Singapore Business Times (companies-markets): M&A banking fees in Asia-Pacific fall to 8-year low in Q1: Refinitiv BANKING fees from mergers and acquisitions (M&A) transactions in the Asia-Pacific ex-Japan (APxJ) region fell to an eight-year low of US$473.1 million in the first quarter of 2020. This represented a 39.2 per cent decline from a year ago, [...]
Singapore Business Times (companies-markets): OCBC and Great Eastern to defer AGMs WITH Singapore on Friday announcing tighter movement restrictions within the country due to the virus outbreak, OCBC Bank said its annual general meeting (AGM), originally scheduled for April 30, will be postponed. Its insurance arm, Great Eastern, will also postpone its AGM originally slated [...]
Singapore Business Times (companies-markets): DBS Bank unveils third round of liquidity relief for SMEs, individuals DBS Bank announced on Friday its third round of liquidity relief measures for individuals and small and medium-sized enterprises (SMEs). This follows the recently unveiled financial relief package outlined by the Monetary Authority of Singapore (MAS) and other industry bodies [...]
Singapore Business Times (companies-markets): Workplace closure rule catches businesses off guard SINGAPORE'S move to close nearly all workplaces from next week caught businesses by surprise, even as most have gradually implemented business continuity measures amid the unfolding virus outbreak.
Singapore Business Times (consumer news): 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 measures to curb the spread [...]
Singapore Business Times (companies-markets): 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 slower traffic as well as [...]
Singapore Business Times (consumer news): FairPrice stores will remain open 'come what may', says CEO NTUC FairPrice chief executive Seah Kian Peng assured buyers on Friday that the supermarket chain’s stores will remain open “come what may”.
Singapore Business Times (consumer news): Investors wake up and smell the Luckin Coffee [HONG KONG] Investors in Luckin Coffee, China's upstart rival to Starbucks, should have seen this coming.
Singapore Business Times (consumer news): FairPrice to reopen Bedok Mall outlet on April 4 after virus-related deep clean NTUC FairPrice will be reopening its FairPrice Finest outlet in Bedok Mall on April 4 following a three-day deep clean, after one of its employees working there <a href="https://www.businesstimes.com.sg/consumer/fairprice-closes-bedok-mall-ou... positive for Covid-19</a>.
Singapore Business Times (companies-markets): Singtel eyes sale of A$2b Australia tower portfolio: report SINGTEL is said to be looking to sell its telecommunications towers in Australia worth more than A$2 billion (S$1.73 billion) in total.