Economy
Chart of the Day: SMEs turn to WFH and reduced work hours to cut costs
Chart of the Day: SMEs turn to WFH and reduced work hours to cut costs
Some in the hospitality/F&B, wholesale and construction sectors resort to delaying payments.
Daily Briefing: Vickers Venture seeks investment from Korean investors; Ride-hailer TADA's parent company completes series A funding
And Bvlgari launches Singapore online store ahead of Italy.
SEA VC funds accumulate $1.3b in additional assets
Singapore and Indonesia dominated the VC fundraising market.
Chart of the Day: Delayed payments perceived as top hiccup for SMEs
The services and transport/storage sectors registered the highest occurrence of late payments.
Daily Briefing: ComfortDelGro trials plastic shields in 400 taxis; Solubots unveils self-cleansing disinfecting robots
And Sirius Ventures leads funding in ShuttleOne.
Singapore to implement three-phase reopening plan
Some manufacturing and healthcare businesses will be allowed to resume on 2 June.
Daily Briefing: ARA Asset Management delays closing of second value-add fund; Grab Ventures Velocity programme selects five startups
And agritech accelerator Grow launches Food Bowl programme.
Chart of the Day: Over half of logistics SMEs expect negative outlook
They are anticipating more challenges on operating capital in the next six to 12 months.
Japan's GDP growth could contract 5.2%
Economy activity is expected to suffer despite restrictions being lifted in prefectures.
Thailand's GDP to maintain 4% contraction
This comes as exports, public consumption, and investment dragged on growth.
Navigating business through chaotic times in Singapore: five ways to evolve in a post-pandemic world
Singapore, like the rest of the world, has their hands full in dealing with the COVID-19 pandemic. We have seen a torrent of change, and adjustments...
Daily Briefing: Gojek partners with Deliveroo to provide food delivery; Holmusk closes $30.48m series A round
And Logos, CSC to redevelop a warehouse in Singapore.
Chart of the Day: Nearly half of SMEs anticipate worse business conditions
Transport/storage, hospitality/F&B, wholesale, and retail sectors are expecting less sales.
Daily Briefing: Perennial Real Estate says AXA Tower shareholder loan amounts to $364.7m; Spark Systems raises $21.39m in series BB funding
And Temasek joins Facebook’s global payments system Libra.
What do Singaporeans look for in a brand?
Not taking advantage of a crisis was regarded as the top attribute.
Daily Briefing: Johor government to establish investment firm in Singapore; Travecta Therapeutics bags $21.32m in series A funding
And FoodRazor snags $1.28m seed funding.
Singaporeans satisfied with government response against COVID-19
Transparency with accurate information for the public worked well in curbing the pandemic.
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