Daily Debrief: What Happened Today

Stories you might have missed

UOB sounds optimistic note; Q4 profit falls 32%

UOB, a strong player in the small and medium-sized enterprises space, does not see concentrated risks in its loan book, estimating credit costs for the year at 30-40 basis points.

Grab to add 350 jobs, partners government for talent development

GRAB expects to create around 350 new jobs in Singapore this year, the tech firm said on Thursday as it announced a partnership with the Infocomm Media Development Authority and Digital Industry Singapore to develop the local tech ecosystem.

Singapore unlikely to move out of Phase 3 soon: Janil

SINGAPORE is not expected to move out of Phase 3 "any time soon" said Senior Minister of State for Health Janil Puthucheary in Parliament on Thursday.

Aztech Global lodges preliminary prospectus for mainboard listing

AZTECH Group has lodged a preliminary prospectus for a mainboard listing of its technology unit, Aztech Global, on the Singapore Exchange, the conglomerate said on Wednesday.

Angliss Singapore sues ex-staff for misappropriating confidential information after joining competitor firm Indoguna

FOOD supplier Angliss Singapore is suing a former senior employee who allegedly misappropriated confidential information when he left the company for a competitor, resulting in the loss of a distributorship it had held for over 40 years.

South-east Asian air travel boom expected on low-cost carrier growth: Boeing

SOUTH-EAST Asian air passenger traffic will grow by 5.7 per cent a year until 2039, the second-fastest pace of expansion in the world, one industry report has said.

Corporate earnings

• OUE posts S$343.4m loss for FY2020

The STI today

Asian markets claw back losses after Fed eases fears of rate rise; STI up 1.7%

ASIAN markets clawed back Wednesday's losses on Thursday after the US Federal Reserve soothed investors' nerves by assuring that monetary policy would remain lower for longer.