Wednesday, Jan 13, 2021

TOP STORIES

BT EXCLUSIVE: GARAGE

Right physical asset balance key to success of grocery delivery players

COMPETITION in Singapore's online grocery delivery sector is intensifying, as more vie...

PUBLISHED Jan 13, 2021 05:50 AM
VIRUS OUTBREAK: MALAYSIA MCO

Singapore F&B sector braces for labour, cost squeeze from MCO

MALAYSIA'S latest Movement Control Order (MCO) will exacerbate a manpower shortage and...

PUBLISHED Jan 13, 2021 05:50 AM
VIRUS OUTBREAK: MALAYSIA MCO

Analysts expect Malaysia's MCO to be extended

MALAYSIA'S Movement Control Order (MCO), in effect from Wednesday for two weeks, is...

PUBLISHED Jan 13, 2021 05:50 AM
COMMENTARY

Sea can pass on S-E Asian deal frenzy

MERGER and acquisition talks are swirling around South-east Asia's hot technology...

PUBLISHED Jan 13, 2021 05:50 AM
VIRUS OUTBREAK: MALAYSIA MCO

Malaysia's latest curbs to have limited impact on Singapore: economists

SINGAPORE may not be too greatly affected by Malaysia's state of emergency and its...

PUBLISHED Jan 13, 2021 05:50 AM
VIRUS OUTBREAK: MALAYSIA MCO

State of emergency suspends KL parliament for first time since 1969; allows Muhyiddin election breather

MALAYSIA'S King declared a nationwide state of emergency for the first time in more...

PUBLISHED Jan 13, 2021 05:50 AM

Labour recovery from Covid-19 needs coordination: Tharman

HANDLING the labour market shock wrought by the Covid-19 pandemic requires "high-...

PUBLISHED Jan 13, 2021 05:50 AM

Innovation centre to develop Singapore as base for advanced manufacturers

AN innovation centre aimed at boosting the competitiveness of Singapore's electronics...

PUBLISHED Jan 13, 2021 05:50 AM
OBITUARY

Sheldon Adelson, founder of Las Vegas Sands, dies at 87

SHELDON Adelson, who built the largest casino company in the world and used his wealth...

PUBLISHED Jan 13, 2021 05:50 AM

COMPANIES & MARKETS

HOCK LOCK SIEW

Oil and gas firms likely to be spared steep impairment that ravaged them in 2020

IT's too early to say if oil's robust start in 2021, led by output cuts and vaccine...

PUBLISHED Jan 13, 2021 05:50 AM

GIC retains position as most active state-owned investor: report

SINGAPORE'S GIC retained its position as most active state-owned investor (SOI) for...

PUBLISHED Jan 13, 2021 05:50 AM

Sunpower inks steam supply deal in China

MAINBOARD-LISTED Sunpower Group is buying four sets of boilers for 100 million yuan (S...

PUBLISHED Jan 13, 2021 05:50 AM

Corporate digest

Enviro-Hub Holdings

PUBLISHED Jan 13, 2021 05:50 AM

SGX RegCo announces enhanced rules for auditors, valuers

SINGAPORE Exchange Regulation (SGX RegCo) on Tuesday announced enhancements to rules...

PUBLISHED Jan 13, 2021 05:50 AM

Clients' liquidity, viability top worries for audit committees: poll

DIGITALISATION and the Covid-19 pandemic added to the workload of audit committees (...

PUBLISHED Jan 13, 2021 05:50 AM
STOCKS

Singapore stocks extend losses on Tuesday, STI down 0.23%

SINGAPORE stocks ended in the red on Tuesday, with the Straits Times Index (STI) down...

PUBLISHED Jan 13, 2021 05:50 AM
CURRENCIES

US dollar holds firm as Treasury yield jumps

THE US dollar held onto its recent gains on Tuesday after a spike in US Treasury...

PUBLISHED Jan 13, 2021 05:50 AM

REAL ESTATE

Singapore resale condo market robust despite pandemic, with prices up 1.4% in 2020

WITH the breathless pursuit of property in Singapore despite the Covid-19 pandemic,...

PUBLISHED Jan 13, 2021 05:50 AM

Blackstone to buy Sandcrawler building in Singapore for S$176m

US PRIVATE equity giant Blackstone Group is planning to buy Lucas Real Estate...

PUBLISHED Jan 13, 2021 05:50 AM

Investors have a new default worry in China's debt market

INVESTOR confidence in China Fortune Land Development Co is tumbling as concerns grow...

PUBLISHED Jan 13, 2021 05:50 AM

Former Trump property aims to be Palm Beach's most expensive ever

PALM Beach real estate is on a hot streak attributed variously to Covid-19, the state...

PUBLISHED Jan 13, 2021 05:50 AM

BANKING & FINANCE

Bad debt surge threatens India's financial stability: RBI

INDIA'S central bank expects banks' bad loan ratios to almost double this year and...

PUBLISHED Jan 13, 2021 05:50 AM

Trump's long-favoured banks pull back amid riot fallout

TWO of Donald Trump's favoured banks are pulling away from the billionaire president...

