Daily Debrief: What happened today
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Over S$470m in third round of rent support to be disbursed from Nov 26
More than 40,000 tenants and owner-occupiers will receive their third and final Rental Support Scheme (RSS) payout directly from the government, without going through their landlords, from Friday (Nov 26).
Elizabeth Towers up for collective sale with S$630m reserve price
Elizabeth Towers at Mount Elizabeth in Orchard Road has been put up for collective sale, with a reserve price of S$630 million.
SMEs in expansionary territory for third consecutive quarter: OCBC
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Local small and medium-sized enterprises (SME) have been expanding since the start of the year thanks to growing business digitalisation and adoption of e-commerce, OCBC reported.
StarHub to drive growth through bundled services, digitalisation of operations
A shift towards "Infinity Play" products and the digitalisation of its operations are expected to drive StarHub's cost savings and gross profit growth in the coming years, the telco's management said at a briefing on Monday (Nov 22).
Temasek-founded Trustana launches programme for F&B SMEs to tap S$4.5t global market
Temasek-founded Trustana, a cross-border trade and sourcing platform, on Monday (Nov 22) launched its new Global Expansion Program which will enable small and medium-sized enterprises (SMEs) that supply and manufacture food and beverage (F&B) products in Singapore and China, to tap an international market worth over S$4.5 trillion.
TiffinLabs hires more tech alumni, sees Malaysia as key growth market
Digital restaurant group TiffinLabs, founded by real estate magnate Kishin R.K., is beefing up its leadership ranks with tech and food and beverage (F&B) executives as it gears up for growth, particularly in Malaysia.
Singapore boosts supply chain resilience at ITAP 2021, A*Star invests S$18m
Singapore's manufacturing industry received a boost on Monday (Nov 22) with the government and corporates inking a slew of agreements to strengthen supply chains at the Industrial Transformation Asia-Pacific (ITAP) 2021.
The STI today
Singapore stocks begin week higher, STI inches up 0.2% Local shares began the week on a more upbeat showing, as Singapore further eased its Covid-19 restrictions related to dining and social gatherings amid an improvement in overall infection numbers.
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