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Daily Debrief: What Happened Today
Singapore's logistics sector is stepping on the gas pedal in its technology adoption efforts, with a three-year plan outlining ways for various stakeholders to digitalise their processes and collaborate with each other.
The Singapore Exchange RegCo will work with the Securities Investors Association (Singapore) and the Singapore Institute of Directors (SID) to come up with a guide on how directors and investors should best conduct themselves during shareholder meetings here.
From November, small and medium enterprises (SMEs) will be able to instantly open business accounts online through OCBC Bank as the bank leverages Singapore's national data repository, MyInfo.
Aspial Corp is launching S$20.75 million in additional notes under its S$700 million multi-currency debt issuance programme at a coupon of 6.25 per cent following interest from its investors.
Deliveroo this week launched Deliveroo Plus in Singapore, a new service that lets customers pay S$10.90 monthly to enjoy unlimited free delivery and exclusive discounts.
A wholly owned subsidiary of mainboard-listed Serial System, Serial Microelectronics, will have its distribution agreement with major supplier Texas Instruments (TI) terminated on Dec 31, 2018, Serial System announced late on Tuesday.
The STI Today
Singapore shares closed higher on Wednesday, with the Straits Times Index up 0.8 per cent or 24.75 points to close at 3,267.4.