Daily Debrief: What Happened Today

HDB resale prices fall 0.3% in February on lower volume

HDB resale prices fell 0.3 per cent in February compared with January. Resale prices of HDB four-room, five-room and executive flats fell 0.2 per cent, 0.5 per cent and 1.7 per cent respectively, while those of three-room flats rose 0.2 per cent.

MAS to test blockchain technology on bond trading settlement, cross-border payments

The Monetary Authority of Singapore (MAS) on Thursday said that it would test blockchain technology on settlement in bond trading to make the process more efficient. The project will be driven by the Singapore Exchange.

Ministry of Health to focus on community care, value of health services, healthy living

The Ministry of Health (MOH) will ramp up efforts to improve Singapore's healthcare system in the long term and with it, the ministry will shift its focus beyond hospital care to community care, beyond quality to value, and move beyond health care to health.

Ex-BP executive charged with taking S$5.7m in bribes

A former executive of BP Singapore was hauled to court on Thursday to face charges of obtaining about US$4 million (S$5.7 million) in bribes from a businessman to advance the business interest of the latter's company with the oil and gas company.

Applications for private hire car driver's vocational licence to open on March 13

Applications for the private hire car driver's vocational licence (PDVL) will open on March 13, 2017. This is for drivers who wish to provide private hire car services.

OUE Commercial Reit raises S$150m from private placement to pay down debt

OUE Commercial Reit on Thursday said that it has raised gross proceeds of about S$150 million from a private placement of some 233.3 million new shares at S$0.643 each.

The STI Today

Singapore stocks finish weaker in the wake of slide in oil prices

A 5 per cent overnight plunge in oil prices brought pressure to bear on the oil and gas sector on Thursday, depressing the Straits Times Index by 26.45 points to 3,118.84.