Tuesday, Jan 14, 2020

TOP STORIES

BT EXCLUSIVE: DIGITAL BANKS

Russian-linked digibank challenger targets neglected higher-risk clients

THE leadership team behind Singapore-based venture capital firm Life.Sreda has applied...

PUBLISHED Jan 14, 2020 05:50 AM

Citizens from new markets among buyers of top condos here

THE cooling measures introduced in July 2018 have dampened overall home-buying demand...

PUBLISHED Jan 14, 2020 05:50 AM

ESR, GIC setting up US$500m China logistics JV

CHINA'S logistics property sector continues to draw interest from investors, with ESR...

PUBLISHED Jan 14, 2020 05:50 AM

Container throughput at Singapore port hits record high in 2019

CONTAINER throughput at the Port of Singapore hit an all-time high of 37.2 million...

PUBLISHED Jan 14, 2020 05:50 AM
ASEAN BUSINESS

Thailand's resilient tourism industry a mixed blessing for the economy

THREE years ago the clientele at Hollywood Disco Pattaya were mostly South Koreans....

PUBLISHED Jan 14, 2020 05:50 AM
OPINION

An electrified future for Asean: turning on tomorrow's power, today

ASIA has made vast strides this past decade as the region transitions towards a...

PUBLISHED Jan 14, 2020 05:50 AM
SMES

Cityneon buys US animated figures design firm in S$50m deal

CITYNEON Holdings, which delisted from the Singapore Exchange (SGX) last year, has...

PUBLISHED Jan 14, 2020 05:50 AM

COMPANIES & MARKETS

HYFLUX SAGA

PnP holders with 'substantial debt' plan to block Utico's scheme

HOLDERS of Hyflux's perpetual and preference (PnP) shares have expressed "...

PUBLISHED Jan 14, 2020 05:50 AM

SPH Q1 earnings down 17.2% on higher costs, lower print ad sales

MEDIA and property group Singapore Press Holdings (SPH) saw its net profit for the...

PUBLISHED Jan 14, 2020 05:50 AM

New shareholders seek to remove five directors from USP board

TWO shareholders have requisitioned an extraordinary general meeting (EGM) to remove...

PUBLISHED Jan 14, 2020 05:50 AM

China Haida fails to get SGX nod for S$3.3m rights issue

MAINBOARD-LISTED China Haida is scrapping its planned rights issue that could have...

PUBLISHED Jan 14, 2020 05:50 AM
PUBLISHED Jan 14, 2020 05:50 AM

Corporate digest

DARCO Water is proposing to issue S$6.5 million worth of new shares to three private...

PUBLISHED Jan 14, 2020 05:50 AM
STOCKS

STI dips, bucking regional trend

WITH investors looking to Wednesday's signing of the US-China "Phase One" trade deal...

PUBLISHED Jan 14, 2020 05:50 AM
CURRENCIES

Yuan rallies, yen slides ahead of US-China trade deal

CHINA'S yuan led a rally in trade-sensitive currencies on Monday while the Japanese...

PUBLISHED Jan 14, 2020 05:50 AM

REAL ESTATE

Freehold 12-unit Casa Sophia sold en bloc for S$29m

ALL 12 units of Casa Sophia, a freehold apartment development along Sophia Road, are...

PUBLISHED Jan 14, 2020 05:50 AM

Van Holland sells 10 units at average S$2,975 psf at launch

FREEHOLD luxury residence Van Holland has moved 10 out of its 69 units at an average S...

PUBLISHED Jan 14, 2020 05:50 AM

Tee International to sell Tee Land stake to Amcorp for S$50.62m

MAINBOARD-LISTED Tee International has entered into a conditional agreement to sell...

PUBLISHED Jan 14, 2020 05:50 AM

SLB back in the black with Q2 gain

PROPERTY player SLB Development recorded S$3.6 million in earnings for the second...

PUBLISHED Jan 14, 2020 05:50 AM

High hopes for upcoming mega-mall in New Jersey

FORMER Olympic skier Lindsey Vonn was among the luminaries on hand last month to...

PUBLISHED Jan 14, 2020 05:50 AM

Lifeline from India's biggest bank offers builders hope

INDIA'S beleaguered developers see a glimmer of hope after the nation's biggest bank...

PUBLISHED Jan 14, 2020 05:50 AM

BANKING & FINANCE

US consumers expected to boost big banks' profits

CONSUMER lending is expected to propel profits for big US banks when they unveil...

PUBLISHED Jan 14, 2020 05:50 AM

Indians will soon gain unprecedented control over their digital financial data

INDIA has more than 560 million Internet users, all generating data by the terabyte....

PUBLISHED Jan 14, 2020 05:50 AM

Indonesia secures US$22.8b of funds from UAE

THE United Arab Emirates (UAE) will invest US$22.8 billion in Indonesia through a...

PUBLISHED Jan 14, 2020 05:50 AM

TECHNOLOGY

S Korea cram schools prepare job seekers for AI hiring systems

IN CRAM school-obsessed South Korea, students fork out for classes in everything from...

