In Focus
New startup sectors gain ground as VCs fill up coffers
New startup sectors gain ground as VCs fill up coffers
Specialised funds are growing larger than ever, but where does the money go?
Aviation industry can pull through amidst crisis: SIA
The airline has formed teams to discuss its future plans.
Singapore amongst the last to recover from COVID-19: analyst
The region will likely go back to its pre-COVID levels by Q1 2021.
Securities' daily average value up 35% to $1.41b in April
Portfolio-hedging activity eased as the Chinese economy gradually reopened.
61% of Singaporean SMEs held low credit standings pre-COVID-19
The hospitality, retail and construction sectors were in bad positions before the circuit breaker.
Big three banks fell in Q1 as pandemic persists
Compressed net interest margin and rise in non-performing loans are to be expected, according to analysts.
Home prices may further drop in Q2
More sellers are likely to move their asking prices down as the circuit breaker extended.
Tourism receipts grew 12.8% to $7.1b in Q4 2019
The growth was led by the 18% YoY increase to $2b in other components.
Big three banks' impaired loans ratio to rise to 2.5% in 2021
The pandemic’s full brunt won’t set in until later in 2020.
Retail sales down 13.3% to $3.3b in March
Declines in retail industries selling discretionary items have widened.
Hotels bank on contactless tech to entice guests during coronavirus pandemic
Firms are installing self check-in kiosks, chatbots, direct booking applications, and digital in-room dining services.
Luxury condo sales surged 72% in Q1 despite weak property market
The new sales segment boosted the quarterly figure, led by The M with 387 units.
Over half of manufacturers expect feeble business conditions
This sentiment is attributed to weakened external demand and supply chain disruptions.
Singapore and Hong Kong will be the most impacted amidst pandemic: Moody's
Both markets are deemed export-dependent.
Credit card revenues threatened as Singaporean travellers shun usage
Card users turn to cash as they steer clear of lofty transaction fees and poor exchange rates.
What discourages Singapore employees from work?
Poor delegation could leave workers feeling overburdened and unsatisfied.
Manufacturing output up 16.5% in March
Pharmaceuticals output skyrocketed 126.6%.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform