Economy
Singaporeans expect 3.1% inflation in the next twelve months
Singaporeans expect 3.1% inflation in the next twelve months
The survey showed a marginal easing of expectations on prices.
March NODX up 17.6%
It was driven by the 20.5% growth in non-electronic NODX.
Daily Briefing: Reefknot, Mastercard co-leads Previse's $11m funding; FairPrice raises online capacity by 30%
And IMDA investigates StarHub’s internet service disruptions.
Daily Briefing: Foodtech VC Sirius Venture co-leads $3m funding in Hargol; TikTok parent firm on a hiring spree in Singapore
And StarHub services 'fully restored' after hours of disruption.
Lost output amidst pandemic could hit $50b: BofA
An expected recovery in 2021 won’t stop the bleeding.
Beh Swan Gin to step down as ST Engineering's director
The decision not to seek re-election stems from his other commitments.
Daily Briefing: ComfortDelGro drivers to help deliver RedMart groceries; 2C2P sets up VC arm in SEA payment firms
And foodpanda co-founders launch iSaveSG.
Daily Briefing: FairPrice allows discounts to PG members' relatives; BTO flat construction to speed up after circuit breaker period
And Mighty Jaxx bags $3m funding.
Over half of Singaporeans are satisfied with the solidarity budget
Majority said that the circuit breaker measures are sufficient to slow the virus spread.
More than half or 55% of Singaporeans rated the latest...
Daily Briefing: Chipmakers count on less disruption during Singapore lockdown; Health Ministry expands rules for returning residents
And Singapore food agency ramps up rooftop farming plans.
Daily Briefing: Restaurant owners halt operations during ‘circuit breaker' measures; Quest Ventures gets Pavilion Capital, QazTech as anchor LPs
And grounded aircrew enlisted for virus prevention service.
Government launches $5.1b solidarity budget amidst lockdown
They will introduce a bill allowing businesses to defer rent and law payments, amongst others.
Daily Briefing: GIC, Dexus to acquire 50% of Rialto Towers for $387.5m; Kopar At Newton sold 77 units ahead ‘circuit breaker' measures
And about 3,300 devices have been loaned out to students for home-based learning.
PMI falls to record low at 45.4 in March
Faster contractions in finished goods, imports, input prices, and order backlog dragged it down.
Daily Briefing: RedMart temporarily suspends new orders; TNB Aura launches fund to back struggling startups
And jail and fines were imposed for employers who refuse work from home.
Myanmar's 2020 growth forecast slides to 3.6% amidst pandemic
The garment sector faces a weak outlook due to factory closures. Myanmar's 2020 GDP growth forecast is 3.6% or 2.7 percentage points (ppt) lower than...
Japan's budget deficit to expand to 7.4% in FY2020
The Olympics’ postponement will drag on tourism and consumption revenues.
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