News
Fiscal deficit to make up 11.4% of GDP in 2020: Fitch
Fiscal deficit to make up 11.4% of GDP in 2020: Fitch
Final deficit figure likely to fall at 7.2%.
Frasers Property tops up $45m in rental rebates
It will be disbursed to its retail tenants in a targeted manner.
MAS eases monetary policy as economy heads towards recession
The regulator has adopted a neutral rate of appreciation.
Chip Eng Seng bags $433m contract to build biosolids facility
It will construct a biosolids building, digesters and greasy waste receiving facility in Tuas.
Daily Briefing: Singapore's PM says tourism and aviation industries are virtually dead; CPF services centre in Bishan temporarily closes
And medtech firm Biolidics acquires lab operator for $3.7m.
Chart of the Day: Chinese buyers snagged less condo sales in 2019
More foreigners of unspecified origin bought homes in the market.
Daily Markets Briefing: STI up 1.66%
UOB led the gains amongst top active stocks with a 2.43% climb.
Daily Markets Briefing: STI down 0.71%
Singtel saw the sharpest decline amongst top active stocks with a 3.08% contraction.
Chart of the Day: Share of posh condos sold in the CCR halved in Q4 2019
Condos priced $1m to $1.5m grew more popular in the region.
Daily Briefing: MOM requires approval for work pass holders from Malaysia; Mobile ordering platform Eatsy halts operations
And ARA Asset Management completes acquisition of investment manager Venn Partners.
Government launches $48b resilience budget against COVID-19 pandemic
Qualified commercial properties may receive a 100% tax rebate.
MAS establishes $86.31b USD facility for banks
It aims to support more stable USD funding conditions in Singapore.
Two in five of Singapore banks' customers willing to try neobanks: survey
Whilst Citibank remains the most satisfactory bank service-wise.
Wilmar establishes four subsidiaries across Asia
Its new China unit will have a registered capital of $61.22m.
ComfortDelGro hikes rental relief for cabbies
This followed measures restricting gatherings and closing bars and cinemas.
OUE to rebrand Mandarin Orchard Singapore as Hilton's flagship
They plan to spend $90m in renovating the hotel.
Singapore headed for recession: MTI forecasts
Advanced estimates on Q1 GDP showed a 2.2% contraction.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape