News
Oil falls 2% despite surprise US stock drawdown
Crude had rallied on optimism that slumping fuel demand would recover.
Oil falls 2% despite surprise US stock drawdown
Crude had rallied on optimism that slumping fuel demand would recover.
Singaporeans satisfied with government response against COVID-19
Transparency with accurate information for the public worked well in curbing the pandemic.
Daily Briefing: IMDA investigates M1 fibre broadband disruption; CXA raises funding round from Humanica, HSBC Life
And Flow Technologies raised $6m in series A round.
Chart of the Day: Multi-user factory deals dropped 37.6% in Q1
This comes on the back of manufacturing firms halting expansions.
Daily Markets Briefing: STI down 0.9%
SIA saw the sharpest decline amongst top active stocks with a 6.76% contraction.
IUIGA bags $10m in series A funding
The funding will be used for product development and technology investment.
MAS, SFA, AMTD hand out $6m grant for fintechs
The grant aims to help fintech firms maintain their operations and enable them to innovate further.
Frasers Property profits fall 12.1% to $233.84m in H1
This is due to lower contributions from projects and low results from hospitality properties.
Hong Leong Asia to buy remaining shares of cement manufacturer
The shares are priced at $1.9 apiece.
Condo rents up 1.8% in April
CCR led the pack as rents rose 2.4% YoY.
Jardine Matheson faces pain in Indonesia
The effect of the pandemic weighed on its local automotive distribution unit.
Societe Generale extends one-off payment to SIA short DLC holders
The DLC lost its value after price adjustments were made to offset share dilution.
Singapore to test more than 300,000 migrant workers
The government plans to ramp up the 3,000 workers tested per day.
Circuit breaker measures to ease on 1 June if cases stay low
Measures such as social distancing will still remain after.
Sembmarine dreads double whammy from pandemic and oil price drop
They are expecting business activity to remain low.
Most companies prioritise employee safety: survey
This comes as Singapore prepares to return to the workplace.
Daily Briefing: Validus bagged $28.35m in series B funding; SFA launches tender for rooftop farming sites at HDB car parks
And retrofitted SMRT buses to transport patients between facilities.
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