK$28b
[HONG KONG] Hong Kong leader Carrie Lam said on Tuesday the government would increase handouts to ta...
PUBLISHED Feb 18, 10:27 AM
1-year-old boy evacuated from Wuhan on Feb 9 among 2 new coronavirus cases in S’pore
[SINGAPORE] Two more cases of coronavirus infections have been confirmed in Singapore, bringing the...
Singapore shares dip 0.2% ahead of Budget 2020
AHEAD of Tuesday's Singapore Budget reading, investor attention in the city-state remained on keepin...
PUBLISHED Feb 17, 06:26 PM
PBOC cuts interest rate for one year loans to support banks
[BEIJING] China's central bank provided medium-term funding to commercial lenders and cut the intere...
PUBLISHED Feb 17, 04:21 PM
China regulator says coronavirus impact on industries to show in Feb
[BEIJING] The impact of the coronavirus outbreak on China's various industries will mainly show up i...
PUBLISHED Feb 18, 11:11 AM
Trendlines, Agriline to invest US$6.1m in portfolio companies
AGRILINE, the investment vehicle owned by a trust of which Trendlines' controlling shareholder Vince...
PUBLISHED Feb 17, 10:29 PM
Czech tycoon sees Warsaw real estate as next big thing
CZECH tycoon Radovan Vitek is making a big bet on the booming real estate market in Warsaw, which of...
PUBLISHED Feb 18, 05:50 AM
Hottest fossil fuel market catches a chill as gas prices drop
[FRANKFURT] A plunge in prices is shaking some of the more marginal players out of the liquefied nat...
PUBLISHED Feb 18, 11:38 AM
Corporate experience valuable for the job: Lim Kee's next-gen leader
HAVING corporate experience helps with the job, says Ang Khim Wee, who - with two sisters - is part...
PUBLISHED Feb 18, 05:50 AM
UK government adviser quits over race comments
[LONDON] An adviser in British Prime Minister Boris Johnson's office resigned on Monday after online...
PUBLISHED Feb 18, 06:51 AM
Coronavirus casts shadow on China's big screen ambitions
[BEIJING] On a Friday night in one of Beijing's central shopping districts, the popular Megabox cine...
PUBLISHED Feb 18, 11:46 AM
Creating good job opportunities
HEALTHCARE and education may seem to be very different industries, but some key questions apply to b...
PUBLISHED Feb 18, 05:50 AM
Trax acquires Paris-based startup Qopius
TRAX, a computer vision tech and in-store analytics firm backed by GIC, has bought Paris-based start...
PUBLISHED Feb 18, 12:02 AM
Americans arrive home from virus-infected cruise ship
[TRAVIS AIR FORCE BASE, United States] More than 300 Americans rescued from a cruise ship quarantine...
PUBLISHED Feb 18, 06:54 AM
Unit business cost rising for services; easing for manufacturing
SINCE 2014, unit business costs have fallen for manufacturing but risen in services, due partly to d...
PUBLISHED Feb 18, 05:50 AM
Cochlear says demand for implants may struggle to pick-up in virus-hit China
[BENGALURU] Australian hearing implant maker Cochlear Ltd said on Tuesday that demand for hearing i...
PUBLISHED Feb 18, 04:04 PM
Dutch court set to rule in US$50b Yukos appeal
[MOSCOW] A Dutch appeals court is set to hand down a landmark ruling Tuesday in a complex case invol...
PUBLISHED Feb 18, 12:09 PM
Talkmed Q4 net profit rises 19%, declares S$0.013 per share dividend
TALKMED on Monday posted a fourth-quarter net profit of S$10.9 million, up 18.9 per cent from the sa...
PUBLISHED Feb 17, 09:51 PM
Hong Kong: Stocks fall at Tuesday's open
[HONG KONG] Hong Kong stocks opened lower on Tuesday after Apple warned it would miss its quarterly...
PUBLISHED Feb 18, 09:46 AM
Local startup Whizpace's IoT solution picked for Microsoft platform
A TECHNOLOGY solution by Singapore-based startup Whizpace has been certified by Microsoft and induct...
PUBLISHED Feb 18, 05:50 AM
F&B trade show postponed on Covid-19 fears after initial plans to go ahead
AFTER initial plans to go ahead despite the novel coronavirus outbreak, the industry trade show FHA-...
PUBLISHED Feb 17, 05:05 PM
EU to unveil plans challenging US, China tech might
CHINA might have data and the US might have money, but Europe has purpose.
PUBLISHED Feb 18, 05:50 AM
Funding ASEAN’s trade engine: Technology and collaboration
We frequently hear that small and medium-sized enterprises (SMEs) are the engine of the economy. Loo...
PUBLISHED Feb 18, 12:20 PM
Asking prices for UK homes jump to near record high
THE asking prices for UK homes rose to a near record this month after Prime Minister Boris Johnson's...
PUBLISHED Feb 18, 05:50 AM
Tokyo: Nikkei down for fourth straight session on virus fears
[TOKYO] Tokyo's benchmark Nikkei index closed down for a fourth consecutive session on Tuesday with...
PUBLISHED Feb 18, 02:36 PM
Japan on brink of recession as economy contracts, virus heightens risk
JAPAN'S economy shrank at the fastest pace in almost six years in the December quarter, as a sales t...
PUBLISHED Feb 18, 05:50 AM
Dawn Mello, who revived Bergdorf Goodman and Gucci, dies at 88
[NEW YORK] Donna Karan reminisced recently about a morning in the early 1980s when she saw the first...
PUBLISHED Feb 18, 12:36 PM
Corporate digest
BANYAN Tree Hotels & Resorts will introduce the hospitality group's first property in the Bahama...
PUBLISHED Feb 18, 05:50 AM
Daily Debrief: What Happened Today
Stories you might have missed
PUBLISHED Feb 17, 06:30 PM
Bernie is leading, but it's making his party unhappy
I HAVE not sensed this level of political hysteria gripping Washington, DC, since candidate Donald T...
PUBLISHED Feb 18, 05:50 AM
No surprises behind move to end Philippines-US military pact
PHILIPPINE President Rodrigo Duterte's decision last week to end the Visiting Forces Agreement (VFA)...
PUBLISHED Feb 18, 05:50 AM
Pricier property markets in Australia most sensitive to rates, says RBA report
AUSTRALIAN monetary policy adjustments have the greatest impact on expensive property markets, a Res...
PUBLISHED Feb 18, 05:50 AM
Victoria Beckham's gentle rebellion
VICTORIA Beckham made a clarion call for a "gentle rebellion" at London Fashion Week on Sunday with...
PUBLISHED Feb 18, 05:50 AM
Oil edges up as output cut hopes offset coronavirus concern
[NEW YORK] Oil prices inched up on Monday as concerns over the economic fallout from the coronavirus...
PUBLISHED Feb 18, 06:32 AM
Canada's Trudeau stresses the need for peaceful end to pipeline protests
[TORONTO] Canadian Prime Minister Justin Trudeau on Monday called for a peaceful solution to end rai...
PUBLISHED Feb 18, 12:17 PM
PUBLISHED Feb 18, 05:50 AM
Fast-food companies in China step up 'contactless' pick-up, delivery services amid coronavirus outbreak
WITH the coronavirus outbreak in China continuing to spread, McDonald's Corp, Starbucks Corp and oth...
PUBLISHED Feb 18, 05:50 AM
Strikes, protests in Greece over latest pension reform
[ATHENS] Greeks will hold protests on Tuesday against a new pension reform, the third major overhaul...
PUBLISHED Feb 18, 06:56 AM
China Everbright Water secures upgrading project for Suzhou plant
MAINBOARD-LISTED China Everbright Water has recently secured an effluent upgrading project for the J...
PUBLISHED Feb 17, 07:27 PM
Indonesian authorities call for calm after radiation found at housing complex near Jakarta
[JAKARTA] Indonesia's nuclear authorities said on Monday they would investigate the radioactive cont...
PUBLISHED Feb 17, 10:40 PM
Australia: Techs drag shares lower as Apple outlook weighs; New Zealand at record high
[BENGALURU] Australian shares fell on Tuesday, dragged lower by heavy losses in technology stocks af...
PUBLISHED Feb 18, 09:51 AM
Prague seeks to rein in Airbnb to avoid ghost city scenario
PRAGUE, the capital of the Czech Republic, is widening its campaign to put the brakes on Airbnb and...
PUBLISHED Feb 18, 05:50 AM
Money Hacks podcast: The basics of loyalty programmes (Ep 65)
In this week's episode, we talk about loyalty programmes, what they are and how they can work for th...
