News
MAS cuts down training scheme subsidies in the financial sector even further
However, the government agency still expects participation to remain robust.
SIA rolls out more flights to Japan, India as air travel demand rises
Its capacity will be around 81% of 2019 levels by year-end.
Frencken must ‘keep on the lookout’ for mergers and acquisitions: report
Frencken posted a net cash position of $72.8m as of March 2022.
MAS mulls additional consumer protection safeguards for crypto trading
Last January, MAS already restricted the marketing of crypto services.
MCT appoints former OCBC CEO as new non-executive director
Samuel Tsien led OCBC for nine years.
Passenger traffic in Changi Airport rise 10 fold in H122 vs H121
The airport handled about 8.9 million passengers.
F&B sales up 40.1% YoY in May after removal of strict dine-in rules
The industry rendered $910m in sales.
CLI to receive immediate fee income from Ascott’s acquisition of Oakwood
Oakwood has 81 properties and 15,000 units under management.
6 in 10 young employees would leave employers who insist on full-time onsite work
About 35% of older employees would also consider quitting.
Chart of the day: Mental health in North Region most ‘strained’ in Singapore
Almost 2 out of 5 Singaporeans have high mental health risks.
Market update: STI down 0.56%
DBS and Keppel Corporation are the only gainers.
Retail sales jump 17.8% YoY in May
Excluding motor vehicles, total retail sales increased by 22.6% YoY.
Property investment sales jump to $8.2b in Q2 22
Sales were driven by the commercial sector.
Gov’t sees no recession in 2023: Tan
Authorities readied plans to combat high inflation.
Singapore PMI edges lower by 0.1 in June
The electronics industry posted a strong performance last month.
Home affairs ministry eyes amending law on renovation fraud
From 2019-2021, there were 100 cases involving errant renovation contractors.
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