In Focus

Singapore unveils additional $8b fiscal package

Singapore unveils additional $8b fiscal package

The government has put more emphasis on job security, extending the Job Support Scheme for seven months.

In Focus

NODX up 6% in July

Both electronic and non-electronic exports rose, albeit at a slower pace.

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Pandemic boosts adoption of ESG principles: survey

About 76% believe that equities under ESG would attract the most interest and in-flows.

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Combined assets of five SGX-listed ETFs up 14.3% in July

Two of these top performing ETFs surpassed $1b in AUM in June-July.

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End of moratoriums to rain carnage on banks' H2 prospects: analyst

Loan moratoriums are set to expire in H2, putting asset and loan quality at risk.

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Weaker sales haunt Singapore's retail sector in coming months

Tourist arrivals are unlikely to grow in the coming months.

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DBS' H1 net profit nosedives 26% to $2.41b

The bank has cast aside $1.26b to bolster its balance sheet.

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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.

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PMI expands to 50.2 in July after months of contraction: SIPMM

Sub-index performances also pointed to an improved external environment.

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Singapore average mortality protection gap hit highest in Asia

Large awareness of life insurance failed to translate to more coverage.

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Bank loans skid for fourth straight month in June

Total loans fell 1% YoY, the first since 2016.

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5 in 10 employees hunt for job opportunities

Pay cuts and retrenchments could hint to the staff that the company is no longer stable.

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Unemployment rate hits 2.9% in Q2

Retrenchments also jumped in Q2.

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MAS to keep S$NEER policy on hold in H2 2020: analyst

Further easing may unlikely yield results due to weak external demand and travel restrictions.

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Manufacturing output down 6.7% in June

The transport engineering and biomedical manufacturing led the decline.

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Core inflation continues to sink in June

Most segments posted falling prices, albeit a moderated pace.

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Singapore banks to post record low NIMs in Q2

They are expected to pencil in 16-22bps decline, with every 10bps having a 6-8% impact on net profit.

In Focus