Daily Debrief: What Happened Today

Stories you might have missed

Talent shortage in Singapore biotech to grow almost 30% in next 10 years: SGInnovate

THE shortage of biotech talent in Singapore is set to widen by 29.2 per cent over the next decade as the sector expands, according to a report released by deep tech investor SGInnovate on Monday (Dec 19).

Gojek to raise service fee for Singapore drivers from February 2023

DRIVERS on ride-hailing service Gojek in Singapore will see the service fee they pay for each trip increase to 15 per cent from February next year, up from the current 10 per cent.

Gold’s appeal rises as global economy wobbles, but expect volatility

THE price of gold is expected to trend upwards next year, in spite of rising interest rates that would typically send investors towards higher-yielding investments. Market watchers said global risks could create more demand for the precious metal.

Keppel Corp to acquire Seoul office building for 220b won

KEPPEL Corporation is acquiring a freehold 15-storey office tower in Seoul, South Korea, for a purchase price of 220 billion won (S$228.7 million) from Hana Alternative Assets Management, a fund of Hana Financial Group.

Trader charged, sentenced for offences under Securities and Futures Act

USING multiple trading accounts, Kenneth Goh Jia Poh repeatedly entered and deleted buy orders for multiple securities for which he had no intention to fill, thereby inflating stock prices and profiting from the difference.

The STI today

Singapore shares begin week on a high, STI rises 0.5%

LOCAL stocks began the week on a slightly more upbeat note, as investors hunted for opportunities in the market despite the usual threats of inflation, interest rates and a looming recession.