Singapore
Singtel's Indian unit divests 2.75% stake for $1.63b
Bharti Group and Singtel will continue to own 56.23% in Bharti Airtel.
Singtel's Indian unit divests 2.75% stake for $1.63b
Bharti Group and Singtel will continue to own 56.23% in Bharti Airtel.
Daily Markets Briefing: STI up 1.22%
CityDev led the gains amongst top active stocks with a 3.66% expansion.
Chart of the Day: Tenant sales of local malls slowed in Q1
Suburban malls seem to be holding up better.
Daily Briefing: Authorities move on 'anti-competitive activity' on fuel retailers; Warburg Pincus to increase stake in ARA Asset Management
And Carousell to help SMEs digitise business.
Fiscal deficit totals $74.3b: DPM Heng
This follows after Singapore unveiled the $33b “Fortitude” budget.
Singapore unveils $33b ‘Fortitude' Budget
The new budget focuses on employee retention and rental support.
Inflation slips 0.3% in April
The pandemic and measures implemented impacted the collection of prices.
Singapore crowned as best city in managing post-COVID-19 era
The city-state came first as well with the lowest change in unemployment rate.
ComfortDelGro profits fell 48.9% to $36m in Q1
This is due to the decline in revenue from public transportation services and taxis.
StarHub's cybersecurity revenue grew 79% in 2019
Ensign InfoSecurity's profitability could be affected by the pandemic.
NODX up 5.8% in Q1
Non-electronic exports countered the lower exports seen on electronics.
GDP could contract 4% to 7% in 2020: MTI
Weak external demand will continue counter projected expansion of the manufacturing sector.
Singapore to move on second phase of reopening by end of June: report
Government plans to continue testing the population.
DBS approves loans worth $1.1b for micro, small businesses
Interest rates of Enterprise Singapore financing schemes averaged 2-3%.
CapitaLand launches eCapitaMall and Capita3Eats in Singapore
Both the e-commerce platforms will be publicly accessible from 1 June.
New life insurance business premiums up 10% in Q1
More consumers take action to secure their financial future in view of COVID-19.
VCs bet big on ESG startups
Investments in the urban solutions and sustainability domain surged 56% over last year.
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