Singapore
MAS says that local financial market is functioning normally
MAS says that local financial market is functioning normally
The regulator has left a higher level of liquidity in the banking system.
ST Electronics liquidates dormant subsidiary
Its parent company SPTel will remain an active joint venture.
HSBC Singapore floats relief measures for mortgage, credit card customers
The bank has halved the revolving interest rate for up to six months.
SGX rolls out $5m care package amidst outbreak
Most will be used to support listed companies and the bourse’s frontline staff.
SIA to waive rebooking fees
This will be applied to tickets issued on or before 15 March.
Second COVID-19 support package could include wage support
Targeting the scheme to tourism-related sectors would have high impact.
Daily Markets Briefing: STI down 1.67%
DBS saw the sharpest decline amongst top active stocks with a 4.21% contraction.
Chart of the Day: Singaporean market is 7th most environmentally conscious
Majority of the country’s electricity output comes from fossil fuels.
Fernvale Lane site awarded to Frasers Property unit for $287m
The executive condo site allows a GFA of up to 47,964 sqm.
MOH to restrict travel from Italy, France, Spain and Germany
Residents who recently travelled to these countries will have to self-quarantine for 14 days.
Passenger movements in Changi down 32.8% in February
Traffic to major travel markets declined across the board including China (-92%).
M1 cuts staff as company ramps up digitalisation
Employees leaving the company represent 1.6% of the headcount.
SIAEC's senior management to get pay cuts
CEO’s and executive VP’s salaries will be down by 12% and 10%, respectively.
DBS Vickers website battles traffic surge during STI selloff
Stockbroking clients trying to login to trade faced long delays.
GuocoLand subsidiary launches new China unit
The new unit will takeover the subsdiary's land parcels.
Unemployment rate widened to 2.3% in 2019
The ratio of job vacancies to unemployed persons declined to 0.84 in December 2019.
SIA announces more flight cancellations
Some flight cancellations are extended until July.
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