News
Citi Singapore hands out $1,200 aid to employees
Citi Singapore hands out $1,200 aid to employees
Around 1,600 will benefit from the compensation.
MAS defers digital bank licence review to H2 2020
It had earlier planned to announce the successful applicants in June.
Daily Briefing: Chipmakers count on less disruption during Singapore lockdown; Health Ministry expands rules for returning residents
And Singapore food agency ramps up rooftop farming plans.
Daily Markets Briefing: STI down 1.26%
Genting Sing led the gains amongst top active stocks with a 2.76% expansion.
Chart of the Day: Pandemic spurs digital payment take-up in Singapore
Electronic payments are expected to take up 61% of transactions by 2023.
MAS floats $125m support package for financial firms, fintechs
It will support workforce training, operations and access to digital tools.
SGX RegCo to roll out measures to further support issuers
These include the suspension of the half-yearly reviews in June and December.
Grade A CBD fell to $10.61 psf/month in Q1 2020
Overall GDP also contracted at -2.2% whilst service industries declined at -3.1%.
Remote work search surge by 183%
Job seekers show more interest in working from home amidst social distancing measures.
European IPP Amarenco sets up APAC HQ in Singapore
It is starting with the acquisition of a 50MW portfolio in Thailand.
SPH's profit dropped 9.3% to $77.64m in H1
Revenue from its media business slipped 14.3% due to smaller media ad sales.
CBD Grade A rents up 4.7% in Q1
Capital value and rates also remained unchanged in Q1 2020. CBD grade A office rents rose 4.7% YoY to $10.09 per sqft per month (psf pm) in Q1 as the negative impact of the COVID-19 pandemic will continue in Q2, according to a Colliers report. On a QoQ basis, grade A office rents remained unchanged.
Chart of the Day: Online grocery sales hit over $600m in February
It is tipped to steadily rise as most Singaporeans are encouraged to stay home.
Daily Briefing: Restaurant owners halt operations during ‘circuit breaker' measures; Quest Ventures gets Pavilion Capital, QazTech as anchor LPs
And grounded aircrew enlisted for virus prevention service.
Daily Markets Briefing: STI up 4.1%
CapitaLand led the gains amongst top active stocks soaring by 8.39%.
UOB to shut down 24 branches
Thirty-eight will remain open, each located within a 3km radius from a closed branch.
MAS alters regulatory requirements for COVID-hit banks
Banks can now adjust their capital buffers to support lending activities.
Commentary
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