News
Daily Briefing: Singapore's flexi-work scheme gets $70m funding boost; China's YY buys livestream startup Bigo for $1.97b
Daily Briefing: Singapore's flexi-work scheme gets $70m funding boost; China's YY buys livestream startup Bigo for $1.97b
And a Barclays executive ditches his job for Standard Chartered Singapore.
Daily Markets Briefing: STI down 0.52%
Wall Street's weakness could tone down gains today.
Chart of the Day: Share buybacks hit $31.9m in February
ST Engineering repurchased around 4 million shares to account for nearly half of the monthly figure.
Singapore to raise insurance cover for overseas project funding to $50m
It wants to boost support for local businesses’ overseas expansion.
Insurance gross premiums climbed 3.4% to $3.81b in 2018
The motor insurance segment’s underwriting profit jumped 137% to $9.96m.
NTU Singapore and Volvo roll out 'world's first' self-driving electric buses
The 36-seat single-deck bus will soon begin trials at the NTU Smart Campus.
Nearly 1 in 5 employees hit by stagnant wage growth in 2018: study
Singapore workers lament the lack of transparency regarding pay level settings.
TR68 could attract foreign autonomous technology firms to Singapore: Fitch
The nation’s ageing population would encourage further government support to the industry.
Singapore to develop 18ha agri-tech innovation park
It should be ready from Q2 2021, trade and industry minister Koh Poh Koon said.
Frasers Logistics & Industrial Trust to join FTSE EPRA/NAREIT Global Developed Index
This raises the firm’s trading liquidity and visibility to global investors.
Local business sentiment weakened in Q2 2019
The Business Optimism Index fell to +5.08 points as only four of six indicators are in the expansion zone.
Singapore trails behind EU as world's most innovative IP office
The European Union’s consistent online tools allowed it to retain first place.
Quest Ventures to launch early-stage digital commerce startup funds worth US$120m
The VC firm plans to invest up to US$100m through an open fund and as much as US$20m through an impact fund.
Daily Briefing: Singapore to invest $300m in digital innovation research; Two-room flexi flat application rates dropped to 4.2% in 2018
And Sea will add US$1b to its cash pile to amp up its digital entertainment offerings.
Daily Markets Briefing: STI up 0.95%
Expect muted gains today.
Chart of the Day: 6.2% rise in tourist arrivals cushioned retail sales slip in 2018
Growth was driven by substantial increased arrivals from the US and Europe.
DBS Bank to set up over 100 touchpoints in India
The bank plans to open nine new branches in March alone.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform