Economy
Daily Briefing: Perennial Real Estate says AXA Tower shareholder loan amounts to $364.7m; Spark Systems raises $21.39m in series BB funding
And Temasek joins Facebook’s global payments system Libra.
Daily Briefing: Perennial Real Estate says AXA Tower shareholder loan amounts to $364.7m; Spark Systems raises $21.39m in series BB funding
And Temasek joins Facebook’s global payments system Libra.
What do Singaporeans look for in a brand?
Not taking advantage of a crisis was regarded as the top attribute.
Daily Briefing: Johor government to establish investment firm in Singapore; Travecta Therapeutics bags $21.32m in series A funding
And FoodRazor snags $1.28m seed funding.
Singaporeans satisfied with government response against COVID-19
Transparency with accurate information for the public worked well in curbing the pandemic.
Daily Briefing: IMDA investigates M1 fibre broadband disruption; CXA raises funding round from Humanica, HSBC Life
And Flow Technologies raised $6m in series A round.
Singapore amongst the last to recover from COVID-19: analyst
The region will likely go back to its pre-COVID levels by Q1 2021.
Circuit breaker measures to ease on 1 June if cases stay low
Measures such as social distancing will still remain after.
Daily Briefing: Validus bagged $28.35m in series B funding; SFA launches tender for rooftop farming sites at HDB car parks
And retrofitted SMRT buses to transport patients between facilities.
Daily Briefing: Entropica Labs snags $2.6m in seed funding; Parts of Singapore racecourse to be converted into recovery facilities
And IKEA’s first small-store concept in SEA to open at Jem.
SGX Mainboard lifts minimum trading price rule
MTP watchlist companies are no longer required to satisfy exit criteria.
Daily Briefing: HSBC alleges Zenrock sought multiple loans for same oil cargo; Electric motorcycles set to rev up
And HPS, GIC take over outsourcing player Atento.
Philippine economy contracts 0.2% in Q1
The contraction was due to the Taal volcano eruption and lockdowns brought by the pandemic.
China's exports rose 3.5% YoY in April
The increase in exports is led by Japan, Australia, and Taiwan.
Daily Briefing: NEA rolls out $1.76m food waste fund; Fund managers may now tap into stay-at-home talent
And Mustafa Centre reopens supermarket after month-long closure.
Daily Briefing: SIA, Qantas tie up with Australia to carry produce to Asian markets; Three quarters of UOB staff now WFH
And DWS acquires warehouse in Singapore.
Daily Briefing: Singapore to ramp up factory activities as virus curbs ease; MCI, IMDA working with telcos to boost network capacity and internet connection
And d:tribe invests in Australian AI startup Shelfie.
Daily Briefing: Zero or single-digit cases needed to lift ‘circuit breaker'; hospitality association co-launches hotel benchmarking tools
And financial comparison startup GoBear buys fintech startup AsiaKredit.
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