Daily Briefing: Singtel to nab $2.47b stakes in Intouch, Bharti; Singapore exports plunge in July

And here’s why it’s prime time to start a business.

Singapore Telecommunications Ltd. has agreed to buy stakes in the two largest telecommunications firms in Thailand and India from state investment company Temasek Holdings Pte. Ltd. for 2.47 billion Singapore dollars (US$1.84 billion). Read more here.

Singapore exports fell more than expected in July from the previous year on softer US and Chinese demand, the government said Wednesday, giving further credence to an economic slowdown this year. Read more here.

With so many Singapore start-ups in the news these days, you might be thinking of carving a name out for yourself by starting your own business. If you are currently still studying in university, here are seven reasons why you should start your business today. Read more here.