News
7 in 10 asset managers cancel plans amidst COVID-19 outbreak
7 in 10 asset managers cancel plans amidst COVID-19 outbreak
Nearly two-thirds have also suspended travel to other parts of the world.
SIA freezes hiring for ground positions over coronavirus concerns
The group earlier suspended numerous flights to mitigate the outbreak’s impact.
Chart of the Day: Sales volumes of offices priced over $2m rose 18.56% in 2019
There were 115 such deals for the whole year.
Daily Markets Briefing: STI up 0.51%
ST Engineering saw the highest jump amongst top active stocks with a 5.24% growth.
Daily Briefing: UOB hiked pay by 8% per employee; Dream Cruises halts Genting Dream operations
And HDB is set to offer two-room BTO flats in May and August.
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.
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