Morning Minutes: What will make headlines, Feb 25, 2016

The BASH startup facility is located at Block 79 JTC LaunchPad @ one-north.
The BASH startup facility is located at Block 79 JTC LaunchPad @ one-north.PHOTO: BASH

Good morning! Morning Minutes is a round-up of stories that will break on Thursday, Feb 25, and which we think you'd be interested in.

It appears on weekdays, available by 7am.

BASH CELEBRATES FIRST-YEAR ANNIVERSARY

The venture arm of the Infocomm Development Authority of Singapore will sign new agreements with industry partners today (Feb 25). Infocomm Investments will ink the partnerships at an event to celebrate the first-year anniversary of BASH (Build Amazing Startups Here) –  a startup facility located at Block 79 JTC LaunchPad @ one-north. BASH spans more than 25,000 square feet on Level 3 of Block 79. There will also be panels and discussions at the event.

NOBLE GROUP RELEASES 2015 RESULTS


Company logo of the Singapore-listed Noble Group. PHOTO: REUTERS

Noble Group will unveil its fourth-quarter and full-year results to Dec 31 today. The commodity trader on Tuesday (Feb 23) flagged that it will chalk up a net loss, following a massive $1.7 billion write-down to reflect a sustained period of low prices in its coal portfolio.

AUSTRALIA SET TO BOOST DEFENCE SPENDING


Australian Prime Minister Malcolm Turnbull. PHOTO: AFP

Australia will today unveil a long-awaited Defence White Paper, which ABC News reported will outline $30 billion of additional spending over the next 10 years, and also focus on strategic concerns linked to China's rapid military expansion. Prime Minister Malcolm Turnbull said the government is committed to a pledge by previous leader Tony Abbott to increase defence spending to two per cent of gross domestic product by 2023.