Saturday, May 23, 2020

TOP STORIES

Aviation's darkest hour

IN April last year, Changi Airport saw 5.58 million passengers breeze through its...

PUBLISHED May 23, 2020 05:50 AM
MARKET TURMOIL

New security law on Hong Kong spooks Asian markets

OPTIMISM from the gradual reopening of global economies was shaken on Friday by news...

PUBLISHED May 23, 2020 05:50 AM

Hong Kong will cooperate with China, says Carrie Lam; city braces for protests

HONG Kong braced for fresh demonstrations Friday and into the weekend after China...

PUBLISHED May 23, 2020 05:50 AM

China drops 2020 GDP target amid pandemic uncertainties

CHINA has not set a gross domestic product target this year, a move widely expected by...

PUBLISHED May 23, 2020 05:50 AM

Plane crashes in Pakistan with 99 on board, many feared dead

A PAKISTAN International Airlines (PIA) plane with 99 passengers and crew crashed into...

PUBLISHED May 23, 2020 05:50 AM
VIRUS OUTBREAK

Many merchants, hawkers may not survive another 4-6 weeks of closure

MANY heartland merchants and hawkers may not survive another four to six weeks of...

PUBLISHED May 23, 2020 05:50 AM
VIRUS OUTBREAK

614 new Covid-19 cases in Singapore, taking total count to 30,426

THERE were 614 new Covid-19 cases confirmed in Singapore on Friday, taking the total...

PUBLISHED May 23, 2020 05:50 AM

Dialling up the future of call centres at banks

HERE'S a peek into the future of customer centres at banks. An online transaction...

PUBLISHED May 23, 2020 05:50 AM

Japan core consumer prices slip into deflation for first time in 3 years

JAPAN'S core consumer prices fell for the first time in more than three years in April...

PUBLISHED May 23, 2020 05:50 AM

Property consultants point to snags in fair tenancy framework recommendations

THE proposals suggested by the Fair Tenancy Framework Industry Committee (FTFIC) might...

PUBLISHED May 23, 2020 05:50 AM

New Q1 sales in Singapore life insurance sector grows 10%

NEW business in Singapore's life insurance industry, in terms of total weighted...

PUBLISHED May 23, 2020 05:50 AM

Exceptional circumstances required use of Singapore's reserves

SINGAPORE'S very existence is at stake as it battles the coronavirus pandemic, and the...

PUBLISHED May 23, 2020 05:50 AM

COMPANIES & MARKETS

ComfortDelGro Q1 net profit halves on weak ridership amid virus outbreak

THE net profit for transport giant ComfortDelGro Corporation fell 48.9 per cent on the...

PUBLISHED May 23, 2020 05:50 AM

StarHub cybersecurity unit has promising start; working towards full-year profitability

MAINBOARD-LISTED StarHub is working to grow its cyber security arm's top and bottom...

PUBLISHED May 23, 2020 05:50 AM
VIRUS OUTBREAK: BT EXCLUSIVE

Singapore-listed healthcare firms stay pat on long-term plans amid pandemic pains

AS Singapore's hardy healthcare firms are beset by evaporating medical tourism and...

PUBLISHED May 23, 2020 05:50 AM
VIRUS OUTBREAK

LMIRT extends Indonesia retail closures to June 4, reopens Kendari mall

LIPPO Malls Indonesia Retail Trust (LMIRT) will be extending the temporary closure of...

PUBLISHED May 23, 2020 05:50 AM

CapitaLand to launch e-commerce, online food ordering platform

CAPITALAND on Friday said it will be launching an e-commerce platform eCapitaMall as...

PUBLISHED May 23, 2020 05:50 AM

Geo Energy's move to improve financial flexibility at noteholders' expense: Moody's

INDONESIAN coal producer Geo Energy Resources' consent solicitation and tender offer...

PUBLISHED May 23, 2020 05:50 AM

Koufu delays opening of new outlets and integrated facility till Q3 amid Covid-19

KOUFU on Friday said the openings of two food courts and two R&B bubble tea kiosks...

