News
Daily Briefing: Singapore fishery ports to be consolidated; LingoAce nabs $9.77m in series A funding
Daily Briefing: Singapore fishery ports to be consolidated; LingoAce nabs $9.77m in series A funding
Adn Hubble landed $5.02M in Tin Men capital-led series A.
Joint investigation kicks off against Eagle Hospitality Trust's management
Breaches of disclosure requirements under the Securities and Futures Act are suspected.
Singapore to build up its vaccine manufacturing capacity to fight COVID-19 pandemic: PM Lee
Discovering, producing, and distributing a safe and effective vaccine is deemed vital to getting life back to normal.
Daily Markets Briefing: STI up 0.25%
SIA led the gains amongst top active stocks with a 1.62% expansion.
Daily Briefing: Eligible Singaporeans to receive cash payments from 18 June; CPF contribution rates to stay the same
And car-sharing player Smove files for liquidation.
Chart of the Day: Fourth budget to lift budget deficit to 15.4% of GDP
Singapore to see the largest budget deficit since independence.
PIER71 opens application for Smart Port Challenge 2020
It will feature an innovation opportunity focussing on maritime decarbonisation for the first time.
PMI deteriorates further to 27.1 in May: IHS Markit
Despite deflationary pressures, purchasing power remained weak during the month.
CIMB Singapore scraps mortgage loan hike following customer backlash
CEO Victor Lee expressed his apology to affected customers.
HDB resale up 1.3% despite volume plunge in May
Resale deals dropped 82.7% to only 364 transactions.
Singtel Group prices $1.05b 10-year notes at 1.875%
The notes will be drawn down under SGT’s $10b Euro Medium Term Note Programme.
Brazilian court accepts Sembmarine's complaint against EJA's former president
This follows after charges of money laundering were filed to Martin Cheah Kok Choon and Guilherme Esteves de Jesus.
Singapore, China opens fast lane for essential business and official travel
The Lion City will be connected to six Chinese provinces and municipalities.
Government rolls out additional support for landlords and businesses
The package will help landlords with existing loan commitments and ease cash flow needs.
STI returns crashed 17.6% to 4.1% YTD
However, returns are on a path of recovery as its constituents bounced back from its lows.
Retail digitainment takes off as sellers go online
Some companies have been investing in their own in-house live streamers.
Chart of the Day: Headline consumer prices fell 0.74% YoY in April
This is the second straight month of deflation for the city-state.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform