News
Genting Singapore cuts pay for directors and managers
Genting Singapore cuts pay for directors and managers
Non-executive directors will see a 15% reduction in fees.
OCBC's growth dampened as US Fed cuts rate
NIM forecast has been slashed to 1.68% as NPL ratio could rise to 1.9%.
Hyflux to hold scheme meeting on 22 April
An individual from EY Corporate Advisors will act as the chairperson of the meeting.
Singapore leads Asia on overseas recruitment
Skill shortage remains a driving force for expatriate-hiring.
SIA halves capacity
They also stated that further capacity cuts are underway.
Daily Markets Briefing: STI down 1.65%
DBS saw the sharpest decline amongst top active stocks with a 3.12% contraction.
Chart of the Day: Mortgagee sales value jumped 25.3% to $38.5m in 2019
The average ticket size of mortgagee sales almost doubled that of 2018.
Daily Briefing: Government to provide $600m in payouts to employers; Trade Minister assures ample supply amidst Malaysia travel ban
And new private home sales skyrocketed 114.3% to 975 units in February.
LTA awards $265.4m contract for three Jurong Region Line stations
This includes the construction of Tengah Plantation, Tengah Park and Bukit Batok West.
Scoot to offer voucher refunds in full
This will be available for bookings made on or before 15 March.
Government to offer lodging for stranded workers amidst Malaysia's lockdown
Hotel accomodations and HDB rooms will be made available.
Workers financially unprepared for layoffs amidst rising automation
About 34% of employees are unable to cover expenses should they get fired.
DBS extends enrollment deadline for COVID-19 relief insurance
The policy recorded more than 52,000 sign-ups in a day during its peak.
NODX climbed 3% in February
Both electronics and non-electronics exports recorded growth.
United Hampshire US REIT enters interest rate swaps
The fixed rate was lower than expected following the US Fed rate cuts.
SIA Group's passenger load factor down 12.1 ppt in February
Its passenger carriage slid by 17% YoY.
Singapore banks on downward spiral after US Fed cuts rate to nil
Loan yields are sighted to decline due to the lower benchmark rate.
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