News
Over half of Singaporeans are satisfied with the solidarity budget
Over half of Singaporeans are satisfied with the solidarity budget
Majority said that the circuit breaker measures are sufficient to slow the virus spread.
More than half or 55% of Singaporeans rated the latest solidarity budget strongly, according to Blackbox Research’s survey, indicating that they have remained satisfied with the support being offered by the government.
In addition, 90% expressed confidence that the circuit breaker measures will be sufficient to slow the spread of the virus. This is despite half of respondents indicating that the measures should have been implemented earlier.
Meanwhile, an overwhelming 80% consider the $300 cash pay-out as the top initiative that will help themselves and their families, followed by the enhanced job support scheme and the job support scheme pay-out from April to May.
The enhanced job support scheme is also seen by 65% of the respondents to be the most effective, whilst the enhanced loan support and rental waiver got 55% and 54%, respectively.
“The public is hopeful that these measures will help to secure jobs and mitigate the fallout from the business closures and disruptions now being widely flagged,” said David Black, founder and CEO of Blackbox Research
Singaporeans are keeping positive and said they will follow the strict measures closely despite the stringent measures introduced by the government.
MPA, private firms provide floating accommodation for foreign workers
Accommodations will be used starting next week.
Retail sales slump eased in March
Recovery is expected to continue but is inconsistent and could deviate until April.
GuocoLand unit sells Shanghai-based hotel for $290.7m
The property developer is expected to record a net gain of $90.6m.
SGX-ST approves listing of SIA's proposed $8.8b rights issue
About $3.7b will be used to fund expenses incurred amidst reduced operation.
Daily Markets Briefing: STI up 1.26%
Singtel led the gains amongst top active stocks with a 3.83% expansion.
Chart of the Day: 2 million sqft of Grade A CBD supply set for 2022
This takes up nearly half of the total supply pipeline in the CBD.
HDB resale prices up 0.7%in March
Most room-types' reseal prices recorded growth.
Citi Singapore hands out $1,200 aid to employees
Around 1,600 will benefit from the compensation.
MAS defers digital bank licence review to H2 2020
It had earlier planned to announce the successful applicants in June.
Daily Briefing: Chipmakers count on less disruption during Singapore lockdown; Health Ministry expands rules for returning residents
And Singapore food agency ramps up rooftop farming plans.
Daily Markets Briefing: STI down 1.26%
Genting Sing led the gains amongst top active stocks with a 2.76% expansion.
Chart of the Day: Pandemic spurs digital payment take-up in Singapore
Electronic payments are expected to take up 61% of transactions by 2023.
MAS floats $125m support package for financial firms, fintechs
It will support workforce training, operations and access to digital tools.
SGX RegCo to roll out measures to further support issuers
These include the suspension of the half-yearly reviews in June and December.
Grade A CBD fell to $10.61 psf/month in Q1 2020
Overall GDP also contracted at -2.2% whilst service industries declined at -3.1%.
Remote work search surge by 183%
Job seekers show more interest in working from home amidst social distancing measures.
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