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. 

CoVid-19

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

Results

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.

CoVid-19

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

Results

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. 

Aviation

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.

CoVid-19

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.

CoVid-19

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

CoVid-19

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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