Daily Debrief: What Happened Today
Stories you might have missed
Restaurant body disappointed in landlords' lack of rental rebates
LANDLORDS have yet to deliver on their publicly announced rental rebates for food and beverage (F&B) operators, said the Restaurant Association of Singapore (RAS) on Sunday night, adding that it was "deeply disappointed".
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Former Citibank Singapore retail banking head due to join Grab-Singtel entity
IT is understood that Charles Wong, a veteran banker in the retail banking space, is likely to play a key role in the digital full bank, if the Grab-Singtel consortium secures the licence.
Fitch downgrades ratings for Singtel, Optus
THE ratings downgrade reflects weaker-than-expected growth prospects as well as capital expenditure pressure resulting in higher leverage than previously anticipated, Fitch said.
DBS, OCBC pushing trade finance into the digital age
AS part of industry-wide efforts to digitalise trade finance on all fronts, DBS and OCBC on Monday both issued their first electronic banker's guarantee on the Singapore Customs Electronic Bank Guarantee Programme (eBG programme).
Luxus Hills' final phase fully sold: Bukit Sembawang
THE real estate developer said that it has set a new benchmark for pricing, with the average price for inter-terraces standing at S$3.35 million, or S$2,070 per square foot on land.
3 commercial shophouses, terrace house in Districts 1&2 up for sale at S$38.4m
THE commercial shophouses are located within District 1 at Ann Siang Road, and District 2 at Keong Saik Road, while the residential unit is situated at Neil Road.
SATS acquires UK aviation food company for £26.7m
MONTY'S Bakehouse UK has become a wholly-owned subsidiary of SATS Investments, which is in turn wholly owned by SATS.
Corporate earnings
The STI today
Late dip sees STI extend losing streak, down 0.1% on Monday THE STI closed 2.08 points or 0.4 per cent lower at 3,023.16.
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International
Labour mayor wins cap triumphant election run for Starmer
100 years on, SICCI to focus on internationalisation, digitalisation and sustainability
Microsoft bets big on South-east Asia, pledges billions in AI and cloud investments
Putin plans to meet Xi in China days after his new term starts
Biden vetoes bid to repeal US labour board rule on contract, franchise workers
Economic leaders of South Korea, Japan, China say FX volatility is a risk