Economy
Cost of employing expats dropped over $5,200
Cost of employing expats dropped over $5,200
Singapore's standing as one of the most expensive locations for hiring expats fell to ninth place.
Daily Briefing: Singapore, Indonesia begins talks on reciprocal green lane; Government invests $82.95m in Phoenix Mills' QIP
And MSF to strengthen social safety nets amidst pandemic.
Daily Briefing: Singapore sees cycling boom amidst pandemic; Scoot modifies A320 aircraft
And Reapra launches a virtual hackathon for female founders.
Core inflation to remain in the red till end-2020
External pricing and imported food prices will be pressured by global factors.
Singapore sees 0.4% deflation in July
Costs of electricity and gas and food saw a steeper decline.
72% of small businesses are satisfied with government efforts
Amongst ASEAN markets, Singapore is the most pleased with the relief efforts.
Daily Briefing: About 330 got jobs with start-ups under SGUnited package; See-Mode raises $9.7m series A round
And TADA unveils new wet market delivery service.
Domestic wholesale sales down 40.6% in Q2
Likewise, foreign wholesale sales dropped 30.4% over the same period.
Daily Briefing: Doyobi announces $1.37m in funding from 500 Startups; Hubble snags funds led by OSK Ventures
And Drone sector takes off with more potential for range of uses.
Daily Briefing: SIA Group passenger carriage drops 98.6% in July; Over 140 employees from SPH to be affected by retrenchment exercise
And Zoom opens a new data center in Singapore.
Economy to remain in contraction in H2 despite new fiscal package
Analysts believe that it would not be enough to boost the labour market and tourism scene.
Daily Briefing: EZ-Link, Touch 'n Go launch dual-currency contactless card; Aura Group, Conduit House raised $82.07m for hotel upgrade
And Singapore carriers' pilots and cabin crew who are returning from overseas to be tested for COVID-19.
Singapore unveils additional $8b fiscal package
The government has put more emphasis on job security, extending the Job Support Scheme for seven months.
NODX up 6% in July
Both electronic and non-electronic exports rose, albeit at a slower pace.
Daily Briefing: National Wages Council to update guidelines by September; Anchanto raises $16.6m in series C funding
And all SCDF frontliners to get smart watches by 2022.
Daily Markets Briefing: STI down 0.56%
ST Engineering led the gains amongst top active stocks with a 3.67% expansion.
Daily Briefing: Singapore, Japan to resume essential business travel; Foodpanda, ST Engineering tests drone food delivery
And blockchain accelerator Tribe goes virtual for batch 3.
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