Singapore

Grab buys robo-advisory startup Bento

It will be rebranded as GrabInvest to offer cash management solutions.

Grab buys robo-advisory startup Bento

It will be rebranded as GrabInvest to offer cash management solutions.

January PMI up 0.2 points to 50.2

New orders, new exports, output, inventory and finished goods continued to improve.

Temasek's Accuron Technologies invests in UK-based additive manufacturing firm

WAAM3D’s technology will be rolled out into the aerospace and energy industries.

Daily Markets Briefing: STI down 1.19%

DBS saw the sharpest decline amongst top active stocks with a 1.85% fall.

Robotisation could boost economy by $100b in 2030

This GDP growth comes with a high robotisation rate of 44%, according to Oxford Economics.

Aqua Munda extends submission of bids for Hyflux's creditors to 22 February

The resignation of WongPartnership as Hyflux’s counsel prompted the extension.

Singaporeans show low level of enthusiasm at work

The city fell behind India, Thailand and Hong Kong in terms of employee engagement.

Business conditions in services sector to get worse in H1 2020: survey

Accommodation, retail and F&B industries are expecting lower demand.

Grab co-founder and SEA Group CEO appointed as EDB board members

Their appointment has been effective starting 1 February.

Coronavirus outbreak to drag on Singapore banks' loan growth and earnings

Asset quality could weaken if the outbreak would continue to persist in the coming months.

Ascendas REIT's NPI up 8.5% to $182.3m in Q3

Its logistics assets in the UK led has the most contributions.

Tokio Marine Life Insurance floats coronavirus financial aid

Policyholders with in-force individual life policies can obtain a lump sum of $5,000.

Sembmarine unit's ex-president charged with money laundering in Brazil

This was related to drilling rig contracts entered with Sete Brasil in 2012.

49% of office workers say getting a pay rise is their top career goal for 2020

Upskilling and happiness at work rounded up the top three goals for Singaporeans.

Chart of the Day: Manufacturing sector headcounts dropped by 3,000 in 2019

Employment figures fell in tandem with the sector’s GDP.