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Daily Debrief: What Happened Today
Singapore's total industrial output went up 13.1 per cent in June compared to a year ago, as the electronics cluster continued to be the star performer.
The percentage of small and medium enterprise (SME) debt that was paid on time fell to 37 per cent in the second quarter of 2017, the lowest in two years, according to credit information company DP Information Group.
According to popular tech site Techcrunch, the launch could happen as early as this week, based on the teasers posted on social media by the influencer community in the island republic.
The plan will see Agilent, which makes laboratory instruments, adding 30,000 square feet within its existing facility in Yishun and creating about 100 new jobs in R&D, advanced manufacturing, service and sales over the next five years.
Malaysian state-owned energy company Petronas will not proceed with a proposed C$36 billion (S$39.5 billion) liquefied natural gas (LNG) project in western Canada due to weak global prices, dealing a blow to Canada's ambitions to become a global LNG player.
- Viva Q2 DPS up 6.3% on higher contributions from business park
- First Sponsor Q2 profit up 8.8%; Chengdu project being assessed
- CNMC warns of 'significantly lower' Q2 profit
- Suntec Reit Q2 DPU down 0.3%
- Yoma Q1 profit up 54% on higher property, tractor sales
The STI Today
Share prices on the local bourse closed higher on Wednesday with the key Straits Times Index rising 8.9 points or 0.3 per cent to finish at 3,336.72.