Daily Debrief: What Happened Today (Aug 1)
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OCBC trims full-year NIM guidance; Q2 profit slips 7% to S$1.82 billion
THE lender declares an interim dividend of S$0.41 per share, in line with its 50% interim payout policy.
Most Asean nations get softer US tariffs to cushion growth risks ahead of Aug 7 hikes
BUT the 40% tariff on transshipped goods now applies beyond Vietnam.
Insurers responsible for 94% of workplace injury claim payouts: MOM
INVESTIGATIONs ongoing for alleged fraud flagged by Sumo Salad’s late owner, Jane Lee.
Automotive distributor Cycle & Carriage Singapore suffers data breach; 147,000 records stolen
SOME personal information leaked, but not banking or credit card details.
SURVIVAL hinges on flexible leasing, strategic locations and alternative formats, analysts say.
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TRENDING NOW
Singapore households’ net wealth up, but also taking on more debt such as home loans
With new S$10 million HQ, Jumbo Group looks to Shanghai-focused China strategy, premium dining for growth
Up to 11 new condo projects with 3,550 units lined up for H2 launch as price ceilings emerge
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
