Daily Debrief: What Happened Today (Aug 29)

Stories you might have missed

EDB commits another S$32 million to drive corporate venturing, partnerships with startups

THE Singapore Economic Development Board is injecting S$32 million more over the next two years to expand its corporate venture programme.

Cordlife to resume cord-blood banking service ‘in controlled manner’ from Sep 15

EMBATTLED cord-blood bank Cordlife will be allowed to resume cord-blood banking services “in a controlled manner” from Sep 15, the Ministry of Health said on Thursday (Aug 29).

Trust Bank sees S$3 billion in deposits, ‘confident’ on break even in end-2025

CUSTOMER deposits at Trust Bank more than doubled to S$3 billion in the first half of 2024, from S$1.2 billion in the same period last year.

Singapore Exchange’s head of capital markets Matthew Song leaving bourse

Singapore Exchange’s head of capital markets, Matthew Song, is departing from the bourse, about a year after he took on the role following a revamp, according to people familiar with the matter.

Latest Singapore 6-month T-bill cut-off yield falls to 3.13%

THE cut-off yield on Singapore’s latest six-month Treasury bill dropped to 3.13 per cent, down from the 3.34 per cent offered in the previous six-month auction that closed on Aug 15.

Singapore shares gain on Thursday; STI up 0.4%

SINGAPORE equities gained on Thursday, as investors assessed chip giant Nvidia’s second-quarter revenue growth.