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Article Higher taxes not expected for expansionary Budget 2020
By: JANICE HENG,   The Business Times  The Business Times  (FRONT PAGE)  22/01/2020
SINGAPORE BUDGET 2020 Government has large accumulated surplus; with the impending GST hike, tax increases are unlikely, analysts say janiceh@sph.com.sg @JaniceHengBT Singapore THIS term of government's large accumulated surplus should allow for an expansionary Budget 2020, even in the absence of   (1121 words)
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Article Grab's rewards revamp trades points for sustainability
By: SHARANYA PILLAI,   The Business Times  The Business Times  (FRONT PAGE)  22/01/2020
STARTUPS hspillai@sph.com.sg @SharanyaBT Singapore GRAB'S rationalisation of its rewards programme is unsurprising with the launch of the GrabPay Card, but may also reflect the SoftBank-backed firm's efforts to key an eye on costs amid a push for profitability, market watchers told The Business   (879 words)
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Article Help bosses hire older workers: SNEF
By: ANNABETH LEOW,   The Business Times  The Business Times  (TOP STORIES)  22/01/2020
SINGAPORE BUDGET 2020 leowhma@sph.com.sg @AnnabethLeowBT Singapore WITH retirement and re-hiring ages set to go up in the next decade, the Singapore National Employers Federation (SNEF) is urging more support for hiring older workers. All of the trade union's Budget recommendations, released on   (410 words)
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Article SMEs need more liquidity, access to digital solutions: SBF
By: LEILA LAI,   The Business Times  The Business Times  (TOP STORIES)  22/01/2020
SINGAPORE BUDGET 2020 Among panel's suggestions: a one-stop digital trade platform and more support from the Loan Insurance Scheme leilal@sph.com.sg @LeilaLaiBT Singapore THE Singapore Business Federation (SBF) SME Committee on Tuesday called for increased liquidity and greater access to digital   (913 words)
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Article Singapore releases new initiatives on AI governance for consumer trust
By: SHARON SEE,   The Business Times  The Business Times  (TOP STORIES)  22/01/2020
sharons@sph.com.sg @SharonSeeBT Singapore A YEAR after releasing a framework on how artificial intelligence (AI) can be used ethically, Singapore on Tuesday unveiled a set of new initiatives on AI governance aimed at enhancing consumer trust. The initiatives include an Implementation and   (531 words)
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Article More China players emerge among bids for Singapore digibank licences
By: NATALIE CHOY AND VIVIEN SHIAO,   The Business Times  The Business Times  (TOP STORIES)  22/01/2020
DIGITAL BANKS Shanghai Jifu Information Tech Service, Greenland Group have teamed up with partners to bid for wholesale licence choycmn@sph.com.sg @NatalieChoyBT vshiao@sph.com.sg @VivienShiaoBT Singapore TWO more Chinese players have made public their digital wholesale banking bids in   (750 words)
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Article Tighter budgets see slower start to Lunar New Year shopping
By: XIAO ZIBANG,   The Business Times  The Business Times  (TOP STORIES)  22/01/2020
LUNAR NEW YEAR SALES btnews@sph.com.sg Singapore SLOW starts to the Lunar New Year buying season did not stop gift companies and retailers from projecting optimistic sales for the festive period this year, despite the slower economic growth that has led to some belt tightening among consumers.   (582 words)
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Article Keppel DC Reit's Q4 DPU dips marginally
By: CLAUDIA CHONG,   The Business Times  The Business Times  (COMPANIES & MARKETS)  22/01/2020
chongkmc@sph.com.sg @ClaudiaChongBT Singapore KEPPEL DC Reit on Tuesday posted a distribution per unit (DPU) of 1.83 Singapore cents for the fourth quarter ended Dec 31, down from 1.85 cents a year ago. Excluding the impact of the pro-rata preferential offering in October 2019 of about 0.1 cent per   (399 words)
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Article Keppel Pacific Oak US Reit posts Q4 DPU of 1.51 US cents
By: CLAUDIA CHONG,   The Business Times  The Business Times  (COMPANIES & MARKETS)  22/01/2020
chongkmc@sph.com.sg @ClaudiaChongBT Singapore KEPPEL Pacific Oak US Reit (KORE), previously known as Keppel-KBS US Reit, on Tuesday posted a fourth-quarter restated distribution per unit (DPU) of 1.51 US cents, higher than the restated DPU of 1.25 cents in the same period a year ago. DPU for the   (442 words)
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Article Mapletree Industrial Trust's Q3 DPU up from 3.07 to 3.16 cents
By: CLAUDIA CHONG,   The Business Times  The Business Times  (COMPANIES & MARKETS)  22/01/2020
chongkmc@sph.com.sg @ClaudiaChongBT Singapore NEW revenue contributions lifted Mapletree Industrial Trust's (MIT) distribution per unit (DPU) for the third quarter to 3.16 Singapore cents on an enlarged units base, up from 3.07 cents a year earlier. Distributable   (457 words)
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