TOP STORIES

SINGAPORE BUDGET 2020

Higher taxes not expected for expansionary Budget 2020

THIS term of government's large accumulated surplus should allow for an expansionary...

PUBLISHED Jan 22, 2020 05:50 AM
STARTUPS

Grab's rewards revamp trades points for sustainability

GRAB'S rationalisation of its rewards programme is unsurprising with the launch of the...

PUBLISHED Jan 22, 2020 05:50 AM
SINGAPORE BUDGET 2020

SMEs need more liquidity, access to digital solutions: SBF

THE Singapore Business Federation (SBF) SME Committee on Tuesday called for increased...

PUBLISHED Jan 22, 2020 05:50 AM
SINGAPORE BUDGET 2020

Help bosses hire older workers: SNEF

WITH retirement and re-hiring ages set to go up in the next decade, the Singapore...

PUBLISHED Jan 22, 2020 05:50 AM

Singapore releases new initiatives on AI governance for consumer trust

A YEAR after releasing a framework on how artificial intelligence (AI) can be used...

PUBLISHED Jan 22, 2020 05:50 AM
DIGITAL BANKS

More China players emerge among bids for Singapore digibank licences

TWO more Chinese players have made public their digital wholesale banking bids in...

PUBLISHED Jan 22, 2020 05:50 AM
LUNAR NEW YEAR SALES

Tighter budgets see slower start to Lunar New Year shopping

SLOW starts to the Lunar New Year buying season did not stop gift companies and...

PUBLISHED Jan 22, 2020 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

How will incumbents prepare for the arrival of digital banks?

GIVEN the outsized interest from 21 digital banking aspirants looking to partake in...

PUBLISHED Jan 22, 2020 05:50 AM

Mapletree Industrial Trust's Q3 DPU up from 3.07 to 3.16 cents

NEW revenue contributions lifted Mapletree Industrial Trust's (MIT) distribution per...

PUBLISHED Jan 22, 2020 05:50 AM

Keppel DC Reit's Q4 DPU dips marginally

KEPPEL DC Reit on Tuesday posted a distribution per unit (DPU) of 1.83 Singapore cents...

PUBLISHED Jan 22, 2020 05:50 AM

Keppel Pacific Oak US Reit posts Q4 DPU of 1.51 US cents

KEPPEL Pacific Oak US Reit (KORE), previously known as Keppel-KBS US Reit, on Tuesday...

PUBLISHED Jan 22, 2020 05:50 AM

Corporate digest

DISCUSSIONS with a financier who was planning to extend at least US$180 million in new...

PUBLISHED Jan 22, 2020 05:50 AM
STOCKS

Singapore shares fall on Wuhan virus scare

SINGAPORE stocks slumped further on Tuesday, in line with most regional markets, as...

PUBLISHED Jan 22, 2020 05:50 AM
CURRENCIES

Safe haven currencies gain as virus fears hit yuan

CHINA'S yuan tumbled on Tuesday, pulling away from six-month highs against the US...

PUBLISHED Jan 22, 2020 05:50 AM

REAL ESTATE

CDL, CapitaLand, Singtel among world's 100 most sustainable firms

THREE Singapore companies made it to this year's list of the world's 100 most...

PUBLISHED Jan 22, 2020 05:50 AM

US builders muscling into UK's booming rental-housing market

US developers are moving into the UK's rapidly expanding market for rental housing,...

PUBLISHED Jan 22, 2020 05:50 AM

BANKING & FINANCE

UBS misses key 2019 targets amid mounting headwinds

UBS Group AG missed key targets for 2019 as investors pulled money late in the year,...

PUBLISHED Jan 22, 2020 05:50 AM

Bank of Japan leaves rates unchanged, raises growth forecasts

THE Bank of Japan took a brighter view of the economy and left its main policy...

PUBLISHED Jan 22, 2020 05:50 AM

ENERGY & COMMODITIES

Davos financiers pumped US$1.4t into fossil fuels: Greenpeace

SOME of the world's biggest banks, insurers and pension funds have collectively...

PUBLISHED Jan 22, 2020 05:50 AM

Global resource consumption tops 100 billion tonnes for first time

THE world is using up more than 100 billion tonnes of natural resources per year for...

PUBLISHED Jan 22, 2020 05:50 AM

Oil prices fall nearly 1% as supply concerns ease

OIL prices fell nearly 1 per cent on Tuesday as investors expected Libya's oil...

PUBLISHED Jan 22, 2020 05:50 AM

TECHNOLOGY

Japan fights 'hostage justice' accusations

JAPAN on Tuesday published a list defending its treatment of people accused of crimes...

PUBLISHED Jan 22, 2020 05:50 AM

Brexit? Facebook plans UK growth with 1,000 hires this year

FACEBOOK will hire 1,000 people in London this year for roles in areas such as product...

PUBLISHED Jan 22, 2020 05:50 AM

Uber Eats in India sold to Zomato to pare back on losses

UBER has sold its loss-making online food-ordering business in India to local rival...

PUBLISHED Jan 22, 2020 05:50 AM

Apple's partner Pegatron sets up facility in Vietnam

TAIPEI'S Pegatron Corporation plans to set up production facilities in Vietnam,...

PUBLISHED Jan 22, 2020 05:50 AM

Tencent takes on ByteDance with WeChat short video trial

TENCENT is planning a major update to its WeChat messaging app to stave off up-and-...

PUBLISHED Jan 22, 2020 05:50 AM

CONSUMER

China's zero-waste activists fight over-consumption

PARCELS piled high at sorting centres and drivers speeding down bike lanes to deliver...

