Covid-19

Return to Phase 2 measures unlikely to impact Singapore's GDP growth for 2021; K-shaped recovery expected: UOB - THE EDGE SINGAPORE

Covid-19

Return to Phase 2 measures unlikely to impact Singapore's GDP growth for 2021; K-shaped recovery expected: UOB

UOB economist Barnabas Gan's remarks come as social restriction measures are tightened from May 8 to 30.
Singapore to review Hong Kong travel bubble as virus returns - THE EDGE SINGAPORE

Covid-19

Singapore to review Hong Kong travel bubble as virus returns

Singapore had announced an agreement to open an air-travel corridor with Hong Kong on May 26.
Resumption of 'Phase 2' measures unlikely to be a substantial drag on economy: Barclays - THE EDGE SINGAPORE

Covid-19

Resumption of 'Phase 2' measures unlikely to be a substantial drag on economy: Barclays

Barclays economist Brian Tan is keeping his 2021 GDP forecast of 7.5%.
Tighter anti Covid-19 measures to curb further rise in cases - THE EDGE SINGAPORE

Covid-19

Tighter anti Covid-19 measures to curb further rise in cases

This is not a circuit breaker, said Lawrence Wong
Sembcorp Marine expects losses to continue for FY21 given worker shortage - THE EDGE SINGAPORE

Results

Sembcorp Marine expects losses to continue for FY21 given worker shortage

In its 1QFY21 business update, the group notes a shortage of skilled workers continues to be a key challenge.
TTSH cluster expands to 13 cases, 5 'likely' reinfections in worker dorms - THE EDGE SINGAPORE

Covid-19

TTSH cluster expands to 13 cases, 5 'likely' reinfections in worker dorms

Singapore’s Health Ministry has released more details of the local clusters in Singapore.
Singapore tightens local and overseas measures in response to increase in community cases - THE EDGE SINGAPORE

Covid-19

Singapore tightens local and overseas measures in response to increase in community cases

Singapore will tighten border and community measures from May 1, in response to the rise in community cases.
'Buy' CAO on compelling valuation, near-term surge in China’s domestic travel: RHB - THE EDGE SINGAPORE

Broker's Calls

'Buy' CAO on compelling valuation, near-term surge in China’s domestic travel: RHB

Since early March, domestic flights in China have surpassed levels in both 2020 and 2019, notes RHB analyst Shekhar Jaiswal.
Covid-19 has brought on migration shocks and doughnut effects: Maybank Kim Eng - THE EDGE SINGAPORE

Asean

Covid-19 has brought on migration shocks and doughnut effects: Maybank Kim Eng

"The out- migration or the ‘doughnut effect’ [has] reallocated real estate demand towards the suburbs and away from the city"
MAS commits $42 mil towards tech grants for financial sector - THE EDGE SINGAPORE

Disruption and Digitalisation

MAS commits $42 mil towards tech grants for financial sector

The funds will go towards a new RegTech grant scheme and the existing Digital Acceleration Grant (DAG) scheme.
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