Singapore
940,000 HDB households to get $134m in S&CC rebates
Households with one- and two-room types will have 3.5 months of rebate.
940,000 HDB households to get $134m in S&CC rebates
Households with one- and two-room types will have 3.5 months of rebate.
Not all-gloomy: retail sales shift to supermarkets
Sheng Shiong’s and Dairy Farm’s earnings would likely grow by around 3%.
REIT ETFs' turnover soared 82.5% to $57.3m in March
They averaged a dividend yield of 6.6% and a total return of -30.8% YTD.
Local bankruptcies rose to record-high even before the pandemic hit
The number of individuals filing for bankruptcy soared 47% from 2018 to 434 in January.
Olam completes stake sale in Indonesian JV for $123.03m
After final adjustments, the total consideration for the deal was $119.44m (US$82.5m).
GL closes hotels temporarily amidst lockdowns
Its subsidiary’s hotels saw a reduction in bookings and rise in cancellations.
Chart of the Day: Home launches in CCR break 2019 record with 525 units in Q4
The collective sales fever from 2017 to 2018 boosted project launches in prime districts.
Daily Markets Briefing: STI up 5.76%
Singtel led the gains amongst top active stocks with a 8.33% expansion.
General insurance sector posts $28m in underwriting loss for 2019
The top five segments accounted for a combined $43.4m underwriting loss.
Daily Briefing: SIA implements no-pay leave days for pilots; Waste management firm Blue Planet bags $36m
And Expara Ventures launches accelerator programme for COVID-19 solutions.
A Singaporean executive's guide to mentorship
I have read articles, self-help books, and sought out every older working person to share with me their secrets to success. Beside the echoes of peers and superiors regaling their past learning experiences, the one thing they always recommended to me was to find a mentor.
honestbee issued demands for breach of fiduciary duties against ex-CEO and director
Sng and Wong made property deals and companies that the firm paid for.
Deliveroo sign-ups surged 50% in March
Restaurants turn to delivery to help prevent transmission of COVID-19. Deliveroo saw a 50% MoM jump in restaurant sign-ups as of 1 March, a press release revealed. The food delivery platform also shared that they had over 600 restaurants join their platform since late-January.
Singapore, Australia to enhance connectivity in financial services
Both countries will prohibit requirements for data localisation.
Cybersecurity startup Horangi bags $29.09m in series B funding
Funds will be used to strengthen the company’s position within the region.
Inflation to ease further amidst collapse in demand
MAS is expected to lower their inflation forecasts to -0.5 to 0.5%.
EHT suspends stapled securities trading as $496.11m in loans defaulted
Its master lessees failed to pay rent.
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