Economy
Manufacturing PMI hit 50.1 in August
Manufacturing PMI hit 50.1 in August
It reflects improvements in the manufacturing and electronics sectors.
Daily Briefing: Sea-air freight an opportunity for Singapore as a transport hub; Biofourmis snags $136.39m led by SoftBank Vision Fund 2
And YouthTech programme to equip 1,000 youths with digital skills, offer work experience.
Daily Briefing: MPs call for firms to be more transparent on foreign hiring; e-games startup Potato Play raises $2.38m
And Intrepid Group secures undisclosed pre-series B funding.
Daily Markets Briefing: STI down 1.78%
OCBC Bank saw the sharpest decline amongst top active stocks with a 3.82% contraction.
Singapore, Thailand to speed up talks on essential business travel
The continued momentum in bilateral engagements despite the pandemic, has been welcomed by both the countries.
Ministry of Manpower sets higher minimum salary requirement for EP and S Pass applicants
The move comes into effect as companies face shortages for skilled manpower critical for recovery and growth.
Daily Briefing: MAS to ensure ‘well-paced' exit of COVID-19 reliefs; Travelers to China to receive special testing
And Equis has sold two biomass projects to Tokyo Gas.
Manufacturing output dipped 8.4% in July
Output from all clusters, except precision engineering, dropped.
Cost of employing expats dropped over $5,200
Singapore's standing as one of the most expensive locations for hiring expats fell to ninth place.
Daily Briefing: Singapore, Indonesia begins talks on reciprocal green lane; Government invests $82.95m in Phoenix Mills' QIP
And MSF to strengthen social safety nets amidst pandemic.
Daily Briefing: Singapore sees cycling boom amidst pandemic; Scoot modifies A320 aircraft
And Reapra launches a virtual hackathon for female founders.
Core inflation to remain in the red till end-2020
External pricing and imported food prices will be pressured by global factors.
Singapore sees 0.4% deflation in July
Costs of electricity and gas and food saw a steeper decline.
72% of small businesses are satisfied with government efforts
Amongst ASEAN markets, Singapore is the most pleased with the relief efforts.
Daily Briefing: About 330 got jobs with start-ups under SGUnited package; See-Mode raises $9.7m series A round
And TADA unveils new wet market delivery service.
Domestic wholesale sales down 40.6% in Q2
Likewise, foreign wholesale sales dropped 30.4% over the same period.
Daily Briefing: Doyobi announces $1.37m in funding from 500 Startups; Hubble snags funds led by OSK Ventures
And Drone sector takes off with more potential for range of uses.
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