TOP STORIES

Is craft beer losing its fizz?

THINK Thai Mango Salad sour beer with a hint of spice and savoury notes. Or perhaps a...

PUBLISHED Feb 29, 2020 05:50 AM
PERSPECTIVE

Robust R&D, healthcare systems paramount in virus fight

THE emergence of Covid-19, a new coronavirus, is a tragic public-health emergency. The...

PUBLISHED Feb 29, 2020 05:50 AM
SINGAPORE BUDGET 2020

Govt has resources and will to act if more support needed to mitigate Covid-19: Heng

REPLYING to calls for more help amid the Covid-19 outbreak, Deputy Prime Minister and...

PUBLISHED Feb 29, 2020 05:50 AM
SINGAPORE BUDGET 2020

Bonuses for public officers in Covid-19 crisis; pay cuts for MPs, ministers

PUBLIC officers on the frontline of the Covid-19 crisis will get up to one additional...

PUBLISHED Feb 29, 2020 05:50 AM
SINGAPORE BUDGET 2020

Singapore aims to halve 2030 peak emissions by 2050

SINGAPORE will enhance its climate pledge and long-term strategy this year, with a...

PUBLISHED Feb 29, 2020 05:50 AM
SINGAPORE BUDGET 2020

Streamlining govt e-services, expanding digital MC scheme among Smart Nation efforts unveiled

A SINGLE touchpoint for common government services and expanded use of digital Medical...

PUBLISHED Feb 29, 2020 05:50 AM
VIRUS OUTBREAK

SIA cuts senior management pay by 10-15%; staff offered voluntary no-pay leave

WITH the Covid-19 outbreak hobbling travel demand, Singapore Airlines (SIA) will be...

PUBLISHED Feb 29, 2020 05:50 AM

Wing Tai retrenches 20 staff in retail restructuring

WING Tai Retail has retrenched 20 employees, following a review of its business...

PUBLISHED Feb 29, 2020 05:50 AM
VIRUS OUTBREAK

New coronavirus cluster surfaces in Singapore

A NEW coronavirus cluster, the fifth here, has surfaced in Singapore, the Ministry of...

PUBLISHED Feb 29, 2020 05:50 AM

Asia markets battered on fears of coronavirus-induced recession

ASIA stocks plunged on Friday with the MSCI Asia-Pacific Index notching seven straight...

PUBLISHED Feb 29, 2020 05:50 AM
LATEST US DATA

US personal spending slows in January, but remains robust

US PERSONAL spending decelerated in January to a still-solid pace, suggesting momentum...

PUBLISHED Feb 29, 2020 05:50 AM

Development charge rates mostly unchanged in latest review

THE government has left development charge (DC) rates largely unchanged for the next...

PUBLISHED Feb 29, 2020 05:50 AM

Malaysia's turmoil deepens with Mahathir's fate in doubt

UNCERTAINTY grew over the political fate of Malaysia's 94-year-old Mahathir Mohamad on...

PUBLISHED Feb 29, 2020 05:50 AM

Collapse of Singapore commodities firm leaves lenders exposed

LENDERS including ING Bank NV have accused a Singapore commodities firm of fraud after...

PUBLISHED Feb 29, 2020 05:50 AM

COMPANIES & MARKETS

IHH Healthcare's Q4 net earnings dive to RM40.6m

HIGHER net interest expenses and depreciation from new hospital projects hurt...

PUBLISHED Feb 29, 2020 05:50 AM

UOL net profit up 14% for FY19

HIGHER fair value and other gains boosted UOL's net profit by 14 per cent to S$478.8...

PUBLISHED Feb 29, 2020 05:50 AM

Ho Bee Land Q4 net profit soars on fair value gains

FAIR value gains on investment properties totalling S$243.7 million sent Ho Bee Land's...

PUBLISHED Feb 29, 2020 05:50 AM

Cromwell E-Reit buys asset in Germany for 16.6m euros

CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) is buying a light...

PUBLISHED Feb 29, 2020 05:50 AM

EC World Reit cuts Q4 DPU, sees muted demand in Wuhan

DESPITE higher revenue and net property income (NPI), EC World Real Estate Investment...

PUBLISHED Feb 29, 2020 05:50 AM

Banyan Tree Q4 profit more than doubles to S$12.8m

BANYAN Tree Holdings' net profit more than doubled to S$12.8 million for the fourth...

PUBLISHED Feb 29, 2020 05:50 AM

Dry weather more of an issue for Golden Agri than Covid-19

WHILE Covid-19 is expected to affect Golden Agri-Resources' (GAR) operating...

PUBLISHED Feb 29, 2020 05:50 AM

Olam's Q4 profit quadruples; declares 4.5-cent final dividend

AGRI-food giant Olam International's net profit has more than quadrupled to S$313.4...

PUBLISHED Feb 29, 2020 05:50 AM

Yongnam's FY19 net loss widens to S$53.1m

YONGNAM Holdings on Friday posted a net loss of S$53.1 million for the year ended Dec...

