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Daily Debrief: What Happened Today

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Eight in 10 Singapore-based finance leaders are not equipped with the skills to meet the requirements of their jobs in the next decade, while six in 10 say the current curriculum offered by education and professional bodies is inadequate to help them develop future-ready skills.

Singapore finance professionals not equipped for the future: poll
EIGHT in 10 Singapore-based finance leaders are not equipped with the skills to meet the requirements of their jobs in the next decade, while six in 10 say the current curriculum offered by education and professional bodies is inadequate to help them develop future-ready skills. 


Singapore Sept non-landed private home rents dip 0.1%; HDB rents fall 0.9%: SRX
RENTS for Singapore's non-landed private homes fell 0.1 per cent in September compared to a month ago, according to flash estimates released by SRX Property on Wednesday.


Singtel, Ericsson to invest S$2m over 3 years to spearhead Singapore's 5G development
SINGTEL and Sweden's Ericsson will jointly establish a Centre of Excellence to facilitate 5G development and deployment in Singapore. Co-funded by the partners with an initial investment of S$2 million over the next three years, the centre aims to spearhead the development of the city-state's 5G mobile network infrastructure to support future Smart Nation initiatives.


Tech mergers and acquisitions to hold strong over next 12 months: poll
DESPITE a recent slowdown in mergers and acquisitions (M&A) activity, dealmakers expected technology M&A to remain strong over the next year, according to a survey of tech M&A leaders.

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Market voices on:


Banyan Tree to run new Mandai eco-friendly resort by 2023
BANYAN Tree Holdings will open its first Singapore resort on a 4.6-hectare site in Mandai by 2023, the company announced early Wednesday.


New regime allows foreign companies to re-domicile to Singapore
FOREIGN companies will be allowed to transfer their registration from their home jurisdiction to Singapore, under the new inward re-domiciliation regime, starting Wednesday.


New Silkroutes' auditor flags prepayments to supplier; group makes dental clinics purchase
NEW Silkroutes Group's (NSG) independent external auditor said that it was unable to obtain sufficient evidence about prepayments made by the group's subsidiaries to a supplier for the financial year ended June 30, 2017.


Corporate Earnings

SPH posts 32% rise in net profit; to accelerate job cuts
 


The STI Today

Singapore stocks finish mixed, STI dragged lower by banks
THE Straits Times Index hardly twitched for the whole session before sliding in the afternoon to a net loss of 8.67 points at 3,280.28.