Singapore

And COVID-19 cases spike after KTV outbreak. 

The OCBC SME Index shoots by 8.3 points to 59.5 as small and medium-sized enterprises gain momentum.

ThaiBev was the biggest gainer.

The top 10 constituents of the FTSE ST All-Share Index had a combined turnover close to $40m daily.

The Singapore Coffee Association has a “multi-pronged approach” to reach the plan which can double the country’s market.

The group eyes to implement more than 20 projects over the next two years in line with its digitalisation drive.

Its three-year Future Skills programme will support new talent, mid-career transitioners, and those who need to upskill.

Contrary to the popular stereotype, Singaporean men are more price-conscious than Singaporean women.

The ministers of the two countries discussed areas for economic cooperation.

Three more shophouses have been put on sale in the Central Business District.

Analysts upgraded their full-year GDP forecasts as the economy slowly recovers to pre-pandemic levels.

Only four listed companies traded in the green on Wednesday.

According to Singapore’s largest bank DBS, the volume of cash deposits and withdrawals fell by an unprecedented 11% in the first 3 months of 2020, a 6% fall from where the figure had been since 2017. Coupled with extraordinary growth in the adoption of e-payments, it’s safe to say that COVID-19 has altered consumer behaviour—and fast. 

Certain business sectors will continue to struggle amidst labour shortages and mobility restrictions.

Mature and non-mature estates rents increased 0.1% and 1.9%, respectively. 

Property investment sales surged to $5b in Q2 2021.