Daily Debrief: What Happened Today
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Singapore visitor numbers slip in January despite rise in Indian travellers
SOME 23,150 visitors showed up in January, according to Singapore Tourism Board (STB) data - down by 98.6 per cent on the 1.69 million guests in the year-ago period.
Singapore bank lending up 0.7% in January: MAS data
SINGAPORE'S bank lending rose for the third straight month in January on higher loans to businesses, data from the Monetary Authority of Singapore (MAS) showed on Monday.
DBS appoints Raof Latiff as new Malaysia country head
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RAOF Latiff, presently group head of digital for institutional banking and group head of global transaction services product management, will take over Jeffrey Ling from June 1, 2021.
Nanofilm to benefit from increased interest in electric vehicles
NANOFILM Technologies is working towards anchoring its presence in the electric vehicle space through its surface solutions for fuel cells.
Asia-Pacific retailers bounce back from pandemic with new growth plans
THE pandemic has been a tough challenge for retail globally, but retailers in the Asia-Pacific are coming back stronger with plans to expand by adapting to new consumer behaviours and the online economy.
Corporate earnings
- Medtecs full-year profit surges to US$131.7m on economies of scale, higher sales
- Q&M Dental posts 10% rise in FY2020 profit, declares 2.5 S cents special dividend
- Golden Energy and Resources posts 18.7% drop in FY2020 earnings after acquisitions
The STI today
New vaccine, lower yields give equities a shot in arm
SINGAPORE'S blue-chip barometer the Straits Times Index (STI) closed Monday's trading at 2,973, up 0.81 per cent or 23.96 points.
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