Tuesday, Oct 13, 2020

TOP STORIES

VIRUS OUTBREAK: REIGNITING AIR TRAVEL

Some insurers reviewing products to facilitate stepped border reopenings

MOST travel insurance products currently do not cover Covid-19 related claims - but...

PUBLISHED Oct 13, 2020 05:50 AM
COMPANY MEETINGS

Virtual, hybrid shareholder meetings could be here to stay: SGX, MAS

THE Monetary Authority of Singapore (MAS) and the Singapore Exchange Regulation (SGX...

PUBLISHED Oct 13, 2020 05:50 AM
RETAIL RESTRUCTURING

New business models can help raise revenue, ease fixed costs concerns

BEYOND focusing on ways to reduce the high fixed costs related to the retail sector,...

PUBLISHED Oct 13, 2020 05:50 AM

3,600 opportunities available in retail sector; 70% are for jobs

MORE than 650 companies in the retail sector have offered close to 3,600 opportunities...

PUBLISHED Oct 13, 2020 05:50 AM
ASEAN BUSINESS

Resurgence of Covid-19 in Malaysia likely to weaken economic recovery

SABAH native Ethel Sian and her husband travelled from Kuala Lumpur to Kota Kinabalu...

PUBLISHED Oct 13, 2020 05:50 AM
GARAGE

Asian edtech startups seize Covid-19 growth window

EDUCATION technology, or edtech, is having its moment in the spotlight. As the...

PUBLISHED Oct 13, 2020 05:50 AM

US edtech fund Owl Ventures takes a shine to S-E Asia

US-BASED Owl Ventures is seeing growing appetite from South-east Asian investors for...

PUBLISHED Oct 13, 2020 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

If SIA needs more cash, it should tap travellers instead of investors

FORGET the three-hour lunches aboard an A380 aeroplane, and the 30-minute flight...

PUBLISHED Oct 13, 2020 05:50 AM

Stocks exposed to digital economy top performers in Q3: iFast

DIGITAL economy was the top-performing equity exposure across Fundsupermart's...

PUBLISHED Oct 13, 2020 05:50 AM

JD Digits hopes to ride on Ant's IPO excitement

THE fintech affiliate of Alibaba's e-commerce rival JD.com hopes to ride a wave of...

PUBLISHED Oct 13, 2020 05:50 AM

Changing hands

Tracking fund flows in the Singapore stock market

PUBLISHED Oct 13, 2020 05:50 AM

Corporate digest

THE insolvent water treatment firm has received a formal expression of interest from...

PUBLISHED Oct 13, 2020 05:50 AM

Top Glove mulls HK listing; Maybank Kim Eng expects firm's ESG risks to ease

MALAYSIAN glove maker Top Glove is evaluating a dual primary listing in Hong Kong, it...

PUBLISHED Oct 13, 2020 05:50 AM

Listings of pandemic beneficiaries to prolong Hong Kong's IPO boom

HONG Kong's boom in initial public offerings (IPOs) is set to be prolonged as...

PUBLISHED Oct 13, 2020 05:50 AM

Shares of fruit distributor SunMoon slump amid parent's bankruptcy woes

SUNMOON Food Company's shares tumbled on Monday after the mainboard-listed fruit and...

PUBLISHED Oct 13, 2020 05:50 AM

Governments may onshore part of biopharma supply chain, but it won't be easy: Panel

THE Covid-19 pandemic has exposed vulnerabilities in the global biopharmaceutical...

PUBLISHED Oct 13, 2020 05:50 AM
STOCKS

STI kicks off week with 19-point gain ahead of Phase 3 'roadmap'

SINGAPORE stocks kicked off the week on a positive start, with the benchmark Straits...

PUBLISHED Oct 13, 2020 05:50 AM
CURRENCIES

Yuan drops on bank policy change; US dollar steady

CHINA'S yuan fell on Monday after the People's Bank of China (PBOC) changed its...

PUBLISHED Oct 13, 2020 05:50 AM

REAL ESTATE

Analysts see 'balanced fundamentals' in Singapore's private property market

PRIVATE home prices in Singapore have increased just slightly over the last two years...

PUBLISHED Oct 13, 2020 05:50 AM

Shortage of homes in Berlin despite rent freeze

IT'S been nearly eight months since Berlin introduced a five-year rent freeze and...

PUBLISHED Oct 13, 2020 05:50 AM

Warehouse landlords biggest gainers of rising e-commerce in Asean: DBS

WAREHOUSE landlords are expected to be the biggest gainers as growing Sino-US tensions...

PUBLISHED Oct 13, 2020 05:50 AM

BuildTech Asia Digital Series to take place virtually on Oct 14-15

THE inaugural BuildTech Asia Digital Series will take place virtually on Oct 14-15 to...

PUBLISHED Oct 13, 2020 05:50 AM
COMMENTARY

New York's commercial rents are far too high

WHAT'S getting in the way of a recovery for New York City's small businesses?...

PUBLISHED Oct 13, 2020 05:50 AM

BANKING & FINANCE

Big new ETF players may renew price wars

WALL Street players that are offering exchange-traded funds (ETFs) for the first time...

