News
Singapore climbs to 16th place in global startup ecosystems rankings
Its status as a global fintech hub helped boost its position.
Risk-averse investors push Singapore bank deposits up
Foreign currency deposits skyrocketed to $27b in April.
SATS headed for long, slow recovery: analysts
The aviation sector is only expected to begin recovery by FY2022.
Boustead Projects, YCH reach settlement over lawsuit
This follows a lawsuit filed for an alleged breach of contract.
OCBC to reduce salary credit bonus interest
The bank will also stop offering the credit card spend bonus interest.
Government to build dorms for foreign workers
This is said to house up to 100,000 workers in the longer term.
Singapore Savings Bond's July issue opens at 0.3% for the first year
The first interest payment is slated to be on 1 January 2021.
Most of SIA's board bail on MCB subscription
CEO Goh Choong Poon has lapsed the provisional allotments of 3 million rights MCBs.
SGX inks MSCI Singapore license agreement
It will also launch 10 Singapore Single Stock Futures products.
Daily Markets Briefing: STI up 1.6%
SPH led the gains amongst top active stocks with a 3.13% expansion.
Chart of the day: Industrial production up 13% YoY in April
This is attributed to the biomedical manufacturing cluster.
Daily Briefing: NTU, Facebook to launch programme for data centre certificates; Temasek leads $39.38m series C funding in Arterys
And startup accelerator Iterative reveals the first cohort of startups.
Singapore-Kuala Lumpur high-speed rail deferred to end-2020
Construction was previously delayed until the end of May.
Investments exceed full-year target in four months: report
The amount exceeded initial targets of $8b to $10b for the whole year, said MTI’s Minister.
Keppel Corp's Floatel conducts independent review
This follows after Floatel performed an impairment assessment of its vessels.
E-road pricing on hold till 28 June
Charges will be modified depending upon congestion.
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