Thursday, Nov 19, 2020

TOP STORIES

GARAGE

Singapore startup founders need time to turn US$1.8b equity to real gains

THE recent listing of Singapore's Nanofilm turned the founder, a former academic, and...

PUBLISHED Nov 19, 2020 05:50 AM

Mixed reactions to DBS India's proposed takeover of cash-strapped bank

SOUTH-EAST Asia's largest lender DBS could make further inroads into the tough-to-...

PUBLISHED Nov 19, 2020 05:50 AM

November, a month for the visual arts

IT WASN'T that long ago that art galleries were facing an untimely demise at the hands...

PUBLISHED Nov 19, 2020 05:50 AM
VIRUS OUTBREAK: REIGNITING TRAVEL

'I've got you covered': 3 insurers offer plans for visitors to Singapore

FOREIGN visitors entering Singapore will now be able to buy inbound travel insurance...

PUBLISHED Nov 19, 2020 05:50 AM

Singapore civil servants underpaid by S$10m due to HR errors

ABOUT 3,000 former and currently serving officers in Singapore's civil service were...

PUBLISHED Nov 19, 2020 05:50 AM
VIRUS OUTBREAK: JOBS IMPACT

Prudential plans to hire up to 500 more financial consultants in 2021

PRUDENTIAL Singapore on Wednesday said it plans to hire more mid-career individuals...

PUBLISHED Nov 19, 2020 05:50 AM

Robinsons owes S$31.7m to 442 creditors

DEPARTMENT store Robinsons Singapore, which is now under provisional liquidation, owes...

PUBLISHED Nov 19, 2020 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

CDL's near-term performance depends on Kweks resolving differences amicably

IT HAS been almost a month since City Developments (CDL) stunned corporate circles...

PUBLISHED Nov 19, 2020 05:50 AM

CDL hotel arm mulls asset disposal

CITY Developments Limited's (CDL) hotel arm Millennium & Copthorne Hotels (M&C...

PUBLISHED Nov 19, 2020 05:50 AM

Quarz, Black Crane plan EGM requisition to approve internalisation of Sabana Reit manager

QUARZ Capital and Black Crane Capital, in a joint statement released on Wednesday and...

PUBLISHED Nov 19, 2020 05:50 AM

Starburst chairman, MD being investigated by CPIB for alleged 'corrupt transactions with agents'

STARBURST Holdings executive chairman Edward Lim Chin Wah and managing director Yap...

PUBLISHED Nov 19, 2020 05:50 AM

ST Engineering expects strong order wins to continue in Q4

MAINBOARD-LISTED ST Engineering won at least S$1.7 billion in new orders in the third...

PUBLISHED Nov 19, 2020 05:50 AM

CRCT prices preferential offering at S$1.17 and private placement at S$1.195 per unit

CAPITALAND Retail China Trust's (CRCT) preferential offering to unitholders has been...

PUBLISHED Nov 19, 2020 05:50 AM

Delfi Q3 topline falls 16.4% yoy, but sees uptick from Q2

CHOCOLATE confectionery company Delfi posted revenue of US$93.8 million in the third...

PUBLISHED Nov 19, 2020 05:50 AM

Corporate digest

The mainboard-listed dormitory developer and operator has secured a master lease to...

PUBLISHED Nov 19, 2020 05:50 AM
STOCKS

STI up for third straight session on economic recovery hopes

IT WAS a third consecutive day of trading gains for the Singapore benchmark Straits...

PUBLISHED Nov 19, 2020 05:50 AM
CURRENCIES

US dollar falls as virus resurgence raises concerns

PRESSURE increased on Wednesday against the US dollar which hit its lowest level in...

PUBLISHED Nov 19, 2020 05:50 AM

REAL ESTATE

Green finance picks up among developers as CapitaLand, Tong Eng sign loans

GREEN loans have been gaining popularity among Singapore property developers as more...

PUBLISHED Nov 19, 2020 05:50 AM

Homebuilder confidence hits another record on US buying boom

HOMEBUILDER confidence in the United States jumped in November, hitting another record...

