News
MPA sets up Crew Facilitation Centre, fund for safe crew change
MPA sets up Crew Facilitation Centre, fund for safe crew change
The self-contained facility will house crew for up to 48 hours prior to boarding.
Chart of the Day: Property investments plunged 73.4% to $1.7b in Q2
No transactions in the public sector were recorded during the quarter.
Daily Markets Briefing: STI down 0.28%
Wilmar International saw the sharpest decline amongst top active stocks with a 2.02% contraction.
Daily Briefing: MPs call for firms to be more transparent on foreign hiring; e-games startup Potato Play raises $2.38m
And Intrepid Group secures undisclosed pre-series B funding.
Two out of three Singaporeans remain concerned about COVID-19:Manulife research
Around 60% of the respondent's to the life insurer's survey say they are not confident to be part of crowds, while 65% still fear going outside.
Daily Markets Briefing: STI down 1.78%
OCBC Bank saw the sharpest decline amongst top active stocks with a 3.82% contraction.
Singapore, Thailand to speed up talks on essential business travel
The continued momentum in bilateral engagements despite the pandemic, has been welcomed by both the countries.
Ministry of Manpower sets higher minimum salary requirement for EP and S Pass applicants
The move comes into effect as companies face shortages for skilled manpower critical for recovery and growth.
Suntec retrenches 85 employees
Affected staff will receive a month’s salary for every year of service as severance payment.
Daily Markets Briefing: STI down 0.88%
Wilmar International led the gains amongst top active stocks with a 1.84% expansion.
Chart of the Day: Cross-border property investments dropped 30.2% in Q2
A key deal is CDL’s acquisition of 51.01% stake in Sincere Property Group for $880m.
Alibaba's Cainiao Network launches Singapore-China air freight route
This was made to support an increased cross-border shipment.
Fintech firm Fave unveils QR payments to DBS PayLah, Singtel Dash users
Users buying from Fave’s partner merchants will receive up to 20% instant cashback.
Straits Trading buys business park in England for $137.9m
It is currently 96% let to multiple tenants.
Singapore expat jobs under threat in recession, local hire push
Recruiters say that the barriers to entry are mounting.
Singapore retail vacancy rate hits record high of 9.6% in Q2
Demand for retail space also reached the highest contraction since 2011.
DBS, Wilmar ink Singapore's first SORA agribusiness loan
Wilmar has option to enter into a SORA interest rate swap.
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