PUBLISHED Oct 13, 2020 05:50 AM

Year's biggest bank merger sealed as Saudi rivals reach US$15b deal

NATIONAL Commercial Bank, Saudi Arabia's largest lender by assets, agreed to buy rival...

PUBLISHED Oct 13, 2020 05:50 AM

BOE asks banks about readiness for negative rates

THE Bank of England (BOE) asked banks on Monday for information about their readiness...

PUBLISHED Oct 13, 2020 05:50 AM

CONSUMER

China to test whole city of 9m; Europe rolls out new virus curbs

ALL nine million people in a major Chinese port city will be tested for Covid-19...

PUBLISHED Oct 13, 2020 05:50 AM

TRANSPORT

World's largest LNG-powered container ship arrives in Singapore on maiden call

SINGAPORE on Monday welcomed the maiden arrival of the world's largest containership...

PUBLISHED Oct 13, 2020 05:50 AM

GOVERNMENT & ECONOMY

Relief period extended for parties unable to fulfil contracts due to Covid-19

THE relief periods under Part 2 of Singapore's Covid-19 (Temporary Measures) Act will...

PUBLISHED Oct 13, 2020 05:50 AM

UK PM Johnson imposes further Covid-19 curbs on parts of England

BRITISH Prime Minister Boris Johnson on Monday imposed a tiered system of further...

PUBLISHED Oct 13, 2020 05:50 AM

Second week of jobs law protests in Indonesia

HUNDREDS of workers riding motorbikes and waving flags held a rally in Jakarta on...

PUBLISHED Oct 13, 2020 05:50 AM

LIFE & CULTURE

Age is just a number for Nadal, Federer and Djokovic

RAFAEL Nadal's 13th French Open on Sunday night was hailed as "one of sport's greatest...

PUBLISHED Oct 13, 2020 05:50 AM

The War With Grandpa unseats Tenet from US box office perch

THE War With Grandpa, a Robert De Niro comedy about the battle between a wily...

PUBLISHED Oct 13, 2020 05:50 AM

Broadway will remain closed at least through May

BROADWAY is going to remain closed at least through May 30, which is 444 days after...

PUBLISHED Oct 13, 2020 05:50 AM

SME

Unlocking the power of outsourcing

BUSINESS process outsourcing (BPO) has become a powerful tool for any successful...

PUBLISHED Oct 13, 2020 05:50 AM

OPINION

A strong corporate culture is a valuable asset

THE Monetary Authority of Singapore (MAS) last month issued its Guidelines on...

PUBLISHED Oct 13, 2020 05:50 AM
THE BOTTOM LINE

Singapore's wired people+tech leadership = edge in recovery

THE pandemic has exerted pressure on every industry across every geography to get...

PUBLISHED Oct 13, 2020 05:50 AM
EDITORIAL

Near virus-free environment vital if 'air travel bubble' is to work

IT came as no surprise, but Transport Minister Ong Ye Kung's remarks in Parliament...

PUBLISHED Oct 13, 2020 05:50 AM

UK and EU forging passage to India

MUCH attention was lavished last week on the 'quad' meeting of the United States,...

PUBLISHED Oct 13, 2020 05:50 AM

Purpose is the compass for resilience

A CRISIS has the potential to bring out the best in people. Having gone through...

PUBLISHED Oct 13, 2020 05:50 AM

When doing the right thing is commercially smart as well...

THIS year has been as turbulent as any I can remember. With so many new challenges day...

PUBLISHED Oct 13, 2020 05:50 AM

Why markets won't be impressed by 'so-called' US October surprises

EVEN the steeliest political observers find themselves surprised that they are still...

PUBLISHED Oct 13, 2020 05:50 AM

BREAKING NEWS

Oct 21, 2020 10:02 AM

JC Penney rushes to finalise sale to lender, landlord group

[NEW YORK] JC Penney has formalised a planned sale to its bankruptcy lenders and biggest landlords, but must first...

Oct 21, 2020 09:53 AM

Singapore stocks rise at open, tracking modest gains on Wall Street; STI up 0.3%

SINGAPORE shares opened slightly higher on Wednesday after US markets saw modest gains amid renewed hopes for a...

Oct 21, 2020 09:53 AM

CDLHT sells Brisbane hotel at slight premium, exiting market as challenges loom

CDL Hospitality Trusts (CDLHT) is selling its 4.5-star hotel Novotel Brisbane in Australia for S$67.9 million (S$66....

Oct 21, 2020 09:47 AM

US seeks to sway Brazil on Chinese 5G with US$1b deal

[BRASÍLIA] The United States promised Brazil US$1 billion in financing toward US imports on Tuesday, adding a carrot...

Oct 21, 2020 09:43 AM

Hong Kong: Stocks rise at open

[HONG KONG] Hong Kong stocks kicked off Wednesday on a positive note, tracking a rally on Wall Street and fuelled by...

Oct 21, 2020 09:27 AM

Australia: Shares gain on renewed US stimulus hopes

[BENGALURU] Australian shares rose on Wednesday with banking and mining stocks leading the charge, as hopes that US...