Daily Debrief: What Happened Today
Stories you might have missed
NTUC Job Security Council matches PMEs to new jobs ahead of displacement
THE labour movement is piloting an initiative to match soon-to-be-displaced white-collared workers with new jobs in a bid to reduce the duration of unemployment.
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
Singapore factory output posts surprise 3.4% rise in January - but can the lift last?
DESPITE an earlier Chinese New Year holiday, industrial production rose by 3.4 per cent year on year, confounding the expectations of a 5.8 per cent drop from economists in a Bloomberg poll.
DBS nudges firms to go digital in second wave of Covid-19 relief measures
THESE measures include financial relief packages and digital initiatives for companies to fast-track their digital adoption to carry out transactions online instead of relying on physical processes.
CapitaLand senior management, board members to take pay cut amid virus outbreak
BOARD members and senior management will take a 5 per cent to 15 per cent reduction in their board fee and base salary, with effect from April 1.
CAD not taking further action on China Environment ex-chairman
THIS is due to insufficient evidence of a criminal offence committed in Singapore, the provider of waste gas treatment systems disclosed in a regulatory update on Wednesday.
Corporate earnings
The STI today
Singapore shares slide 1.3% after US warns of sustained Covid-19 spread
THE Straits Times Index (STI) closed 40.72 points or 1.3 per cent lower at 3,117.52.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Canada exploring higher tariffs on China electric vehicles: trade minister
Attacker of former US speaker Nancy Pelosi’s husband jailed for 30 years
US, TikTok seek fast-track schedule, ruling by Dec 6 on potential ban
Higher US food prices lead to a shift in shopping habits
Indian spice trade group fears plunge in exports due to ETO pesticide scrutiny
Abu Dhabi’s US$302 billion fund deepens AI and private credit push