Tuesday, Jun 30, 2020

TOP STORIES

GE2020

Parties, policies, personalities in focus as campaigning starts amid Covid-19

AFTER a week of unveiled manifestoes and candidate introductions, Nomination Day today...

PUBLISHED Jun 30, 2020 05:50 AM
BT EXCLUSIVE

Jobs in some international schools in danger if enrolment falls along with expat numbers

INTERNATIONAL schools are bracing for a possible fall in enrolment numbers as...

PUBLISHED Jun 30, 2020 05:50 AM

Phillip Securities to buy RHB's Singapore stockbroking business

IN CONTINUED consolidation within the stockbroking industry, Phillip Securities is...

PUBLISHED Jun 30, 2020 05:50 AM
GE2020

'Trial by Internet' culture should not be encouraged: PM Lee

EXPRESSING continued confidence in the People's Action Party (PAP) candidate selection...

PUBLISHED Jun 30, 2020 05:50 AM
GE2020

Xie Yao Quan replaces Ivan Lim in PAP's Jurong GRC slate

THE People's Action Party's (PAP) general election team for the five-member Jurong...

PUBLISHED Jun 30, 2020 05:50 AM
GE2020

PSP manifesto calls for less reliance on foreign labour, stronger safety net for vulnerable groups

A REDUCTION in dependence on foreign labour, more support for localbusinesses, and a...

PUBLISHED Jun 30, 2020 05:50 AM
GE2020

Election digest

REGISTERED Singaporean voters living abroad can cast their votes at one of 10 overseas...

PUBLISHED Jun 30, 2020 05:50 AM

Accordia Golf Trust's sponsor offers to buy golf courses for S$804.1m

THE sponsor of Accordia Golf Trust (AGT) has proposed to acquire the trust's 88 golf...

PUBLISHED Jun 30, 2020 05:50 AM
BEYOND COVID-19

Builders can consider hostels for worker housing; but safe-distancing rules stay

DESPERATE to ride out the lull in backpacker tourism amid the novel coronavirus...

PUBLISHED Jun 30, 2020 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Darco shareholders right to let offer lapse; should push for more accountability

DARCO's deputy chairman Wang Zhi needed shareholders representing just a little over 5...

PUBLISHED Jun 30, 2020 05:50 AM

Forensic accounting probe launched into EHT sponsor Urban Commons

FTI Consulting, as chief restructuring officers of Eagle Hospitality Trust's (EHT)...

PUBLISHED Jun 30, 2020 05:50 AM

AEM unaffected by Apple's move to drop Intel: DBS

APPLE'S move to drop semiconductor giant Intel Corporation's chips for future Macs is...

PUBLISHED Jun 30, 2020 05:50 AM
HOT STOCK

Biolidics shares sink 22% after calling off US sales of Covid-19 test kits

BIOLIDICS shares sank 22 per cent on Monday after the Catalist-listed firm announced...

PUBLISHED Jun 30, 2020 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market

PUBLISHED Jun 30, 2020 05:50 AM

Hour Glass Group clocks best result with S$76.2m earnings for FY2020

LUXURY watch retailer The Hour Glass Group has clocked its best performance to date,...

PUBLISHED Jun 30, 2020 05:50 AM

SPH to develop, run data-centre facilities with Keppel Corp units

SINGAPORE Press Holdings (SPH), which publishes The Business Times, is setting up a...

PUBLISHED Jun 30, 2020 05:50 AM

IHH Healthcare reports Q1 loss of RM319.8m

IHH Healthcare sank into the red for the first quarter to March, weighed down by...

PUBLISHED Jun 30, 2020 05:50 AM

SGX buys remaining 80% of BidFX to bridge OTC and listed FX markets

SINGAPORE Exchange (SGX) will buy the remaining 80 per cent stake in BidFX it does not...

PUBLISHED Jun 30, 2020 05:50 AM

Dasin Retail Trust placement 1.2 times subscribed; purchase price for China malls unchanged

DASIN Retail Trust's placement was 1.2 times subscribed at an issue price of S$0.78...

PUBLISHED Jun 30, 2020 05:50 AM

Corporate digest

COMFORTDELGRO on Monday said it will roll out what it claims to be Singapore's fastest...

PUBLISHED Jun 30, 2020 05:50 AM
STOCKS

New Covid-19 infections weigh on markets, STI down 1.2%

SINGAPORE shares fell alongside most Asian equity markets on Monday following a...

PUBLISHED Jun 30, 2020 05:50 AM
CURRENCIES

Dollar extends losses with focus on US Covid-19 cases

THE dollar fell on Monday while the euro led gains by strengthening half a per cent,...

PUBLISHED Jun 30, 2020 05:50 AM

REAL ESTATE

Mount Emily property launched for collective sale by tender

A FREEHOLD residential property in Mount Emily Road has been launched for sale by...

PUBLISHED Jun 30, 2020 05:50 AM

Real estate agents return to work as New York City reopens

AS NEW York City entered Phase 2 of re-opening last week, thousands of real estate...

PUBLISHED Jun 30, 2020 05:50 AM

Silicon Valley developers bet big on return to offices

AS THE coronavirus re-shapes urban life - and prompts businesses to rethink where they...

