News
GDP expected to contract 11.8% in Q2: MAS survey
GDP expected to contract 11.8% in Q2: MAS survey
Accommodation and food services could be the worst-performing with a 26% decline.
Chart of the day: New sales of private homes plummeted 62.4% YoY in April
This is due to closures of condominium show flats.
Daily Markets Briefing: STI down 2.64%
UOB saw the sharpest decline amongst top active stocks with a 6.55% contraction.
Daily Briefing: Returning 'fast lane' travellers can appeal for a swab test in place of stay-home notice; Mapletree buys part of warehouse in India
And One Championship raised additional $97.6m from investors.
High Street Centre up for public tender at $800m
URA will support a development of at least 60% of GFA for mixed commercial use.
China's Hopu teams up to take Perennial Real Estate private: report
It has secured undertakings from about 82% of Perennial’s shareholders.
Cargo ship calls at Singapore hub plummet to 27-year low: report
Shipping activity and bunkering demand remained weak in June.
New home sales soared 75.5% MoM in May: URA
This appears to be largely driven by locals and investors.
Check out Shootsta's new HQ at Mohamed Sultan Road
The company prioritised the functionality of the space for filming.
OCBC to hire more than 3,000 people this year
It will be a mix of full-time and intern roles for fresh graduates.
HSBC Singapore adopts phased reopening of branches
Physical financial and wealth management advisory services are available via appointment.
ESG, SSC roll out guidelines for e-commerce transactions
This is said to help businesses improve e-commerce processes and policies.
Singapore, Chile, New Zealand ink digital partnership
Local businesses may look forward to improved efficiency and reduced cost in overseas trading.
CMT hands out rental waivers to SME tenants
Non-qualifying SME tenants will also receive an assistance package.
Singapore to resume mega infrastructure plans
Schedule to be paced according to demand.
OEL buys 51% stake in Shanghai-based hospital management firm
Its doctors are using a hydrogen generator for treating COVID-19 in China.
MPA approved over 4,000 crew change cases since March
It continues to facilitate the disembarkation of seafarers on medical grounds.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform