News
Daily Markets Briefing: STI up 1.6%
Daily Markets Briefing: STI up 1.6%
SPH led the gains amongst top active stocks with a 3.13% expansion.
Chart of the day: Industrial production up 13% YoY in April
This is attributed to the biomedical manufacturing cluster.
Daily Briefing: NTU, Facebook to launch programme for data centre certificates; Temasek leads $39.38m series C funding in Arterys
And startup accelerator Iterative reveals the first cohort of startups.
Singapore-Kuala Lumpur high-speed rail deferred to end-2020
Construction was previously delayed until the end of May.
Investments exceed full-year target in four months: report
The amount exceeded initial targets of $8b to $10b for the whole year, said MTI’s Minister.
Keppel Corp's Floatel conducts independent review
This follows after Floatel performed an impairment assessment of its vessels.
E-road pricing on hold till 28 June
Charges will be modified depending upon congestion.
IMDA forms office to push digital adoption for small merchants
It plans to encourage hawkers to adopt SGQR payments in June.
Circuit breaker spells downturn in loan growth
Consumer loans were mostly affected, shrinking 0.9% MoM, OCBC said.
E-scooter startup Beam secures $36.67m in series A funding
It will be used to roll out its virtual docking systems and a new e-scooter model.
MOM lays out rules for foreign workers going back to work
Workers will have time slots reserved for running errands during rest days.
Ascott REIT skips redemption of $250m perpetual issue
The REIT is prioritising the preservation of cash flow and liquidity.
Burpple merchants to join ComfortDelGro's delivery platform
They will also have delivery links on their pages.
Majority of court case hearings to resume on 8 June
The Supreme Court will not take a recess in June to deal with the backlog.
Daily Briefing: FairPrice, WhyQ launch zero-commission food delivery platform; Endofotonics bags $12m series B funding
And Wiz.ai nabs $8.48m pre-series A funding led by GGV Capital.
Chart of the Day: Fiscal deficit may widen to 15.7% of GDP by end-2020
This comes after the announcement of the Fortitude Budget.
Daily Markets Briefing: STI down 0.18%
SPH saw the sharpest decline amongst top active stocks with a 12.33% contraction.
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