Thursday, Oct 15, 2020

TOP STORIES

SINGAPORE ECONOMY

Singapore poised for K-shaped recovery following Q3 rebound

A K-SHAPED recovery for the Singapore economy seems the most likely outcome, with IT,...

PUBLISHED Oct 15, 2020 05:50 AM
BT EXCLUSIVE

Liquidity drying up for VC firms as investments age

THE pressure is mounting on venture capital (VC) funds to show real cash returns to...

PUBLISHED Oct 15, 2020 05:50 AM

When a burger patty isn't from a cow ...

IN the not-so-distant future, the hamburger you eat may not have started out as a cow...

PUBLISHED Oct 15, 2020 05:50 AM
CORPORATE GOVERNANCE

Trusts' corporate governance scores 'have stagnated or regressed'

NETLINK NBN Trust has retained its No.1 spot in the Governance Index for Trusts (GIFT...

PUBLISHED Oct 15, 2020 05:50 AM
VIRUS OUTBREAK: PARLIAMENT

Growth, jobs, and fiscal matters main themes of debate as MPs highlight areas of concern

AS ECONOMIC reopening continues amid the Covid-19 pandemic, pilot schemes - safe...

PUBLISHED Oct 15, 2020 05:50 AM
VIRUS OUTBREAK: PARLIAMENT

Teething problems in job-matching sorted: minister

SOME kinks emerged early in the drive to match job-seekers with opportunities, but...

PUBLISHED Oct 15, 2020 05:50 AM
BT EXCLUSIVE

KidZania Singapore owes S$53m to over 1,000 creditors

KHAZANAH-BACKED family attraction KidZania Singapore, now under liquidation, owes S$53...

PUBLISHED Oct 15, 2020 05:50 AM
MONETARY POLICY

MAS Singdollar policy tipped to be in neutral gear for a while

THE Singapore dollar nominal effective exchange rate (SGDNEER) path may not return to...

PUBLISHED Oct 15, 2020 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Slow recovery a setback for hotels, but there're encouraging signs

THE recovery for the travel industry remains slower than expected, throwing a spanner...

PUBLISHED Oct 15, 2020 05:50 AM

Corporate digest

MAINBOARD-LISTED Chinese canned vegetable and fruits producer Sino Grandness Food...

PUBLISHED Oct 15, 2020 05:50 AM
HYFLUX SAGA

Court grants 'last' adjournment for JM application for Hyflux

IT'S a last chance for Hyflux to bring a firmer conclusion to one of the current three...

PUBLISHED Oct 15, 2020 05:50 AM

Tycoon Oei Hong Leong discontinues legal action against Raffles Education

RAFFLES Education Corp (REC) substantial shareholder Oei Hong Leong has discontinued...

PUBLISHED Oct 15, 2020 05:50 AM

Seven linked to Keppel FELS charged with bribery-related offences

SEVEN individuals, including an employee and three subcontractors of Keppel FELS - a...

PUBLISHED Oct 15, 2020 05:50 AM

ST Engineering flexes its muscles during pandemic

IT took only two weeks for ST Engineering to set up a medical mask production facility...

PUBLISHED Oct 15, 2020 05:50 AM
HOT STOCKS

PPE supplier Medtecs' share price swings to end lower

MEDICAL products supplier Medtecs International's stellar third-quarter results -...

PUBLISHED Oct 15, 2020 05:50 AM
HOT STOCKS

SPH down almost 5% on first ever loss

SHARES of Singapore Press Holdings (SPH) sank on Wednesday as the board slashed...

PUBLISHED Oct 15, 2020 05:50 AM
STOCKS

Singapore shares fall despite economic contraction easing

UNCERTAINTIES surrounding the coronavirus vaccine and stimulus talks in the United...

PUBLISHED Oct 15, 2020 05:50 AM
COMMENTARY

US dollar holds on to gains; euro hits nine-day low

THE US dollar index held its recent gains on Wednesday and the euro touched a nine-day...

PUBLISHED Oct 15, 2020 05:50 AM

REAL ESTATE

Mediacorp puts former Caldecott Hill site for sale

THE sprawling seven-hectare leasehold plot that used to house the iconic Caldecott...

PUBLISHED Oct 15, 2020 05:50 AM

HDB rental volume jumps in September as Malaysian workers return to Singapore

THE phased reopening of Singapore's border with Malaysia boosted the property rental...

PUBLISHED Oct 15, 2020 05:50 AM

Evergrande deal misses target after it cuts out founder's rich friends

CHINA Evergrande Group broke with precedent this week by excluding friends of...

PUBLISHED Oct 15, 2020 05:50 AM

China's President Xi backs stronger property rights, protection for Shenzhen entrepreneurs

SHENZHEN will strengthen property rights and protection of entrepreneurs, China's...

