Singapore bank lending up 0.4% in June: MAS | Tourism spend up 15%, arrivals rise 4% in Q1 2017

If this e-mail is not displayed properly, click [here.]( Daily Debrief MON, JUL 31, 2017 Top Stories [Singapore bank lending up 0.4% in June: MAS]( [BANK lending in Singapore rose 0.4 per cent in June from the month before, preliminary data from the Monetary Authority of Singapore on Monday showed.]( [Tourism spend up 15%, arrivals rise 4% in Q1 2017]( [TOURISM spend in Singapore expanded by 15 per cent year on year to S$6.4 billion in the first quarter of 2017, while arrivals grew 4 per cent to 4.3 million.]( [Majority of manufacturers expect business environment in H2 to remain similar to Q2]( [A MAJORITY of companies - a weighted 80 per cent - in the manufacturing sector expect business environment in the second half of 2017 to remain similar to a quarter ago, said the Singapore Economic Development Board on Monday.]( [Motorcar, fitness club sectors among most notorious in losses incurred by consumers due to closures: Case]( [THE motorcar industry has the highest amount of prepayment losses incurred by consumers when businesses close down, the Consumers Association of Singapore (Case) said on Monday.]( [More services sector firms upbeat about business environment in H2]( [More companies in the services sector expect a better business environment in the second half of 2017 than in the first half of the year, figures released by the Department of Statistics Singapore on Monday showed.]( [Singapore launches new tripartite standard for term contract employees]( [SINGAPORE launched on Monday a new tripartite standard which specifies better employment conditions for term contract employees.]( [Singapore ranks second after Switzerland in world's top innovation leaders]( [SINGAPORE has emerged among the world's top innovation leaders, coming in second to Switzerland.]( [Ong Ye Kung takes over as new chairman of the Chinese Community Liaison Group]( [ONG Ye Kung, Singapore's Minister for Education and Second Minister for Defence, will take over from Chan Chun Sing, Minister in the Prime Minister's Office and secretary-general of the National Trades Union Congress, as chairman of the Chinese Community Liaison Group (CCLG).]( Corporate Earnings - [Raffles Medical Q2 earnings up 0.5% to S$16.8m, revenue up 1% to S$120.1m]( THE STI TODAY [Singapore stocks finish mixed]( [SLIGHT weakness in the Dow futures made for a cautious start to the week for the local stock market, as the Straits Times Index drifted to a 1.23 point loss at 3,329.5. Volume at 2.8 billion units worth S$1.4 billion was average by recent standards and excluding warrants there were 226 rises versus 210 falls.]( Follow Us On [Facebook]( [Twitter]( [Linkedin]( [Advertise With Us]( You are receiving this e-mail because you subscribed to the BT Breakfast Brief. We're keeping you updated with our Daily Debrief, which helps you catch up with breaking news you may have missed. If you no longer wish to receive the Daily Debrief, please click the link below to unsubscribe. If you want to unsubscribe from this mailing list, [click]( here.