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Daily Debrief: What Happened Today
The COE quota shrinks for the second straight quarter, contracting 6.2 per cent to 24,234 for the November 2016 to January 2017 period.
Rentals as well as leasing volumes fell month-on-month (m-o-m) in September 2016 for both non-landed private homes and HDB flats, according to the latest flash estimates released by SRX Property on Wednesday morning.
Offshore services provider Swissco Holdings' shares have been suspended since Wednesday morning as the group works on a debt restructuring plan, it said in a Singapore Exchange filing.
Managers at Zurich-based Falcon brushed aside concerns raised by a number of bank employees, the Swiss regulator said.
Prime Minister Lee Hsien Loong spoke about how the shared outlook and ethos of Singapore and Australia that have led to a "deep friendship".
The tycoon behind a Singapore berth for mega-yachts is hoping hot towels and rice porridge breakfasts can lure Chinese tourists to marinas and leisure boats in European destinations like Venice, Ibiza and Cinque Terre.
- Top Glove raises dividend despite Q4 profit drop
- Lower occupancy hits Soilbuild Reit's Q3 DPU
- Duty Free International Q2 earnings shoot up 46% to RM13.8m
The STI Today
Wall Street's Tuesday blowout ensured a weak day for the local market on Wednesday with the Straits Times Index dropping 42.42 points or 1.5 per cent to 2,813.71 in relatively heavy volume of 2 billion units worth S$1.3 billion.