News
Frasers Property tops up $45m in rental rebates
Frasers Property tops up $45m in rental rebates
It will be disbursed to its retail tenants in a targeted manner.
MAS eases monetary policy as economy heads towards recession
The regulator has adopted a neutral rate of appreciation.
Chip Eng Seng bags $433m contract to build biosolids facility
It will construct a biosolids building, digesters and greasy waste receiving facility in Tuas.
Daily Briefing: Singapore's PM says tourism and aviation industries are virtually dead; CPF services centre in Bishan temporarily closes
And medtech firm Biolidics acquires lab operator for $3.7m.
Chart of the Day: Chinese buyers snagged less condo sales in 2019
More foreigners of unspecified origin bought homes in the market.
Daily Markets Briefing: STI up 1.66%
UOB led the gains amongst top active stocks with a 2.43% climb.
Daily Markets Briefing: STI down 0.71%
Singtel saw the sharpest decline amongst top active stocks with a 3.08% contraction.
Chart of the Day: Share of posh condos sold in the CCR halved in Q4 2019
Condos priced $1m to $1.5m grew more popular in the region.
Daily Briefing: MOM requires approval for work pass holders from Malaysia; Mobile ordering platform Eatsy halts operations
And ARA Asset Management completes acquisition of investment manager Venn Partners.
Government launches $48b resilience budget against COVID-19 pandemic
Qualified commercial properties may receive a 100% tax rebate.
MAS establishes $86.31b USD facility for banks
It aims to support more stable USD funding conditions in Singapore.
Two in five of Singapore banks' customers willing to try neobanks: survey
Whilst Citibank remains the most satisfactory bank service-wise.
Wilmar establishes four subsidiaries across Asia
Its new China unit will have a registered capital of $61.22m.
ComfortDelGro hikes rental relief for cabbies
This followed measures restricting gatherings and closing bars and cinemas.
OUE to rebrand Mandarin Orchard Singapore as Hilton's flagship
They plan to spend $90m in renovating the hotel.
Singapore headed for recession: MTI forecasts
Advanced estimates on Q1 GDP showed a 2.2% contraction.
Daily Briefing: Bar and cinema closures rub salt in wound for economy; Pandemic may hit S-REITs harder than the Financial Crisis
And Singapore will make its contact tracing tech freely available to developers worldwide.
Commentary
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust