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Daily Debrief: What Happened Today
Certificate of Entitlement (COE) premiums for passenger cars were all lower for the second bidding exercise in September, as the gloomy economy weighed on new-vehicle purchases.
Singapore has turned up as the top destination for expatriates in terms of career progression, financial wellbeing and quality of life, according to an HSBC survey.
Customer satisfaction in Singapore's air transport, land transport and public education sectors increased year on year in the second quarter of 2016, according to the latest Customer Satisfaction Index of Singapore.
Singapore-based hedge funds outperformed Asian rivals during the first seven months of the year thanks to a greater focus on India and global markets, according to data provider Eurekahedge Pte Ltd.
Ocean Sky International proposes to acquire the remaining 70 per cent of Ang Tong Seng Brothers Enterprises Pte Ltd for S$22.8 million, with the purchase consideration to be satisfied by cash and new shares.
Singapore's industrial developer JTC will deploy a robot in a trial to help look for architectural defects of an almost-completed project early next year, with the aim of replacing some aspects of human inspection in the near future.
The STI Today
An 80 point jump in the Dow futures contract, a 0.6 per cent rise in Hong Kong's Hang Seng Index and a firm opening Europe-wide on Wednesday suggested that markets were positioning themselves for a dovish US Federal Open Markets Committee meeting, but these developments failed to stir local blue chips into life - the Straits Times Index (STI) drifted within a narrow band before finishing a nett 3.95 points weaker at 2,850.74.