PUBLISHED Feb 17, 06:00 PM
Growth of green financing as China takes the lead
THE climate crisis is front and centre on the minds of many, not least with the devastating effects...
PUBLISHED Feb 18, 05:50 AM
China's home-price growth near two-year low as virus spreads
NEW home prices in China grew at their weakest pace in nearly two years in January as the economy sl...
PUBLISHED Feb 18, 05:50 AM
Brexit negotiator says Britain will make own rules
[BRUSSELS] Britain will not accept supervision from the European Union as part of a free trade deal...
PUBLISHED Feb 18, 06:46 AM
UK mansion tax could be Conservative winner
AMID preparations for the UK's first post-Brexit budget, there have been reports that the Conservati...
PUBLISHED Feb 18, 05:50 AM
Australia's Coles posts flat half-year earnings hurt by underpayment costs
[BENGALURU] Coles Group, Australia's second-biggest grocery chain, posted near-flat half-year earnin...
PUBLISHED Feb 18, 07:02 AM
Brazil's soybean crop 'exceptional' as harvesting progresses - AgRural
[SAO PAULO] Brazilian soybean production in the 2019/2020 cycle is expected to reach a record...
PUBLISHED Feb 18, 11:27 AM
Facing uptick in virus infections, Japan moves to limit public crowds
[TOKYO] Japan said on Monday it would limit public crowds in Tokyo to prevent further spread of the...
PUBLISHED Feb 17, 03:49 PM
Tokyo: Stocks open lower on Tuesday
[TOKYO] Tokyo stocks opened lower on Tuesday as investors assessed the economic impact of the new vi...
PUBLISHED Feb 18, 08:18 AM
Hong Kong: Stocks hit near 4-week high as China steps up support
[HONG KONG] Hong Kong stocks rose to the highest level in almost four weeks on Monday as Beijing ste...
PUBLISHED Feb 17, 05:22 PM
Extreme weather to overload urban power grids, study shows
[PARIS] Extreme hot spells made increasingly likely by climate change could overload urban power gri...
PUBLISHED Feb 18, 12:18 AM
JEP unit reaches settlement with Korea-domiciled plaintiff YG-1 Co
AEROSPACE component maker JEP Holdings said on Monday that its wholly-owned unit JEP Industrades has...
PUBLISHED Feb 17, 10:05 PM
Scotch whisky facing £100m losses on US tariffs: industry body
[EDINBURGH] Scotland's whisky industry is facing a £100 million (S$180.7 million) fall in exports as...
PUBLISHED Feb 18, 12:15 AM
Europe: Stock markets slide at open
[LONDON] European stock markets slid at the start of trading on Tuesday, with London's benchmark FTS...
PUBLISHED Feb 18, 04:31 PM
Thai economy grows at weakest pace in 5 years
THAILAND'S economy grew at its weakest pace in five years in 2019 as exports and public investments...
PUBLISHED Feb 18, 05:50 AM
Europe: China measures, Italian banks lift shares to record close
[BENGALURU] European shares hit a record high close on Monday as a rally in Italian banks and fresh...
PUBLISHED Feb 18, 06:04 AM
Australia: Energy, tech stocks drag down shares on coronavirus impact
[BENGALURU] Australian shares closed lower on Tuesday, led by losses among energy and tech stocks, d...
PUBLISHED Feb 18, 03:25 PM
Bushfire crisis affected 75% of Australians: survey
[SYDNEY] Three in four Australians - almost 18 million people - were affected by the country's deadl...
PUBLISHED Feb 18, 10:15 AM
Mexico's Pemex signs contracts for new oil projects -CEO
[CIUDAD DEL CARMEN, Mexico] Mexican national oil company Pemex has begun signing contracts with oilf...
PUBLISHED Feb 18, 11:31 AM
Euro struggles near 3-year lows on economic worries
THE euro struggled near three-year lows on Monday as investors worried about weakening growth in the...
PUBLISHED Feb 18, 05:50 AM
Malaysia: Shares close flat on Tuesday
MALAYSIA share prices closed flat on Tuesday, with the FTSE Bursa Malaysia Kuala Lumpur Composite In...
PUBLISHED Feb 18, 05:52 PM
PBOC cuts interest rate for one-year loans to support banks
CHINA'S central bank provided medium-term funding to commercial lenders and cut the interest rate it...
PUBLISHED Feb 18, 05:50 AM
Amazon boss Bezos launches US$10b fund to combat climate change
[WASHINGTON] Jeff Bezos, founder and CEO of Amazon and the world's richest man, said on Monday he wa...
