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Daily Debrief: What Happened Today
MORE than one-third of chief information officers (CIOs) surveyed by recruiting agency Robert Half say a lack of employee knowledge and skills around data security is the most significant security risk their organisations will face in the next five years.
THE Council for Estate Agencies' (CEA) disciplinary committee said on Monday it has fined SQFT Global Properties Singapore Pte Ltd S$10,000 for failing to supervise its former agent, Paleenia Wong, over the sale and marketing of Albany Heights Villas, a property in Auckland, New Zealand.
SINGAPORE sovereign wealth fund GIC said on Monday it would invest about US$265 million in PT Nusantara Sejahtera Raya (NSR), which operates the Cinema 21, Cinema XXI and The Premiere brands in Indonesia.
HONG KONG-BASED Phoenix Property Investors, a private equity real estate firm with assets managed and under management in Asia of over US$6.7 billion, is looking to increase investments in South-east Asia property markets including Singapore.
SINGAPORE Exchange (SGX) has appointed Michael Luk as the new head of fixed income origination and sales at the exchange.
The STI Today
THE Straits Times Index rose 23.68 points to 2,943.05 on Monday but perhaps more important was that volume traded amounted to 2.1 billion units worth S$1.1 billion, lower than the S$1.3 billion average during the post-Trump election rally.