Daily Debrief: What Happened Today

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Singapore startups get a boost with EnterpriseSG’s new Global Innovation Alliance node in New York

SINGAPORE startups hoping to expand in the US can now tap the Global Innovation Alliance (GIA) node, which has been extended to New York City, Enterprise Singapore (EnterpriseSG) said on Wednesday (Oct 11).

Heartland businesses go cashless, but teething problems remain

ELECTRONIC payments were slow to take off among small heartland retailers, but after a Covid-era government drive, 93 per cent of heartland enterprises had adopted these by end-2022.

Bank of Singapore aims to be major player for financial intermediaries in Asia

BANK of Singapore (BOS) wants to be among the biggest players for financial intermediaries in Asia, particularly as it sees strong growth in the single family offices (SFOs) and financial intermediaries space, said chief executive officer Jason Moo.

Amazon and Nanyang Polytechnic partner to support Singaporean entrepreneurs and SMEs in expanding overseas

AMAZON Global Selling on Wednesday (Oct 11) inked a new agreement with Nanyang Polytechnic’s Singapore Institute of Retail Studies (NYP-SIRS) that will benefit around 800 Singaporean entrepreneurs and small and medium-sized enterprises (SMEs).

Singapore stocks close lower on Wednesday, STI down 0.2%

LOCAL shares fell on Wednesday (Oct 11) as trader behaviour in the stock markets reflected cautious sentiments. This contrasted with the regional rally, which came after reports of a dovish shift in tone from US Federal Reserve officials on interest rate hikes.