News
Market Update: STI ends Wednesday trade up by 0.35%
Market Update: STI ends Wednesday trade up by 0.35%
The Straits Times Index made a slight uptick of about 10.18 points or 0.35%, to end the day's trade at 2,927.47.
WEF Special Annual Meeting in Singapore moved to August
Current travel restrictions hindered the possibility of an in-person meeting in H1.
Daily Briefing: Cialfo nets $20m Series A+ funding; About 190 employers caught underpaying foreign workers from 2015 to 2019
And Google co-founder Sergey Brin to open branch of family office in Singapore.
Looking ahead to the future of Singapore's tourism industry
The Singapore Tourism Board saw an 85.7% decrease in visitor arrivals in 2020.
Sun Cable, Australian NTG ink Australian-ASEAN Power Link deal
The project would supply up to 20% of Singapore’s electricity needs.
7 in 10 business leaders in Singapore distrust financial forecasts
152 Singaporean business leaders and F&A professionals participated in the study.
Qapita secures investment from East Ventures
The funds will be used to build its team in Singapore, India, and Indonesia.
Koh Brothers Eco revenue crashed by 37% in FY2020
Loss of revenue attributed to a halt in construction activities.
MAS, SGX warns on trading-related risks incited by online discussions
This comes amidst speculative activities in the US stock market.
Keppel Capital launches China logistics property fund
Its initial commitment is at around $288.8m (RMB1.4b).
Singtel to launch 5G mobile edge computing
It will be launched on Microsoft Azure Stack.
Grab closes upsized US$2b term loan
The term loan is said to be the largest in the Asian technology sector.
Nanotextile, Volvo Car Malaysia launch antimicrobial face masks
The face mask is incorporated with Batik Tekap pattern.
Tourism arrivals and receipts to remain weak in 2021: STB
STB’s SingapoRediscovers Vouchers scheme has netted $35.9m since 1 January.
Businesses should leverage digital tools for better outcomes: survey
The survey aims to understand how businesses use digital tools in operations.
GfK, SPH to introduce new media audience measuring tool
The audience study aims to understand audience profile changes.
Ensign, SUTD announce new cybersecurity studies scholarship
The scholarship aims to develop more cybersecurity talents.
Commentary
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Singapore’s small exporters need credit that matches their payment cycle
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F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia