Economy
Daily Briefing: Wallex Technologies nabs undisclosed series A funding; Split secured an undisclosed funding led by 500 Startups
Daily Briefing: Wallex Technologies nabs undisclosed series A funding; Split secured an undisclosed funding led by 500 Startups
And Tychan to start human clinical trials for potential COVID-19 treatment.
Singapore is now fifth priciest market for expats
The drop was a result of the strengthening of the USD against SGD.
Daily Briefing: Customers warned against making payments to Global ATC; Vulpes rolls out COVID-19 fund
And AnyMind launches a programme to help influencers kickstart their brand.
Negative business outlook eases in Q3: study
The sentiments for most sectors were countered by an uptick in manufacturing and finance.
Daily Briefing: Wearable TraceTogether tokens to be rolled out in June; Safeguards needed before travel between Singapore and Malaysia can resume
And 3DInfra raises pre-series A from SEEDS, M Venture.
Chart of the Day: Official reserve assets grew to $424.8b in April
Singapore’s fiscal standing to remain sustainable.
EDBI and SEEDS Capital to disburse $285m to startups
The scheme will provide time-limited funding during the pandemic.
Daily Briefing: Singapore fishery ports to be consolidated; LingoAce nabs $9.77m in series A funding
Adn Hubble landed $5.02M in Tin Men capital-led series A.
Chart of the day: Transport costs dipped 4% YoY in April
It is considered as one of the main factors that dragged consumer prices over the period.
Chart of the Day: Fourth budget to lift budget deficit to 15.4% of GDP
Singapore to see the largest budget deficit since independence.
Daily Briefing: Eligible Singaporeans to receive cash payments from 18 June; CPF contribution rates to stay the same
And car-sharing player Smove files for liquidation.
PMI improves slightly to 46.8 in May
This is due to slower contractions in key indexes.
PMI deteriorates further to 27.1 in May: IHS Markit
Despite deflationary pressures, purchasing power remained weak during the month.
Daily Briefing: National Jobs Council to open job pathways amidst pandemic; Moovaz acquires SPH publication The Finder
And startup Intelllex bags $2.94m from Quest, Reuters, Insignia, others.
Chart of the Day: Headline consumer prices fell 0.74% YoY in April
This is the second straight month of deflation for the city-state.
Philippines' manufacturing PMI rose to 40.1 in May
Easing of measures helped businesses to restart operations.
Daily Briefing: HDB to offer 7,800 BTO flats in August sales exercise; XA Network invests in Vertex Ventures' $428.39m fund IV
And Singtel Innov8 backs $73.04m series D in Synack.
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