News
More closures and layoffs imminent in Singapore's F&B industry
More closures and layoffs imminent in Singapore's F&B industry
Almost 41% of restaurants surveyed have ceased their operations completely during the circuit breaker period.
Daily Markets Briefing: STI down 0.26%
SIA led the gains amongst top active stocks with a 1.96% expansion.
Daily Briefing: Vickers Venture seeks investment from Korean investors; Ride-hailer TADA's parent company completes series A funding
And Bvlgari launches Singapore online store ahead of Italy.
Chart of the Day: SMEs turn to WFH and reduced work hours to cut costs
Some in the hospitality/F&B, wholesale and construction sectors resort to delaying payments.
Check out EternityX's newly acquired office in JustCo
The office has the same traditional setup from their headquarters and engineering hub.
Hotel RevPAR drops 62% YoY in Q1
The impact of the pandemic was most felt by hotels within the upscale segment.
Travellers allowed to transit through Changi Airport starting 2 June
This is part of the strategy to gradually re-open air transport.
Manulife US REIT secures $141.48m maiden green loan
Proceeds will be used to refinance Peachtree in Atlanta.
M1, SGInnovate ink deal to bring 5G to startups
M1 will seek corporate partners whilst SGInnovate will identify and focus on startups.
Daily Briefing: ComfortDelGro trials plastic shields in 400 taxis; Solubots unveils self-cleansing disinfecting robots
And Sirius Ventures leads funding in ShuttleOne.
Daily Markets Briefing: STI down 0.75%
SIA saw the sharpest decline amongst top active stocks with a 3.51% contraction.
Chart of the Day: Delayed payments perceived as top hiccup for SMEs
The services and transport/storage sectors registered the highest occurrence of late payments.
Domestic wholesale sales dipped 9.6% in Q1
Most of the wholesale industries recorded lower domestic sales during the quarter.
Organisations more susceptible to cyber-attacks during the pandemic
Cybersecurity challenges and risks arise in working from home.
SPH units apply for judicial management
StreetSine Technology Group and StreetSine Singapore also applied for the appointment of interim judicial managers.
Financial institutions to reopen customer service locations from 2 June: MAS
But most staff will continue to work from home.
Uber to move out of Singapore office in next 12 months
Around 80% of its Rides business has been impacted by the pandemic.
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