Daily Debrief: What Happened Today (Jul 6)

Stories you might have missed

Singapore, Indonesia seek closer energy and sustainability cooperation to power up green ties

[JAKARTA] Singapore and Indonesia will do more together in energy and sustainability, with carbon credits, renewable energy and cross-border electricity projects highlighted as areas for future cooperation.

Singapore enters next phase of 5G roll-out as telcos achieve nationwide coverage

[SINGAPORE] Singapore’s mobile operators have begun migrating their customers to standalone (SA) 5G services, marking the next phase of the country’s 5G roll-out with all four operators having achieved nationwide coverage.

PayNow eyes merchant, business payments in next growth phase, puts heat on card networks

[SINGAPORE] PayNow’s next growth phase is expected to come from merchant and business payments, as the latest upgrades to Singapore’s national payment system enable it to compete more directly with card networks in a wide range of transactions.

Singapore’s record-high electricity tariff drives retailers to roll out discounts, but price war unlikely

[SINGAPORE] Singapore’s electricity retailers are out to attract new customers with promotions on fixed-price plans – as consumers seek cost certainty following the 17 per cent surge in the electricity tariff for July to September, marking a record high for the Republic.

World Cup fever: After-hours matches leave Singapore businesses on the bench

[SINGAPORE] The World Cup may be generating plenty of buzz among football fans, but the cheer and action has not fully spread to F&B operators in Singapore’s Central Business District (CBD). 

Singapore retail sales up 3% in May, missing forecasts

[SINGAPORE] The Republic’s retail sales rose 3 per cent year on year in May, extending the 5.4 per cent growth recorded in April, data from the Singapore Department of Statistics showed on Monday (Jul 6).