News
MAS eases monetary policy as economy heads towards recession
MAS eases monetary policy as economy heads towards recession
The regulator has adopted a neutral rate of appreciation.
Chip Eng Seng bags $433m contract to build biosolids facility
It will construct a biosolids building, digesters and greasy waste receiving facility in Tuas.
Daily Briefing: Singapore's PM says tourism and aviation industries are virtually dead; CPF services centre in Bishan temporarily closes
And medtech firm Biolidics acquires lab operator for $3.7m.
Chart of the Day: Chinese buyers snagged less condo sales in 2019
More foreigners of unspecified origin bought homes in the market.
Daily Markets Briefing: STI up 1.66%
UOB led the gains amongst top active stocks with a 2.43% climb.
Daily Markets Briefing: STI down 0.71%
Singtel saw the sharpest decline amongst top active stocks with a 3.08% contraction.
Chart of the Day: Share of posh condos sold in the CCR halved in Q4 2019
Condos priced $1m to $1.5m grew more popular in the region.
Daily Briefing: MOM requires approval for work pass holders from Malaysia; Mobile ordering platform Eatsy halts operations
And ARA Asset Management completes acquisition of investment manager Venn Partners.
Government launches $48b resilience budget against COVID-19 pandemic
Qualified commercial properties may receive a 100% tax rebate.
MAS establishes $86.31b USD facility for banks
It aims to support more stable USD funding conditions in Singapore.
Two in five of Singapore banks' customers willing to try neobanks: survey
Whilst Citibank remains the most satisfactory bank service-wise.
Wilmar establishes four subsidiaries across Asia
Its new China unit will have a registered capital of $61.22m.
ComfortDelGro hikes rental relief for cabbies
This followed measures restricting gatherings and closing bars and cinemas.
OUE to rebrand Mandarin Orchard Singapore as Hilton's flagship
They plan to spend $90m in renovating the hotel.
Singapore headed for recession: MTI forecasts
Advanced estimates on Q1 GDP showed a 2.2% contraction.
Daily Briefing: Bar and cinema closures rub salt in wound for economy; Pandemic may hit S-REITs harder than the Financial Crisis
And Singapore will make its contact tracing tech freely available to developers worldwide.
Daily Markets Briefing: STI up 6.07%
OCBC led the gains amongst top active stocks with a 6.98% climb.
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Commentary
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