PUBLISHED Feb 29, 2020 05:50 AM

Yangzijiang's Q4 net profit falls 30% to 642.3m yuan

A PLUNGE in other gains and a slight dip in revenue saw Yangzijiang Shipbuilding post...

PUBLISHED Feb 29, 2020 05:50 AM

Hiap Hoe returns to the black with net profit of S$16.2m in Q4

PROPERTY developer Hiap Hoe registered a net profit of S$16.2 million for the fourth...

PUBLISHED Feb 29, 2020 05:50 AM
STOCKS

STI has worst week in 8 years as Covid-19 fears escalate

SINGAPORE equities faced heavy selling on Friday en route to their worst weekly...

PUBLISHED Feb 29, 2020 05:50 AM

Corporate digest

THE group chief financial officer (CFO) of Tee International has tendered her...

PUBLISHED Feb 29, 2020 05:50 AM

REAL ESTATE

VIRUS OUTBREAK

Covid-19 slows China's major projects in Asia

FROM an artificial island in Sri Lanka to a bridge in Bangladesh and hydropower...

PUBLISHED Feb 29, 2020 05:50 AM
VIRUS OUTBREAK

Virus concerns hit shares in builder of world's tallest tower

DUBAI'S Emaar group felt the downside of being a proxy for investments in the local...

PUBLISHED Feb 29, 2020 05:50 AM

Properties in tech hubs offer investors more promise

IF YOU are looking to make money at the top of the housing market, it is time to head...

PUBLISHED Feb 29, 2020 05:50 AM

Reits (February 29-March 1, 2020)

Highest-yielding real estate investment trusts

PUBLISHED Feb 29, 2020 05:50 AM

CONSUMER

THE BROAD VIEW

BTS, the K-pop supergroup that's changed the music business

IN one photo for their album Map of the Soul: 7, the seven members of the South Korean...

PUBLISHED Feb 29, 2020 05:50 AM

LIFE & CULTURE

THE FINISH LINE

Time for Joscelin Yeo to swim into Hall of Fame

WAY back in 1995, I was approached by Joscelin Yeo's mother, Lee Choo, to hand over a...

PUBLISHED Feb 29, 2020 05:50 AM
FIGHTING FIT

Super cushioned running shoes are all the rage, but they're not for everyone

ANYONE who runs or spectates at races has probably noticed that stacked, generously...

PUBLISHED Feb 29, 2020 05:50 AM
THE STEERING COLUMN

Mercedes-Benz CLA 200 Shooting Brake: The bold and the booty-ful

THE Mercedes-Benz CLA 200 Shooting Brake is exactly the kind of car you would call an...

PUBLISHED Feb 29, 2020 05:50 AM

THE RAFFLES CONVERSATION

Disrupting ageing

IN A world where just about every sector is facing disruption, ageing too has not been...

PUBLISHED Feb 29, 2020 05:50 AM

WEALTH & INVESTING

COMMENTARY

Investment sanity checks as Covid-19 fears take over

THE Covid-19 fear has finally become official. For the longest time, global financial...

PUBLISHED Feb 29, 2020 05:50 AM
INVESTING FOR IMPACT

ESG investing in the year of the Rat

IN this year of the Rat, interest in ESG (Environmental, Social and Governance)...

PUBLISHED Feb 29, 2020 05:50 AM
CFA SINGAPORE INSIGHTS

When a 'buy' goes bad, who is in the wrong?

MANY retail investors have snagged good returns from Initial Public Offerings (IPOs)...

PUBLISHED Feb 29, 2020 05:50 AM
DIARY OF PRIVATE INVESTOR

Days of department stores are numbered

Department stores have been around for more than 150 years. Singapore's oldest...

PUBLISHED Feb 29, 2020 05:50 AM
GOLD REPORT

Gold consolidates after a blistering rally

GOLD extended its climb to new highs this week but stopped short of the US$1,700 an...

PUBLISHED Feb 29, 2020 05:50 AM

BREAKING NEWS

Feb 29, 2020 02:39 PM

Sterling tumbles to 2020 lows as investors dash for safety

[LONDON] The pound dropped sharply on Friday, losing nearly 1 per cent against the euro and the dollar as worries...

Feb 29, 2020 02:31 PM

Fifa chief Infantino accepts games are at risk due to coronavirus

[BELFAST] Fifa president Gianni Infantino has said March's international soccer matches could be threatened by the...

Feb 29, 2020 02:06 PM

Arsenal loss shows cost of Champions League absence

[LONDON] The cost of life outside the Champions League was made clear when Arsenal published accounts showing the...

Feb 29, 2020 01:47 PM

Activist investor wants to oust Twitter chief Dorsey: media

[SAN FRANCISCO] An activist investor known as a major Republican political supporter wants to wrest control of...

Feb 29, 2020 12:27 PM

Rock band Green Day among musicians pulling out of Asia tour dates

[NEW YORK] US rock band Green Day on Friday called off all of the Asian shows in its upcoming world tour because of...

Feb 29, 2020 12:18 PM

BTS cancel concerts as South Korea virus cases rise faster than China

[SEOUL] K-pop megastars BTS cancelled Friday four Seoul concerts due in April as South Korea's novel coronavirus...