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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
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 ...)
Exclusive: Banks in Singapore in talks to bolster 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 ...)
POSB’s animated film on parents’ sacrifices sees 187% increase in lead gen
The film stars POSB’s very own Po family, brought to life in an animated universe, in a children's storybook format. ( read original story ...)
Singapore’s Election Campaigns to Focus on Jobs Amid Pandemic
Singapore’s Foreign Affairs Minister Vivian Balakrishnan said in a debate that 60,000 foreigners lost their jobs in the first five months of this year due to the coronavirus outbreak. ( read original story ...)