Daily Debrief: What Happened Today

Stories you might have missed

ComfortDelGro JV wins contract to operate rail services in Auckland

MAINBOARD-LISTED ComfortDelGro Corporation has been awarded a contract worth S$1.13 billion to operate rail services in Auckland, New Zealand.

Singapore's services industries' takings up 16.6% in Q2 to pre-pandemic levels

ON a quarter-to-quarter non-seasonally adjusted basis, business receipts were up 1.9 per cent.

Government studying roll-out of CAYE Medisave scheme to private sector: Tan See Leng

UNDER the Contribute-As-You-Earn scheme, self-employed persons (SEPs) who provide services directly to the public sector are able to have their Medisave contributions transferred by the government, as and when they earn such income.

Asia-Pac M&As hit all-time high in H1 2021 fuelled by tech sector

M&A values targeting the region rose to US$535 billion, compared with US$284 billion from the same period a year earlier, while cross-border transactions have also increased by almost three times year on year to US$159 billion.

F&B software startup Momos raises US$6.5m seed funds from Sequoia, Alpha Wave

FOUNDED by ex-Grab, Uber, Microsoft, and Intuit executives, Momos provides a unified interface for restaurants to work across the food delivery platforms and social media.

UOB aims to double wealth-fee income from Asia's HNW segment in 5 years, launch private wealth arm

TO grow its HNW client base across the region, it will establish a private wealth arm to develop "progressive" products and services to meet the needs of these clients.

The STI today

STI down 0.92% on Friday, 0.71% lower for the week

THE STI shed 0.92 per cent or 28.65 points to 3,080.77 points on Friday, and was 0.71 per cent down for the week.