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THE BUSINESS TIMES
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Wed, May 05, 2021 - 12:12 AM. A coalition of musicians and human rights groups urged music streaming company Spotify on Tuesday to rule out possible use of a speech recognition tool it recently developed to suggest songs - describing the technology as "creepy" and "invasive". In January, Sweden-based Spotify patented a technologythat
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Wed, May 05, 2021 - 12:12 AM. A coalition of musicians and human rights groups urged music streaming company Spotify on Tuesday to rule out possible use of a speech recognition tool it recently developed to suggest songs - describing the technology as "creepy" and "invasive". In January, Sweden-based Spotify patented a technologythat
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Wealth (May 2021) SPOTLIGHT. Universal life insurance - not just a wealth protection plan. UNIVERSAL life insurance plans have long been a core feature in wealthy clients' succession and wealth planning, thanks to a number of attributes - the ability to secure a high death benefit; availability of premium financing; liquidity; and an assetthat
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An Everest permit alone costs US$11,000 and climbers pay upward of US$40,000 for an expedition. But the warmer weather that ushers in safer conditions for scaling Nepal's dangerous, snow-capped peaks has coincided with a deadly second wave of Covid-19 infections, with active cases in the country rising six-fold in the last two weeks. WWW.BUSINESSTIMES.COM.SG 2 hours ago · www.businesstimes.com.sgTHE BUSINESS TIMES
Wed, May 05, 2021 - 12:12 AM. A coalition of musicians and human rights groups urged music streaming company Spotify on Tuesday to rule out possible use of a speech recognition tool it recently developed to suggest songs - describing the technology as "creepy" and "invasive". In January, Sweden-based Spotify patented a technologythat
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For luxury homes priced at S$5 million and above, the number of caveats lodged by Singaporeans jumped 44%; buyers included owner-occupiers and investors. Thu, May 13, 2021 - 5:50 AM. Fiona Lam fiolam@sph.com.sg@FionaLamBT. Owner-occupiers are turning to larger, more luxurious residential properties as many spend more time at homedue to the
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CHEUNG Woh Technologies posted a S$3.09 million loss for the half year ended Feb 28, 2021, narrowing a S$4.6 million loss in the corresponding period of the previous year. Revenue shrank 43.3 per cent to S$13.4 million on the back of declines in its hard disk drive (HDD) components and precision metal stamping (PMS) componentssegments.
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According to a Korn Ferry Hay Group study in 2017, the median total pay for CEOs at Singapore-listed companies was constant at S$625,000 per annum in financial year 2016. While CEOs of large companies had a median remuneration of S$3.41 million in 2016, medium-sized company CEOs were paid S$1.25 million. The median total pay for small companyTHE BUSINESS TIMES
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CHEUNG Woh Technologies posted a S$3.09 million loss for the half year ended Feb 28, 2021, narrowing a S$4.6 million loss in the corresponding period of the previous year. Revenue shrank 43.3 per cent to S$13.4 million on the back of declines in its hard disk drive (HDD) components and precision metal stamping (PMS) componentssegments.
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According to a Korn Ferry Hay Group study in 2017, the median total pay for CEOs at Singapore-listed companies was constant at S$625,000 per annum in financial year 2016. While CEOs of large companies had a median remuneration of S$3.41 million in 2016, medium-sized company CEOs were paid S$1.25 million. The median total pay for small companyTHE BUSINESS TIMES
CHEUNG Woh Technologies posted a S$3.09 million loss for the half year ended Feb 28, 2021, narrowing a S$4.6 million loss in the corresponding period of the previous year. Revenue shrank 43.3 per cent to S$13.4 million on the back of declines in its hard disk drive (HDD) components and precision metal stamping (PMS) componentssegments.
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Globally, private banking client assets grew to US$394 billion in 2020, up 9 per cent year on year. This is notable as our private bank client assets comprise a quarter of the US$1.6 trillion wealth balances in wealth and personal banking, up 12 per cent year on year. Significantly, Asia continued to be a substantial contributor in netnew
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SGX drops quarterly reporting, strengthens continuous disclosures. Compliance costs, short-term bias among main factors behind decision; continuous disclosure rules beefed up in specific areas. Fri, Jan 10, 2020 - 5:50 AM. Claudia Tan claudiat@sph.com.sg@ClaudiaTanBT. Angela Tan angelat@sph.com.sg.THE BUSINESS TIMES
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The more US foreign policy changes, the more it remains the same. Expectations for dramatic alterations tend to rise based on the presidential candidate's campaign rhetoric, but these tend to remain unfulfilled. Thu, May 13, 2021 - 5:50 AM. Leon Hadarbtworld@sph.com.sg.
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Buyer from Fujian pays S$39.3m for Sentosa Cove villa. The price works out to nearly S$2,012 per square foot based on the land area of 19,550 sq ft. Thu, Apr 15, 2021 - 5:50 AM. Kalpana Rashiwala kalpana@sph.com.sg@KalpanaBT. The villa along Ocean Drive is one of fewer than 10 sea-facing bungalows on Sentosa Cove with a land areaexceeding
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Wilmar International led the Q1 2021 consideration tally, buying back 8,141,700 shares in the quarter at an average price of S$5.29. As of March 31, the leading agribusiness group had purchased 0.83 per cent of its issued shares (excluding treasury shares) on the currentmandate.
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PHOTO: REUTERS. Britain's biggest banks have made "hollow" carbon-reduction pledges and are key financiers of coal, a campaign group said in a report Tuesday ahead of the UK hosting a climate summit. Barclays, HSBC, Lloyds, NatWest and Standard Chartered provided US$56 billion to coal firms over two years to late 2020,according to
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Dennis Tay. Founder of Naiise. 14/01/2017 - 05:50. by. Tay Suan Chiang taysc@sph.com.sg@TaySuanChiangBT. Dennis Tay knew that he wanted to be an entrepreneur even before he started Naiise, the retail store for all things well-designed. He knew it before he enrolled in entrepreneurship at the Singapore Institute of Management-RMITUniversity.
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Addressing these challenges will require urgent actions and sustained commitment says Avanade. “The sole purpose of a business is to generate profits for its shareholders” - This was the thinking that the Nobel Prize-winning economist, Milton Friedman, espoused in the 1970s. Fast forward half a century later, businesses reside in a veryTHE BUSINESS TIMES
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Buyer from Fujian pays S$39.3m for Sentosa Cove villa. The price works out to nearly S$2,012 per square foot based on the land area of 19,550 sq ft. Thu, Apr 15, 2021 - 5:50 AM. Kalpana Rashiwala kalpana@sph.com.sg@KalpanaBT. The villa along Ocean Drive is one of fewer than 10 sea-facing bungalows on Sentosa Cove with a land areaexceeding
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Wilmar International led the Q1 2021 consideration tally, buying back 8,141,700 shares in the quarter at an average price of S$5.29. As of March 31, the leading agribusiness group had purchased 0.83 per cent of its issued shares (excluding treasury shares) on the currentmandate.
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PHOTO: REUTERS. Britain's biggest banks have made "hollow" carbon-reduction pledges and are key financiers of coal, a campaign group said in a report Tuesday ahead of the UK hosting a climate summit. Barclays, HSBC, Lloyds, NatWest and Standard Chartered provided US$56 billion to coal firms over two years to late 2020,according to
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Dennis Tay. Founder of Naiise. 14/01/2017 - 05:50. by. Tay Suan Chiang taysc@sph.com.sg@TaySuanChiangBT. Dennis Tay knew that he wanted to be an entrepreneur even before he started Naiise, the retail store for all things well-designed. He knew it before he enrolled in entrepreneurship at the Singapore Institute of Management-RMITUniversity.
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Addressing these challenges will require urgent actions and sustained commitment says Avanade. “The sole purpose of a business is to generate profits for its shareholders” - This was the thinking that the Nobel Prize-winning economist, Milton Friedman, espoused in the 1970s. Fast forward half a century later, businesses reside in a veryTHE BUSINESS TIMES
Wealth (May 2021) SPOTLIGHT. Universal life insurance - not just a wealth protection plan. UNIVERSAL life insurance plans have long been a core feature in wealthy clients' succession and wealth planning, thanks to a number of attributes - the ability to secure a high death benefit; availability of premium financing; liquidity; and an assetthat
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Price surge stokes en bloc hopes, but expectations gap a hurdle. "With the shortage of land supply and keener interest from developers, many potential en-bloc sale owners are exploring whether this is the right time to try again," JLL wrote. MORE properties could soon be put up for sale en bloc, as unit owners hope to cash in on resilient real WWW.BUSINESSTIMES.COM.SG www.businesstimes.com.sgTHE BUSINESS TIMES
