Singapore
Retail sales plunged 40.5% in April
Rising online usage is not expected to counter the decline in other clusters in the next few months.
Retail sales plunged 40.5% in April
Rising online usage is not expected to counter the decline in other clusters in the next few months.
Daily Briefing: Singapore fishery ports to be consolidated; LingoAce nabs $9.77m in series A funding
Adn Hubble landed $5.02M in Tin Men capital-led series A.
Joint investigation kicks off against Eagle Hospitality Trust's management
Breaches of disclosure requirements under the Securities and Futures Act are suspected.
Singapore to build up its vaccine manufacturing capacity to fight COVID-19 pandemic: PM Lee
Discovering, producing, and distributing a safe and effective vaccine is deemed vital to getting life back to normal.
Daily Markets Briefing: STI up 0.25%
SIA led the gains amongst top active stocks with a 1.62% expansion.
Daily Briefing: Eligible Singaporeans to receive cash payments from 18 June; CPF contribution rates to stay the same
And car-sharing player Smove files for liquidation.
Chart of the Day: Fourth budget to lift budget deficit to 15.4% of GDP
Singapore to see the largest budget deficit since independence.
Digital economy to grow $700m as demand shifts
Online grocery demand outsped supply as buyers spent thrice more time on the Net.
PMI improves slightly to 46.8 in May
This is due to slower contractions in key indexes.
PIER71 opens application for Smart Port Challenge 2020
It will feature an innovation opportunity focussing on maritime decarbonisation for the first time.
Kimly buys six new food outlets for $35.5 million
With this move, Kimly has managed to secure 79 food outlets in total.
Standard Chartered reports historic highs of digital adoption
Its wealth management services grew more than two-fold during the circuit breaker.
PMI deteriorates further to 27.1 in May: IHS Markit
Despite deflationary pressures, purchasing power remained weak during the month.
CIMB Singapore scraps mortgage loan hike following customer backlash
CEO Victor Lee expressed his apology to affected customers.
HDB resale up 1.3% despite volume plunge in May
Resale deals dropped 82.7% to only 364 transactions.
PropNex appoints new head of research and content
PropNex aspires to expand its influence over regional real estate with this appointment.
GBCI Ventures sets up HQ, pilots ‘money app'
Currency exchange and residual currency storage are some of the services offered.
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