Daily Debrief: What Happened Today

Stories you might have missed

New training schemes to grow pool of supply chain management professionals in Singapore

NEW training programmes and a reference guide for training providers aim to grow the pool of supply chain management (SCM) professionals in Singapore, supporting the country’s status as a regional supply chain hub.

From baseball to banking: companies race to invest in new wave of AI

WHAT does it take to win a baseball championship? It’s not just about having the best coaches and players anymore. Some teams, like the Texas Rangers Baseball Club in the US, are turning to artificial intelligence (AI) to gain an edge.

Sluggish loan growth, economic uncertainties cloud Singapore’s banking prospects: RHB

RHB Research has cut its weighting for the banking sector to “neutral” from “overweight” as it foresees waning business and consumer sentiment, along with low demand for credit, to partially offset still-healthy net interest margins (NIMs) of Singapore’s banks.

EC World Reit to extend deadline for divestment of two China logistics assets

THE manager of EC World Real Estate Investment Trust (EC World Reit) said it has entered into a supplementary agreement to amend the terms of the divestment of its two logistics assets in Zhejiang, China.

Post-pandemic, connectivity and compact homes ensure quality offices and malls maintain relevance

OFFICE buildings in many cities are struggling. As remote working gets entrenched, demand for office space has shrunk.

Corporate Earnings

• Dasin Retail Trust reports H2 net loss of S$221.5 million

The STI today

STI posts modest 0.3% gain as caution persists

SINGAPORE shares eked out modest gains to start the week amid a mixed showing by regional peers after latest data from China pointed to a deepening slowdown in the world’s second-largest economic slowdown.