Daily Debrief: What Happened Today
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SPH open to considering all offers that are better than Keppel's: CEO
IN the event that there is a better offer, chief executive officer Ng Yat Chung said the SPH board would go into the upcoming scheme meeting with the appropriate recommendations and would not be obligated to recommend Keppel's offer.
South-east Asia's digital economy to top US$175b in 2021 despite pandemic: report
THE value of online transactions - or gross merchandise value (GMV) - in areas from online commerce to food delivery is targetted to reach US$360 billion by 2025 and hit US$1 trillion by 2030, powered by a growing population of smartphone users.
Asean fintech funding hits record high of US$3.5b for 9M 2021: report
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167 deals, including 13 mega-rounds or funding rounds of over US$100 million, accounted for US$2 billion or 57.1 per cent of total funding.
Singapore-based startups raise S$11.2b in 9M 2021, more than double the whole of 2020
SINGAPORE remained the top destination in South-east Asia for startup investments in the first 9 months of this year, generating more than half of the total deal quantum in the region.
Crypto exchange Huobi Global to close Singapore accounts by end-March 2022
IT also advised Singapore-based users to "take immediate action" to close out their active positions and withdraw all digital assets before Mar 31.
Labcorp launches bioanalytical lab in Singapore, expands headcount by 25%
THE company's latest investment will add about 90 research and engineering jobs to its 350-strong team in Singapore.
Corporate earnings
- Valuetronics H1 profit drops 38.1% to HK$56.6m amid global electronic components shortage
- PropNex net profit rises 113.2% in Q3
The STI today
STI extends losses, falls 0.37% as it takes cue from Wall Street's overnight losses
THE key Straits Times Index (STI) fell 12.10 points or 0.37 per cent to 3,231.32.
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