In Focus
Securities' daily average value up 35% to $1.41b in April
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%.
Big three banks' $871.5m Hin Leong exposure adds to loan pressures
More than 17,000 mortgagees have applied to defer their mortgage payments.
Singapore's streets empty out as extended circuit breaker imposes tighter rules
The Lion City continues to prioritise safety, but its business landscape gets worse each day.
NODX outlook remains dim despite March surge
Gold might not have enough glitter to carry Singapore’s export growth.
Commentary
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade