In Focus

IPO fundraising plunged 53.2% to $725m in H1

IPO fundraising plunged 53.2% to $725m in H1

IPO momentum was interrupted by the pandemic and circuit breaker.

In Focus

Funding rounds intensify as crisis management adds up to VCs' investment criteria

Investors are expecting a bulk of changes in the ‘new normal’, making it harder for cash-strapped startups.

In Focus

Retail sales crashed 52.1% in May

The last full month of the Circuit Breaker came worse, but is expected to lighten by June.

In Focus

Property deals crashed 45% to $6.13b in H1 2020

Despite the surge in big commercial deals, the lack of hospitality deals dragged overall volume.

In Focus

1.4 million Singaporeans to benefit from $570m in GST vouchers in August

Notifications will be sent out starting 1 July to 3 July.

In Focus

One in four Singaporeans laid off amidst pandemic

However, three in four hirers would still consider recruiting retrenched workers.

In Focus

Webrooming customers spent twice more in Singapore stores

Companies are likely to leverage on this behaviour to offer seamless omnichannel shopping.

In Focus

Infocomm sector satisfaction dips 1%

This marks the first decline for the sector since 2014.

In Focus

ESG, SSC to develop new standards for business resilience

These aim to mitigate the impact of the pandemic and bolster recovery efforts.

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Inflation down 0.2% in May

CPI‐All Items inflation also fell no thanks to a larger decline in private transport costs.

In Focus

MOM imposes new fair hiring conditions to employment agencies

It will also appoint selected EAs to hire fairly as placement partners.

In Focus

Government to invest $20b for R&D projects: Heng

They will create alliances to prototype new ideas within the coming months.

In Focus

Health Ministry watchful as economy reopens

Phase 2 reopening kicks off from today, with restaurants and retail outlets open again.

In Focus

Singapore hailed 2nd simplest market to do business in Asia

The Lion City scored exceptionally well in its accounting and tax standards.

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Retailers and F&B outlets now allowed to reopen in Phase 2

Many businesses may resume, but activities attracting large crowds are strictly prohibited.

In Focus

Jobless rate jumps to 2.4% in Q1

Total employment registered its sharpest quarterly contraction on record.

In Focus

How the Temporary Measures Act provides a lifeline for hard-hit contracts

The act covers agreements made before 25 March.

In Focus