Daily Debrief: What Happened Today

Published Thu, Mar 25, 2021 · 06:30 PM

Stories you might have missed

CIMB Singapore lays off staff following restructuring exercise; Orchard branch to close

THIS comes as the bank revises its strategy to emphasise on sustainable growth, in line with the group's vision to be a "leading focused Asean bank".


Swire Properties sells all 20 units of Eden for about S$300m

ALL 20 apartments in the project are four-bedroom units of 3,035 square feet, each of them occupying the entire floor from levels three to 22 of the project.


Fintech firm #dltledgers bags US$7m Series A funding round

THE funding round was led by Regis and Savoy Capital, Vittal, Walden International and various other veteran industry leaders, and will be used to support #dltledgers' geoexpansion and plans to scale the business.


Khong Guan investment in SGProtein is part of S$4m seed round for foodtech startup

SGPROTEIN, a Singapore-based startup which manufactures plant-based meat, has raised S$4 million in a seed round led by biscuit maker Khong Guan, in the latest instance of a traditional food-and-beverage company getting on the foodtech bandwagon.


DBS offers complimentary Covid-19 vaccine insurance

COVID-19 Vaccine Protect will extend S$100 per day for up to 14 days of hospital confinement and a lump sum payout of S$1,000 for ICU confinement in case of either complications arising from vaccinations or contraction of the virus.


The STI today

Singapore shares rise on Thursday; STI up 0.3%

LOCAL stocks ended Thursday in the black, with the benchmark Straits Times Index (STI) rising 0.3 per cent or 8.4 points to close at 3,141.71.  

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