Friday, May 22, 2020

TOP STORIES

Lobby group wants laws for a fair tenancy commission, data sharing

THE Fair Tenancy Framework Industry Committee (FTFIC) has proposed the setting up of a...

PUBLISHED May 22, 2020 05:50 AM
VIRUS OUTBREAK

Safety measures as crucial as attractive fares, perks for air travel to rebound

WITH the road to recovery set to be a long one for air travel, airlines may have to...

PUBLISHED May 22, 2020 05:50 AM

Flying an uncharted path

THE aviation sector has never seen worse times. Demand for travel disintegrated as...

PUBLISHED May 22, 2020 05:50 AM
VIRUS OUTBREAK

Property agents soldier on with virtual marketing

PROPERTY agents do not like it that show galleries will remain closed until further...

PUBLISHED May 22, 2020 05:50 AM

Rolls-Royce 'working out' how job cuts will hit its 1,300 Singapore staff

ROLLS-ROYCE is still working on the details of how global job cuts will affect its...

PUBLISHED May 22, 2020 05:50 AM

Citi returning JSS funds; local banks pledge to keep, create jobs

CITI Singapore has moved to return to the government the co-funding offered to all...

PUBLISHED May 22, 2020 05:50 AM

Singapore creeping towards negative rates as 1-mth SOR drops below zero

NEGATIVE interest rates are creeping into Singapore. The nation's overnight borrowing...

PUBLISHED May 22, 2020 05:50 AM

7 new Covid-19 cases from pre-school staff, nursing home

THERE was an uptick in new Covid-19 cases among Singaporeans and permanent residents...

PUBLISHED May 22, 2020 05:50 AM

Asean-focused VCs face fund-raising challenges: report

VENTURE capital (VC) firms focused on South-east Asia have raised US$1.33 billion in...

PUBLISHED May 22, 2020 05:50 AM

Japan exports in April fall most since 2009 as pandemic hits demand

JAPAN'S exports in April fell the most since the 2009 global financial crisis as the...

PUBLISHED May 22, 2020 05:50 AM

Almost half in Singapore expect family to care for them in retirement: survey

A SURVEY of just over 1,000 Singaporeans found that nearly half (46 per cent) expect...

PUBLISHED May 22, 2020 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Eagle H Trust needs an independent manager

THE best way to restore confidence in Eagle Hospitality Trust (EHT) is for the current...

PUBLISHED May 22, 2020 05:50 AM

HC Surgical says investor Vanda 1 gave no reason for early redemption of bonds

HC Surgical Specialists on Wednesday said that Vanda 1 Investments, managed by Temasek...

PUBLISHED May 22, 2020 05:50 AM

Thomson Medical directors take 20% fee cut, managers forgo bonus

WITH effect from June 1, the board of Thomson Medical Group (TMG) will take a 20 per...

PUBLISHED May 22, 2020 05:50 AM

SPH speeds up integration of student housing business, rebranding assets for UK varsity reopening

SINGAPORE Press Holdings (SPH) on Thursday said it is speeding up the process of...

PUBLISHED May 22, 2020 05:50 AM

SBS Transit's Q1 profit after tax nearly halves, led by fall in public transport services

SBS Transit's profit after tax fell 46.1 per cent on the year to S$11.1 million for...

PUBLISHED May 22, 2020 05:50 AM

Geo Energy offers steep discount to retire bonds

GEO Energy Resources' wholly-owned subsidiary Geo Coal International (GCI) is offering...

PUBLISHED May 22, 2020 05:50 AM

Corporate digest

THE real estate investment trust (Reit) has acquired Borchveste Almere, its tenant at...

PUBLISHED May 22, 2020 05:50 AM
STOCKS

STI falls 0.3% as rising US-China tension worsens

SINGAPORE shares closed lower on Thursday over escalating US-China spat and downbeat...

PUBLISHED May 22, 2020 05:50 AM
CURRENCIES

Euro takes a breather after four-day rising streak

THE euro steadied on Thursday after a four-day rising streak that was fuelled by...

PUBLISHED May 22, 2020 05:50 AM

REAL ESTATE

Bidding wars are back in US housing market

IT IS the surprise of a spring selling season that has been anything but normal:...

PUBLISHED May 22, 2020 05:50 AM

Commercial property transactions in US plunge 71% in April

SALES of US hotels, offices, malls and other commercial real estate plunged 71 per...

PUBLISHED May 22, 2020 05:50 AM

BANKING & FINANCE

COMMENTARY

Banks get a glimpse of post-Covid-19 future

LIKE all businesses upended by the pandemic lockdowns, banks were forced to reorganise...

PUBLISHED May 22, 2020 05:50 AM

Aviva sees £160m in Covid-19 claims, weaker Q2

BRITISH insurer Aviva expects £160 million (S$277 million) in claims related to the...

PUBLISHED May 22, 2020 05:50 AM

Maybank posts higher Q1 profit but cautions virus impact later

MALAYAN Banking Bhd (Maybank) reported on Thursday higher profits for the first...

PUBLISHED May 22, 2020 05:50 AM

TECHNOLOGY

Samsung starts construction on cutting-edge chip production line

SAMSUNG Electronics Co Ltd has begun work on a sixth domestic contract chip production...

PUBLISHED May 22, 2020 05:50 AM

US regulators willing to tweak Huawei chip curb rule

US REGULATORS are open to making changes to close what some see as a loophole in a new...

PUBLISHED May 22, 2020 05:50 AM

CONSUMER

Disney World in Florida reopens, sans rides; masked customers can shop, dine

WALT Disney World cracked open its doors on Wednesday, offering dining and shopping to...

PUBLISHED May 22, 2020 05:50 AM

With F&B places shut, demand for malt plunges

BARLEY farmers like Brett Askew cannot wait for pubs to reopen, but it is not the...

PUBLISHED May 22, 2020 05:50 AM

TRANSPORT

COMMENTARY

Covid-19 could trigger these 10 changes in the future of supply chains

WITH Covid-19 causing profound changes in how we live, work and play these days, many...

PUBLISHED May 22, 2020 05:50 AM

EasyJet among first carriers in Europe to plan restart

EASYJET Plc will resume flights from 22 European airports on June 15, becoming one of...

PUBLISHED May 22, 2020 05:50 AM

GOVERNMENT & ECONOMY

Wanted: New WTO head. Must thrive under global pressure

AGAINST the backdrop of a global pandemic, steep recession, intensifying US-China...

PUBLISHED May 22, 2020 05:50 AM

China plans national security laws for Hong Kong

CHINA will propose national security laws for Hong Kong in response to last year's...

PUBLISHED May 22, 2020 05:50 AM

US jobless claims remain high as backlogs, layoffs linger

MILLIONS more Americans filed for unemployment benefits last week as backlogs continue...

PUBLISHED May 22, 2020 05:50 AM

US secures 300 million doses of potential Covid-19 vaccine

THE United States has secured almost a third of AstraZeneca's one billion possible...

PUBLISHED May 22, 2020 05:50 AM

LEADERSHIP & MANAGEMENT

LEADING THROUGH DISRUPTION

Restarting work - learning the new norm

SOME of it will seem just like after a long break - shake off the dust, throw away the...

PUBLISHED May 22, 2020 05:50 AM

The Power-Up sequence: Addressing the organisational costs of Covid-19 lockdown

AS THE world starts to shift from lockdown to reopening, we face huge questions: How...

PUBLISHED May 22, 2020 05:50 AM

OPINION

Settling the (tax) score after the fall

DURING the violent Hong Kong protests, a Financial Times article (assertively titled "...

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

The 'robots are taking our jobs' threat gets real

IF THERE was ever a good time for the robots-taking-over-jobs argument, this may be it...

