Singapore

Defraying wage costs and tax rebates were the most sought-out subsidies.

The two 30-storey apartment blocks will house over 500 units.

It has shut entry of short-term visitors partly to conserve resources.

It saw a fall in passenger revenue as demand for air travel collapsed.

Singapore’s GDP might drop as steeply as 2% YoY in the first half of the year.

About 78% of transactions were those with known resident status.

The COVID-19 viral disease is officially a pandemic now. As of 15 March, there are over 153,000 confirmed cases globally according to World Health Organisation, with 121 active cases in Singapore according to the Singapore Ministry of Health.

SGX led the gains amongst top active stocks with a 7.57% expansion.

And Scoot has temporarily suspended flights to 49 destinations.

The Singapore transport sector, more than any sector, contributes a significant amount of greenhouse gas emissions. As such, it’s no surprise that encouraging more people to switch to electric vehicles (EVs) is at the heart of the government's efforts to tackle climate change. Just last month, Singapore announced its ambitious targets for 2040 with a plan to phase out internal combustion engine (ICE) vehicles, paving the way for greater adoption of hybrids and EV’s that run on cleaner energy.

It’s been notable that Google’s elimination of third-party cookies in Chrome is not negatively impacting all adtech companies equally. Whilst Google’s announcement in January did see some adtech stocks fall, it has by no means been market-wide.

NPL ratio will reach almost 2% YoY for the whole year, the highest since 2009.

The units accounted for 38% to 47% of sales for the year.

OCBC Bank saw the sharpest decline amongst top active stocks with a 4.83% contraction.

SORA will replace the current key benchmark by end-2021.

It would like to change the Consolidated Tangible Net Worth covenant to not less than $50m.