Economy
Daily Briefing: Passengers to be directed into Changi Airport's new holding areas; Grab launches new career portal to support drivers
Daily Briefing: Passengers to be directed into Changi Airport's new holding areas; Grab launches new career portal to support drivers
And Genesis Alternative Ventures secures undisclosed investment from Capria Fund.
Hong Kong's Possible Loss of Special Status Reiterates Singapore's Stability
Hong Kong has taken a series of unfavourable hits in the last year, their unfortunate magnitude clear to see for the watching eyes of the world. The...
Daily Briefing: Wallex Technologies nabs undisclosed series A funding; Split secured an undisclosed funding led by 500 Startups
And Tychan to start human clinical trials for potential COVID-19 treatment.
Singapore is now fifth priciest market for expats
The drop was a result of the strengthening of the USD against SGD.
Daily Briefing: Customers warned against making payments to Global ATC; Vulpes rolls out COVID-19 fund
And AnyMind launches a programme to help influencers kickstart their brand.
Negative business outlook eases in Q3: study
The sentiments for most sectors were countered by an uptick in manufacturing and finance.
Daily Briefing: Wearable TraceTogether tokens to be rolled out in June; Safeguards needed before travel between Singapore and Malaysia can resume
And 3DInfra raises pre-series A from SEEDS, M Venture.
Chart of the Day: Official reserve assets grew to $424.8b in April
Singapore’s fiscal standing to remain sustainable.
EDBI and SEEDS Capital to disburse $285m to startups
The scheme will provide time-limited funding during the pandemic.
Daily Briefing: Singapore fishery ports to be consolidated; LingoAce nabs $9.77m in series A funding
Adn Hubble landed $5.02M in Tin Men capital-led series A.
Chart of the day: Transport costs dipped 4% YoY in April
It is considered as one of the main factors that dragged consumer prices over the period.
Chart of the Day: Fourth budget to lift budget deficit to 15.4% of GDP
Singapore to see the largest budget deficit since independence.
Daily Briefing: Eligible Singaporeans to receive cash payments from 18 June; CPF contribution rates to stay the same
And car-sharing player Smove files for liquidation.
PMI improves slightly to 46.8 in May
This is due to slower contractions in key indexes.
PMI deteriorates further to 27.1 in May: IHS Markit
Despite deflationary pressures, purchasing power remained weak during the month.
Daily Briefing: National Jobs Council to open job pathways amidst pandemic; Moovaz acquires SPH publication The Finder
And startup Intelllex bags $2.94m from Quest, Reuters, Insignia, others.
Chart of the Day: Headline consumer prices fell 0.74% YoY in April
This is the second straight month of deflation for the city-state.
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Commentary
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