Daily Debrief: What Happened Today
Stories you might have missed
Singapore retail sales slide 6% in December for full-year 0.7% drop
RETAIL sales in Singapore fell in December 2018, although eateries did better, according to the latest data from the Department of Statistics (SingStat) on Tuesday.
Singapore forms advocacy body to level up corporate governance standards
SINGAPORE has its first permanent, industry-led body, responsible for advocating good corporate governance (CG) practices in the city state.
Freehold city fringe commercial building up for sale with S$25m guide price
THE property, 7 Hindoo Road, has a 15-metre wide frontage, a land area of 3,519 square feet and a gross floor area (GFA) of about 13,970 sq ft.
Hyflux extends deadline to file proofs of claim to March 1
HYFLUX has given creditors and stakeholders a two-week extension to file their proofs of claims ahead of scheme meetings as the water treatment firm undergoes debt restructuring.
Mapletree Industrial Trust to raise at least S$175m in private placement
MAPLETREE Industrial Trust (MIT) is proposing a private placement of 90.44 million new units to raise gross proceeds of no less than about S$175 million, which will mostly be used to partly refinance the acquisition of 18 Tai Seng Street.
Corporate earnings
The STI today
Singapore stocks end 0.2% lower on Tuesday
SINGAPORE stocks closed lower on Tuesday, with the Straits Times Index down 0.16 per cent or 5.12 points to 3,201.15.
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International
Malaysian fast food operator QSR shelves IPO plans amid boycott campaign: sources
WHO warns of bird flu risk spreading to cows outside US
Sri Lanka’s key inflation rate rises to 1.5% in April
Eurozone economy rebounds in first quarter, inflation stable in April
The Fed’s quantitative easing programme has cost too much
German economy skirts recession, helped by construction and exports