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Daily Debrief: What Happened Today
A Temasek Holdings-owned fund of private equity funds is offering a new kind of bond that could eventually pave the way for retail investors to access to the asset class.
The Monetary Authority of Singapore (MAS) has launched a public consultation for proposed guidelines on a "regulatory sandbox" that will enable financial institutions as well as non-financial players to experiment with financial technology (fintech) solutions.
This marks the largest single-tower real estate transaction in Asia-Pacific to date, and the second largest single-tower real estate transaction globally.
Prime Minister Lee Hsien Loong will make a three-day official visit to Myanmar from Tuesday to Thursday, at the invitation of Myanmar President Htin Kyaw.
After serving only a handful of customers in five hours on a recent weekday, Sam Goh said he was worried the sportswear shop he manages, LIV ACTIV, will eventually join other brands in leaving Singapore's Orchard Road shopping boulevard.
Shares of commodity trader Noble Group fell further in trading on Monday, after it announced a US$500 million one-for-one rights issue last week.
Underwater World Singapore will shutter its doors with its last day being June 26, after 25 years of operation, it said on Monday.
The STI Today
Share prices in the local bourse ended higher on Monday with the key Straits Times Index up 22.05 points or 0.8 per cent at 2,831.28.