News
Tourism receipts plunged 39% to $4b in Q1
This was attributed to the decline across all components.
Yongnam JV secures $320.4m contract to build Jurong Region Line
The firm will construct Toh Guan, Jurong Town Hall and Pandan Reservoir stations.
SIAEC's profits plunged 74.3% to $10.7m in Q1
The flights they handled in Singapore shrank to 13% of their usual load.
Sembcorp Industries posts $131m net loss in H1 2020
It recorded exceptional items amounting to a negative $191m.
Over 140,000 employers to receive payouts under Jobs Support Scheme
This is expected to total to over $4b.
EMA, Shell invite SMEs to co-create energy solutions
This is to develop solutions to manage Shell’s service stations.
SIAS urges Hyflux' suitors to offer for P&P holders
None of the new potential investors has proposed offers for P&Ps yet.
OUE sells US bank tower for $597.7m
It will streamline its asset ownership when the US property market may not be favourable.
SGUnited Skills Programme registers 1,300 sign-ups
More training places and courses expected by the end of the year.
Marina Bay Sands ends lawsuit with $9.1m payment
It was sued last year to recover funds that was allegedly said was sent to other patrons in 2015.
Daily Briefing: Singapore Together Pack to be disbursed starting 20 July; Antler reveals 15 startups in its 4th Singapore programme.
And crypto startup Xangle raises $4.17m in a series A2 funding round.
Daily Markets Briefing: STI down 0.2%
DBS saw the sharpest decline amongst top active stocks with a 1.02% contraction.
Chart of the Day: Foreign transactions of non-landed homes increased in June
Units bought by NPRs increased to 49.
Chart of the Day: Employment Diffusion Index fell to 38.7 in March
This is said to suggest a fall out in the labour market.
Daily Briefing: Singapore economy still in dire situation; Company fined for illegally importing food from Malaysia
And Science Centre, Snow City to reopen from 17 July.
Daily Markets Briefing: STI down 0.95%
Singtel saw the sharpest decline amongst top active stocks with a 1.58% contraction.
Commentary
Can controlled sandboxes prepare Singapore organisations for production AI?
What the latest sanctions regimes mean for Singapore businesses
Singapore’s tourism economy depends on security infrastructure most never see
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines