Daily Debrief: What Happened Today

Stories you might have missed

Singapore manufacturers optimistic over business outlook in next six months
SINGAPORE manufacturers are optimistic that business situation will improve in the next six months, based on a business expectation survey by the Economic Development Board released on Friday.

Singapore services sector's business sentiment improves for next 6 months
BUSINESS sentiment in Singapore's services sector for the next six months has improved, based on data from the Department of Statistics Singapore.

Unemployment could rise further as Singapore faces structural changes: Lim Swee Say
UNEMPLOYMENT in Singapore could rise further in Singapore as some sectors remained under stress, Manpower Minister Lim Swee Say said on Friday in a May Day message.

Sabana Reit unitholders vote against manager removal, wind-up
AT its much anticipated extraordinary general meeting on Friday, Sabana Reit unitholders voted overwhelmingly against removing the underperforming Reit manager (with 69.48 per cent of votes cast against) and against winding up the Reit vehicle (with 71.67 of votes cast against).

A US$130b manager sells Singtel as competition intensifies
Rising competition in Singapore Telecommunications's key markets across Asia has prompted one of the world's biggest independent money managers to sell the stock.

HDB resale prices see steeper fall in Q1
HDB resale prices slipped 0.5 per cent in the first quarter, steeper than the 0.1 per cent dip in Q4 2016, data from the Housing & Development Board showed on Friday.

Corporate Earnings

Great Eastern's Q1 net profit more than double from a year ago
UOB's Q1 earnings up 5.4% on growth in core income
Frasers Hospitality Trust Q2 DPS dips 4.2% (Amended)
iFAST's Q1 profit surges 60.7%

The STI Today

Singapore shares rise over the week despite an unsure Wall Street
EVEN as worries over France's general elections faded in the early part of the week, there was a ready replacement to keep the market occupied - the Trump administration's tax plans.

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