Daily Debrief: What Happened Today

Industry digital plan lends Singapore logistics SMEs a hand SMALL and medium-sized logistics businesses will find opportunities to take part in projects that could benefit the entire industry through a newly revealed Industry Digital Plan (IDP), the Infocomm Media Development Authority (IMDA) said on Wednesday.

Digital initiatives to help logistics SMEs launched A NETWORK of common parcel lockers and a platform that allows large shippers to sell unused cargo space at a discount to smaller shippers will soon be a reality in Singapore - under a new Industry Digital Plan (IDP) that has been launched for logistics small and medium enterprises (SMEs) as part of Singapore's Logistics Industry Transformation Map.

MAS grant, new insurance consortium to propel Singapore as insurance hub TO provide financing quickly in the aftermath of disasters or catastrophic losses, Singapore has moved to develop alternative risk transfer mechanisms such as insurance-linked securities (ILS) and government pools.

Shell opens new lubricants facility in Tuas, its third largest globally ROYAL Dutch Shell opened an integrated lubricants and grease production plant in Singapore on Wednesday (Nov 1) - its third largest lubricants facility globally, and second largest in the Asia-Pacific.

Changi Airport traffic grows nearly 6% in first three quarters PASSENGER traffic at Changi Airport grew 5.9 per cent year on year to 46 million for the first three quarters of this year, bolstered by broad-based growth across regions.

NTUC Income rolls out insurance sector's first self-service digital platform for startups MARKING the first self-service digital platform in the insurance industry, NTUC Income has launched Start.Sure.

MAS slaps prohibition orders against Kelvin Ang and Lee Chee Waiy in 1MDB case THE Monetary Authority of Singapore (MAS) said it has issued prohibition orders (POs) against former remisier of Maybank Kim Eng Securities, Ang Wee Keng Kelvin, and former NRA Capital research head Lee Chee Waiy.

The STI Today

Singapore equities end higher on back of solid global economic growth THE benchmark Straits Times Index (STI) added 17.53 points or 0.52 per cent to close at 3,391.61 - the highest in over two years.