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THE BUSINESS TIMES - Get the Latest Business & Financial News WWW.BUSINESSTIMES.COM.SG www.businesstimes.com.sg WWW.BUSINESSTIMES.COM.SG 10 hours ago · www.businesstimes.com.sg KRISENERGY SUBMITS WINDING-UP PETITION, COMPANIES 9 hours ago · TROUBLED oil and gas group KrisEnergy announced in a regulatory update late on Friday that it has submitted a winding-up petition to the Grand Court ofTHE BUSINESS TIMES
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Home > Government & Economy SINGAPORE BANS SHORT-TERM TRAVELLERS FROM DAEGU, CHEONGDO Tue, Feb 25, 2020 - 6:49 PM Singapore is refusing entry to all new visitors with recent travel history to Daegu and Cheongdo in South Korea within the last 14 days, even as it announced a breakthrough on Tuesday in what's believed to be the first use of serological testing to uncover links between existing coronavirus clusters here. ST PHOTO: LIM YAOHUI SINGAPORE is refusing entry to all new visitors with recent travel history to Daegu and Cheongdo in South Korea within the last 14 days, even as it announced a breakthrough on Tuesday in what's believed to be the first use of serological testing to uncover links between existing coronavirus clusters here. The serological testing, a type of blood test that looks for antibodies, was used on two suspect cases - 83 and 91 - to determine if they had virus-specific antibodies in their blood, Singapore's Ministry of Health (MOH) said in a statement. This is because the standard laboratory test for Covid-19 infections - a molecular test called Polymerase Chain Reaction (PCR) - will not work on patients who have recovered and whose immune system has cleared the virus, MOH said. However, the immune system produces antibodies in response to the infection, and these virus-specific antibodies could stay with the recovered patient for several years, the ministry said. Developed by a research team at Duke-NUS Medical School, it is believed to be the first time in the world serological testing is used in the context of contact tracing for Covid-19.SEE ALSO
CORONAVIRUS HITS BUSINESS IN MILAN AS ITALY DEATH TOLL HITS 12STAY UPDATED WITH
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With the assistance of the Singapore Police Force, this has helped the ministry link the clusters at Life Church and Missions service on Jan 19, a Chinese New Year family gathering at Mei Hwan Drive on Jan 25, and Grace Assembly of God activities between Jan 29 and Feb 9. This is because Cases 83 and 91 were present at the Life Church and Missions service and the Chinese New Year gathering at Mei Hwan Drive. "While we have seen the number of new cases here in Singapore remain low for the last few days, we must be aware that the global situation remains dynamic and we cannot afford to be complacent," Gan Kim Yong, Health Minister and co-chair of a multi-ministry taskforce set up to deal with the coronavirus outbreak, said at a press conference on Tuesday evening, noting the sudden increasing cases in South Korea,Italy and Iran.
With South Korea now seeing the largest number of cases outside China, Lawrence Wong, National Development Minister and co-chair of the multi-ministry taskforce, said the authorities have decided to take additional precautions for travellers coming from Cheongdo and Daegu, the two cities with the highest number of cases. The restriction kicks in from Feb 26 at 11.59pm. As at 12pm on Feb 25, South Korea has reported 893 confirmed cases of Covid-19 infection, of which 501 are from Daegu and 113 from Cheongdo. The restriction comes after a Feb 23 travel advisory from MOH for Singaporeans to defer non-essential travel to Daegu and Cheongdo, and is similar to what the Republic has put in place for short-term travellers from China. Mr Wong said a more stringent restriction on travellers from the whole of South Korea may be imposed if the virus spreads beyond the twocities.
Returning residents and long-term pass holders will be placed on Stay-Home Notice, he added.Stay updated
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GOVERNMENT & ECONOMY JAVID WARNS JOHNSON NOT TO IGNORE UK TREASURY OVER SPENDING CORONAVIRUS HITS BUSINESS IN MILAN AS ITALY DEATH TOLL HITS 12 CORONAVIRUS: 2 NEW CASES CONFIRMED WITH NO PREVIOUS LINKS DAILY DEBRIEF: WHAT HAPPENED TODAY MAHATHIR SEEKS UNITY GOVERNMENT AS ANWAR VIES FOR POWER ANWAR CONFIDENT OF FORMING NEXT GOVERNMENT Facebook LinkedIn Twitter Pinterest Reddit Email PrintBREAKING NEWS
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Feb 26, 2020 11:18 PMCompanies & Markets
ISEC HEALTHCARE Q4 NET PROFIT EDGES UP 1% TO S$2.3M CATALIST-LISTED ISEC Healthcare's net profit for the fourth quarter ended Dec 31, 2019 inched up 1 per cent to S$2.3...11:15 PM
Feb 26, 2020 11:15 PM Government & Economy JAVID WARNS JOHNSON NOT TO IGNORE UK TREASURY OVER SPENDING Sajid Javid, who resigned as UK Chancellor of the Exchequer two weeks ago, warned Prime Minister Boris...10:45 PM
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