In Focus
Retail sales plunged 40.5% in April
Retail sales plunged 40.5% in April
Rising online usage is not expected to counter the decline in other clusters in the next few months.
Digital economy to grow $700m as demand shifts
Online grocery demand outsped supply as buyers spent thrice more time on the Net.
PMI improves slightly to 46.8 in May
This is due to slower contractions in key indexes.
Share buyback value halved to $14.9m in May
ST Engineering led the pack as it bought back 2 million shares for $6.31m.
RIABU's pledge2play backs debt-ridden SMEs in payments showdown with big firms
Most SMEs are cash-strapped before COVID-19 and loans are seen as an expensive option.
Business in the time of Corona
Singapore’s business leaders reveal how they responded and how firms are coping with it.
Online MBA programmes emerge as pandemic prompts temporary closures
Some of the top MBA providers are planning to launch online programmes in the future.
Q2 could be Singapore's worst quarter yet: analyst
Even the strong pharma production may not be enough to cushion the damage.
Singapore unveils $33b ‘Fortitude' Budget
The new budget focuses on employee retention and rental support.
GDP could contract 4% to 7% in 2020: MTI
Weak external demand will continue counter projected expansion of the manufacturing sector.
VCs bet big on ESG startups
Investments in the urban solutions and sustainability domain surged 56% over last year.
Check out Singapore's top 10 retailers: study
Actuals movements amongst retailers showed mixed results.
Nearly half of local restaurants won't last beyond two months: survey
Delivery and takeaway are not enough to offset revenue loss after the circuit breaker measures.
Singapore to implement three-phase reopening plan
Some manufacturing and healthcare businesses will be allowed to resume on 2 June.
Lower dividends on the horizon for banks' shareholders: analyst
Requirements to allow for losses may force dividends to be cut.
NODX up 9.7% in April
Pharmaceuticals formed bulk of the growth for the month.
New startup sectors gain ground as VCs fill up coffers
Specialised funds are growing larger than ever, but where does the money go?
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