Daily Debrief: What Happened Today (Nov 5)

Stories you might have missed

Singapore retail sales up 2% in September, propped up by strong motor sales

PROPPED up by strong motor sales, Singapore’s retail sales grew 2 per cent year on year in September – extending the revised 0.7 per cent growth posted in the month before.

Stamford Tyres chairman Sam Chong Keen steps down amid board reshuffle

SAM Chong Keen, chairman of the board of Stamford Tyres has stepped down, with two individuals appointed to new positions on the company’s board of directors.

CapitaLand Investment raises S$261 million for South-east Asia, India private funds

CAPITALAND Investment has secured a S$261 million capital commitment from Mitsui OSK Lines for its South-east Asia and India private funds.

Revenue for South-east Asia’s digital economy to hit US$122 billion in 2024; profitability an increasing focus

SOUTH-EAST Asia’s digital economy – comprising digital financial services, e-commerce, travel, online media, food and transport – will be worth US$122 billion in 2024, indicated the e-Conomy SEA 2024 report by Bain, Google and Temasek.

Chinese group accused of hacking Singtel in telecom attacks

Singapore’s largest mobile carrier Singtel was breached by Chinese state-sponsored hackers this summer as part of a broader campaign against telecommunications companies and other critical infrastructure operators around the world, according to two sources familiar with the matter.

Singapore stocks up ahead of US polls; STI continues edging up

THE Straits Times Index edged up on Tuesday (Nov 5), as regional indices closed up ahead of Americans going to the polls to elect their 47th president.