Singapore

Alibaba's Cainiao Network launches Singapore-China air freight route

This was made to support an increased cross-border shipment.

Fintech firm Fave unveils QR payments to DBS PayLah, Singtel Dash users

Users buying from Fave’s partner merchants will receive up to 20% instant cashback.

Singapore expat jobs under threat in recession, local hire push

Recruiters say that the barriers to entry are mounting.

Singapore retail vacancy rate hits record high of 9.6% in Q2

Demand for retail space also reached the highest contraction since 2011.

DBS, Wilmar ink Singapore's first SORA agribusiness loan

Wilmar has option to enter into a SORA interest rate swap.

Daily Markets Briefing: STI down 1.78%

Medtecs International led the gains amongst top active stocks with a 9.86% expansion.

Fall in biomedical production surprising, but likely transient: analyst

Demand for pharmaceutical stocks is expected to remain strong throughout 2020.

Keeping the world online in times of crisis and beyond

When COVID-19 struck, people were looking for masks, gloves and toilet paper. But for enterprises, they were demanding data network, and lots of it – to ensure their connectivity remains strong for remote work collaboration. Telstra’s business is to connect the world to Asia, and Asia to the world; our network – including the largest subsea cable network in the Asia- Pacific region – was the very first to see these data demands. Our international network sees a dizzying amount of traffic on any given day, but the increase in data being sent back-and-forth during COVID-19 is truly massive. The demands for data have spiked significantly, seemingly overnight, by up to 50%.

Singtel, Great Eastern float general insurance plans

They will be starting with Singtel Home Protect which covers telco and housing bills.

Manufacturing output dipped 8.4% in July

Output from all clusters, except precision engineering, dropped.