News
Genting Singapore suffers 90% profit loss in 2020
Genting Singapore suffers 90% profit loss in 2020
Profits continued to plunge despite the reopening of Resorts World Sentosa in H2 2020.
Singapore to lead Asia-Pacific business taskforce on border reopening
The taskforce will develop recommendations on the standardisation of safety protocols.
SIA defers $4b spending on Airbus, Boeing planes
Delivery will be delayed upon agreement with the aircraft manufacturers.
Daily Briefing: Enterprise Singapore-backed accelerator launches $20m blockchain fund; Four new cross-sector groups to develop solutions for work-life harmony, more
And SG’s mm2Asia gets interest from PE firm for minority stake in 'core business'.
Temasek Holdings CEO Ho Ching set to retire in October
Current Temasek International chief Dilhan Pillay Sandrasegara will step into the top job from then.
Singapore delays business travel bubble plans
The plan was first announced in December 2020.
Over 15,000 enterprises persisted to raise productivity in 2020: ESG
Their productivity efforts are expected to catalyse $18.4b value in-add for Singapore.
GuocoLand reveals $319.6m revenue for H1
Gross profit margin remains stable at about 30%.
Manulife US REIT H2 DPU dropped 11.3% YoY to 2.59 US cents
Its DPU for FY2020 went down 5.4% YoY to 5.64 US cents.
Business owners resolve to protect employee livelihood: survey
Over eight in 10 micro and small business owners have made sacrifices.
Singapore pharma firm debuts on Korean main bourse
The firm develops biosimilars, new antibody therapeutics.
Life insurers' new premiums jump 3% to $4.38b for Q4 2020
New policies bought online surged to 206,679, most of which were single premiums.
Singapore ranks 5th amongst biggest data centre markets: report
This is amidst Singapore’s existing markets, dense fiber, and array of services.
Budget 2021 should focus on support schemes, workplace transformation: Deloitte
Technology and innovation to remain key factors in Singapore’s future.
EDB, ESG reveal Southeast Asia Manufacturing Alliance
It will give SMEs and suppliers connections to manufacturers in member industrial parks.
Daily Briefing: Kairous Capital, SPH Ventures join TechNode Global's $1.34m seed round; Startup allows creation of over 100 premium ice cream from a mini capsule
And over 110,000 locals hired under Jobs Growth Incentive scheme in two months.
Singapore retail sales slipped by 15.3% in 2020
OCBC has forecasted that retail sales will rebound by 12.5% YoY in 2021.
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