Daily Debrief: What Happened Today
Stories you might have missed
Singapore bond prices hit new highs
Prices of Singapore dollar bonds continue to rise, hitting new highs, powered by a lack of supply.
Keppel Corp to sell entire 49.99% stake in GE Keppel for S$24.6m
Keppel Corporation has agreed to sell its entire stake in GE Keppel Energy Services to GE Singapore of General Electric for S$24.6 million by February, it said in a filing on Friday afternoon.
Temasek fund invests US$800m in Alphabet subsidiary
Singapore-based sovereign fund Temasek will invest US$800 million in Verily, the Alphabet subsidiary focused on healthcare announced on Thursday.
Sabana Reit issues 2.58m units to manager as 80% of Q4 base management fee
Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) on Friday issued 2.58 million units, worth about S$1.03 million, to its manager to cover 80 per cent of the base management fee for the fourth quarter ended Dec 31, 2016.
Sin Heng Heavy Machinery expects net loss in second quarter
The board of lifting service provider Sin Heng Heavy Machinery said on Friday the group is expected to record a net loss for its second quarter ended Dec 31, 2016, mainly due to unrealised fair value loss on forward currency contracts.
The STI Today
Singapore shares finish higher, STI now +6.4% for 2017
New US president Donald Trump's actions continued to dominate headlines this week, even if it now appears very likely that his "America First" campaign slogan will translate to protectionist trade practices and greater insularity that could damage the global economy.
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Economy & Policy
NTUC aims to do more to support PMEs, who now account for nearly half its membership
Daily Debrief: What Happened Today (Apr 25)
Singapore’s inflation eases more than expected in March, with headline inflation at 2.5-year low
8 in 10 firms in S-E Asia, Greater China positive about business environment: UOB survey
Flexi-work request guidelines not meant to prescribe blanket outcomes for employers or influence hiring of workforce: SNEF
Daily Debrief: What Happened Today (Apr 23)