Wuhan virus

Budget 2020

Singapore plans biggest budget deficit in more than two decades

(Feb 19): Singapore will post its biggest budget deficit since at least 1997, pledging S$6.4 billion in dedicated support for an economy being slammed by the coronavirus outbreak.

Investing ideas

Diversification, productivity improvements to help SATS weather the Covid-19 storm

SINGAPORE (Feb 17): SATS is one the companies that has to brace itself for the impact of a rapidly escalating Covid-19 situation. 


Contagion fears grow as cruise passengers return home

(Feb 17): More than 3,000 travellers on two coronavirus-stricken Carnival Corp cruise ships are returning home, fanning out to more than 40 countries and fuelling fears of further contagion from th


ComfortDelGro posts 12.6% drop in FY19 earnings to $265.1 mil as taxi business continues to slide

SINGAPORE (Feb 14): Land transport operator ComfortDelGro Corporation saw its earnings fall 12.6% to $265.1 million for FY2019 ended December, from $303.3 million a year ago.


Coronavirus woes hits Asia-based hedge funds as investors stay away

(Feb 14): Asia-based hedge funds are bracing for a lean quarter of capital raising as the spread of the coronavirus leads to the postponement and cancellation of key events that have historically d


Hi-P's 4Q earnings halved to $22.4 mil amid price pressure, lower sales volume

SINGAPORE (Feb 13): Mainboard-listed contract manufacturer Hi-P International saw its earnings for 4QFY2019 ended December plunge 50% to $22.4 million from $44.8 million in the previous year. 


Empty booths and gloom shroud virus-hit Singapore Airshow

SINGAPORE (Feb 12): The first day of the Singapore Airshow usually features teeming crowds, flashy presentations and big orders for aircraft makers.


Xi vows China will meet economic, social goals and defeat virus

(Feb 12): President Xi Jinping pledged that China would meet its economic and social development goals while winning the battle against the deadly coronavirus.


All eyes on Singapore's virus Budget

(Feb 12): With more than two-score coronavirus infections and the threat raised to the second-highest level of severity, Singapore may not want to leave anything to chance when the budget is unveil


Visitor arrivals to Singapore expected to drop as much as 30% due to coronavirus outbreak

SINGAPORE (Feb 11): Amid the novel coronavirus outbreak in Singapore that has so far infected 45 people, the Singapore Tourism Board (STB) said in a media conference on Tuesday that tourist arrival

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