Economy
NODX full-year growth may exceed 6%: analyst
NODX full-year growth may exceed 6%: analyst
But low oil prices and the volatility of safe-heaven demand may weigh on expansion.
NODX up 7.7% in August
Non-electronic NODX jumped 8.3% during the month.
Daily Briefing: Facebook grants $4.75m to SMEs; Barclays to set up FX trading hub in Singapore
And Singaporeans to receive $100 worth of local tourism vouchers.
One in 10 Singaporean households experiences food insecurity: survey
Only 22% of these households receives food support.
Daily Briefing: Alibaba mulls $4.09b Grab investment; Carousell clinches $108.95m in funding round
And Singapore partners Apple on new LumiHealth app.
Daily Briefing: Sirius Venture leads $1.37m funding in Aerospring; InfoCorp rolls out Sentinel Chain
And around $40m awarded to 9 farms to increase local food production.
Daily Briefing: Fintech firm Thunes raises $82.24m in series B; Tuas Nexus construction begins
And Accelerating Asia programme unveils third cohort of startups.
Business sentiment still negative in Q4: SCCB
But the financial, manufacturing, and services sectors’ outlooks improved slightly.
GDP to decline 6% in 2020: survey
The economy shrunk faster than expected in Q2.
Manufacturing PMI hit 50.1 in August
It reflects improvements in the manufacturing and electronics sectors.
Daily Briefing: Sea-air freight an opportunity for Singapore as a transport hub; Biofourmis snags $136.39m led by SoftBank Vision Fund 2
And YouthTech programme to equip 1,000 youths with digital skills, offer work experience.
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.
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.
Daily Briefing: MAS to ensure ‘well-paced' exit of COVID-19 reliefs; Travelers to China to receive special testing
And Equis has sold two biomass projects to Tokyo Gas.
Manufacturing output dipped 8.4% in July
Output from all clusters, except precision engineering, dropped.
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