The Singapore Business Times

Singapore stocks with China exposure ride country's fast-track recovery

Thu, 24 Sep 2020 21:50:00 GMT

AN economic recovery in China is driving H-shares and A-shares higher, but a large number of Singapore Exchange (SGX)-listed companies do business in China too. As consumption activity, trade and government spending rise, analysts said some of these Singapore stocks should start to benefit. But investors should also be aware of the supply chain risks that China companies face.

Indonesia's Covid-19 situation underscores its dependence on vaccine, says Control Risks

Thu, 24 Sep 2020 21:50:00 GMT

EVEN as large-scale social restrictions in Indonesia's capital, Jakarta, were recently tightened, this is unlikely to be effective in the country's fight against the Covid-19 pandemic.

Why we need to put a number on our natural resources

Thu, 24 Sep 2020 21:50:00 GMT

ECONOMISTS at the mighty International Monetary Fund used to joke that the institution's acronym should actually stand for "It's Mostly Fiscal". No wonder: the IMF is (in)famous for fretting about countries' budget plans, tax policies, growth strategies and capital flows.

M&As among European bourses to advance ahead of Asian counterparts

Thu, 24 Sep 2020 21:50:00 GMT

STOCK exchange consolidation in Europe is set to gather pace in the face of stiff competition and globalisation of capital markets, forging ahead of Asian bourses that have seen little cross-border dealmaking activity within the industry.

Singapore's resilient savers, and a question over the wealth gap

Thu, 24 Sep 2020 21:50:00 GMT

A SLEW of recent surveys from financial institutions point out that for those who can save, they have set aside buffers to insulate against financial threats from the health crisis that is Covid-19. But the data may also point to the widening wealth gap wrought by a global pandemic.

Carousell aims for exit within 4 years, possibly at value of US$1.1b or more

Thu, 24 Sep 2020 21:50:00 GMT

HOMEGROWN classifieds startup Carousell aims to provide its investors an exit by 2024, its regulatory filings indicate.

Sentosa Cove bungalow buying revs up

Thu, 24 Sep 2020 21:50:00 GMT

ACTIVITY in the bungalow market on Sentosa Cove has revved up in the past few months on the back of several demand drivers, including buyers from mainland China.

PwC, 2 law firms could earn S$17m from Hin Leong's rescue bid

Wed, 23 Sep 2020 21:50:00 GMT

PRICEWATERHOUSECOOPERS (PwC) and legal firms Rajah & Tann and Drew & Napier could pocket up to S$17.3 million in fees from the court-supervised bid to rescue debt-hit Hin Leong Trading (HLT), say court documents.

Singapore deflationary pressure eases in August

Wed, 23 Sep 2020 21:50:00 GMT

DEFLATIONARY pressures are likely to persist for the rest of this year, although the pace of decline has slowed, according to economists.

Trial to let top execs skip stay-home notice, take Covid-19 test instead

Wed, 23 Sep 2020 21:50:00 GMT

SENIOR executives in Singapore who need to travel regularly for official purposes may be able to get a business travel pass under a pilot programme, the Singapore authorities said on Wednesday as they announced a gradual easing of Covid-19 control measures that will also allow annual general meetings to be held.

Koh Boon Hwee, investment veterans launch South-east Asian VC

Wed, 23 Sep 2020 21:50:00 GMT

A NEW venture capital firm by five private capital veterans, including businessman Koh Boon Hwee, is raising an inaugural fund of over US$100 million to capture early-stage opportunities in South-east Asia.

Singapore brand has cachet, but what values should it embody?

Wed, 23 Sep 2020 21:50:00 GMT

WHAT does the Singapore brand stand for, and can it carry all industries who wear this label?

The bigger picture behind illicit money flows

Wed, 23 Sep 2020 21:50:00 GMT

THE latest report that slammed global banks for their part in channelling dirty money naturally stirred attention, with some international lenders having their share prices hit on the news.

Buyer fails to extend due diligence for ABI Plaza

Wed, 23 Sep 2020 21:50:00 GMT

ATTEMPTS to sell two office towers - ABI Plaza in Tanjong Pagar and PIL Building in Cecil Street - have hit a snag.

Tech stocks reverse rally to lead markets rout in Asia, US, Europe

Tue, 22 Sep 2020 21:50:00 GMT

ASIAN stock markets tumbled on Tuesday, taking their cue from a Monday night sell-off in Europe and the United States.

Empathy, meritocracy should be guiding principles to hiring: TMF

Tue, 22 Sep 2020 21:50:00 GMT

THE Singapore government has struck a fine balance between a carrot and a stick approach to motivate fair employment, Edmund Lee, managing director of TMF Singapore said.

'Covid catalyst' spurs firms to transform and thrive: Chan

Tue, 22 Sep 2020 21:50:00 GMT

THE Covid-19 crisis has been a "Covid catalyst" for digital transformation, showing that it will allow firms to not only survive but thrive in a crisis, said Minister for Trade and Industry Chan Chun Sing on Tuesday.

UK may see renewed economic downturn on new restrictions

Tue, 22 Sep 2020 21:50:00 GMT

The UK's new social and economic restrictions to counter a predicted winter Covid-19 infection surge has raised the probability of a renewed economic downturn.

HK retail, F&B operators await return of tourists for survival

Tue, 22 Sep 2020 21:50:00 GMT

REVELLERS were back in Hong Kong's popular Lan Kwai Fong nightlife district last Friday when bars and pubs finally reopened after a two-month closure as the city battled the spread of Covid-19.

Singtel hits 12-year low amid heavy trading

Tue, 22 Sep 2020 21:50:00 GMT

SINGAPORE Telecommunications' (Singtel) share price on Tuesday fell to its lowest in 12 years as heavy volumes changed hands.