In Focus
Tourism receipts grew 12.8% to $7.1b in Q4 2019
The growth was led by the 18% YoY increase to $2b in other components.
Tourism receipts grew 12.8% to $7.1b in Q4 2019
The growth was led by the 18% YoY increase to $2b in other components.
Tourism receipts grew 12.8% to $7.1b in Q4 2019
The growth was led by the 18% YoY increase to $2b in other components.
Big three banks' impaired loans ratio to rise to 2.5% in 2021
The pandemic’s full brunt won’t set in until later in 2020.
Retail sales down 13.3% to $3.3b in March
Declines in retail industries selling discretionary items have widened.
Hotels bank on contactless tech to entice guests during coronavirus pandemic
Firms are installing self check-in kiosks, chatbots, direct booking applications, and digital in-room dining services.
Luxury condo sales surged 72% in Q1 despite weak property market
The new sales segment boosted the quarterly figure, led by The M with 387 units.
Over half of manufacturers expect feeble business conditions
This sentiment is attributed to weakened external demand and supply chain disruptions.
Singapore and Hong Kong will be the most impacted amidst pandemic: Moody's
Both markets are deemed export-dependent.
Credit card revenues threatened as Singaporean travellers shun usage
Card users turn to cash as they steer clear of lofty transaction fees and poor exchange rates.
What discourages Singapore employees from work?
Poor delegation could leave workers feeling overburdened and unsatisfied.
Manufacturing output up 16.5% in March
Pharmaceuticals output skyrocketed 126.6%.
Big three banks' $871.5m Hin Leong exposure adds to loan pressures
More than 17,000 mortgagees have applied to defer their mortgage payments.
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.
NODX outlook remains dim despite March surge
Gold might not have enough glitter to carry Singapore’s export growth.
How S-REITs' new lifeline can improve its cash flow
It will not prompt acquisitions as S-REITs are expected to be more prudent in capital efficiency.
Residential sales up 20% in Q1: Huttons
Strong sales in January and February have more than offset the crash in March.
Lost output amidst pandemic could hit $50b: BofA
An expected recovery in 2021 won’t stop the bleeding.
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