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Daily Debrief: What Happened Today

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Consumer prices in Singapore have officially fallen for a year and a half.

Singapore consumer prices fall for 18th month with April's 0.5% drop; core inflation up 0.8%

Consumer prices in Singapore have officially fallen for a year and a half.


SembMarine delivers record-large platform topsides for Norway

The largest North Sea-class production platform topsides to be delivered from Sembcorp Marine (SembMarine) in Singapore is ready to sail away for Norwegian oil exploration and development company Det Norske's Ivar Aasen oilfield development.


DBS partners SGX to digitalise trading account application

DBS Bank is tying up with the Singapore Exchange on a new digital application process for customers to start trading accounts and link it with their CDP accounts.


CapitaLand Commercial Trust to buy remaining 60% of CapitaGreen for S$393m

The total outlay, which will be funded through borrowings from committed bank facilities, comprises a purchase consideration of S$183.4 million and S$198.5 million of existing unitholders' loans and accrued interest and acquisition-related expenses.


Singapore govt to call for S$2.82b of ICT tenders in FY16: IDA

IDA, or the soon-to-be-formed Government Technology Agency (GovTech), said these ICT tenders are aimed at enhancing the quality of citizens' lives and make business transactions with the government easier.


Memstar in talks to try to recover US$5m deposit from failed RTO deal

Memstar said on April 7 that it had terminated a planned RTO that would have injected the assets of Longmen Group into Memstar amid concerns that Longmen and its vendors were facing fund-raising challenges.


Corporate Earnings


The STI Today

Singapore shares close higher for the day

Singapore stocks ended 0.1 per cent higher on Monday, with the Straits Times Index advancing 3.11 points to 2,766.93.