Economy
Daily Briefing: SIA Group passenger carriage drops 98.6% in July; Over 140 employees from SPH to be affected by retrenchment exercise
Daily Briefing: SIA Group passenger carriage drops 98.6% in July; Over 140 employees from SPH to be affected by retrenchment exercise
And Zoom opens a new data center in Singapore.
Economy to remain in contraction in H2 despite new fiscal package
Analysts believe that it would not be enough to boost the labour market and tourism scene.
Daily Briefing: EZ-Link, Touch 'n Go launch dual-currency contactless card; Aura Group, Conduit House raised $82.07m for hotel upgrade
And Singapore carriers' pilots and cabin crew who are returning from overseas to be tested for COVID-19.
Singapore unveils additional $8b fiscal package
The government has put more emphasis on job security, extending the Job Support Scheme for seven months.
NODX up 6% in July
Both electronic and non-electronic exports rose, albeit at a slower pace.
Daily Briefing: National Wages Council to update guidelines by September; Anchanto raises $16.6m in series C funding
And all SCDF frontliners to get smart watches by 2022.
Daily Markets Briefing: STI down 0.56%
ST Engineering led the gains amongst top active stocks with a 3.67% expansion.
Daily Briefing: Singapore, Japan to resume essential business travel; Foodpanda, ST Engineering tests drone food delivery
And blockchain accelerator Tribe goes virtual for batch 3.
Daily Briefing: SIA offers cabin crew early release and retirement; BondEvalue launches bond exchange platform BondbloX
And foreign workers resume certain types of work without needing BCA approval.
Household spending growth weakens as consumers focus on essentials
Purchases are concentrated on food and health products.
Daily Briefing: Start-up QIQ aims to roll out shared electric microcars; Incomlend raises $27.47m series A led by Sequoia
And over 6,000 of SIA Group's staff have taken no-pay leave since March.
NODX grew 6.5% in Q2
This was largely driven by a 132.7% surge in non-monetary gold exports.
GDP contraction widened to 13.2% in Q2
MTI’s economic forecasts were also further slashed for 2020.
Daily Briefing: Travelling Singaporeans, PRs can tap subsidies; PPRO raises $68.45m
And ride-hailing firm TADA raises US$5M led by Central.
Daily Briefing: Singapore to widen range of visitors as tourism wanes; COE prices close higher across all categories
And Singapore-listed KS Energy CEO charged with market rigging offences.
PMI remains in contraction at 45.6 in July: IHS Markit
In line with SIPMM’s results, it was the highest figure recorded in five months.
Daily Briefing: AirAsia to resume Malaysia-Singapore flights; Biotech startup Gero raises $3.02m in series A round
And e-learning marketplace ACKTEC secures undisclosed funding.
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