Staff Reporter

Shippit signs 3 deals with Janio, FedEx, Qxpress

The partnerships are expected to boost its delivery network in Singapore and Malaysia.

16 F&B outlets forced to close after SMM breach

Amongst the F&B outlets are a KFC outlet and a Don Don Donki food court.

Jobless rate inches down to 2.8% in May

This is an improvement from 2.9% from the previous month.

Gov’t launches partnership with Twitter to upskill workforce

The social media giant will also help Singapore in promoting digital literacy and internet safety.

6 firms awarded in Deloitte’s inaugural Singapore’s Best Managed Companies

The accounting giant has run this award program in 37 countries.

Home sale prices rise for the fifth straight quarter

Private residential property prices rose by 0.9% in the second quarter of 2021.

Market Update: STI down 0.2%

Mapletree Commercial Trust saw the sharpest decline during Thursday's trading, with a 1.39% drop.

Chart of the Day: Singapore REITs' average occupancy rates dip to 95%

In particular, retail and office S-REITs saw the largest drops in occupancy rates.

Grab-Singtel, iFAST apply for Malaysian digital bank license

Bank Negara Malaysia is expected to issue up to five licenses by Q1 2022.

Singapore wealth platform Endowus gets backing from UBS, others

It will use the funds to expand in the country and in Hong Kong.

Economic growth could exceeed 4-6% forecast: MAS

MAS Managing Director Ravi Menon said the government could upgrade its GDP forecast for 2021.

MAS net profit plummets by more than 50% to $5.2b

Half of the profit will be added to its reserves, whilst half will go to the government.

CapitaLand exits Japan retail sector, invests in new logistics facility

The real estate firm will invest $90.8m in a new logistics facility in Osaka, Japan.

Workforce confidence wanes in 2021: survey

Only 64% are confident about their firm's future compared to 81% in 2021.

Gov’t tops up $3.5m for maritime sector support

Fresh funds will be given to the MaritimeSG Together package to bring the cumulative amount to more than $36m.