News

Market Update: STI Down 1.17%

Venture was seen with the most growth today.

Singtel rolls out 5G use cases

Singtel is the fastest 5G network operator in Singapore, according to Ookla.

Sri Trang Gloves broadens reach with Singapore office

The expansion is a result of plans to increase production capacity by 186% over the next five years. 

Gov’t to extend progressive wage model to more sectors

The government is working on providing progressive wages to retail, food services, and waste management workers.

Singapore to launch SEAVAX for eligible foreign sea crew

This was announced by Chee Hong Tat at this year’s International Safety@Sea Week.

PM Lee: Refocus on future now that COVID-19 is under control

Prime Minister Lee Hsien Loong lays out three tasks to preserve the Lion City’s economic growth.

Thomson Medical Group posts $16.9m profit in H1 2021

This is following a net loss of $98m in the same period last year.

MAS reveals 15 Global CBDC Challenge finalists

They will present their innovations at the Demo Day during the Singapore FinTech Festival in November.

Service industries' revenue sees 16.6% YoY growth in Q2

The recreation and personal services recorded the highest growth at 135% YoY. 

Resale market in SG returns after 2-year hiatus: Report

Units sold in the first seven months totalled 9,160, exceeding 2019 and 2020.

#WhatsHappening: Key trends in Twitter among Singaporean consumers

Their conversations revolve around food, home, and self-care.

China Aviation Oil earnings to recover in 2022: RHB

This is due to slower improvement of domestic aviation traffic in China.

Chart of the Day: SG healthcare spending to reach $45.9b in 2030

Fitch Solutions expects the government to ramp up its healthcare expenditure in the coming years.

Daily briefing: 6 new Thomson-East Coast Line stations; BTO flat buyers worry about long waits

And a homegrown SAAS platform for the F&B industry raises $6.5m in seed funding.

Market Update: STI down 0.92%

The Straits Time Index closed at 3.080.73, or down 0.92%, on the last Friday of August.

Business should balance business, technology priorities to ensure security: Fortinet

Only 34% of organisations have a “robust” approach to cybersecurity.