PUBLISHED May 22, 2020 05:50 AM
EDITORIAL

In stock markets, economic reality is suspended

IF EQUITY markets were forward-looking, anticipatory mechanisms, then it would seem as...

PUBLISHED May 22, 2020 05:50 AM

Do the poorest Indians need self-reliance or a helping hand?

THE theme of "self reliance" running through the Indian government's US$265 billion...

PUBLISHED May 22, 2020 05:50 AM

In times of turbulence, the world needs physical commodity traders

TURBULENT markets, such as those triggered by the Covid-19 crisis, inevitably raise...

PUBLISHED May 22, 2020 05:50 AM

What Elvis, Michael Jackson and Trump have in common

WELL, well.US President Donald Trump says he has spent the last week and a half...

PUBLISHED May 22, 2020 05:50 AM

Lifestyle

DINING IN

Promising new kids on the block

THE restaurant's name is LUMO, but any light it hoped to shine on the local F&B...

PUBLISHED May 22, 2020 05:50 AM

Dining Well in a Pandemic

YOU COULD SAY the writing - or make that icing - was on the wall. The last-minute run...

PUBLISHED May 22, 2020 05:50 AM

Liling Ong, Restaurateur

IN SOME WAYS, Covid-19 has helped open the layman’s eyes to the various challenges...

PUBLISHED May 22, 2020 05:50 AM
BUZZ!

What's Up This Week

For designers and those who just love looking at beautiful things, a new large-format...

PUBLISHED May 22, 2020 05:50 AM

Art of the Table

EATING YOUR GREENS takes on new meaning at Hermès, which has just launched a new...

PUBLISHED May 22, 2020 05:50 AM

Taking Design Online

DESIGN MUSEUMS MAY not be considered essential businesses, but they’ve made sure you’...

PUBLISHED May 22, 2020 05:50 AM

Focusing on the Present

WE’RE ALMOST midway through 2020 and thanks to the Covid-19 pandemic, many are left...

PUBLISHED May 22, 2020 05:50 AM

Arts S.O.S.

One of the biggest champions of young playwrights, Checkpoint Theatre had to drop two...

PUBLISHED May 22, 2020 05:50 AM

Running from the pandemic

WHEN COVID-19 EMERGED as the biggest public health threat since the 1918 influenza,...

PUBLISHED May 22, 2020 05:50 AM

Miss flying? Here’s an antidote

NETFLIX HAS JUST released what may be the best kind of counterintuitive programming in...

PUBLISHED May 22, 2020 05:50 AM

Soy Goodness

SOYBEANS ARE USUALLY used to make tempeh, tofu, soy sauce, soy milk, and tau huay.

PUBLISHED May 22, 2020 05:50 AM

BREAKING NEWS

May 25, 2020 07:06 PM

Vietnam plans 15.84t dong tax cut for small businesses

[HANOI] Vietnam is planning a 15.84 trillion dong (S$968.9 million) cut in corporate income tax for small-sized...

May 25, 2020 07:04 PM

Singapore's APL England loses cargo in heavy Australian seas

[SYDNEY] A Singapore-flagged cargo ship lost at least 40 containers in deep waters off the coast of Sydney when they...

May 25, 2020 07:01 PM

Volkswagen loses landmark German case as diesel owners stand to receive damages

[KARLSRUHE] A German federal court judge ruled that Volkswagen has to pay compensation to motorists who purchased...

May 25, 2020 06:58 PM

S Korean cafe hires robot barista to help with social distancing

[DAEJEON] The new robot barista at the cafe in Daejeon, South Korea, is courteous and swift as it seamlessly makes...

May 25, 2020 06:56 PM

Eurozone bond yields steady; focus remains on recovery fund

[LONDON] Eurozone bond yields were steady on Monday, as the market overlooked a paper from Austria, Sweden, Denmark...

May 25, 2020 06:53 PM

Renault must join French-German battery project: minister

[PARIS] Renault will have to join a French-German project developing batteries in order to receive a five billion...