News
Daily Briefing: Blockchain payments project ready for commercial rollout; NUS researchers develop 3 new COVID-19 swabs
Daily Briefing: Blockchain payments project ready for commercial rollout; NUS researchers develop 3 new COVID-19 swabs
And chickenpox, pneumococcal jabs to be free for eligible Singaporean children.
Chart of the Day: Industrial production contracted 7.4% in May
The contraction is attributed to the circuit breaker measures implemented.
Daily Markets Briefing: STI down 0.81%
Medtecs International saw the sharpest decline amongst top active stocks with a 21.84% contraction.
Singapore tops autonomous vehicle readiness index
This marks the first time the city-state has led the index.
Ascott Residence Trust projects 80-90% revenue plunge
It expects its revenue per available unit (RevPAU) to remain under pressure.
MAS-led Project Ubin Phase 5 shows commercial capabilities
The prototype successfully settled multicurrency transations on the same network.
City Developments expects notable losses in H1
Measures to control the pandemic have adversely impacted the group’s hotel operations.
Sembcorp Marine, GE clinch contract for North Sea wind farm
Both companies to start the early design works this month.
Cromwell EREIT to co-invest in two European data centres
This follows after Cromwell Property Group launches its data centre fund with Stratus.
Rolls-Royce slashes 24% of Singapore manpower
They are working closely with various groups to give further support to the affected staff.
EMA seeks for two more LNG term importers
This is said to enhance competition and provide more options for gas buyers.
Hyflux gets another potential investor
Unilegend Investments is willing to add in an available working capital to the group.
7 in 10 organisations fell victim to public cloud security incidents
All Singapore firms surveyed are concerned about current levels of cloud security.
Karana closes $2.37m seed funding
This will be used to fund its whole-plant-based meats and dim sum products in Singapore.
Daily Briefing: Ruling party suffers weakest performance in 55 years; RTS Link project discussions can be concluded by 31 July
And Facebook removes critical spectator admin accounts for violating policies.
Chart of the Day: Homes under 800 sqft make up most purchases in May
This points to investors entering the market to pick up smaller units.
SATS' profit down 32.2% to $168.4m in FY2020
Its Q4 profit plunged 112.6% on the back of lower revenue for gateway services.
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