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Daily Debrief: What Happened Today
Consumer prices in Singapore have officially fallen for a year and a half.
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 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.
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.
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 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.
The STI Today
Singapore stocks ended 0.1 per cent higher on Monday, with the Straits Times Index advancing 3.11 points to 2,766.93.