Singapore
Daily Markets Briefing: STI down 1.29%
Wilmar International saw the sharpest decline amongst top active stocks with a 10.29% contraction.
Daily Markets Briefing: STI down 1.29%
Wilmar International saw the sharpest decline amongst top active stocks with a 10.29% contraction.
Daily Briefing: About 330 got jobs with start-ups under SGUnited package; See-Mode raises $9.7m series A round
And TADA unveils new wet market delivery service.
Chart of the Day: Office rents fell in Q2
Grade B offices at Shenton Way/Robinson Road/Tanjong Pagar led the decline.
IRAS, ACRA launch software allowing SMEs to file tax returns digitally
It will reportedly on take 30 minutes for SMEs to file their forms.
Domestic wholesale sales down 40.6% in Q2
Likewise, foreign wholesale sales dropped 30.4% over the same period.
A 5,000% surge makes Medtecs the top stock in Singapore
The firm is also amongst the best in the global health-care supply sector for 2020.
Ransomware is big business – here is what Singapore businesses should know
Cities around the world including Singapore were laid bare by the pandemic that has forced businesses to start working from home on a massive scale. But it doesn’t just end here. This new model has dramatically broadened the cyberattack surface. Remote workers are now easy conduits to corporate resources, and most organisations are unprepared to spot unusual network activities generated by these remote users.
Startups under SGUnited Jobs and Skills provided 4,600 jobs: MOM
Salaries are also assured to be in line with the industry norm.
ERA, LytePay, Rapyd launches business wallet and payment card for real estate agents
The card is set to offer instant commission payouts and other financial benefits.
Seven in 10 businesses to adopt fintech in the next year: report
Mobile payments will be utilised more in the next 12 months.
UOB resumes full operation of bank branches
Customers visiting a branch are required to wear mask and follow safety protocols.
Archer Daniels Midland to cut stake in Wilmar, sell shares for $685.28m
The company had a 24.6% effective stake in Wilmar as of 4 March.
SIA burns half of the $8.8b raised in 2 months
About $2b was used to repay a bridge loan facility.
Millennium Hotels and Resorts cuts 159 jobs
They will also reduce 42 foreign workers from their headcount.
Hong Kong, Singapore wealth management take a snag amidst the pandemic
Lockdowns across the region force wealth managers to stay at home.
GuocoLand to build mixed-use development at Tan Quee Lan Street
It will have 1.5 million sqft of gross floor area, sprawling over 3.2 ha of prime land.
Retail loans to shrink 2.5% in 2020
New loan applications have declined as consumers are cautious of falling under debt.
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