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Daily Debrief: What Happened Today

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Singapore's manufacturing output rose 12.6 per cent in February compared to a year ago, driven by continued growth in the semiconductor and precision engineering space.

Singapore industrial output up 12.6% in Feb

Singapore's manufacturing output rose 12.6 per cent in February compared to a year ago, driven by continued growth in the semiconductor and precision engineering space.


China-Singapore project making progress

Bilateral project Sino-Singapore Guangzhou Knowledge City said it has broken ground for a neighbourhood centre development and launched a platform for businesses and start-ups.

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StarHub announces senior management changes

Telco and pay-TV provider StarHub said on Friday morning that it is making changes to its senior leadership team.


LTA scuppers national bicycle-sharing plans as third-party firms emerge

The Singapore government is pulling the plug on a planned national bicycle-sharing system, as privately-funded dockless bicycle-sharing services start to roll out on Singapore's streets.


Grab raising US$1.5b in new funding round

Grab, Uber Technologies Inc's largest rival in South-east Asia, plans to raise more than US$1.5 billion in a new funding round backed by SoftBank Group Corp, people familiar with the matter said.


Former Stanchart banker joins CIT manager as CEO

Former Standard Chartered banker Adrian Chui has been appointed the chief executive officer and executive director of Cambridge Industrial Trust Management, the manager of Cambridge Industrial Trust (CIT), effective March 24, 2017.


The STI Today

Singapore shares close 16 points higher on Friday

On Friday, trading was largely cautious as traders waited for direction from the US, but a 50-point rise in the Dow futures session saw the Straits Times Index rise 15.97 points to 3,142.9, reducing its loss for the week to 27 points or 0.85 per cent.

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