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Daily Debrief: What Happened Today
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GRAB'S financial services arm, Grab Financial Group, is rolling out a micro-investment product and a third-party loan platform for its users.
THE Monetary Authority of Singapore, the National Research Foundation and the National University of Singapore will jointly set up a research institute that supports the needs of digital financial services in Asia.
DESPITE challenges posed by the Covid-19 pandemic, Singapore-listed companies charted a new record in governance and transparency this year.
FRASERS Logistics & Commercial Trust (FLCT) is looking to acquire two properties in Australia and the UK from its sponsor Frasers Property as well as sell its remaining half stake in a cold storage facility in Australia, said the trust's manager, which has also released its latest business update indicating that the coronavirus pandemic has not had a material impact on FLCT's portfolio.
SWIRE Properties has signed a five-year HK$1 billion (S$177.4 million) green loan with OCBC Bank.
STARTING the week of Aug 17, low-cost carrier AirAsia will launch daily flights between Kuala Lumpur and Singapore, as well as one weekly flight each between Singapore and Penang, Kota Kinabalu, Kuching and Ipoh.
SINGAPORE-BASED renewable energy and waste infrastructure developer Equis Development has completed a 100 billion South Korean won (S$115.3 million) equity capital raise with Hana Financial Investment, to construct a portfolio of four waste-to-energy facilities in South Korea.
The STI today
THE Straits Times Index (STI) tracked a rally in tech stocks on Wall Street and Hong Kong to rise 30.79 points or 1.24 per cent to 2,515.70 on Tuesday, ending a three-day losing streak.