Singapore
Chart of the Day: Budget measures a huge help in SME staff retention
But sectors such as hospitality/F&B, amongst others, need more support.
Chart of the Day: Budget measures a huge help in SME staff retention
But sectors such as hospitality/F&B, amongst others, need more support.
Daily Markets Briefing: STI down 2.17%
OCBC saw the sharpest decline amongst top active stocks with a 4.5% drop.
Daily Briefing: CPF, HDB, IRAS to resume operations from 2 June; Kollective Ventures acquires Paktor Group
And B Capital, Antler announced collaboration.
More closures and layoffs imminent in Singapore's F&B industry
Almost 41% of restaurants surveyed have ceased their operations completely during the circuit breaker period.
COVID-19 and the challenge of off-site connectivity: The view from Singapore
When the full magnitude of the Covid-19 pandemic took hold, trading firms across the Asia-Pacific had to deploy their pre-existing business continuity plans (BCPs) - It has been an eye-opening experience. Firms have discovered that BCPs are much more than a box-ticking exercise. The planning that goes into one can determine the success–or even the survival–of a firm.
Nearly half of APAC firms stray from due diligence checks
This comes as companies struggle to monitor third-party risks during the pandemic.
Daily Markets Briefing: STI down 0.26%
SIA led the gains amongst top active stocks with a 1.96% expansion.
Daily Briefing: Vickers Venture seeks investment from Korean investors; Ride-hailer TADA's parent company completes series A funding
And Bvlgari launches Singapore online store ahead of Italy.
Chart of the Day: SMEs turn to WFH and reduced work hours to cut costs
Some in the hospitality/F&B, wholesale and construction sectors resort to delaying payments.
Check out Singapore's top 10 retailers: study
Actuals movements amongst retailers showed mixed results.
Check out EternityX's newly acquired office in JustCo
The office has the same traditional setup from their headquarters and engineering hub.
SEA VC funds accumulate $1.3b in additional assets
Singapore and Indonesia dominated the VC fundraising market.
Hotel RevPAR drops 62% YoY in Q1
The impact of the pandemic was most felt by hotels within the upscale segment.
Thomson Medical Group's directors to cut their salaries by 20%
These salary adjustments are set to take effect on 1 June.
Investment platform CapBridge bags funding from SGInnovate and Cyberport
It will be used to expand their presence in Hong Kong.
Directors of Eagle Hospitality Trust's sponsor to step down from board
Their resignations are expected to take effect by 26 May.
Travellers allowed to transit through Changi Airport starting 2 June
This is part of the strategy to gradually re-open air transport.
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