Singapore
Banks to report healthy Q1 loan growth as companies boost liquidity
But credit charges are expected to rise further.
Daily Briefing: Oil tankers crowd Singapore's coastline; Home-based businesses limited to online operations
And logistics startup Moovaz bags $9.93m in Series A round.
Chart of the Day: Check out the top five property transactions in Q1
Residential GLS sites dominated property transactions in the city.
Daily Markets Briefing: STI up 1.24%
Singtel saw the biggest jump amongst top active stocks with a 2.59% rise.
Sembcorp unit begins legal proceedings against Hin Leong for gasoil reserves
The court has ordered to restrain Hin Leong’s affiliate from moving the reserves.
Singtel units secure $4.17b in credit facilities
One of its subsidiaries signed a three-year $2.5b revolving credit with 13 banks.
Airlines struggle to tap into debt capital markets: SIA
Concerns were raised over SIA’s proposed $8.8b issue of share rights to raise cash.
Credit card revenues threatened as Singaporean travellers shun usage
Card users turn to cash as they steer clear of lofty transaction fees and poor exchange rates.
What discourages Singapore employees from work?
Poor delegation could leave workers feeling overburdened and unsatisfied.
Fashion takes over sharing economy: Clothing rentals gain popularity
Since 2015, a number of clothing rental services have sprung up in Singapore’s retail scene.
Chart of the Day: Auction listings dipped 3.5% in Q1
Its success rate further sunk to an all-time low since 2011 at 0.4%.
Daily Markets Briefing: STI down 0.95%
SGX saw the sharpest decline amongst top active stocks with a 5.12% fall.
Daily Briefing: Razer's mask production line starts operations; Insurtech Axinan clinches Series A+ funding
And fund management firm Sistema Asia ties up with Russia’s state fund.
STB unveils $20m marketing programme for tourism firms
It aims to support marketing costs and award funding boosters to companies.
Manufacturing output up 16.5% in March
Pharmaceuticals output skyrocketed 126.6%.
Mapletree Logistics Trust's NPI rose 12.6% to $438.54m in FY2020
Existing properties posted higher revenues.
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