News

Temasek to freeze pay, cut bonuses for a year amidst COVID-19

Temasek to freeze pay, cut bonuses for a year amidst COVID-19

The move, which will start in April, will see the firm halt all raises and salary increases.

Over 2 in 3 shoppers seek cross-channel store options

Physical stores are still highly preferred with the majority going cashless.

Grab raises $1.19b from MUFG, Japanese IT firm TIS

The money will fund the app’s expansion into financial services.

COVID-19 weighs on deflationary pressures for 2020

But MAS kept its inflation forecasts to 0.5-1.5%.

Nominations open for SBR Listed Companies Awards 2020

Deadline for submission of entries is on 22 May, Friday.

BreadTalk to be delisted from SGX

Its major shareholders offered to buy all of its other shares for $0.77 apiece.

Sembcorp Marine expects extension of loss-making streak in 2020

But it also sees improvement in order visibility and prospects in other sectors.

Raffles Medical ramps up services amidst COVID-19 outbreak

A virus kit with masks, sanitisers, and vitamins can be ordered online.

MAS warns of fake calls impersonating staff

It stressed that it would never ask the public for personal or bank information.

SGX launches methanol futures and swap contracts

S&P Global Platts daily price checks will be used as their benchmark.

FCOT secures $100m sustainability-linked loan

It has a price reduction feature with interest cost savings from the second year onwards.

Where would Keppel DC REIT's next buy be?

The REIT could spend as much as $600m in deals, and it won’t be in Singapore.

Singtel's India unit gets go-ahead for merger

Its board of directors also extended its long stop date to 24 April.

SIA suspends selected scheduled flights until May

The group stated that this will cause a 7.1% fall in the scheduled capacity.

Chart of the Day: Sales volume of huge strata offices surged in 2019

It led the surge of strata office deals in 2019 to $1.2b.

Daily Markets Briefing: STI down 1.22%

Venture Corp saw the sharpest decline amongst top active stocks with a 4.11% contraction.