PUBLISHED Jan 13, 2021 05:50 AM

China plans to let banks sell soured personal loans to ease risks

CHINA plans to allow some commercial banks to start selling soured personal loans to...

PUBLISHED Jan 13, 2021 05:50 AM

Markets search for China's 'red line' as yuan starts year with jump

THE yuan's hot start to 2021 has been met with unease from Chinese authorities,...

PUBLISHED Jan 13, 2021 05:50 AM

UBS lowering threshold to charge depositors for negative rates, closing 40 Swiss branches

UBS Group plans to lower the threshold for customer deposits that will be subject to a...

PUBLISHED Jan 13, 2021 05:50 AM

TECHNOLOGY

Microsoft, Facebook, Google to halt political donations after US riot

FACEBOOK, Google and Microsoft said they would pause political contributions after a...

PUBLISHED Jan 13, 2021 05:50 AM

CONSUMER

China make-up ad pulled for victim-blaming

A CHINESE advert for make-up wipes which linked a woman's appearance to the likelihood...

PUBLISHED Jan 13, 2021 05:50 AM

TRANSPORT

Indonesia finds black box from Sriwijaya Air's plane crash

INDONESIAN authorities have retrieved one of the black boxes from a Sriwijaya Air...

PUBLISHED Jan 13, 2021 05:50 AM
STRAIT TALK

Is cruising set to bounce back?

OF ALL of shipping's sectors the cruise ship business has been the hardest hit. With...

PUBLISHED Jan 13, 2021 05:50 AM

Ford to close Brazil manufacturing operations after more than a century

FORD Motor Co is ceasing manufacturing operations in Brazil after more than 100 years...

PUBLISHED Jan 13, 2021 05:50 AM

GOVERNMENT & ECONOMY

Thailand unveils 210 billion-baht stimulus to counter virus impact

THAILAND unveiled stimulus programmes including cash handouts worth 210 billion baht (...

PUBLISHED Jan 13, 2021 05:50 AM
HERE IN ASIA

APAC firms have shown 'remarkable resilience' amid pandemic: Vodafone

THE new Covid-19 variant will amplify the differences in economic performances, but...

PUBLISHED Jan 13, 2021 05:50 AM

China puts 5 million in Hebei under lockdown to eradicate Covid cluster

CHINESE authorities sealed off a city of almost five million people and imposed strict...

PUBLISHED Jan 13, 2021 05:50 AM

LIFE & CULTURE

Simon Rattle to leave London Symphony Orchestra for Munich

SIMON Rattle, the acclaimed British-born conductor, returned to his home country...

PUBLISHED Jan 13, 2021 05:50 AM

From the music hall to ballet royalty: A British tale

EDOUARD Espinosa, a London dance teacher, once said in 1916 that "it is absolute...

PUBLISHED Jan 13, 2021 05:50 AM

WEALTH & INVESTING

A SMART LOOK AT INVESTING

How to position your stocks for success in 2021 and beyond

AS we welcome the new year, many of are eager to leave 2020 behind. Last year proved...

PUBLISHED Jan 13, 2021 05:50 AM
INSIGHTS FROM CFA SOCIETY SINGAPORE

Asia-Pacific can lead in race to save the ocean economy

"UNPRECEDENTED" might be judged the most used adjective of 2020, and too often for...

PUBLISHED Jan 13, 2021 05:50 AM
CIO CORNER

Tilting towards value equities in 2021

WE maintain a bullish outlook for global equities in general for 2021. However, we are...

PUBLISHED Jan 13, 2021 05:50 AM

ESG investments to drive growth for asset managers: IMAS survey

ENVIRONMENTAL, social and governance (ESG) investments are expected to drive growth...

PUBLISHED Jan 13, 2021 05:50 AM

Cash piles, hostile bids set stage for a wild Japan M&A year

JAPANESE dealmaking was resurgent in the second half of 2020, with acquisitions...

PUBLISHED Jan 13, 2021 05:50 AM

OPINION

Wake up the mob . . . at your own risk

RENOWNED Irish philosopher and statesman Edmund Burke once wrote: "Anger and madness...

PUBLISHED Jan 13, 2021 05:50 AM
EDITORIAL

'Global Britain' campaign postponed on Covid-19 resurgence

FOLLOWING last month's EU-UK trade deal, Prime Minister Boris Johnson had planned to...

PUBLISHED Jan 13, 2021 05:50 AM
THE BOTTOM LINE

The Brexit boon to Europe and the US

MOST Europeans are happy that Joe Biden will be the next president of the United...

PUBLISHED Jan 13, 2021 05:50 AM

2021's key trends in healthcare management and delivery

IF 2020 is to be remembered as the year the world came to an almost complete...

PUBLISHED Jan 13, 2021 05:50 AM

Four key trends in Asia's banking sector in 2021

THE year 2020 was a challenging year for the banking sector in Singapore, with years...

PUBLISHED Jan 13, 2021 05:50 AM

How advisory boards can raise the bar on ESG advocacy

THE board of directors of a large family-owned conglomerate in Asia was intensely...

PUBLISHED Jan 13, 2021 05:50 AM