Thursday, Jun 25, 2020

TOP STORIES

GE2020

Parties stake out the ground in a social media-focused election

A DAY after the long-awaited Writ of Election was issued, the signs that this contest...

PUBLISHED Jun 25, 2020 05:50 AM

Weaker US dollar will hurt some companies but may give cheer to market

THE US dollar is expected to weaken moderately as economies exit from lockdowns and...

PUBLISHED Jun 25, 2020 05:50 AM
GE2020

Opposition parties go big on social media

OPPOSITION parties took to social media more fervently than ever on the first day...

PUBLISHED Jun 25, 2020 05:50 AM
GE2020

PAP's first slate of new faces hail from diverse sectors

THE People's Action Party (PAP)'s first slate of four new candidates reflect the party...

PUBLISHED Jun 25, 2020 05:50 AM

New PAP candidates to fight for low-wage earners, SMEs, sustainability

SMALL and medium-sized enterprises (SMEs), sustainability, low-wage workers, and the...

PUBLISHED Jun 25, 2020 05:50 AM
GE2020

Lee Hsien Yang joins Progress Singapore Party

LEE Hsien Yang, the younger brother of Singapore Prime Minister Lee Hsien Loong, was...

PUBLISHED Jun 25, 2020 05:50 AM

Surveying the new normal in shopping and other services

YOU have seen the crowds. But you have also witnessed the security. As Phase 2 of...

PUBLISHED Jun 25, 2020 05:50 AM
GE2020

An election with plenty at stake for every political party

ELECTION fever is in the air, and all the political parties in Singapore are working...

PUBLISHED Jun 25, 2020 05:50 AM
GE2020

Guidelines for safe campaigning, political broadcasts issued

A NEW constituency political broadcast has been added to the two party political...

PUBLISHED Jun 25, 2020 05:50 AM

TPG gets green light to run localised 5G

THE coronavirus pandemic is not showing signs of slowing Singapore's 5G plans, and any...

PUBLISHED Jun 25, 2020 05:50 AM

Industry road maps see a rejig, but tech, resilience remain core

WHILE the Covid-19 pandemic prompted a "rejig" in Singapore's industry standards road...

PUBLISHED Jun 25, 2020 05:50 AM

Latest government land sales programme offers two plum sites in mature estates

THE latest government land sales (GLS) programme should bring some relief to...

PUBLISHED Jun 25, 2020 05:50 AM

Indonesia to place funds in state banks to support economy

INDONESIA'S finance minister said on Wednesday the government will shift 30 trillion...

PUBLISHED Jun 25, 2020 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Fear of missing out? Beware agents' hype on new home sales and prices

THERE has been much hype generated by some property agents about the relatively strong...

PUBLISHED Jun 25, 2020 05:50 AM

Darco fields questions from minorities on disclosure and conflicts of interest

DARCO Water Technologies, in a regulatory filing on Wednesday, addressed issues raised...

PUBLISHED Jun 25, 2020 05:50 AM

mm2 Asia targets Q3 Singapore launch for on-demand movie streaming platform

MAINBOARD-LISTED film production group mm2 Asia will be launching a new on-demand...

PUBLISHED Jun 25, 2020 05:50 AM

Temasek-backed fund leads US$26m investment in Myanmar's ISP

TEMASEK-backed Ascent Myanmar Growth Fund I (AMGF) on Wednesday announced that it will...

PUBLISHED Jun 25, 2020 05:50 AM

Suntec launches livestream shopping to lure customers back to malls

SUNTEC City on Tuesday evening launched what it says is Singapore's first-ever...

PUBLISHED Jun 25, 2020 05:50 AM

Analysts largely positive on MIT's proposed US data centres deal

MARKET watchers are largely positive on Mapletree Industrial Trust's (MIT) latest...

PUBLISHED Jun 25, 2020 05:50 AM

Corporate digest

Yoma Strategic

PUBLISHED Jun 25, 2020 05:50 AM
STOCKS

STI dips 0.24% on fears over Covid-19 second wave

THE Straits Times Index (STI) dipped 6.3 points or 0.24 per cent to 2,628.62 on...

PUBLISHED Jun 25, 2020 05:50 AM
CURRENCIES

US dollar pauses as caution returns to markets

THE US dollar paused on Wednesday after two straight days of losses, as money markets...

PUBLISHED Jun 25, 2020 05:50 AM

REAL ESTATE

UK mall landlords expect worst as £2.5b rent comes due

BRITISH shopkeepers slowly emerging from three months of forced closure have a new...

PUBLISHED Jun 25, 2020 05:50 AM

China finance firms expand in world's priciest office market

CHINESE finance companies are taking more office space in Hong Kong, joining Alibaba...

PUBLISHED Jun 25, 2020 05:50 AM

Trump-backed luxury Bali project forced to scale back

LESS than a year after Donald Trump Jr - the son of the US President - visited Jakarta...

PUBLISHED Jun 25, 2020 05:50 AM

Calm settles on US housing market, defying doomsayers for now

THE US housing market, which seemed headed off a cliff in April, now looks like it's...

PUBLISHED Jun 25, 2020 05:50 AM

BANKING & FINANCE

Wirecard's Braun dumps stock, joins rank of ex-billionaires

MARKUS Braun started last week with a US$1 billion stake in Wirecard AG, the digital...

PUBLISHED Jun 25, 2020 05:50 AM

KKR raises US$10b for biggest Asia buyout fund

KKR & Co has raised more than US$10 billion for its third Asia fund, on track to...

PUBLISHED Jun 25, 2020 05:50 AM

ENERGY & COMMODITIES

Gold soars to near 8-year high as fears of new virus wave grow

GOLD climbed to its highest level in nearly eight years on Wednesday, as safe-haven...

