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The Business Times

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South-east Asia's leading financial news site.

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Пости за Березень 2020

110 публікацій

Singapore's official growth forecast for 2020 has sunk into negative territory: between -4 and -1 per cent. The revised forecast comes as the economy contracted 2.2 per cent year-on-year in the first quarter of 2020.

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March 26 morning round-up: 1. Covid-19 aid: Banks should put moratoriums on table 2. LG scion Brian Koo may withdraw lifeline for honestbee; ex-director denies allegations of breach of fiduciary duties 3. What's a bar? N…

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Catch up on our latest updates on the coronavirus outbreak: 1. Coronavirus closures may hit Singapore Reits harder than the global financial crisis bit.ly/2QKw4ZR 2. Closure of schools and workplaces possible if number o…

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Closure of workplaces and schools possible if number of Covid-19 cases continues rising: Lawrence Wong "It almost seems like a lifetime ago, but we are only at the beginning of a very long fight. This will continue for m…

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March 25 evening round-up: 1. Singapore's Covid-19 strategy may stretch outbreak but will preserve healthcare capacity: Gan Kim Yong bit.ly/2y2tTKF 2. 'Unconstitutional' to delay election without state of emergency: Teo…

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March 25 morning round-up: 1. BT Exclusive: Sibor dive triggers fresh battle in mortgage rate cuts 2. Budget 2.0: Economists favour job-saving aid over direct cash handouts 3. Covid-19: Call for bold measures in Singapor…

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Singapore authorities are shutting down all bars and entertainment venues such as night clubs, discos, cinemas and karaoke outlets until at least April 30. All events, even those with fewer than 250 attendees, must be de…

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March 24 evening round-up: 1. Temasek's biggest shareholdings fall US$23.5b in 3 months bit.ly/33EFM5t 2. Singapore bankruptcies started surging even before coronavirus hit bit.ly/3ai2keH 3. Singapore general insurance s…

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Compulsory no-pay leave for SIA pilots starts April amid coronavirus hit Captains will take seven days of no-pay leave per month, while First Officers and Second Officers will take five days and four days a month respect…

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March 24 morning round-up: 1. BT Exclusive: Virus outbreak puts regional startups through their first stress test 2. US, Singapore roll out more measures to ease pandemic hit 3. BT Exclusive: Coronavirus stress brings ou…

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March 23 evening round-up: 1. Singapore government to unveil additional Covid-19 support measures on Thursday 2. Singapore core inflation negative in February as services hit by Covid-19 3. Leadership in crisis: How corp…

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Singapore Airlines is slashing 96 per cent of its planned capacity originally scheduled up to end April. It is also exploring ways to increase liquidity and reduce capital expenditure and operating costs. The announcemen…

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March 23 morning round-up: 1. BT Exclusive: Singapore banks show voracious appetite in buying back shares 2. BT Exclusive: Singapore Airlines looking to store some planes as travel demand evaporates 3. Commentary: Is ove…

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Faraway, so close - your guide to travelling abroad without leaving home Travel plans cancelled? Here’s how to experience the world’s sights, sounds and flavours without leaving Singapore. #BTLifestyle 🏖️

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Singapore to shut borders to short-term visitors from Monday, 11.59pm All short-term visitors will no longer be allowed to enter or transit through Singapore. Where work pass holders are concerned, MOM will only allow th…

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March 22 morning round-up: 1. Coronavirus: MOM revokes 89 work passes for breach of entry approval, stay-home notice requirements 2. New distancing rules could be last straw for some businesses in Singapore 3. S&P warns…

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The Raffles Conversation: Transferwise disrupted the traditional money transfer business with transparent fees and zero markup on the exchange rate. But to be viable, CEO and co-founder Kristo Kaarmann makes clear, 'ever…

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BREAKING: Singapore reports first two Covid-19 deaths Two people - one man and a woman - died from Covid-19 on Saturday morning due to complications, Health Minister Gan Kim Yong told reporters.

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BRUNCH: Who wants to be a venture capitalist? Private capital has rushed into South-east Asia’s venture funds, chasing yield in a low-interest rate climate. Great time to be a venture capitalist? Not so fast. When record…

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BREAKING: Covid-19: Stricter measures in Singapore include ban on events with over 250 people; new app to help contact tracing Public venues must ensure separation of at least 1 metre between patrons while F&B outlets sh…

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March 20 evening round-up: 1. Singapore's job vacancies to fall further; focus will be on reskilling workers, saving jobs bit.ly/2vzWmqo 2. MOM urges firms to impose leave of absence on staff returning between March 14 a…

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Wine is for sharing. What does that mean in self-quarantine? #BTLifestyle 🍷

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📉 Brokers' takes: - DBS downgrades SIA Engineering by two notches to "fully valued" from "buy", and slashes its target price to S$1.35. The research team said the heavy maintenance segment has been stuck in the doldrums…

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March 20 morning round-up: 1. BT Exclusive: SIngapore’s tour agencies hit hard by travel bans 2. MAS sets up US$60b swap facility with Federal Reserve amid virus outbreak 3. Singapore on track to SORA transition despite…

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March 19 evening round-up: 1. DBS says recession 'imminent' for Singapore, slashes GDP growth forecast bit.ly/3b0tV46 2. OCBC expects Singapore Airlines to need external funding due to virus hit bit.ly/2UjdCZp 3. MAS sla…

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March 19 morning round-up: 1. BT Exclusive: Mice sector hurting from scrapped events, seeks forms of relief 2. News analysis: Can Malaysia's new Finance Minister steer country through current economic quagmire? 3. Fintec…

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March 18 evening round-up: 1. 108,000 Singapore workers affected by coronavirus will each receive up to S$300 bit.ly/2WnI5YM 2. Singapore remains the most expensive city for expats: survey bit.ly/2QoONtW 3. Taiwan to shu…

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📈 Brokers' takes: DBS recommends accumulating certain S-Reits, after "indiscriminate" over-selling by investors due to fund redemptions and unwinding of leveraged positions. Citi Research downgrades Great Eastern to "ho…

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March 18 morning round-up: 1. MAS expected to step in early as risk of slump rises with Malaysia's lockdown 2. Commentary: Lockdown a wake-up call for firms with workers living in Johor Baru 3. Singapore government to he…

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PODCAST: In this week's episode, we talk about AI and Big Data and how they can help investors. Adam Reynolds, CEO Asia Pacific, Saxo Markets Singapore, tells us more. bit.ly/38UEVyC Visit bt.sg/moneyhacks for more Money…

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