News
Retail sales drop 1.2% YoY in April
Excluding motor vehicles, sales would have fallen 4.5% YoY.
SIA and Cathay partner to advance sustainability in the airline industry
The airlines will promote sustainable aviation fuel in APAC.
Singaporeans see kids as “great investments” for retirement: Manulife
Saving up for retirement is not a top priority for young individuals.
iPiD secures $7.13m in Pre-Series A funding
The startup will use the funds for expansion.
Singlife cuts costs by $4m yearly with AWS integration
At least 70% of its staff earned at least one AWS certification.
Trading of Singapore manufacturing stocks hit a near-one-year high in May
The index booked 4.4% in total return last month.
Singapore among APAC countries leading ultra-long payment delays: report
Payment behaviour the worst in textile and construction sectors.
Consideration to fly with Singapore Airlines plunges after SQ321 incident
Despite the drop, SIA remains the most considered airline amongst Singaporeans.
Daily Markets Briefing: STI down 0.5%; Top stock is ThaiBev
ThaiBev is the top stock with a 3.03% increase.
Rich Singaporean investors will have among the lowest cash allocations in the year to come: HSBC
Globally, investors want to keep nearly one-third of their portfolios to cash.
Singapore construction firms seen stepping up tech adoption: report
Many are prioritising AI deployment.
Startups in Singapore find it more difficult to grow over the past year: report
Nearly all believe having a clear path to profitability has become more crucial.
SGX reprimands ex-CEO of Raffles Infrastructure
Wu Xinhua was found to have caused the firm to disclose false information from 2015-2018.
Singapore Airlines inks deal with Saudi Arabia’s new carrier
This includes codeshare arrangements, frequent flyer programme and cargo services.
SGX adds Keong Hong, Global Invacom, and Green Build to its watch list
The three must restore financial health within 36 months from 5 June.
Seatrium to begin early engineering work on BP's Kaskida floating production unit
The Kaskida project is located 250 miles southwest of New Orleans.
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