Economy
Chart of the day: Industrial production up 13% YoY in April
Chart of the day: Industrial production up 13% YoY in April
This is attributed to the biomedical manufacturing cluster.
Daily Briefing: FairPrice, WhyQ launch zero-commission food delivery platform; Endofotonics bags $12m series B funding
And Wiz.ai nabs $8.48m pre-series A funding led by GGV Capital.
RIABU's pledge2play backs debt-ridden SMEs in payments showdown with big firms
Most SMEs are cash-strapped before COVID-19 and loans are seen as an expensive option.
Business in the time of Corona
Singapore’s business leaders reveal how they responded and how firms are coping with it.
Chart of the Day: Fiscal deficit may widen to 15.7% of GDP by end-2020
This comes after the announcement of the Fortitude Budget.
Singapore considers resuming essential travel
This comes as the country works on re-opening its borders.
Daily Briefing: GoBear bags $24.12m from existing investors; LongHash Ventures reveals fourth cohort of startups
And Ziliqa rolls out social media initiatives to support relief efforts.
Q2 could be Singapore's worst quarter yet: analyst
Even the strong pharma production may not be enough to cushion the damage.
Business receipts down 1.1% in Q1
The recreation and personal services industry led the fall amongst sectors.
Daily Briefing: Authorities move on 'anti-competitive activity' on fuel retailers; Warburg Pincus to increase stake in ARA Asset Management
And Carousell to help SMEs digitise business.
Fiscal deficit totals $74.3b: DPM Heng
This follows after Singapore unveiled the $33b “Fortitude” budget.
Singapore unveils $33b ‘Fortitude' Budget
The new budget focuses on employee retention and rental support.
Inflation slips 0.3% in April
The pandemic and measures implemented impacted the collection of prices.
Singapore crowned as best city in managing post-COVID-19 era
The city-state came first as well with the lowest change in unemployment rate.
NODX up 5.8% in Q1
Non-electronic exports countered the lower exports seen on electronics.
GDP could contract 4% to 7% in 2020: MTI
Weak external demand will continue counter projected expansion of the manufacturing sector.
Singapore to move on second phase of reopening by end of June: report
Government plans to continue testing the population.
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