PUBLISHED Jun 30, 2020 05:50 AM

Airbnb peeved over home-sharing ban in Amsterdam's old town

AIRBNB on Friday accused the city of Amsterdam of acting illegally after it banned...

PUBLISHED Jun 30, 2020 05:50 AM

UK homebuilder Berkeley's founder dies, aged 72

UK HOMEBUILDER Berkeley Group Holdings announced the death of its founder and chairman...

PUBLISHED Jun 30, 2020 05:50 AM

BANKING & FINANCE

DBS offers transition financing with latest framework

DBS on Monday launched a sustainable and transition finance framework and taxonomy, as...

PUBLISHED Jun 30, 2020 05:50 AM

Indonesia government nears deal with central bank on deficit funding

INDONESIA'S central bank may buy billions of dollars of sovereign bonds at zero...

PUBLISHED Jun 30, 2020 05:50 AM

UOB's Dennis Khoo leaving to 'pursue other opportunities'

DENNIS Khoo, the head of UOB's TMRW digital group - which manages UOB's mobile-only...

PUBLISHED Jun 30, 2020 05:50 AM

China firms behind 50% of global equity raised in H1 2020

FIRMS in China brought in half of equity capital raised globally this year so far,...

PUBLISHED Jun 30, 2020 05:50 AM

ENERGY & COMMODITIES

Plunging energy prices push American shale pioneer into bankruptcy

CHESAPEAKE Energy, the archetype for America's extraordinary shale-gas fortunes, filed...

PUBLISHED Jun 30, 2020 05:50 AM

Oil prices extend losses as coronavirus spike cools demand hopes

OIL prices slid for a second straight session on Monday as coronavirus cases rose in...

PUBLISHED Jun 30, 2020 05:50 AM

TECHNOLOGY

Sony sees software subscription as future for data-analysing image sensors

SONY Corp's image sensor business aims to replicate PlayStation's success to address...

PUBLISHED Jun 30, 2020 05:50 AM

CONSUMER

Companies are using pandemic to shed weight of laggard brands

FROM black tea to bottled water, European companies are taking a hard look at...

PUBLISHED Jun 30, 2020 05:50 AM

TRANSPORT

Airbus lowers output by 40% for 2 years as job cuts loom

AIRBUS plane output will be 40 per cent lower for two years compared to pre-crisis...

PUBLISHED Jun 30, 2020 05:50 AM

GOVERNMENT & ECONOMY

GE2020: PAP faces challenge in Choa Chu Kang GRC, Pioneer and Hong Kah North SMCs

WITH the exception of Pioneer SMC, it will be a straight fight between the People's...

PUBLISHED Jun 30, 2020 01:41 PM

China opens wealth tap to HK amid political crackdown

CHINA moved to further deepen its economic ties to Hong Kong, allowing two-way cross-...

PUBLISHED Jun 30, 2020 05:50 AM

CAD probe into Wirecard ongoing; MAS, Acra assisting

THE Singapore Police has been conducting a criminal probe into Wirecard's Singapore...

PUBLISHED Jun 30, 2020 05:50 AM

Covid-19 drug to cost government entities US$2,340 for 5-day course

GILEAD Sciences said it will charge the US government and other developed countries US...

PUBLISHED Jun 30, 2020 05:50 AM

LIFE & CULTURE

Opera has vanished; so have the dream jobs at the Met Orchestra

HUGO Valverde didn't think he'd make it when he auditioned for the orchestra of the...

PUBLISHED Jun 30, 2020 05:50 AM

Half of Tokyo residents oppose Olympics in 2021: poll

JUST over half of Tokyo's residents don't think the postponed 2020 Olympics should be...

PUBLISHED Jun 30, 2020 05:50 AM

One Championship MMA fights to resume next month

ASIA'S largest mixed martial arts promotion, One Championship, will return behind...

PUBLISHED Jun 30, 2020 05:50 AM

SME

A clarion call for firms to go digital

IF there is one bright spark from the chaos caused by the coronavirus pandemic, it's...

PUBLISHED Jun 30, 2020 05:50 AM

Business leaders share a glimpse of the new normal

VIRTUAL check-in and check-outs at hotels, more employees working from home and more...

PUBLISHED Jun 30, 2020 05:50 AM

Strategies for rebound

Don't plan too far ahead. Don't over invest in e-platform. Think mid term (three to...

PUBLISHED Jun 30, 2020 05:50 AM

OPINION

EDITORIAL

Social media is making itself felt, and may do so at the ballot box

SINCE at least 2011, each General Election has been dubbed a "social media election...

PUBLISHED Jun 30, 2020 05:50 AM

Is it finally 'over' for Donald Trump?

VETERAN White House correspondents have been comparing the current mood in Washington...

PUBLISHED Jun 30, 2020 05:50 AM
THE BOTTOM LINE

IMF's difficulties from epic virus challenge have only just begun

EMERGING markets and developing countries are in dire economic plight amid the Covid-...

PUBLISHED Jun 30, 2020 05:50 AM

There are reasons not to fear fiscal deficits and central bank financing

THE severe economic downturn caused by the Covid-19 pandemic has forced governments...

PUBLISHED Jun 30, 2020 05:50 AM

Will 'worst trade treaty' ride to Trump's rescue?

THE new United States-Mexico-Canada agreement (USMCA), one of the most comprehensive...

PUBLISHED Jun 30, 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...