
Daily Briefing: Court grants judicial management to Swiber; Retail sector remains stuck in the doldrums
And here are 5 insurance plans for women in Singapore.
The high court of Singapore has put locally-based firm Swiber Holdings under judicial management while it reorganizes debt. According to the court order, the judicial managers should file updates to creditors every six weeks, unless they call meetings within 60 days. Know more about the story here.
Singapore's retail sales continued to post contraction despite tourist arrivals of 7.2% in June and 6.7% in July. Retail sales, excluding motor vehicles, dipped 3.2% in June and 2.3% in July. According to Cushman and Wakefield's latest retail snapshot, tourists are spending less and the Great Singapore Sale has lost its lustre. Check out the full story here.
Insurance firms understand the difference of the needs of a woman from that of a man. Insurance for women in Singapore conform to a completely different health and financial needs. Check out 5 insurance plans designed specifically for women in Singapore here.