Daily Debrief: What Happened Today

Singapore court gives green light for Swiber to be placed under JM

The Singapore High Court on Thursday granted the application to place ailing offshore firm Swiber Holdings and its unit Swiber Offshore Construction under judicial management (JM).

HDB resale transactions down in Sept m-o-m but prices up 0.1%: SRX

The volume of HDB resale transactions in September 2016 contracted 11.3 per cent to 1,666 resale flats from 1,879 flats in the preceding month.

3-month Sibor finally cracks under ample liquidity, falls to 0.871%, the low for the year

The three-month key Sibor or Singapore interbank offered rate has finally cracked, weighed down by domestic liquidity; it fell to the year's low on Thursday to 0.87067 per cent from 0.87242 per cent on Wednesday.

NTUC Income introduces telematics-based motor insurance schemes

Market leader NTUC Income is using technology to transmit driving behaviour and reward good drivers with a discount on motor insurance premiums.

SIA signs codeshare deal with Air Mauritius

Singapore Airlines (SIA) and Air Mauritius have inked a codeshare agreement, giving passengers more choice when flying to Mauritius.

PUB seeks proposals for R&D water projects

Singapore water agency PUB said it has launched a request for proposals for basic and applied research and development projects in the water industry.

UOL, UIC buy Raintree Gardens en-bloc for S$334.2m

Property developer UOL Group said associate company UVD (Projects) Pte Ltd has bought the Raintree Gardens residential development at Potong Pasir Avenue 1 for S$334.2 million after an en-bloc tender.

The STI Today

Singapore shares close higher; Noble, O&G and healthcare in heavy play

Singapore stocks finished higher on Thursday, where the Straits Times Index (STI) rose 3.43 points to 2,885.22.