PUBLISHED Nov 19, 2020 05:50 AM

New York City, San Francisco headed for a slow bounce

WITH vaccines - and economic recovery - on the horizon for early 2021, there is still...

PUBLISHED Nov 19, 2020 05:50 AM

Bukit Pasoh shophouse up for sale with S$10.5m guide price

SINGAPORE'S shophouse blitz is showing no signs of abating, with another one at 6...

PUBLISHED Nov 19, 2020 05:50 AM

Modi seeks funding to build smarter Indian cities post Covid-19

INDIA'S Prime Minister Narendra Modi is keen to attract foreign investment to...

PUBLISHED Nov 19, 2020 05:50 AM

Office workers want to keep working at home, just not every day

OFFICE employees are getting used to the perks of tele-commuting, and expect it to...

PUBLISHED Nov 19, 2020 05:50 AM

BANKING & FINANCE

Bank of Thailand shifts focus to tackling baht rally, keeps key rate

THE Bank of Thailand signalled it will focus on tackling a rally in the nation's...

PUBLISHED Nov 19, 2020 05:50 AM

Aviva Singlife to issue S$550m subordinated notes

NEWLY formed holding company Aviva Singlife Holdings Pte Ltd (ASH) has priced S$550...

PUBLISHED Nov 19, 2020 05:50 AM

Amundi and BNP vie for SocGen asset manager Lyxor: sources

EUROPE'S largest asset manager Amundi and BNP Paribas are among a group of bidders...

PUBLISHED Nov 19, 2020 05:50 AM

JPMorgan indices exclude new debt from sanctioned China firms

JPMORGAN Chase & Co's widely followed debt indices will exclude new bonds from...

PUBLISHED Nov 19, 2020 05:50 AM

UK green bonds offer belated boost to London's ESG ambitions

THE UK's entry to Europe's booming green sovereign bond scene could prove a catalyst...

PUBLISHED Nov 19, 2020 05:50 AM

ENERGY & COMMODITIES

Oil steady as investors weigh stockpile gain against Asia demand

OIL was steady near US$41 a barrel as investors weighed an industry report pointing to...

PUBLISHED Nov 19, 2020 05:50 AM

TECHNOLOGY

COMMENTARY

TraceTogether: Balancing privacy issues with proper contact-tracing

AS Singapore prepares to enter its third and final phase of the reopening of the...

PUBLISHED Nov 19, 2020 05:50 AM

Hottest India Internet stock surging despite valuation fears

AS optimism about a Covid-19 vaccine drives a shift away from technology shares, one...

PUBLISHED Nov 19, 2020 05:50 AM

SoftBank's Son sitting on US$80 billion cash

SOFTBANK Group Corp chief executive Masayoshi Son said on Tuesday that he is sitting...

PUBLISHED Nov 19, 2020 05:50 AM

Boom in demand for friendly hackers as 5G era approaches

AS the number of online devices surges and superfast 5G connections roll out, record...

PUBLISHED Nov 19, 2020 05:50 AM

CONSUMER

Year-end boom for Australian wine-sellers fizzles

AUSTRALIAN wine exporters should be preparing for their peak selling season - the...

PUBLISHED Nov 19, 2020 05:50 AM

Unilever eyes US$1b in sales for plant-based food boom

UNILEVER plans to boost sales of plant-based meat and dairy alternatives fivefold to...

PUBLISHED Nov 19, 2020 05:50 AM

Laundering fears halt landmark Sydney casino opening

A MULTI-BILLION-DOLLAR casino in Sydney will not be allowed to open as planned next...

PUBLISHED Nov 19, 2020 05:50 AM

TRANSPORT

UN recruits 40 airlines to deliver vaccine to poorest nations

UNITED Nations humanitarian relief agency Unicef is looking to recruit some of the...

PUBLISHED Nov 19, 2020 05:50 AM

US to approve 737 MAX return as Boeing faces strong headwinds

AFTER nearly two years of scrutiny, corporate upheaval and a standoff with global...

