News
Daily briefing: Retail sales suffer as COVID resurge in Asia; SG sets 75% vaccination target before easing restrictions
And Singapore pushes through with Pedra Branca developments.
Daily briefing: Retail sales suffer as COVID resurge in Asia; SG sets 75% vaccination target before easing restrictions
And Singapore pushes through with Pedra Branca developments.
Market Update: STI up 1.72%
Keppel DC Reit and Singapore Airlines both grew by 3.60%
MOF consults industries on tax system changes
Singapore ensures that it will safeguard taxing rights and will seek to minimize the compliance burden for businesses in the adjustment.
Older adults still hesitant to get COVID-19 jabs: study
The government is encouraged to target older individuals aged 71 to 75.
Citi appoints 5 Singaporeans to senior positions across APAC
This includes the new head of Integrated Corporate Bank for its Taiwan business.
CBD Grade A rents stabilize, recovery seen in H2
Vacancy in the second quarter expanded, but CBD Grade A rents are expected to recover in the second half.
MOF seeks feedback on Goods and Services Tax Act amendments
The Ministry of Finance plans to amend the introduction of GST on imported low-value goods and non-digital services.
Tech, healthcare sectors project highest salary increase for 2021: report
Managers who switch companies may see an increase of 5% to 10% in salary.
Dine-in restrictions to ease by July 12
Groups of five can dine together in F&B establishments starting next week.
Q2 records highest vacancy rates for CBD Grade A offices in 3 years
Vacancy rates surged to 4.6% in Q2 2021.
MAS extends support facility for SMEs
The extension is from 1 October 2021 to 31 March 2022.
Ready for takeoff: STE’s recovery in sight as Airbus ramps up production
Airbus targets to increase production to 45 per month by the fourth quarter.
Daily Briefing: SG amongst top cities for remote work; Review of COVID-19 response more apt than Commission of Inquiry, says official
And NTU still resolving hall allocation issues.
Market Update: STI up 0.39%
Keppel Corp fell by 0.74%.
Chart of the Day: SGX total share buyback for H1 2021 hits $368m
It was down from the 81 stocks buying back $663m in combined consideration in H1 2020.
May food and beverage sales increase by 46.4% to $617m
More than a third of F&B sales were done online.
Retail sales up 79.7% to $3.3b in May
However, this is still below pre-COVID levels.
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