PUBLISHED Jan 14, 2020 05:50 AM

US officials to visit Britain to push for Huawei ban in 5G networks

A DELEGATION of US officials will arrive in Britain on Monday to try to persuade...

PUBLISHED Jan 14, 2020 05:50 AM

CONSUMER

Bye, bye London: British fashion star makes Paris debut

BREXIT hasn't happened yet, but the fashion exodus has already begun. Craig Green, the...

PUBLISHED Jan 14, 2020 05:50 AM

TRANSPORT

Boeing's new CEO takes control with company's integrity in doubt

THE opening gambits by Boeing Co's new boss show the risks Dave Calhoun is willing to...

PUBLISHED Jan 14, 2020 05:50 AM

Grab offers Chubb travel insurance on its app

SINGAPORE users of Grab can now buy insurer Chubb's travel insurance product on the...

PUBLISHED Jan 14, 2020 05:50 AM

Car industry cautious as China starts 2020 with 2% sales decline forecast

CHINA'S car market is likely to shrink for the third consecutive year in 2020, the...

PUBLISHED Jan 14, 2020 05:50 AM

GOVERNMENT & ECONOMY

Hong Kong's top officials applaud its financial prowess amid protests

HONG Kong's Chief Executive Carrie Lam and top finance officials praised the Chinese-...

PUBLISHED Jan 14, 2020 05:50 AM

UK GDP shrinks; BOE under pressure to cut rate

BRITAIN'S economy has stalled, official data showed on Monday, as Brexit and political...

PUBLISHED Jan 14, 2020 05:50 AM

Japanese women face a future of poverty

AT first glance, things seem to be getting better for Japanese women.

PUBLISHED Jan 14, 2020 05:50 AM

LIFE & CULTURE

Jay Chou takes fans down memory lane

You don't need to be a fan to know Jay Chou is in town.

PUBLISHED Jan 14, 2020 05:50 AM

Joker tops Oscar nominations with 11

FILM writer Todd Phillips' much-debated supervillain origin story and R-rated box-...

PUBLISHED Jan 14, 2020 05:50 AM

Australia faces 'ecological disaster'; several species threatened

THE Australian government committed A$50 million (S$46.5 million) to an emergency...

PUBLISHED Jan 14, 2020 05:50 AM

SME

POSSIBILITIES 2020

A new decade of possibilities

AT Possibilities 2020 last Friday, Senior Minister of State Chee Hong Tat, together...

PUBLISHED Jan 14, 2020 05:50 AM

New directions and goals for the new year

A PANEL discussion titled "Where do we go from here?" capped the afternoon at...

PUBLISHED Jan 14, 2020 05:50 AM

OPINION

EDITORIAL

Time for Singapore to crack down on single-use plastic bags

ON the morning of New Year's Day, Thailand - the second largest economy in South-east...

PUBLISHED Jan 14, 2020 05:50 AM

Why 2020 offers a 'window of opportunity'

THIS week sees climate change at the fore of international debate, yet again, from...

PUBLISHED Jan 14, 2020 05:50 AM
THE BOTTOM LINE

Time for Beijing and Taiwan to reassess cross-strait policy

THE election last Saturday, in which Tsai Ing-wen won a second term as president,...

PUBLISHED Jan 14, 2020 05:50 AM

Compliance with SGX listing rules is still poor

ON OCT 29, 2019, at 7.57 am, Sakae Sushi responded to queries by Singapore Exchange (...

PUBLISHED Jan 14, 2020 05:50 AM
COMMENTARY

Variable capital company will boost Singapore fund sector

ALTHOUGH investment funds have historically been established in "offshore"...

PUBLISHED Jan 14, 2020 05:50 AM

BREAKING NEWS

Jan 22, 2020 06:30 PM

Daily Debrief: What Happened Today

Stories you might have missed

Jan 22, 2020 06:27 PM

Singapore shares post 0.2% recovery after sell-off on China virus fears

THE outbreak of a new coronavirus originating in Wuhan evoked memories of 2003's Sars epidemic, sending Asia's...

Jan 22, 2020 05:53 PM

Malaysia: Shares close lower on Wednesday

MALAYSIA share prices closed lower on Wednesday, with the FTSE Bursa Malaysia Kuala Lumpur Composite Index down 9.35...

Jan 22, 2020 05:30 PM

International partners ink pact with IMDA to collaborate on digital trade

THE International Chamber of Commerce (ICC) and 17 major multinational firms have signed a cooperation agreement...

Jan 22, 2020 04:50 PM

SRX, AIG Singapore offer insurance policy that can replace tenant security deposit

SINGAPORE property portal SRX has teamed up with general insurer AIG Asia Pacific Insurance (AIG Singapore) to let...

UPDATED 45 min ago
Jan 22, 2020 04:34 PM

COE prices end mixed ahead of Chinese New Year

CERTIFICATE of entitlement (COE) prices ended mixed in the latest tender on Wednesday (Jan 22) on the back of a more...

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