PUBLISHED Nov 19, 2020 05:50 AM

COE prices close mostly higher across the board

CERTIFICATE of entitlement (COE) prices ended mostly higher across the board in the...

PUBLISHED Nov 19, 2020 05:50 AM

GOVERNMENT & ECONOMY

Centre opens in Jiangsu to help Singapore biomed startups tap Chinese market

A NEW centre has been launched in the China-Singapore Suzhou Industrial Park (SIP),...

PUBLISHED Nov 19, 2020 05:50 AM

UK, EU inch closer to Brexit deal as yet another deadline looms

NUMEROUS deadlines have passed and many new ones put forward, but there are still...

PUBLISHED Nov 19, 2020 05:50 AM

Saudi to host online G20 summit

SAUDI Arabia will host the annual G20 summit on Saturday in a first for an Arab nation...

PUBLISHED Nov 19, 2020 05:50 AM

LIFE & CULTURE

Nearly a third of US museums remain closed by pandemic: survey

AT the San Diego Natural History Museum, and at institutions much like it across the...

PUBLISHED Nov 19, 2020 05:50 AM

Senior state counsel named Berita Harian Achiever of the Year

MOHAMED Faizal Mohamed Abdul Kadir, the deputy chief prosecutor and senior state...

PUBLISHED Nov 19, 2020 05:50 AM

Swiss cheesed off over Covid threat to fondue

AS Switzerland contends with one of the worst coronavirus surges in Europe, the Swiss...

PUBLISHED Nov 19, 2020 05:50 AM

OPINION

Sweeping change under Biden? Hold the thought

IN the aftermath of the nomination of former Vice-President Joe Biden as the...

PUBLISHED Nov 19, 2020 05:50 AM
THE BOTTOM LINE

Why inflation could be on the way back

ARE we about to move into a new era of unexpectedly high inflation, rather than the...

PUBLISHED Nov 19, 2020 05:50 AM
EDITORIAL

Flexible work, the new normal, should spur, not hamper, productivity

THE Covid-19 pandemic is creating the biggest workforce experiment in modern history,...

PUBLISHED Nov 19, 2020 05:50 AM

Is India looking to a world beyond the RCEP?

INDIA'S absence from the Regional Comprehensive Economic Partnership (RCEP) raises...

PUBLISHED Nov 19, 2020 05:50 AM

Arguing the case for an EU development bank

WITH nationalist tendencies currently resurgent around the world, Europe can and must...

PUBLISHED Nov 19, 2020 05:50 AM

Humans can work with digital counterparts to help our economy grow

NEWS outlets worldwide - including Singapore's - recently reported that robots will...

PUBLISHED Nov 19, 2020 05:50 AM

BREAKING NEWS

Nov 25, 2020 07:22 PM

York Capital to spin off US$2.7b Asia hedge fund firm

[NEW YORK] York Capital Management's move to exit most of its hedge fund business will lead to the creation of a...

Nov 25, 2020 06:30 PM

Daily Debrief: What Happened Today

Stories you might have missed

Nov 25, 2020 06:27 PM

Eurozone house prices set for reality check as pandemic bites: ECB

[FRANKFURT] House prices in the eurozone are in for a reality check as a pandemic-induced recession pushes more...

Nov 25, 2020 06:04 PM

Singapore shares fall despite Wall Street advance; STI down 0.8%

LOCAL shares ended Wednesday in the red, having given up their gains from earlier on in the trading day as investor...

Nov 25, 2020 05:58 PM

Indonesia's coal gasification programme needs subsidy: industry experts

[JAKARTA] Indonesia would need to subsidise the coal-derived substitute that it has hung its hopes on to reduce its...

Nov 25, 2020 05:50 PM

Emirates sees 2022 return of jumbo A380s as travel recovers

[DUBAI] Emirates sees a sharp recovery in demand for air travel next year as coronavirus vaccines are distributed...