The shock suspension of Ant Group's massive share offering and a possible Joe Biden U.S. presidency have become fresh tailwinds for China's stock market, as investors rush to snap up a piece of an ... ( read original story ...)
Coronavirus Still Impacting Singapore’s Commercial Property Market in Q3
According to real estate consultant Edmund Tie, the office climate in Singapore was relatively subdued in Q3 2020 as the majority of the workforce continued to work from home as a default venue from ... ( read original story ...)
Property sector to benefit from RM15 billion spending for rail and road projects
Johor Bahru-Singapore Rapid Transit System, and Klang Valley's Mass Rapid Transit Line 3. Leong said Mah Sing stands to benefit a great deal from the allocation as several of the group's property ... ( read original story ...)
StanChart recognised for strong D&I commitment
Standard Chartered Bank Singapore was awarded the EDGE certification for its ongoing commitment to advancing gender equality. The bank is the first institution in the city-state to achieve the ... ( read original story ...)
Singapore: High street looks under pressure – UOB
Barnabas Gan, Economist at UOB Group, reviewed the recent results from retail sales in Singapore. Key Quotes “Singapore retail sales plummeted 10.8% y/y (-4.5% m/m sa) in Septem ... ( read original story ...)
Singapore Airlines Suffers Record Loss As Virus Hits Aviation
Singapore Airlines on Friday reported a record net loss for its fiscal second quarter as the carrier continued to reel from the impact of the coronavirus pandemic on global air travel. The airline, ... ( read original story ...)
Singapore Airlines sinks to record quarterly loss on pandemic, impairments
Singapore Airlines Ltd reported on Friday a record S$2.34 billion ($1.74 billion) net loss for the July-September quarter, hit by a plunge in passenger numbers due to the COVID-19 pandemic and ... ( read original story ...)
Singapore Air Reports Its Biggest-Ever Loss
Singapore Airlines Ltd. posted its biggest ever quarterly loss as the coronavirus decimated travel demand and fuel hedging and fleet impairment charges weighed on its bottom line. ( read original story ...)
All aboard: Singapore ‘cruise to nowhere’ sets sail
Hundreds of passengers were setting sail from Singapore Friday on a "cruise to nowhere" with safety measures in place to prevent coronavirus outbreaks, as the industry seeks to bounce back from a ... ( read original story ...)
Singapore Airlines posts record $1.7 bln loss in second quarter on pandemic impact
Singapore Airlines Ltd on Friday reported a record S$2.34 billion ($1.74 billion) net loss for the July-September quarter, dragged down by a pandemic-induced fall in passenger traffic and ... ( read original story ...)
Diversification, demographics and domestic growth are 3 opportunities for Singapore-China cooperation: Chan Chun Sing
China's rebalancing of domestic and export growth drivers, diversification of its markets and supply chains, and changing demographics are three areas that present opportunities for future cooperation ... ( read original story ...)
Green finance among options Singapore needs to adopt to achieve climate and economic goals
To ensure economic growth and fight climate change at the same time, Singapore needs to leverage green finance and mobilise capital for low-carbon investments, said Minister of State for ... ( read original story ...)
Ant Group to push ahead still with S’pore digital bank licence application after IPO scrapped
MAS will issue up to two digital full bank licences and three digital wholesale bank licences.. Read more at straitstimes.com. ( read original story ...)
Singapore banks’ Q3 profit beat expectations
SINGAPORE: DBS and OCBC saw a fall in third-quarter net profit as they set aside more allowances against potential bad loans amid the coronavirus pandemic, joining United Overseas Bank which reported ... ( read original story ...)
Where exactly is the funding going in Singapore’s tech and startup ecosystem?
In 2020 so far, over US$3 billion in funding – across 201 deals – was poured into various industries in the Lion City. Hover over each circle to see more details “Singapore continues to be a desirable ... ( read original story ...)
Ferrari and Bentley Find Buyers in Singapore Despite the Pandemic
Sales of luxury cars in Singapore remain resilient despite the economic fallout from the coronavirus pandemic, the Business Times reported Friday, citing data from the Land Transport Authority and ... ( read original story ...)