Covid-19

CoVid-19

Fortitude Budget to give more support to jobs as economy edges open

SINGAPORE (May 25): Businesses and households can look forward to yet another slate of relief measures that will be over and above the $63.8 billion already doled out to tide Singapore through the

Company in the news

Queen Mary halts operations; Urban Commons remains committed to lease

SINGAPORE (May 22): Eagle Hospitality Trust’s (EHT)’s sponsor, Urban Commons has pledged its commitment to the Queen Mary Long Beach, its second largest asset which has been dogged by controversy.

Results

ComfortDelGro's 1Q earnings dive 49% to $36 mil, lockdowns to 'significantly hurt' 1H business

SINGAPORE (May 22): ComfortDelGro posted earnings of $36.0 million for 1QFY2020 ended March, some 48.9% lower than earnings of $70.4 million a year ago. 

CoVid-19

Why the coronavirus recovery is in trouble before it even begins

(May 22): The coronavirus recovery is in trouble before it even begins. As swiftly as the lockdowns across Asia were imposed, the process of lifting them will be slow and uneven.

Broker's Calls

CGS-CIMB reiterates a 'buy' for Riverstone saying 'stars are aligned'

SINGAPORE (May 22): CGS-CIMB is reiterating its ‘add’ or ‘buy’ call on personal protective gear manufacturer Riverstone Holdings, but at a revised target price of $2.50.

Issues that matter

SME tenants band together to demand better terms from 'cartel' of landlords

SINGAPORE (May 22): A group of tenants, claiming to represent some 10,000 small and medium enterprises (SMEs), are getting organised in their fight against what they perceive as unfair terms saddle

Singapore economy

Maybank Kim Eng focuses on economy's 'building blocks' amid Covid-19 uncertainty

SINGAPORE (May 22): Economists were quick to compare the current economic woes to the 1997 Asian Financial Crisis (AFC) and the 2008-2009 Global Financial Crisis (GFC) But Thilan Wickramasinghe, he

Startups • Entrepreneurs • Digital economy

New Covid-19 normal unlocks opportunities for some start-ups

SINGAPORE (May 22): For start-up travel consultancy Blue Sky Escapes, 2020 was meant to be a year of expansion.

Management & Corporate Governance

Clarity, trust and adaptability will determine the winners in the new normal

SINGAPORE (May 22): Many things in life are predictable — even when they are complicated. Indeed, science and innovation has been making the world more predictable for centuries.

Currencies

Did Covid-19 spur digital currency development?

(May 22): With people observing social distancing measures during the Covid-19 pandemic, a serious concern has emerged. Can the virus spread via physical money?

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