News
95,000 employers to receive $450m in wage subsidy on 30 June
95,000 employers to receive $450m in wage subsidy on 30 June
It will benefit 800,000 Singaporean employees earning a gross monthly wage of up to $5,000.
SIA Group permits transit flights from Australia and New Zealand
However, transfers to and from flights operated by other airlines are still not permitted.
IMDA, M1, MPA, Airbus to conduct coastal 5G network trials for urban air mobility
They aim to ensure unmanned aerial vehicles can operate safely and efficiently.
iEdge SG All Healthcare Index generated 35.3% total return YTD
This was due to positive performances by biotech, healthcare supplies and medical devices.
Wing Tai Properties preempts losses for H1
But the company assured that its cash flow remains sound.
Hyflux requests deadline extension on Utico's revised offer
It originally planned to have the offer approved by Hyflux by 4 June.
UBS floats new learning platform SUPER
This aims to create 300 new jobs in the financial sector.
Two IPC Corporation directors probed over Hyflux
This follows after CAD, ACRA and MAS launched a joint investigation.
Yanlord's pre-sales spiked 68.4% YoY to $3.7b YTD
Nanjing City took the lead as it accounted for 36.8% of the pre-sales figure.
Chart of the Day: Non-landed property prices slid 1% QoQ in Q1
This is the second consecutive quarter of decrease for the Non-Landed PPI.
Daily Markets Briefing: STI up 0.23%
UOB led the gains amongst top active stocks with a 1.94% expansion.
Daily Briefing: Wallex Technologies nabs undisclosed series A funding; Split secured an undisclosed funding led by 500 Startups
And Tychan to start human clinical trials for potential COVID-19 treatment.
Agencies work closely with shipping companies to facilitate safe crew change
MPA has approved nearly 3,000 cases of changes since March.
Digital adoption of OCBC's wealth products jumped 40% in Q1
Virtual wealth advisory meetings will likely be the new normal.
China Everbright Water cancels $235.46m notes issue
The move is to control the financing cost of the company.
Job seekers rise in pandemic's worst-hit industries: JobStreet
Discrepancy between job demand and vacancies widens.
Condo rents fall 1.4% in May
This is led by the decline in all three regions.
Commentary
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI, cybersecurity must keep up.