News
Consumers remain hesitant in ‘new normal'
Consumers remain hesitant in ‘new normal'
Consumer mobility behaviour was still weak after circuit breaker measures.
TCC unit subscribes to 50% stake in Frasers Northpoint City
This allows Frasers to gain $50m over the asset’s last audited book value.
Keppel Marina East Desalination Plant commences operations
It can treat either seawater or freshwater drawn from the Marina Reservoir.
Hong Leong Asia units extend deadline for acceptances of Tasek offer
This is the second time they made an extension, which was originally set on 23 June.
Singtel, China Unicom, Bridge Alliance launch eSIM network swap service
This will enable customers to perform eSIM swap over-the-air.
Daily Briefing: Over 10,600 companies tapped loans through Enterprise Singapore; Singapore Tourism Board unveils new campaign
And applications for school placement exercise for returning Singaporeans open on 15 July.
Daily Markets Briefing: STI down 0.41%
Medtecs International saw the sharpest decline amongst top active stocks with a 6.62% contraction.
Chart of the Day: Jobless rate rose to 2.4% in Q1
Unemployment rates could rise by the end of the year.
Condo resale prices down 0.6% in June
But 178.6% more units were sold during the month compared to May.
Singapore Paincare Holdings offers IPO shares at $0.22 apiece
Estimated net proceeds will be approximately $3.54m.
Singapore, Malaysia to implement cross-border travel schemes
These are expected to be implemented by 10 August.
SPH expects profit to drop in FY2020
The group’s print ad revenue plummetted 51.4% in Q3 FY2020.
MAS' environmental risk initiative a positive for banks: Fitch
Sustainable financing amounted to around 2-3% of the big three's 2019 loan portfolios.
Hyflux's potential white knight prepares to launch invitation
The investor assured that they are aware of the tight timelines.
SIA Group to reach 7% passenger capacity in August
It is expected to operate at 6% capacity this month.
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.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform