News
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.
Two in five of Singapore banks' customers willing to try neobanks: survey
Whilst Citibank remains the most satisfactory bank service-wise.
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.
Chart of the Day: Midsize condos took a bigger share in deals in Q4 2019
Smaller condos still dominated sales volume in the quarter.
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.
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).
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