PUBLISHED Jun 25, 2020 05:50 AM

TECHNOLOGY

US offers Brazil funding to buy 5G gear from Huawei rivals, says diplomat

THE US government is prepared to help finance telecom companies in Brazil and other...

PUBLISHED Jun 25, 2020 05:50 AM

CONSUMER

Waste issues in focus as food delivery surges in Singapore lockdown

SINGAPOREANS' appetite for meals delivered to their doors appears to have been turbo-...

PUBLISHED Jun 25, 2020 05:50 AM

Sanofi accelerates its timeline for Covid-19 vaccine development

AFTER lagging behind its competitors in starting clinical trials, French drugmaker...

PUBLISHED Jun 25, 2020 05:50 AM

Japan retailers gain as sales data hints at post-outbreak rebound

SHARES in a range of Japanese retailers gained following a surge in sales at furniture...

PUBLISHED Jun 25, 2020 05:50 AM

Paris Ritz hotel items sell for quadruple the auction estimate

HISTORIC silver, crystal and even towels sold off at auction by the swanky Paris Ritz...

PUBLISHED Jun 25, 2020 05:50 AM

Japan's success in curbing Covid-19 cases now hampers search for cures

AS nations race to develop treatments and vaccines for Covid-19, Japan has become a...

PUBLISHED Jun 25, 2020 05:50 AM

TRANSPORT

Infected passengers on Hong Kong flights show risks of reopening

PEOPLE infected with Covid-19 were allowed to board aircraft and travel to Hong Kong...

PUBLISHED Jun 25, 2020 05:50 AM

Oil tankers carrying two months of Venezuelan output stuck at sea

TANKERS carrying nearly two months worth of Venezuelan oil output are stuck at sea as...

PUBLISHED Jun 25, 2020 05:50 AM

Indonesia's largest taxi operator sees demand rebound as Covid-19 curbs ease

PT Blue Bird, Indonesia's largest taxi operator, has seen a sharp rebound in demand...

PUBLISHED Jun 25, 2020 05:50 AM

GOVERNMENT & ECONOMY

Lab to drive innovations in building technology for post-Covid era

JOHNSON Controls on Wednesday said it is partnering the Singapore Economic Development...

PUBLISHED Jun 25, 2020 05:50 AM

Employers notify MOM of cost-saving moves affecting over 187,000 workers

IN the three months from March 12, more than 4,800 employers submitted notifications...

PUBLISHED Jun 25, 2020 05:50 AM

Australia scrambles to prevent second Covid-19 wave after first death in a month

AUSTRALIA reported its first Covid-19 death in more than a month on Wednesday, as...

PUBLISHED Jun 25, 2020 05:50 AM

Biden leads Trump 50% to 36% in latest nationwide poll

JOE BIDEN leads President Donald Trump 50 per cent to 36 per cent in a new nationwide...

PUBLISHED Jun 25, 2020 05:50 AM

LIFE & CULTURE

Travel industry's support for community flies high amid Covid-19

MUHAMMAD Fathi Fong Bin Mohd Faizal Fong assists in the day-to-day service management...

PUBLISHED Jun 25, 2020 05:50 AM

Neither big nor small, music ensembles struggle in a pandemic

WHEN concert halls began shuttering in March, classical musicians were hit hard and...

PUBLISHED Jun 25, 2020 05:50 AM

OPINION

5G to enhance enterprise digital transformation

THE year 2020 is when 5G goes mainstream. In April, South Korea passed six million 5G...

PUBLISHED Jun 25, 2020 05:50 AM
THE BOTTOM LINE

A robot for every Singaporean

AN INCREASING number of Singaporeans are discovering the wide application of software...

PUBLISHED Jun 25, 2020 05:50 AM
EDITORIAL

Beware market carnage if policy support is rolled back prematurely

AS THE second quarter - the worst quarter for the global economy since World War II -...

PUBLISHED Jun 25, 2020 05:50 AM

Cross-border ETF connectivity schemes vital to Singapore

WITH de-globalisation and strategic schisms between China, the United States and...

PUBLISHED Jun 25, 2020 05:50 AM

Combat Covid-19 with efficient allocation of resources

AFTER ravaging the developed world, Covid-19 is now devastating developing and...

PUBLISHED Jun 25, 2020 05:50 AM

Rise of contactless card payments in new normal

FROM telecommuting to dining out while adhering to social distancing measures,...

PUBLISHED Jun 25, 2020 05:50 AM

BREAKING NEWS

Jul 3, 2020 10:14 PM

Indonesia's anti-trust watchdog levies US$3m in fines on Grab and partner

[JAKARTA] Indonesia's anti-trust watchdog announced fines totalling more than US$3 million for Grab and its business...

Jul 3, 2020 10:04 PM

SDP candidates vow to be full-time MPs and personally see to running of wards

IF VOTED into Parliament, the Singapore Democratic Party (SDP) will personally see to the running of town councils...

Jul 3, 2020 09:56 PM

France's Macron picks new prime minister to reinvent presidency

[PARIS] President Emmanuel Macron named Jean Castex, a top civil servant and local mayor who orchestrated France's...

Jul 3, 2020 09:47 PM

South Korean AR mirror allows touchless cosmetics shopping

[SEOUL] An augmented reality (AR) mirror at the new Seoul flagship boutique of cosmetics powerhouse Amorepacific...

Jul 3, 2020 09:37 PM

Gilead's Covid-19 antiviral remdesivir gets conditional EU clearance

[BRUSSELS] The European Commission said on Friday it had given conditional approval for the use of antiviral...

Jul 3, 2020 09:34 PM

In Aljunied, PAP homes in on residents' welfare; WP focuses on its constructive role in Parliament

IN THE constituency political broadcasts for the Aljunied GRC on Friday night, the challengers spoke mostly of the...