Daily Debrief: What Happened Today (Aug 28)
Stories you might have missed
In Singapore, the three digital banks are offering credit cards, moving the focus from merely gaining customers to acquiring their everyday spending data. Minister Indranee Rajah emphasized the need for boards to reassess their approach, while still adhering to traditional governance principles. Aster, an oil refiner, has acquired a stake in Changi Airport Fuel Hydrant Installation, marking the third Singapore acquisition for Chandra Asri in under a year.
GuocoLand, a property developer, reported a 70% drop in net profit to S$9.8 million for the second half of 2023, compared to S$32.4 million for the same period last year. The Institute of Singapore Chartered Accountants announced that over 15,000 accountants and finance professionals had signed up for its AI training program within two months of its launch.
Sembcorp Industries plans to offer its Indian renewable energy unit for an initial public offering, potentially boosting the Singapore-listed parent company's valuation by up to 10%.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