PUBLISHED Oct 15, 2020 05:50 AM

JPMorgan sticks with plan to build giant New York headquarters

JPMORGAN Chase & Co is forging ahead with plans to build a mammoth new...

PUBLISHED Oct 15, 2020 05:50 AM

BANKING & FINANCE

Goldman Sachs posts best results in a decade

GOLDMAN Sachs Group Inc on Wednesday posted its best quarterly performance in a decade...

PUBLISHED Oct 15, 2020 05:50 AM

Citigroup's Corbat asked to prove bank isn't next Wells Fargo

A PUBLIC slap from regulators, new limits on dealmaking and a surprise handover of the...

PUBLISHED Oct 15, 2020 05:50 AM

ENERGY & COMMODITIES

Prices of metals key gauge of global recovery

THE performance of industrial metals will be a key indicator of just how much the...

PUBLISHED Oct 15, 2020 05:50 AM

TECHNOLOGY

Apple enters 5G race with new iPhone 12 range

APPLE announced the launch of its next-generation iPhone 12 on Tuesday, with faster 5G...

PUBLISHED Oct 15, 2020 05:50 AM

TRANSPORT

OPINION

Shipping needs tighter limits on greenhouse-gas emissions

SHIPPING emits a much greater share of greenhouse-gas emissions than you might think...

PUBLISHED Oct 15, 2020 05:50 AM

GOVERNMENT & ECONOMY

Digital economy holds a large chunk of new opportunities: Chan

THE global economy faces a fundamental choice between integration or fragmentation,...

PUBLISHED Oct 15, 2020 05:50 AM
PARLIAMENT

MOM actively monitoring shifts in remote working

THE Ministry of Manpower (MOM) is actively monitoring shifts in workplace practices...

PUBLISHED Oct 15, 2020 05:50 AM

Ardern on course for victory in New Zealand's 'Covid election'

THERE were no masks in sight as about 1,000 university students gave Jacinda Ardern a...

PUBLISHED Oct 15, 2020 05:50 AM

Thai protesters and police face off as tensions rise in Bangkok

THOUSANDS of Thai protesters came face to face with police and pro-establishment...

PUBLISHED Oct 15, 2020 05:50 AM

LIFE & CULTURE

BTS' US$800m IPO backed by army of fans

IT'S 10.30 on a Monday night, and Ashley Hackworth is putting the final touches on a...

PUBLISHED Oct 15, 2020 05:50 AM

India's prolific film industry hinges on cinemas reopening

IN movie-mad India, millions of filmgoers are excitedly waiting for cinemas to reopen...

PUBLISHED Oct 15, 2020 05:50 AM

OPINION

Investors not pricing in broader climate risks

CLIMATE change is a complex and poorly understood problem, yet I believe it to be one...

PUBLISHED Oct 15, 2020 05:50 AM
THE BOTTOM LINE

Bidenomics vs Trumponomics: Similar spending, very different outcomes

THE US economy is making every effort to claw its way back from the sharpest downturn...

PUBLISHED Oct 15, 2020 05:50 AM
EDITORIAL

Time to start thinking about debt repayment, restructuring

EVEN as Singapore prepares to open the economy further under a Phase 3 plan, things...

PUBLISHED Oct 15, 2020 05:50 AM

Tweaks to the scoring for governance index prepare trusts for more volatile weather

IN our article "A refined 'GIFT' for a changed world" (The Business Times, July 21),...

PUBLISHED Oct 15, 2020 05:50 AM

Omnibus law charts new direction for Indonesia

ONCE again Indonesia finds itself at a critical crossroads. An economy that is fast...

PUBLISHED Oct 15, 2020 05:50 AM

BREAKING NEWS

Oct 23, 2020 04:33 PM

Nanofilm's IPO shares priced at S$2.59, promising market cap of S$1.7b

NANOFILM Technologies, the spin-off company of Nanyang Technological University (NTU) on Friday lodged its final...

Oct 23, 2020 04:27 PM

Stars are aligned for cheap hedging costs to drive yen gains

[NEW YORK] It's been getting cheaper for Japanese investors to hedge their foreign-exchange risk and that has the...

Oct 23, 2020 04:25 PM

250 allowed at MMA show as fans return in Singapore

[SINGAPORE] Singapore will allow fans at a sports event for the first time in months when limited numbers attend a...

Oct 23, 2020 04:25 PM

Hong Kong: Stocks end the week on a positive note

[HONG KONG] Hong Kong shares finished Friday with gains as traders keep tabs on US stimulus talks, while the last...

Oct 23, 2020 04:20 PM

Euro zone business activity contracts in Oct as Covid-19 resurges

[LONDON] Euro zone economic activity has slipped back into decline this month as renewed restrictions to control the...

Oct 23, 2020 04:09 PM

David Hockney work sold by Royal Opera House fetches £12.9m

[LONDON] A painting by British artist David Hockney sold by the Royal Opera House in London to raise funds to help...