• Malaysia’s chicken export ban starts today (1 June). This means that Malaysia will no longer supply poultry meat products to other countries, including Singapore. The halting of chicken export is likely to impact Singapore’s chicken supply and prices in the coming days.

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  • Singapore is expected to maintain the growth forecast for 2022 at 3% to 5% largely due to the finance and insurance, manufacturing, and professional services sectors. 

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  • As fuel prices remain volatile, ride-hailing providers are extending a helping hand to drivers by shouldering temporary driver fees until the end of July.

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  • Sixty-five companies have advanced their growth thanks to the Scale-up SG Programme since it was launched in 2019.

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  • Prime Minister of Singapore Lee Hsien Loong is set to deliver the National Day Rally speech on 21 August 2022. This rally is expected to be the most important political speech of the year.

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  • Phishing scams in Singapore where scammers pose as Carousell buyers have emerged. Around 69 people have fallen victim to the scam.

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