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Daily Debrief: What Happened Today

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AI has been identified as one of four frontier technologies under the ICM ITM that will grow Singapore’s digital economy and enable its Smart Nation vision.

AI key in Singapore's infocomm and media transformation map
ARTIFICIAL intelligence (AI) is among key technologies highlighted by the infocomm and media (ICM) industry transformation map (ITM) announced on Friday. 

Cosco Shipping Int'l makes voluntary cash offer for Cogent at S$1.02 per share
COSCO Shipping International on Friday made a voluntary conditional cash offer to acquire all the issued ordinary shares of Cogent Holdings Ltd for a sum of S$488.07 million.

UOB shareholders' faith in Wee Cho Yaw strong
SHAREHOLDERS of United Overseas Bank (UOB) continue to keep their faith in Wee Cho Yaw despite Thursday's announcement that he will be retiring from the board after six decades of steering the bank.

MOT, CAAS seeking proposals to develop solutions for unmanned aircraft systems
A CALL for proposal to develop systems and technologies to enable innovative, wide-ranging use of unmanned aircraft systems (UAS) was issued on Friday, in a joint statement by the Ministry of Transport (MOT) and the Civil Aviation Authority of Singapore (CAAS).

Market voices on:

Kampong Glam to become 1st digitally- enabled neighbourhood under Retail ITM
KAMPONG Glam could soon become Singapore's first digitally-enabled neighbourhood. The Malay enclave has been identified as the first of many neighbourhoods that will undergo a digital revitalisation, as part of the the Retail Industry Transformation Map (ITM).

Corporate Earnings



The STI Today

Singapore shares end week up nearly 2 points
EXPECTATIONS of a better non-farm payroll and unemployment data from the United States helped to give local stocks a push, even as some local earnings were weaker and growth remained modest for China's services sector in October.