News

Banks to stay open except for some branches; remaining outlets will be spread across Singapore

WHILE banks are essential services that will stay open during the month-long imposition of tighter restrictions to curb the virus spread in Singapore, lenders are due to shut some branches amid...

SGX to stay open and accessible

SINGAPORE Exchange (SGX) on Friday said its securities and derivatives markets will remain open and accessible as Singapore closes most workplaces for a month from Tuesday.

Straits Trading evaluating use of space as Covid-19 confines people to homes and alters their perception of real estate

THE novel coronavirus has confined people to their homes, radically altering the way people perceive space. This poses a fresh consideration for the team at The Straits Trading Company's real...

Decimated by virus, sporting world will rebound stronger

ONE by one, the world's most prestigious sporting events have fallen like dominoes, felled by the overwhelming might of an invisible opponent that is seemingly growing stronger and more lethal by...

F&B grouping says 80% of its 500 members may close in a month

SINGAPORE'S beleaguered F&B industry was dealt yet another body blow on Friday when the government moved to stop people from dining in restaurants for at least one month, as part of stepped-up...

New support package must match latest tough measures

ON FRIDAY afternoon, Prime Minister Lee Hsien Loong effectively put the nation on notice that significantly stricter measures will kick in next Tuesday when most of Singapore's workforce will need...

Government studying waiver of foreign worker levies: Josephine Teo

WORKERS in essential services and industries critical to global supply chains - including manufacturing of semiconductors, biopharmaceuticals, and petrochemicals - may still go to work, even as...

Deeper pay and fee cuts for SIAEC management, directors

THE management of SIA Engineering Company (SIAEC) is taking a deeper pay cut than previously announced, while the directors have also volunteered a larger reduction in their fees.

Reits sold down as investors fret over challenges facing landlords

REAL estate investment trusts took a tumble on Thursday, with retail Reits bearing the brunt of the selling after the government announced it will legislate to ensure that landlords pass on in...

Keppel Land, Keppel Reit commit to fully pass on property tax rebate to office, retail tenants

KEPPEL Land and Keppel Reit (real estate investment trust) said on Thursday that they will fully pass on the property tax rebate to their office tenants to support them during the Covid-19...

 

Emerging Enterprise award

Closes June 5, 2020