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Month: July 2020

Posted on 03/07/2020

Coronavirus: Status of Standard Chartered Singapore Marathon will be determined by ‘safe management measures’

A decision on whether the Standard Chartered Singapore Marathon (SCSM) will proceed as planned in December "will be guided by the prevailing safe management measures in Singapore", organisers told The ... ( read original story ...)

Posted on 03/07/2020

Singapore should suspend its ‘very regressive’ GST policy till 2021, says opposition party

Singapore Democratic Party (SDP) chairman Paul Tambyah calls on the government to "put more money in the pockets of consumers" given the coronavirus outbreak, such as by suspending the country's "very ... ( read original story ...)

Posted on 03/07/2020

DBS, Schroders launch multi-asset fund for retirement income planning

DBS and Schroder Investment Management Singapore (Schroders Singapore) on Friday (July 3) announced the launch of a multi-asset fund for retirement income planning, named Schroder Asia More+.. Read ... ( read original story ...)

Posted on 03/07/2020

Historic Plunge for Singapore Retail Sales Shows Lockdown Pain

Singapore’s retail sales plunged in May by the most since records began in 1986, signaling the economic hit from lockdown restrictions could be worse than earlier anticipated. ( read original story ...)

Posted on 03/07/2020

Singapore government arm backs laser startup as 5G race heats up

A Singapore government arm has invested in Transcelestial, a local startup developing low-cost networking equipment, as the race for 5G rollout intensifies across Asia. Founded in 2016, Transcelestial ... ( read original story ...)

Posted on 03/07/2020

Exclusive: Banks to tighten lending practices for Singapore commodity sector – sources

Commodity trade financiers in Singapore are teaming up to strengthen lending practices and improve transparency in the sector following a spate of defaults at trading firms, four sources with ... ( read original story ...)

Posted on 03/07/2020

Singapore Nascent Stock Rebound Seen Picking Up Pace After Polls

A new mandate to govern Singapore during the pandemic can bode well for the nascent rebound in the nation’s $383 billion stock market. ( read original story ...)

Posted on 03/07/2020

Singapore stock watch: UOB, DBS, OCBC, Sembcorp, Halcycon Agri, Q&M Dental, Hatten Land

SINGAPORE (THE BUSINESS TIMES) - The following companies saw new developments that may affect trading of their securities on Friday (July 3): United Overseas Bank (UOB): Singapore's third-largest ... ( read original story ...)

Posted on 03/07/2020

Singapore’s Temasek delays annual report due to pandemic

Singapore state investor Temasek Holdings said on Thursday it had delayed its annual report until September as the coronavirus pandemic had affected financial reporting for many of its portfolio ... ( read original story ...)

Posted on 03/07/2020

Singapore watchdog raises concerns about LSE’s proposed Refinitiv acquisition

Singapore's competition authority said on Thursday it had raised concerns about the London Stock Exchange's proposed $27 billion acquisition of data and analytics company Refinitiv in an initial ... ( read original story ...)

Posted on 03/07/2020

Singapore Decides on 5G Networks: Is Huawei Banned?

Is Huawei banned in Singapore? The question has profound implications, as its answer could be construed as Singapore choosing sides in the great power rivalry between China and the United States. On ... ( read original story ...)

Posted on 02/07/2020

How Thermal Screening Can Help Detect COVID-19 in the Workplace

As the coronavirus pandemic subsides — whenever that might be — businesses will be figuring out how to reopen in a manner that’s safe for employees as well as for customers. One valuable tool is ... ( read original story ...)

Posted on 02/07/2020

Exclusive: Banks in Singapore in talks to tighten lending practices for troubled commodity sector

Commodity trade financiers in Singapore are teaming up to strengthen lending practices and improve transparency in the sector following a spate of defaults at trading firms, four sources with ... ( read original story ...)

Posted on 02/07/2020

Nando’s Capitalizes On Singapore Deputy PM’s Election Speech Flub

As election campaigning takes off in Singapore, some companies have been quick to capitalize after Deputy Prime Minister Heng Swee Keat tripped over his words in a speech. ( read original story ...)

Posted on 02/07/2020

Dollar on defensive as investors await U.S. jobs data

The dollar was on the defensive against more growth-sensitive currencies on Thursday, following upbeat U.S. and European economic data, though worries about the coronavirus blunted more aggressive ... ( read original story ...)

Posted on 02/07/2020

UPDATE 1-Taiwan’s Formosa expects gasoline exports to halve in 2020

SINGAPORE, July 2 (Reuters) - Taiwan’s Formosa Petrochemical Corp expects to cut its gasoline exports by about half in 2020 as the coronavirus crisis dents demand, a spokesman said on Thursday. ( read original story ...)

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