News
$6.8m Digital Resilience Bonus bolsters food services and retail industry
$6.8m Digital Resilience Bonus bolsters food services and retail industry
The DRB payouts are used to support the digitalisation of SMEs.
KK Fund launches new partnership with IGPI Singapore
This collaboration will help large corporations establish new businesses in Southeast Asia.
Yangzijiang wins $267m contract for five container ships
An additional five option orders of 3,500TEU container ships was part of the agreement.
Singapore stocks rally amidst US elections: SGX
The possibility of trade tensions abating boosted investor sentiment.
Daily Briefing: Manufacturing sector job openings double to 6,370 in mid-October; MOM offers one-time vaccination for migrant workers
And B2B sales productivity startup Nektar.ai raises $2.89m.
Daily Markets Briefing: STI up 1.19%
DBS led the gains amongst top active stocks with a 2.05% leap.
MAS launches $35m funding for data reporting digitisation
It will co-fund up to 30% of expenses for the adoption of digital solutions.
StarHub net profit drops 23.3% to $44.5m in Q3
Mobile service revenue fell due to lower postpaid contributions.
SIA Group crashes to $3.5b net loss in Q2
This was due to drop in passenger carriage and non-cash impairments.
Daily Briefing: Minister Teo talks review of CPF requirements; VC KK Fund taps Japan's IGPI to create new MNC businesses
And Robinsons Singapore holds a closing down sale.
Daily Markets Briefing: STI down 0.38%
Singtel saw the sharpest decline amongst top active stocks with 1.83% contraction.
How insurtech Cover Genius delivers personalised insurance anywhere
It partners with insurers to distribute plans through e-commerce sites.
Life insurance sector posts 2% drop in new premiums during Q3
Total weighted premiums hit $1.33b.
CapitaLand divests stakes in six China properties for $1.65b
Its interests will be acquired by CapitaLand Retail China Trust, in which it holds a 36.23% interest.
Yanlord pre-sales up 69.5% to $12.7b in 10M 2020
The group reported approximately $1.89b in presales in October alone.
SingPost posts 42.1% profit plunge in H1 FY2020
Rising international conveyance costs triggered the fall.
Retail, F&B sales down 10.8% in September
Both sales extended drop since August.
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