Singapore

Chart of the day: Department store sales crashed 84.6% YoY in April

The shutting of retail stores during the circuit breaker period dragged sales.

Grab lays off 360 employees

It assures affected employees that it will continue to provide them support.

Give Your Business' Data Protection Processes a Coronavirus Health Check

As employees continue to work from home at an unprecedented scale, how can corporate IT teams navigate unforeseen data protection challenges? The coronavirus continues to dramatically affect everyday life and the global economy. As the uncertainty of the virus impacts workers in countries around the world, including Singapore, many businesses are still determining the best way to enable remote operations for vast numbers of employees and for longer periods of time. This is absolutely the case for the IT community.

Symbo wins Digital - Insurance Broker award at SBR Technology Excellence Awards

Symbo’s Agency mobile app meets the demand for streamlining insurance transactions through its innovative features.

ST Engineering authorised to use drones in aircraft inspection

DroScan was granted the first authorization for unmanned aerial systems.

MOM orders seven workplaces to cease amidst safety lapses

All seven have now been allowed to resume operations.

Singapore sources food supply from Saudi and Poland: report

The country also imports oranges from Egypt and milk powder from Uruguay.

Hyflux appoints new lead independent director

He succeeded Teo Kiang Kok who will still be the non-executive independent director.

Suntec REIT expects better performance in H2

Its Singapore office portfolio remains resilient with diverse tenant bases.

GoBear, Chubb to pilot work from home insurance product

The policy offers protection against accident, health, and cyber security risks.

SGX's charity initiative goes virtual

The two-week virtual fundraiser pledges a total of $1.5m to kiskstart the event.

OUE C-REIT prices $100m notes due 2025 at 4%

The notes are expected to be issued on 24 June and to be listed on 25 June.

Financial institutions may reopen branches, resume in-person meetings: MAS

They must implement all safety measures and maintain a record of meetings.

SIA Group's passenger load factor hit 8.6% in May

SilkAir and Scoot saw the largest declines in passenger carriage.

CapitaLand, OCBC ink Singapore's first SORA-based loan

The $150m three-year corporate loan is part of a sustainability-linked loan.