Business

Profitable but undervalued, The Hour Glass deserves a reset

One of the most interesting market phenomena in the wake of the Covid-19 pandemic has been the surge in retail interest in equities. Bourses across the world are noticing a significant increase in trading activities associated with the “small guy”. Please subscribe or log in to continue reading the full article. Get unlimited access to […]

Economy

Insurance premiums rising for Singapore businesses on Covid-19 risk aversion: Aon

SINGAPORE – Insurance pricing is increasing across most lines of business in Singapore as the industry reacts to recent losses and uncertainty over the coronavirus pandemic, according to a report by Aon. Insurers are also trying to limit potential losses by reducing or sometimes withdrawing their capacity to write new policies or renew them, said […]

Business

Investors left in the lurch as investment platform CoAssets runs into trouble

SINGAPORE (THE BUSINESS TIMES) – The Monetary Authority of Singapore (MAS) will review and take necessary action if CoAssets’ licensed subsidiary – now known as CA Funding – has breached regulations. As a matter of policy, the financial regulator does not disclose its dealings with regulated financial institutions, said a spokesperson. MAS added that it […]

Business

SBF chief exec retiring after a decade of service

Singapore Business Federation (SBF) chief executive officer Ho Meng Kit will retire on Jan 1 after 10 years of service. The business chamber announced yesterday that the 64-year-old, who was appointed in 2011, will continue to help SBF as a senior adviser. Deputy CEO Lam Yi Young, 48, who joined the chamber in July, will […]

Business

Trade associations and chambers play key role in helping firms grow, overcome crises

SINGAPORE – The Singapore Chinese Chamber of Commerce and Industry (SCCCI) helped more than 680 firms venture into China in the first half of this year, an indication of the role trade associations and chambers play in growing companies here. As an important bridge between the Government and firms, these organisations also help companies overcome […]