News
Hotel RevPAR drops 62% YoY in Q1
Hotel RevPAR drops 62% YoY in Q1
The impact of the pandemic was most felt by hotels within the upscale segment.
Travellers allowed to transit through Changi Airport starting 2 June
This is part of the strategy to gradually re-open air transport.
Manulife US REIT secures $141.48m maiden green loan
Proceeds will be used to refinance Peachtree in Atlanta.
M1, SGInnovate ink deal to bring 5G to startups
M1 will seek corporate partners whilst SGInnovate will identify and focus on startups.
Daily Briefing: ComfortDelGro trials plastic shields in 400 taxis; Solubots unveils self-cleansing disinfecting robots
And Sirius Ventures leads funding in ShuttleOne.
Daily Markets Briefing: STI down 0.75%
SIA saw the sharpest decline amongst top active stocks with a 3.51% contraction.
Chart of the Day: Delayed payments perceived as top hiccup for SMEs
The services and transport/storage sectors registered the highest occurrence of late payments.
Domestic wholesale sales dipped 9.6% in Q1
Most of the wholesale industries recorded lower domestic sales during the quarter.
Organisations more susceptible to cyber-attacks during the pandemic
Cybersecurity challenges and risks arise in working from home.
SPH units apply for judicial management
StreetSine Technology Group and StreetSine Singapore also applied for the appointment of interim judicial managers.
Financial institutions to reopen customer service locations from 2 June: MAS
But most staff will continue to work from home.
Uber to move out of Singapore office in next 12 months
Around 80% of its Rides business has been impacted by the pandemic.
Suntec REIT prices $200m 5-year notes at 2.60%
The notes will be issued under the Euro Medium Term Note Programme.
How IUIGA Technologies makes ecommerce worth every cent and second
The omnichannel retailer displays real pricing of a product, taking away other costs.
Restructuring inches closer for Sembcorp Industries: analysts
SCI’s Indian arm is most likely to face losses.
Chart of the Day: Over half of logistics SMEs expect negative outlook
They are anticipating more challenges on operating capital in the next six to 12 months.
Daily Markets Briefing: STI up 1.66%
DBS led the gains amongst top active stocks with a 2.78% expansion.
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Commentary
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.
Game theory in the Gulf: Why Singapore should watch the Middle East carefully