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Daily Debrief: What Happened Today
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GRAB is in a position to make acquisitions and is financially strong even in a tough year, the company's chief executive Anthony Tan told staff in an internal note, a day after a report that the Singapore-based firm is closing in on a merger with Indonesian rival Gojek.
DEVELOPERS are getting a much-needed boost to their land inventory with an increase in the supply of residential units for the first-half 2021 government land sales (GLS) programme.
THE Ministry of Manpower said employment rate remained high (80.3 per cent) for residents aged 25 to 64, the bulk of whom are in their prime working age, and was close to the average in the last five years (80.5 per cent).
THE move follows the lender's S$5 million investment to upskill and strengthen its Singapore workforce to support its digitalisation and business growth plans.
UOB is making use of a new artificial intelligence (AI) solution that is "highly accurate" in identifying suspicious transactions and connected parties as it combats increased sophistication in financial crime.
THE credit and risk information solutions provider was among the most active counters in early trade.
The STI today
THE benchmark Straits Times Index (STI) gained 0.41 per cent or 11.39 points to close at 2,822.34, after some 1.61 billion securities worth S$1.08 billion changed hands.