Singapore
Government launches $48b resilience budget against COVID-19 pandemic
Qualified commercial properties may receive a 100% tax rebate.
Government launches $48b resilience budget against COVID-19 pandemic
Qualified commercial properties may receive a 100% tax rebate.
MAS establishes $86.31b USD facility for banks
It aims to support more stable USD funding conditions in Singapore.
Factory output dipped 1.1% in February
The electronics sector saw the sharpest decline in output at 17.3%.
Two in five of Singapore banks' customers willing to try neobanks: survey
Whilst Citibank remains the most satisfactory bank service-wise.
Improved forecasting and digital marketing strategies in times of crisis
Marketing, much like disaster management, requires foresight, planning, preparation and every capable employee.
Wilmar establishes four subsidiaries across Asia
Its new China unit will have a registered capital of $61.22m.
ComfortDelGro hikes rental relief for cabbies
This followed measures restricting gatherings and closing bars and cinemas.
OUE to rebrand Mandarin Orchard Singapore as Hilton's flagship
They plan to spend $90m in renovating the hotel.
Singapore headed for recession: MTI forecasts
Advanced estimates on Q1 GDP showed a 2.2% contraction.
Daily Briefing: Bar and cinema closures rub salt in wound for economy; Pandemic may hit S-REITs harder than the Financial Crisis
And Singapore will make its contact tracing tech freely available to developers worldwide.
Daily Markets Briefing: STI up 6.07%
OCBC led the gains amongst top active stocks with a 6.98% climb.
Singaporean services hit record-high in customer satisfaction in 2019
But customers stil bemoan the long waiting time in hospitals.
Chart of the Day: Midsize condos took a bigger share in deals in Q4 2019
Smaller condos still dominated sales volume in the quarter.
Co-founder Zenos Schmickrath parts with Hmlet
The co-living operator saw shifts in managing their leases.
BASIS ID to support SMEs with free identity verification service
BASIS ID will dedicate 1 million free verifications to companies from APAC to help them recover from the crisis.
DBS floats digital relief solutions for COVID-hit F&B businesses
Businesses will be able to establish an online presence within three business days.
ACRA, MAS, SGX RegCo urge firms to comply with distancing measures
This follows after they released new guidelines on holding AGMs.
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