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Mon, October 19, 2020 – 6:30 pm
Stories that you may have missed
Singapore ‘Fires Full Speed’ to Attract Multinationals abilities can be acquired over time: Chan
ATTRACTING the global heavyweights remains a key aspect of Singapore’s strategy to create more jobs and keep the labor market tight, even where the Republic currently does not have all the necessary capabilities, the Trade Minister said on Monday. and Industry, Chan Chun Sing.
More than S $ 5.5 billion in Employment Support Program payments to be disbursed starting October 29
MORE than S $ 5.5 billion in payments under the Employment Support Program (JSS) will be disbursed to more than 140,000 employers beginning October 29, to subsidize the June-August wages of approximately 1.9 million local employees.
SingPost to purchase a stake in an Australian one-quarter logistics services company for A $ 85 million
POSTAL Singapore Post (SingPost) service provider is seeking to purchase a 38% stake in Freight Management Holdings (FMH), a fourth-party logistics services company (4PL) incorporated in Victoria, Australia for AU $ 85 million ( S $ 84.1 million) in cash.
Biolidics Issues Demand Letter to Biochip Partner Sysmex on Intellectual Property Issues
BIOLIDICS has issued a demand letter to Japan-based healthcare group Sysmex Corporation, saying that Sysmex violated intellectual property obligations under a collaboration agreement reached in 2016 for the joint development of biochips.
Maybank Kim Eng Stays Negative on Singapore Banks
MAYBANK Kim Eng (MKE) has maintained its negative outlook on Singapore banks for the third quarter of this year, saying that it expects net interest margins (NIMs) to remain weak ahead of the third quarter trade updates by the trio of local moneylenders in early November.
The use of banks for financing is relatively limited among young people in Singapore
The use of banks as a source of funding remains relatively limited among Singaporean youth, who chose banks as their fourth source of funding, after their own savings, family and friends, and government support, a survey showed of young people from Asean.
ITS today
STI starts the week with gains of 0.42% at 2.543.57
THE STI started the week up 10.55 points or 0.42 percent to 2,543.57 points.
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