Daily Debrief: What Happened Today (Dec 3)

Stories you might have missed

Asme launches programme to help SMEs form strategic partnerships; expands market access initiatives to Asia

[SINGAPORE] As part of its strategic priorities for 2026, the Association of Small and Medium Enterprises (Asme) has launched a programme that equips businesses with capabilities to engage in strategic alliances, and will expand its market access initiatives to Asia.

SCCCI proposes five Budget 2026 measures, including help for SMEs with costs and competitiveness

[SINGAPORE] The Singapore Chinese Chamber of Commerce & Industry (SCCCI) has put forward five recommendations for Budget 2026, ranging from measures to ease business costs to proposals that strengthen support for the internationalisation of small firms.

Grab-GoTo merger could be ‘colossal’ for Indonesia’s fintech hopefuls, say analysts

[SINGAPORE] Amid a leadership reset and Jakarta’s push for a golden share of a potential Grab-GoTo merger, a 3.1 trillion rupiah (S$241.8 million) fundraising bid by Grab-backed Superbank could prove most critical for a merged entity’s fintech ambitions.

Large-car COE premium down almost 5% at S$123,900; most categories dip

[SINGAPORE] In the first round of Certificates of Entitlement (COEs) in December, the premium for large cars was down 4.6 per cent or S$5,990 at S$123,900, as most other categories also posted decreases.

Malaysia’s ex-trade minister Tengku Zafrul appointed as Investment Development Authority chairman

[KUALA LUMPUR] Malaysia’s former minister of investment, trade and industry Tengku Zafrul Aziz has been appointed chairman of the Malaysia Investment Development Authority (Mida), effective Wednesday (Dec 3), following the end of his tenure as a senator.

Grab-Singtel’s GXS bank cuts about 10% of workforce as it moves on from early-stage operations

[SINGAPORE] Digital bank GXS is cutting 82 jobs or about 10 per cent of its workforce across the group.