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 Briefing: Lawyer involved in AlliedTech's missing $33m gets 12 more charges; The M sold 70% of units over weekend launch
And brand-conscious investment bankers are aiming for big banks’ back-office roles.
Daily Markets Briefing: STI down 1.22%
Venture Corp saw the sharpest decline amongst top active stocks with a 4.11% contraction.
Commentary
Bootstrapping in Singapore: How small startups can thrive without investors
How outdated financial solutions are fuelling the SME exodus
The role passwordless plays in securing Singapore’s digital future
Green shipping's future: Strategic partnership between public and private finance
The great Singapore family business transition: Why legacy companies are choosing sales over succession
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape