News
Singapore banks amongst most vulnerable in SEA to COVID-19 impact
Singapore banks amongst most vulnerable in SEA to COVID-19 impact
Their exposure to Chinese banks poses a threat.
United Hampshire US REIT eyes raising $547.3m from IPO
The REIT offers a price of $1.12 per unit.
Singapore's cybersecurity performance weakened in 2019
Nearly one in 10 mobile phones were infected with malware.
MOM raises EP minimum qualifying salary to $3,900 per month
The new salary criteria will apply to new EP applicants from 1 May 2020.
EHT to implement property manager changes in Q2
The property management of its three Denver assets will consolidate.
MTI to bolster initiatives for firms' overseas expansion
They will extend the Double Tax Deduction Scheme and launch the Grow Digital initiative.
Government to set up regulatory sandbox for agri-food farms
This is expected to help the government review more regulations for AFIP tenants.
Maximum investment under Startup SG Equity Scheme doubles
Startups under the scheme can now get up to $8m.
URA closes tenders for sites at Canberra Drive and Fernvale Lane
A Canberra Drive site got the highest bid of $644 psf ppr from Oasis Development.
Chart of the Day: New home sales to fall between 7,000-8,000 in 2020
Prices are expected to stabilise with a 0%-1% growth.
Daily Markets Briefing: STI up 0.39%
CapitaLand led the gains amongst top active stocks with a 1.13% rise.
Daily Briefing: 5G spectrum to be awarded mid-2020; Health insurance startup CXA Group slashes headcount
And tourism marketing will be bolstered by the government.
Olam sells stake in Indonesian sugar JV for up to $118m
It is expected to be completed by March.
Government eyes nationwide launch for price comparison app
Price Kaki uses crowdsourced data to compare in-store retail prices and promotions.
SilkAir to indefinitely suspend Hiroshima flights starting 27 March
This was caused by slow demand due to COVID-19.
Singapore investors remain bullish on overseas property purchases: CBRE
The country also topped the outbound investment survey for the second year running.
Online grocery and food delivery demand ticks higher: report
Online orders skyrocketed 300% after Singapore raised its disease response level.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform