Economy
Daily Briefing: Temasek Trust launches $10m COVID-19 assistance fund; SMRT extends full rental waiver for taxis
And Singapore launches its first drone delivery service.
Daily Briefing: Temasek Trust launches $10m COVID-19 assistance fund; SMRT extends full rental waiver for taxis
And Singapore launches its first drone delivery service.
Chart of the Day: Job vacancy to unemployed ratio fell below 1.0 in 2019
The labour scene was already weakening even before the pandemic struck.
Unemployment rate broadened to 2.4% in Q1
Total employment dropped to an all-time low since the SARS outbreak.
Daily Briefing: Syfe partners with SGX to launch REIT portfolio; ShopBack acquired South Korea's largest cashback platform Ebates Korea
And Vickers Venture Partners leads a $48.15m funding round for a California-based startup.
Unemployment rate may widen to 3.6% by end-2020: analyst
Firms are expected to shed more headcount to bring down manpower costs.
Singapore and Hong Kong will be the most impacted amidst pandemic: Moody's
Both markets are deemed export-dependent.
UBI could seal the widening financial cracks in Singapore but there are significant downsides
UBI (Universal Basic Income) in Singapore has its advantages and viabilities. In this post, we will look at the challenges in implementing UBI, and...
The Case for UBI in Singapore (the perspective from a Southeast Asian voice)
Universal Basic Income (UBI) or a "universal wage". This programme is essentially an unconditional payment made to all citizens (or residents) of a...
Close to 7 in 10 expect business environment to deteriorate in H2
Around 76% expect revenue to contract in 2020. About 69% of Singapore’s occupier clients expect the business environment to deteriorate in H2 2020...
Daily Briefing: Sembcorp subsidiary terminates deal with Hin Leong; New circuit breaker deemed “unclear” by some F&B businesses
And FairPrice introduces 'store on wheels' to residents.
Consumer prices dipped 0.2% in March
The costs of private transport and services continue to drop.
ST Engineering subsidiary to issue $1.07b notes on 29 April
The notes will be issued under the $5b medium-term note programme.
Daily Briefing: PE firm Northstar makes first close of its $1.14b fifth fund; Tenants frustrated on lack of rental rebate information
And visits to four popular markets to be restricted based on identification card numbers.
Singapore's streets empty out as extended circuit breaker imposes tighter rules
The Lion City continues to prioritise safety, but its business landscape gets worse each day.
Government unveils latest $3.8b support measures
It comprises JSS and FWL extensions for another month.
Daily Briefing: 17,000 bank customers seek to defer mortgage payments; Zilingo lays off 5% of global workforce
And NetLink service suspension lifted, contractors step up COVID-19 safety measures.
Circuit breaker measures extended until June 1
The measures were originally scheduled to be lifted on May 5.
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