PUBLISHED May 23, 2020 05:50 AM

South-east Asian PE firms turn cautious despite buying opportunity: report

DESPITE being loaded with dry powder, the South-east Asian private equity (PE)...

PUBLISHED May 23, 2020 05:50 AM

SK Jewellery cancels dividend to conserve cash amid Covid-19

SK Jewellery Group on Friday said it is cancelling a proposed dividend of 0.5...

PUBLISHED May 23, 2020 05:50 AM
STOCKS

STI, Asian bourses in the red on HK security law jitters

SINGAPORE shares closed sharply lower as sentiments across the region were hit by...

PUBLISHED May 23, 2020 05:50 AM

Corporate digest

THE hotelier has closed the order book for S$170 million of five-year notes, recording...

PUBLISHED May 23, 2020 05:50 AM

REAL ESTATE

Venturing back into the office

ANTICIPATION is running high for June 1, when Singapore's circuit breaker is set to...

PUBLISHED May 23, 2020 05:50 AM
PUBLISHED May 23, 2020 05:50 AM

TECHNOLOGY

THE BROAD VIEW

Facebook starts planning for permanent remote workers

FACEBOOK said on Thursday that it would allow many employees to work from home...

PUBLISHED May 23, 2020 05:50 AM

TRANSPORT

THE BROAD VIEW

At the airport, expect plexiglass, face masks, long queues

FOR as long as most of us can remember, air travel hasn't been a whole lot of fun. As...

PUBLISHED May 23, 2020 05:50 AM

GOVERNMENT & ECONOMY

PERSPECTIVE

The coronavirus recovery is doomed before it even begins

THE coronavirus recovery is in trouble before it even begins. As swiftly as the...

PUBLISHED May 23, 2020 05:50 AM

LIFE & CULTURE

THE FINISH LINE

Tiger Woods' return puts his cranky back in spotlight again

THE charity golf exhibition with Rory McIlroy and friends was a nice opening act, but...

PUBLISHED May 23, 2020 05:50 AM

You don't need whiskey for an Old-Fashioned, or vodka for a Cosmo

COMFORT is often sought in the familiar: sitcom reruns, well-worn books, family...

PUBLISHED May 23, 2020 05:50 AM
SASS AND THE CITY

These are a few of my favourite pre-pandemic things

"Thus each of us had to be content to live only for the day, alone under the vast...

PUBLISHED May 23, 2020 05:50 AM
HEALTH

How to live to 100

FROM 1960 till 2020, there has been a 28-fold increase in the number of centenarians....

PUBLISHED May 23, 2020 05:50 AM

THE RAFFLES CONVERSATION

Pushing the envelope

EVEN as e-commerce has largely been a boon for consumers, offering options and...

PUBLISHED May 23, 2020 05:50 AM

WEALTH & INVESTING

MSCI makes ESG ratings available for funds and ETFs

THE desire to invest sustainably is often cited as a megatrend particularly among...

PUBLISHED May 23, 2020 05:50 AM
THIS TIME IS DIFFERENT

The disconnect between stock prices and the economy

A DEAFENING chorus has emerged since the stock market bottomed in late March and then...

PUBLISHED May 23, 2020 05:50 AM
INSIGHTS FROM CFA SOCIETY SINGAPORE

Anatomy of a bona fide ESG fund

MANY fund management companies have caught on to the responsible investing trend. Fund...

PUBLISHED May 23, 2020 05:50 AM
DIARY OF A PRIVATE INVESTOR

Have dividends had their day?

LATELY, there has been a lot written about dividends - or more precisely, the possible...

PUBLISHED May 23, 2020 05:50 AM
GOLD REPORT

Gold expected to close week on a quiet, slightly weaker note

COMEX gold futures started the week on a firm note during Asian trading on Monday, on...

PUBLISHED May 23, 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...