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Tue, November 03, 2020 – 6:30 pm
Stories that you may have missed
Re-Align Framework addresses the power imbalance faced by small microenterprises
As Singapore moves towards recovery, companies should be able to reallocate resources to more productive uses, “instead of being caught in a protracted, painful and unproductive struggle, when business circumstances and assumptions have clearly changed,” said the Second Minister of Law, Edwin Tong in Parliament.
NWC Doesn’t Expect All Employers To Cut Wages Over The Next 12 Months: Josephine Teo
ELLA said that not all employers will need to cut wages, as some have not seen a reduction in demand, while others have already adjusted wage levels or non-wage costs in line with previous guidelines issued in March.
The construction industry has more time and help to share the load across the value chain.
The NEW proposed measures, including a universal four-month extension for construction contracts, aim to provide support so that no part of the built environment sector “has to bear a disproportionate share of the burden caused by the pandemic,” said El National Development Minister Desmond Lee in Parliament.
Temasek and Heritas Capital invest in China’s agri-food technology fund by Bits x Bites
CHINO venture capital Bits x Bites has achieved the first closing of $ 30 million of its new $ 70 million fund to develop agri-food technology in China.
ARA Logos raises around S $ 50 million in private placement
ARA Logos Logistics Trust has raised around S $ 50 million from its private placement to partially finance its proposed acquisition of five Australian properties and investment in two of the sponsor’s funds.
Corporate earnings
ITS today
STI rises 2.21% to 2,497.22 points on the eve of the US presidential election.
The benchmark Straits Times Index ended the day up 54.09 points or 2.21 percent to 2,497.22, with its 30 stocks in positive territory.
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