Daily Debrief: What Happened Today
Stories you might have missed
Singapore services sector takings fall 1.1% in Q1
AMID the Covid-19 outbreak, the greatest decline was for recreation and personal services.
SGX to discontinue most MSCI equity index futures and options contracts next year
IT will, however, keep its partnership with New York-based global index publisher MSCI on MSCI Singapore Index products.
Hyflux rescue deal hits a snag as Utico revokes cash offer
POTENTIAL investor Utico is now demanding that all of Hyflux's creditors accept shares of Utico and Hyflux as payment, instead of cash.
S'pore companies to deliver US$14.2b in dividends for 2020, down 4.5% y-o-y: IHS
BANKING, property-related and telecommunication sectors will contribute around 70 per cent of total dividends.
Fintech startup GoBear raises US$17m in funding
THIS marks the fintech startup's fifth fundraise to date, bringing the total amount it has raised thus far to US$97 million.
PropertyGuru launches new feature allowing 360-degree walk-through of units
THE feature, called StoryTeller, is available on the group's sales automation platform, PropertyGuru FastKey
The STI today
STI slips 10.82 points to close at 2,519.48; SIA the best performer, SGX is worst SINGAPORE stocks ended Wednesday on a softer note, with the benchmark Straits Times Index closing at 2,519.48, down 10.82 points, or 0.43 per cent.
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Economy & Policy
Daily Debrief: What Happened Today (Apr 29)
Singapore factory output reverses into negative territory in March, down 9.2%
‘Proactive action’ needed to tackle skills mismatches in Singapore: SNEF
Tripartism and trust will help Singapore navigate a world ‘fraught with uncertainties’: Tan See Leng
Daily Debrief: What Happened Today (Apr 26)
Singapore must prepare for slower growth at higher costs: MAS