Daily Briefing: Maritime tech startup Claritecs raised $850,000 in pre-Series A round; Grange Road car park to be redeveloped into event space | Singapore Business Review - The Latest News, Headlines, Insight, Commentary & Analysis
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Daily Briefing: Maritime tech startup Claritecs raised $850,000 in pre-Series A round; Grange Road car park to be redeveloped into event space

And a survey notes that half of graduates work in jobs unrelated to their degrees.

From e27:

Maritime technology startup Claritecs has secured an $850,000 in pre-Series A funding from INNOPORT, the corporate venture capital unit of the globally operating ship owner and ship management company Bernhard Schulte. Claritecs CEO Wong Hong Lee said that the company will use the funding to support product development and market roll-out.

A separate private angel investor from Singapore’s maritime industry also joined as investors.

Claritecs’ suite comprises BunkerMaestro, an algorithm-based SaaS platform that provides data-driven insights for bunker scheduling, aiming to increase work efficiencies and bunker fleet optimisation.

Read more here.

From Channel News Asia:

Work to transform Grange Road car park into a new event space will begin next March, with authorities saying they will launch a tender by the end of this month.

The tender will be for an operator to transform the car park into a "dedicated and dynamic event space" with complementary commercial offerings, said the Singapore Land Authority (SLA), Singapore Tourism Board (STB) and Urban Redevelopment Authority (URA) in a media release.

The successful tenderer will be awarded a tenure of "3+3+3" years to construct, manage and programme the 4,482 sqm site from 1 March 2020.

As such, the car park will cease operations on Feb 29 next year.

Read more here.

From Human Resources Online:

Over half or 53% of Singaporean graduates work in jobs unrelated to their degrees, according to a YouGov study. Those studying accounting and finance (70%) were more likely to work in a related field, compared to those who studied business, administration and law (27%).

The study further revealed that about 99% felt that having a university degree is important.

Assuming the position of an employer, over half (53%) said that they would be willing to hire someone without a university degree. A third (33%) expressed that it makes no difference, whilst 15% said they would be unwilling to hire someone without one.

Read more here.

Image from Claritecs website

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