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Daily Debrief: What Happened Today

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Thursday, February 23, 2017 - 18:30

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Singapore's January headline inflation climbed to 0.6 per cent year on year - in line with economists' expectations - due to a hike in the cost of oil-related items, a smaller drop in car prices, and higher services inflation.

Singapore's January inflation higher at 0.6%, in line with economists' expectations

Singapore's January headline inflation climbed to 0.6 per cent year on year - in line with economists' expectations - due to a hike in the cost of oil-related items, a smaller drop in car prices, and higher services inflation.


Singapore Changi Airport sees 8.2% jump in Jan passenger movements from a year ago

Singapore Changi Airport handled 5.26 million passenger movements in January 2017, up 8.2 per cent from a year ago.

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Homegrown industrial wastewater treatment firm De.mem to list in Australia

Singapore-based water company De.mem, provider of solutions for industrial wastewater treatment, will be listing on the Australian Stock Exchange (ASX) during the first quarter of this year.


SBF urges Asean members of WTO to join the Trade Facilitation Agreement

The Singapore Business Federation (SBF) has urged all World Trade Organisation (WTO) members, especially the Asean members, to come on board the Trade Facilitation Agreement (TFA), which came into force on Wednesday.


ST Electronics joins hands with DSTA to build next-gen earth observation satellite

Singapore Technologies Electronics (ST Electronics) on Thursday said that it would partner the Defence Science & Technology Agency (DSTA) to develop the next-generation Earth Observation Satellite, TeLEOS-2.


Ascott launches first living lab in Singapore in tie-up with SMU

Capitaland's wholly owned serviced residence business unit, The Ascott Limited, has launched its first living lab to field test its newest brand, lyf, that is designed for and managed by millennials, in partnership with the Singapore Management University (SMU).


Singtel subsidiary Amobee acquires US firm Turn for US$310m

Singtel subsidiary Amobee, a global digital marketing technology company serving brands such as Airbnb, Dell EMC and Lexus, on Thursday said that it would acquire Turn, a leading provider of a global technology platform for marketers and agencies, at an enterprise value of US$310 million.


Corporate Earnings


The STI Today

Singapore stocks finish higher as banks with help from Genting continue to drive STI

"Sell into strength but buy the dips" was the preferred trading mode during Thursday's session when the Straits Times Index (STI) first dropped into the red but rebounded to finish at 3,137.57 for a net gain of 15.37 points.

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