Daily Debrief: What Happened Today

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Singapore, Vietnam can deepen ties in innovation, energy connectivity, sustainability: Tan See Leng

INNOVATION, energy connectivity and sustainability are three areas in which Singapore and Vietnam can work together to seize opportunities of the next decade and further deepen bilateral cooperation, said Second Minister for Trade and Industry Tan See Leng in Vietnam on Friday (Jul 7).

EMA to issue grants for energy storage system proposals

SINGAPORE’S Energy Market Authority (EMA) is seeking proposals that drive the research and development of energy storage systems (ESS).

Shutting startups down: When to pull the plug?

IT IS a sorry fact of the startup life that 90 per cent of startups will fail, with 10 per cent dropping out in the first year. Failure to launch is not in the least uncommon. But in a hostile macroeconomic climate with the massive funding boom of the last five years burning out, fortune may not favour the bold.

Lawrence Wong to replace Tharman as chairman of EDB’s International Advisory Council

DEPUTY Prime Minister Lawrence Wong will replace Tharman Shanmugaratnam as chairman of the International Advisory Council (IAC) of the Singapore Economic Development Board (EDB) with effect from Saturday (Jul 8).

Singapore’s first electric pickup truck to debut in Q4 2023

CHINESE carmaker Maxus will launch its T90 pickup truck in Singapore in the fourth quarter of the year. This will make it the first fully-electric pickup to be sold by an authorised dealer, since the vehicle is currently available through parallel importers.

The STI today

Singapore, regional equities follow Wall Street lower; STI down 0.4%

THE Straits Times Index (STI) fell 0.4 per cent or 10.96 points to close at 3,139.47 on Friday (Jul 7), after the US posted stronger-than-expected economic data overnight.