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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 Вересень 2020

117 публікацій

Special Feature: Mid-autumn dreams The annual mooncake festival hits a new high as top hotels and restaurants unveil their latest celestial offerings. bt.sg/4XPA

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Sept 7 evening round-up: 1. Re-hiring rate for retrenched workers slows to 39% in H1 2020 from 2018: MOM bt.sg/4XsN 2. Mice events in Singapore can resume from October with higher limit of 250 attendees bt.sg/4XsG 3. Fou…

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Brokers' take: DBS says worst over for Singapore listco earnings; Maybank likes Wilmar, ComfortDelGro, Ascendas Reit Among companies that have emerged positively from the second quarter, DBS's picks are HPH Trust, ST Eng…

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Private-sector economists lower Singapore full-year growth forecast slightly to -6% Full-year growth expectations worsened most sharply for construction, with respondents now expecting it to come in at -23 per cent. bt.s…

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Sept 7 morning round-up: 1. BT Exclusive: Singapore's new VCC Act the main event drawing funds here bt.sg/4XWy 2. Savills Residential, Huttons Asia to merge in further sector consolidation bt.sg/4XWF 3. China Life Singap…

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Pandemic opportunities for millennial chefs: How young chefs are charting their own paths in this new normal. #BTLifestyle bt.sg/4XPP

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DINING OUT: Finding a Korean voice at Meta Chef Sun Kim delves deeper into his roots in his latest menu at the Michelin-starred eatery. #BTLifestyle bt.sg/4XPd

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The Raffles Conversation: Chip-fuelled creativity Teo Swee Ann began tinkering with tech at a young age. Today, the CEO of Shanghai-based Espressif Systems is fuelling creativity with his firm’s microchips. #rafflescon b…

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SPECIAL FEATURE: Mid-autumn dreams The annual mooncake festival hits a new high as top hotels and restaurants unveil their latest celestial offerings #BTLifestyle bt.sg/4XPA

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Sept 5 afternoon round-up: 1. Asian bourses trail Wall Street's bloodbath but analysts upbeat bt.sg/4XPx 2. Firms to get up to S$30,000 for each new worker if they hire more locals in next 6 months bt.sg/4XPf 3. Investor…

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#BRUNCH: Much ado about minimum wage Economists set out the issues that come up with a minimum wage, and explain where Singapore’s “minimum wage plus” version – the Progressive Wage Model – comes up short. bt.sg/4XAL

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Sept 4 evening round-up: 1. Singapore banks averaged 4.2% total returns in August: SGX bt.sg/4XAd 2. Singapore retail sales fall 8.5% in July as Covid-19 continues to pummel sector bt.sg/4XAe 3. Sabic issues US$1b in two…

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Thye Hong family's 101,550 sq ft Good Class Bungalow site creates buzz in market Potential buyers have expressed interest in an old bungalow on a site owned by members of the Lee family behind the Thye Hong group that us…

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Broker's take: DBS says market hasn't priced in Phase Three reopening for ComfortDelGro The current share price seems "unjustified" and investors should look beyond FY20, DBS said. "We could see mobility figures take a f…

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Nasdaq plunge is victory lap for a stable of stock naysayers High-flying stocks such as Zoom, Tesla and Apple dragged the Nasdaq 100 lower, after the index had rallied in 11 of the past 13 sessions. While the correction…

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Sept 4 morning round-up: 1. BT Exclusive: More retail and hospitality space being converted to office use bt.sg/4XM7 2. Minimum wage, sharp words and no easy answers bt.sg/4XM8 3. Series C funding sends Biofourmis to nea…

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Sept 3 evening round-up: 1. MAS introduces new SGD funding facility for banks, boosts access to liquidity bt.sg/4XYf 2. Demand for HDB resale flats remains strong in August: SRX bt.sg/4XYY 3. Discuss minimum-wage idea no…

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Broker's take: Jefferies upgrades Mapletree Commercial Trust and Suntec Reit to 'buy' Sentiment and consumption should improve amid diminishing cases of virus, headlines about vaccines, as well as the easing of travel an…

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Sept 3 morning round-up: 1. Singapore must guard its reputation for openness: PM Lee bt.sg/4Xf3 2. PM Lee, Pritam in lively exchange over citizens' use of the vote and the reserves bt.sg/4XfU 3. SGX's multi-asset strateg…

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Sept 2 evening round-up: 1. Investors still interested despite Covid-19; Singapore cannot afford to turn inwards: PM Lee bt.sg/4XGt 2. DBS gets regulatory nod to set up JV securities company in China bt.sg/4XGk 3. Singap…

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Hot stock: SK Jewellery shares up 56.8% after founders' privatisation bid The counter hit an intra-day high of 14.9 cents on Wednesday, just shy of the offer price. The last time the counter closed near this level was in…

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Broker's take: CGS-CIMB expects drop in Overseas Education Limited's students, downgrades to 'hold' The research team foresees a weaker second half of 2020 for the company, which runs international school Overseas Family…

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Silent majority must speak out: Anti-foreign sentiment is detrimental to the economy COMMENTARY: No country and certainly no city-state can produce all the human capital it needs to drive its economy. A city-state has no…

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Stocks to watch: Sembcorp, SK Jewellery, SGX, Raffles Education, Genting Sembcorp Industries is divesting its stake in a joint venture company; SK Jewellery's founders make a cash offer of S$0.15 per share in a bid to pr…

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Sept 2 morning round-up: 1. Wrong time to push for progressive wage model in F&B, retail: employers bt.sg/4Xct 2. MAS steps up engagements with key financial institutions on hiring practices bt.sg/4Xp3 3. BT Exclusive: W…

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Sept 1 evening round-up: 1. GIC, co-investors buy Reliance's India telecom towers for US$3.4b bt.sg/4XT7 2. Oei Hong Leong renews request for Raffles Education EGM, cites CAD complaint bt.sg/4XSr 3. Singapore arrivals mo…

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Four Axington directors including chairman Evangeline Shen resign Ms Shen quit after one and a half months in the role, due to "strategic changes expected to be made in the business direction of the company". She co-foun…

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