You are here
Daily Debrief: What Happened Today
Stories you might have missed
SHELL Companies, the local subsidiary of Royal Dutch Shell, is set to cut 500 jobs or about 38 per cent of its local workforce over the next three years as the group makes changes to its largest refinery on Pulau Bukom.
ACCORDING to the 2020 South-east Asia e-Conomy report by Google, Temasek and Bain & Co, Vietnam's Internet economy grew 16 per cent to reach US$14 billion in gross merchandise value (GMV), while Indonesia's grew 11 per cent to reach US$44 billion.
SOON, financial institutions (FIs) may no longer be allowed to rely on common personal information such as NRIC number, residential address and date of birth as the sole means of identity verification.
ONLINE platform DoctorxDentist, following days of intense back and forth with the Singapore Medical Association (SMA), said it will now remove the listings of doctors who have requested to have their profiles taken down from the website.
THIS marks LinkAja's first external investment from a private company, as well as a new twist in the long-running e-wallet war between rivals Grab and Gojek.
INVESTMENTS for the region's 12 unicorns in the first half of 2020 fell to US$3 billion, down 41.2 per cent from a year earlier, and nearly a third from 2018.
- EC World Reit cuts Q3 DPU by 6.8% to 1.388 S cents
- Far East Orchard sinks into the red with S$6.3m nine-month loss
- Bumitama 9M net profit jumps 48.8% on higher palm oil prices
- Cromwell E-Reit posts indicative Q3 DPU of 0.882 euro cent
The STI today
THE local blue chip benchmark Straits Times Index (STI) ended the day up 3.67 per cent or 95.64 points to 2,705.