News

Suppliers struggle to meet soaring demand for takeaway food packaging

DEMAND for takeaway food packaging has shot through the roof since Friday, when the Singapore government announced that food and beverage (F&B) establishments can only offer takeaway and...

MAS eases some capital requirements for banks, but says no share buybacks

THE Monetary Authority of Singapore (MAS) has loosened certain capital and liquidity requirements for banks amid the virus outbreak, but with a clear caveat: that the release of capital buffers...

S$60b rescue package proof of optimal fiscal balance: Heng

SINGAPORE'S best response to the coronavirus pandemic is to build both economic and social resilience, Deputy Prime Minister and Finance Minister Heng Swee Keat said on Tuesday.

It's make-or-break time for Singapore

SINGAPORE has finally shut schools and curbed non-essential physical interaction in an attempt to break the chain of Covid-19 transmission. The next month is a make-or-break time as residents...

TDSR waived for deferred mortgage payments

BUSINESSES that apply to defer payments for their secured property loans, as well as property owners doing so for residential mortgages, will not be subject to the total debt servicing ratio (TDSR...

Look beyond own interests at broader concerns, landlords told

THE government is not being "anti-landlord", said Minister for Law and for Home Affairs K Shanmugam in Parliament on Tuesday.

Bill passed to give temporary relief from contractual obligations

EVEN as a new Bill seeks to provide temporary relief from some legal obligations in light of the coronavirus outbreak, the principle of the sanctity of contracts is still important, said Minister...

For Singapore banks, a lesson on greater transparency from Jamie Dimon

JPMORGAN'S long-standing CEO Jamie Dimon on Monday set out a 23-page shareholders' letter that outlined how the US bank is managing the crisis at hand, as brought on by the global virus outbreak...

SPH net profit up 5.5% in Q2, down 9.3% in H1

WHILE Singapore Press Holdings reported a "creditable" showing in the second quarter with property offsetting declines in the media business, the conglomerate slashed interim dividend to conserve...

StarHub channels $200,000 towards kids' online learning

APRIL 2020 marks the 20th anniversary of the launch of StarHub's commercial operations, but with the challenges posed by Covid-19, the company has called off its own birthday party - and is...

 

Emerging Enterprise award

Closes June 5, 2020