PUBLISHED Jan 22, 2020 05:50 AM

Vietnam's tough new drink-driving law taking cheer out of beer sales

VIETNAM'S new get-tough-on-drink-driving law is taking the fizz out of one of the...

PUBLISHED Jan 22, 2020 05:50 AM

Hugo Boss Q4 sales up on spruced-up stores; online sales jump 52%

GERMAN fashion house Hugo Boss reported better than expected fourth-quarter sales...

PUBLISHED Jan 22, 2020 05:50 AM

Japan's Aeon aims to sell eco-certified sushi in time for Olympics

JAPANESE supermarket chain Aeon, Asia's biggest retailer by sales, said it aims to...

PUBLISHED Jan 22, 2020 05:50 AM

TRANSPORT

STRAIT TALK

How old? New guidelines on age discrimination

A PRESS release from the International Chamber of Shipping (ICS) has grabbed my...

PUBLISHED Jan 22, 2020 05:50 AM

Air France-KLM, JAL among carriers eyeing Malaysia Airlines deal: sources

PROPOSALS to invest in ailing Malaysia Airlines include one from Air France-KLM which...

PUBLISHED Jan 22, 2020 05:50 AM

South African Airways crisis deepens with flight cancellations

THE financial crisis at South African Airways deepened on Tuesday with one of the...

PUBLISHED Jan 22, 2020 05:50 AM

How Boeing's responsibility in an earlier 737 crash 'got buried'

AFTER a Boeing 737 crashed near Amsterdam more than a decade ago, Dutch investigators...

PUBLISHED Jan 22, 2020 05:50 AM

GOVERNMENT & ECONOMY

53% of CEOs expect global economy to cool: PwC survey

MORE than half of chief executives in an annual survey by PwC expect a slowdown in...

PUBLISHED Jan 22, 2020 05:50 AM

Singapore concludes talks on digital trade accord with Chile, NZ

SINGAPORE, Chile and New Zealand concluded talks on an agreement over a common set of...

PUBLISHED Jan 22, 2020 05:50 AM

Wuhan virus claims 6th victim; surge in new cases

THE death toll from the coronavirus outbreak in China climbed to six on Tuesday as...

PUBLISHED Jan 22, 2020 05:50 AM

LIFE & CULTURE

Run for Hope back to raise funds for cancer research

FOO Choon Mei was diagnosed with early-stage breast cancer and was treated for it in...

PUBLISHED Jan 22, 2020 05:50 AM

Prada's private club offers an experience money can't buy

THE It bag may be more like an old hat these days - at least when it comes to fashion'...

PUBLISHED Jan 22, 2020 05:50 AM

WEALTH & INVESTING

Eastspring aims to double AUM by 2024

EASTSPRING Investments, a subsidiary of Prudential plc, has set its sights on an...

PUBLISHED Jan 22, 2020 05:50 AM

Now try slicing the stock market into equal pieces

NOT all funds that track the same index are created equal. For some, inequality is...

PUBLISHED Jan 22, 2020 05:50 AM

Investors have not been this bullish on Chinese stocks for years

CONFIDENCE is surging through China's stock market, with traders boosting leverage and...

PUBLISHED Jan 22, 2020 05:50 AM

OPINION

EDITORIAL

Raise confidence and governance to tackle privatisation and delistings

OVER the years, many companies have been privatised and delisted from the Singapore...

PUBLISHED Jan 22, 2020 05:50 AM

2020 will usher in the Asian era

IN 2020, Asia's gross domestic product (GDP) will overtake that of the rest of the...

PUBLISHED Jan 22, 2020 05:50 AM
THE BOTTOM LINE

Time to crank up shift to a more responsible capitalism

AS WE look ahead to this week's debates and discussions at the World Economic Forum,...

PUBLISHED Jan 22, 2020 05:50 AM

Growing China's soft power: Free debate and creative thinking are key

LOOKING at indicators of hard power in economic growth and military strength, there is...

PUBLISHED Jan 22, 2020 05:50 AM

Could Bernie become the next US president?

LET us go back four years when then-leading Democratic presidential candidate Hillary...

PUBLISHED Jan 22, 2020 05:50 AM

BREAKING NEWS

Jan 22, 2020 03:10 PM

Tokyo: Shares end higher on bargain hunting

[TOKYO] Tokyo stocks reversed earlier losses and ended higher Wednesday thanks to bargain hunting, with relative...

Jan 22, 2020 02:55 PM

Singapore High Court dismisses cybersquatter's lawsuit against Grab unit

THE Singapore High Court has dismissed a lawsuit by management consultancy 3 Corporate Services against Grabtaxi...

Jan 22, 2020 01:35 PM

Singapore stocks: STI resumes Wednesday afternoon down 0.09% on day

SINGAPORE stocks resumed trading on Wednesday afternoon slightly down, with the Straits Times Index losing 0.09 per...

Jan 22, 2020 01:28 PM

Wuhan urges people to stay away in bid to contain China virus

[BEIJING] The Chinese city at the centre of a Sars-like virus outbreak has urged people to stay away, cancelling a...

Jan 22, 2020 01:16 PM

Japanese maker pushes umami overhaul for much-maligned MSG

[TOKYO] Umami-bomb or toxic allergen? There are perhaps few condiments as controversial as MSG, but most scientists...

Jan 22, 2020 01:10 PM

CPF members can nominate their beneficiaries online

[SINGAPORE] Those looking to make their Central Provident Fund (CPF) nominations can now do so online.

sentifi.com

TOP 10 TALKED ABOUT: