Daily Debrief: What Happened Today

Stories you might have missed

Singapore SMEs to get extra boost to send workers for training

MORE help is on the way to encourage firms to send workers for training, said Senior Minister of State for Trade and Industry Koh Poh Koon during a visit to Singapore medtech manufacturing firm Racer Technology on Monday morning.

Ex-Citibank Singapore CEO Han Kwee Juan joining DBS as group head of strategy and planning

MR HAN will report to CEO Piyush Gupta and be a member of the group management committee.

UOB sued by former London branch employee for race discrimination

DANIEL Smith, who worked at Singapore's third-largest bank for 23 years, said a manager told him that a candidate from South-east Asia was a better "fit" for a role.

Broker's take: OCBC downgrades First Reit to 'sell' on concerns of valuation and sponsor

OCBC Investment Research has downgraded First Reit from "hold" to "sell" as valuations are still not compelling, and concerns over the Reit's (real estate investment trust) main revenue contributor and sponsor remain.

Yoma Strategic buying Myanmar restaurant chain Yankin Kyay Oh for 19.4b kyat

The amount, to be funded by internal resources and recent financing activities, took into account the current and projected earnings of YKKO as at Sept 30, 2018.

Corporate earnings

The STI today

Singapore shares climb 0.1% on Monday

SINGAPORE shares regained their footing to climb higher on Monday, with the Straits Times Index gaining 0.13 per cent or 4.23 points to 3,206.27.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes