Daily Debrief: What Happened Today

DBS will pay annual dividend of S$1.20 per share from FY18

DBS Group Holdings will pay S$1.20 per share in dividends from 2018 onwards - double its payout in three of the past four years, the bank said on Thursday.

Singapore household incomes rise in 2017, but at faster pace for top 50%

The lower half of households in Singapore saw their incomes from work grow last year, but at a slower pace than the wealthier half. Still, according to a Department of Statistics (DOS) report released on Thursday, income inequality changed little from 2016, as government transfers and taxes narrowed the gap between the rich and poor.

HDB resale prices dip 0.5% in January, volume slumps by 31.4%: SRX

HDB resale prices dipped 0.5 per cent in January compared with December last year (2017), coupled with a 31.4 per cent drop in sales volume, according to SRX Property flash estimates released on Thursday.

Brokers' take: Singtel results in line with expectations; RHB upgrades stock to 'buy'

Singtel's third-quarter results were in line with expectations, said analysts on Thursday morning as they also said the stock is too cheap to ignore.

Sakae, MC Payment ink MOU, aim to launch South-east Asia's F&B digital token

Food and beverage group Sakae Holdings on Thursday announced that its subsidiary, Sakae Fintech, has signed a memorandum of understanding (MOU) with Ffastpay, a unit of electronic payment solutions provider Mobile Credit Payment (MC Payment), to develop a custom blockchain to generate a food and beverage (F&B) digital token - "Bitecoin", for the South-east Asia market.

SIA to operate its first B787-10 to Osaka from May

Launch customer Singapore Airlines (SIA) will deploy its first Boeing 787-10 aircraft, with new regional cabin products, to Osaka from May this year. The airline, which has 49 Boeing 787-10s on firm order, will take delivery of its first B787-10 from Boeing's South Carolina production facility in March.

DBS to end 'dirty coal' lending by year-end, says its chief

DBS will end financing of projects that burn low-grade coal, or what is known as "dirty coal", by the end of the year, its chief executive Piyush Gupta said on Thursday.

Singapore Airshow 2018: ST Aerospace unit inks LOI for potential A320 P2F conversion order

Elbe Flugzeugwerke (EFW), the joint venture between ST Aerospace and Airbus, has entered into a letter of intent (LOI) with Guangdong Aerocity Holding Co (GDA) for a potential order of 10 A320 Passenger-to-Freighter (P2F) conversions.

Corporate Earnings

​The STI Today

Singapore shares close above 3,400 level on Thursday

Singapore stocks finished almost 1 per cent higher on Thursday, with the Straits Times Index rising 32.13 points to 3,415.90.