Daily Debrief: What Happened Today
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F&B sector continues to see brisk entries despite challenges
BUT observers are questioning if that is an effective use of resources, given the low productivity in the sector.
Grab services disrupted in Singapore and other key South-east Asian markets
IT also warned drivers on its platform that they might encounter issues with receiving and completing job orders.
Cuscaden wants both scheme meetings on proposed SPH privatisation to be held at same time
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THE consortium said that is the only fair and appropriate procedure - to put the two schemes together side by side, to be decided upon by shareholders at the same meeting at the same time, not 8 weeks later.
B2B marketplace Ula secures extra US$23.1m in Series B funding
ULA will use the funds for geographic, product and team expansion, focusing its efforts on retailers in tier 2 to tier 4 cities.
SIA's 737-8 aircraft to progressively return to service following S$230m cabin upgrades
SIX of its 737-8 aircraft have been retrofitted with the latest cabin products and will gradually enter into service on short to medium-haul flights across the airline's network in the coming weeks.
Duo behind Eagle Hospitality Trust found in contempt of preliminary injunction
THE US Bankruptcy Court for the District of Delaware has found Howard Wu and Taylor Woods to be in contempt of a preliminary injunction, and will convene a hearing on Friday (Nov 19) to consider sanctions - including whether to place the duo in custody.
The STI today
Singapore shares ends nearly flat, STI down 0.05%
THE Straits Times Index (STI) closed at 3,238.80 points, down 0.05 per cent or 1.78 points.
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