Daily Debrief: What Happened Today

Published Fri, May 21, 2021 · 10:30 AM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

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Additional S$27m set aside for Covid-19 Driver Relief Fund in Singapore

THIS is in addition to the S$188 million previously committed for CDRF payments from January to June 2021, said the Land Transport Authority (LTA) in a statement on Friday.

Restaurant, nightlife associations call for rental, food delivery commission relief

THEY are asking for commission rebates or waivers of 50 per cent from food delivery platforms, and rental rebates or waivers of 100 per cent, according to open letters published on social media on May 16.

Enviro-Hub acquires remaining 75% stake in Pastel Gloves

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UNDER the terms of the deal, Enviro-Hub will pay a cash consideration of S$23.4 million and issue 292.5 million new shares at a pre-determined price of S$0.08 apiece, which amounts to a total value of S$23.4 million.

Singapore, Japan renew bilateral financial cooperation arrangement

UNDER the terms of the agreement, the Republic can swap Singapore dollars for up to US$3 billion or its equivalent in Japanese yen from Japan and Japan can swap Japanese yen for up to US$1 billion from Singapore.

Food manufacturer OTS Holdings to raise funds in Catalist listing

IT plans to use proceeds from the IPO to improve and expand production efficiency and capacities through the acquisition of new machineries and equipment.

Corporate earnings