PUBLISHED Feb 18, 06:43 AM
US furnishings store Pier 1 files for bankruptcy
[SAN FRANCISCO] US chain store Pier 1, best known for its imported home furnishings, filed for bankr...
PUBLISHED Feb 18, 06:49 AM
US firms in China say Covid-19 outbreak has hit global operations: survey
NEARLY half of the US companies in China said their global operations are already seeing an impact f...
PUBLISHED Feb 18, 05:50 AM
Nintendo is likely to suffer global switch shortages from virus
[TOKYO] Nintendo Co is likely to struggle to supply sufficient Switch consoles to its US and Europea...
PUBLISHED Feb 17, 03:25 PM
Macau casinos to resume operations from Feb 20 after suspension over virus fear
[HONG KONG] Macau, the world's biggest gambling hub, will allow casinos to resume operations from Fe...
PUBLISHED Feb 17, 06:01 PM
Nissan CEO sees earnings, cashflow under pressure this business year
[YOKOHAMA] Nissan Motor chief executive Makoto Uchida on Tuesday said he expects weak global car sal...
PUBLISHED Feb 18, 10:44 AM
South Korea: Stocks end lower on worries over economic impact from virus
[SEOUL] South Korean stocks closed 1.5 per cent lower on Tuesday after Apple's revenue warning deepe...
PUBLISHED Feb 18, 04:06 PM
Money FM podcast: Mark Powell and his cycle of Tinder dates
Mark Powell, author of ‘16 Swipes No Breakfast’ takes us on a journey of discovery through a rinse c...
PUBLISHED Feb 18, 05:50 AM
Slump in global goods trade to deepen with coronavirus, WTO says
[LONDON] Global trade in goods will likely stay weak in coming months as disruptions from coronaviru...
PUBLISHED Feb 17, 09:07 PM
PUBLISHED Feb 17, 10:59 PM
Thai economic growth slips to 5-year low, rate cuts likely
[BANGKOK] Thailand's economy grew at its weakest pace in five years in 2019 as exports and public in...
PUBLISHED Feb 17, 09:30 PM
Facebook warns of risks to innovation, freedom of expression ahead of EU rules
[BRUSSELS] Facebook warned of threats to innovation and freedom of expression on Monday, ahead of th...
PUBLISHED Feb 17, 11:10 PM
Alstom confirms talks underway to buy Bombardier Transportation
[PARIS] French transport infrastructure company Alstom said on Monday it was in talks over a possibl...
PUBLISHED Feb 17, 03:50 PM
Malaysia urged to cut down on plastic packaging for cleaner seas
[KUALA LUMPUR] An analysis of Asia's worst ocean polluters shows Malaysians are the biggest individu...
PUBLISHED Feb 17, 03:56 PM
Neon streetwear goes sustainable for Tommy Hilfiger's London show
NEON leisure wear with high-topped trainers and glowing yellow laces opened American designer Tommy...
PUBLISHED Feb 18, 05:50 AM
Malaysia: Shares open lower on Tuesday
MALAYSIA share prices opened lower on Tuesday with the FTSE Bursa Malaysia Kuala Lumpur Composite In...
PUBLISHED Feb 18, 09:20 AM
Amazon, Flipkart seek rollback of new Indian tax on online sellers
[NEW DELHI] Amazon and Walmart's Flipkart are among online retailers demanding that India scale back...
PUBLISHED Feb 17, 03:33 PM
Indian FM defends citizenship law as he promotes EU ties
[Brussels] India's Foreign Minister Subrahmanyam Jaishankar on Monday defended his country's controv...
PUBLISHED Feb 17, 11:42 PM
PUBLISHED Feb 17, 05:04 PM
South Korea: Shares end flat as China's stimulus offsets economic damage worries
[SEOUL] South Korean shares closed flat on Monday as China's move to cut a key interest rate offset...
PUBLISHED Feb 17, 03:44 PM
Europe: Stock markets climb at open
[LONDON] European stock markets rebounded at the start of trading on Monday, with London's benchmark...
PUBLISHED Feb 17, 04:32 PM
Malaysia: Shares close lower on Monday
MALAYSIA share prices closed lower on Monday, with the FTSE Bursa Malaysia Kuala Lumpur Composite In...
PUBLISHED Feb 17, 05:42 PM
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