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Daily Briefing: Government to provide $600m in payouts to employers; Trade Minister assures ample supply amidst Malaysia travel ban
Daily Briefing: Government to provide $600m in payouts to employers; Trade Minister assures ample supply amidst Malaysia travel ban
And new private home sales skyrocketed 114.3% to 975 units in February.
LTA awards $265.4m contract for three Jurong Region Line stations
This includes the construction of Tengah Plantation, Tengah Park and Bukit Batok West.
Scoot to offer voucher refunds in full
This will be available for bookings made on or before 15 March.
Government to offer lodging for stranded workers amidst Malaysia's lockdown
Hotel accomodations and HDB rooms will be made available.
Workers financially unprepared for layoffs amidst rising automation
About 34% of employees are unable to cover expenses should they get fired.
DBS extends enrollment deadline for COVID-19 relief insurance
The policy recorded more than 52,000 sign-ups in a day during its peak.
NODX climbed 3% in February
Both electronics and non-electronics exports recorded growth.
United Hampshire US REIT enters interest rate swaps
The fixed rate was lower than expected following the US Fed rate cuts.
SIA Group's passenger load factor down 12.1 ppt in February
Its passenger carriage slid by 17% YoY.
Singapore banks on downward spiral after US Fed cuts rate to nil
Loan yields are sighted to decline due to the lower benchmark rate.
Investor relations group calls for guidelines in holding virtual AGMs
The SGX’s rules still require AGMs to be physically held in Singapore.
Grab, IMDA launch accelerator programme
It will allow startups to know more of Vietnam’s business context.
Ho Bee Land unit wins tender of Biopolis Phase 6 for $223.6m
It will be completed in 2022, adding another 35,000 sqm of business park space.
Yangzijiang Shipbuilding bags $1.63b vessel contract
The 10 containerships are scheduled to be delivered from 2022.
Daily Markets Briefing: STI down 5.25%
SGX saw the sharpest decline amongst top active stocks with a 4.6% contraction.
Chart of the day: Nearly half of e-commerce traffic comes from unpaid searches
This is followed by direct landings at 39.5%.
Daily Briefing: Businesses seek more wage subsidies, rental relief; Singapore bankers worry over missed deals amidst new travel restrictions
And medical tech firm Biolidics plans to raise $3.13m through a share placement.
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