Daily Debrief: What Happened Today
Stories you might have missed
MND cuts private housing supply for H1 2019 Government Land Sales Programme by about 20%
THE government has decided to moderate the total supply of private residential units for the first-half 2019 Government Land Sales (GLS) Programme, citing the significant growth in pipeline supply while demand has started to moderate following the introduction of the July property cooling measures.
Singapore regulators won't let Noble re-list, citing potentially inflated assets
THE Monetary Authority of Singapore (MAS) and Singapore Exchange Regulation (SGX Regco) have decided not to allow Noble Group (NGL) to transfer its listing status to New Noble as part of NGL's proposed restructuring, they said in a joint statement on Thursday.
Solar power startup SolarHome raises US$10m debt from crowdfunding, investors
THE debt comes from a group of international investors that include Crowdcredit, a cross-border crowdfunding platform based in Japan, and Trine, a Sweden-based crowdfunding platform for off-grid solar.
Paktor parent raises fresh US$25m, with Temasek-linked Pavilion Capital among investors
THE cash injection from the latest fundraising will go towards technical upgrades and new features for M17's live content-streaming platform.
Firms in Singapore delay investment, tweak supply chains in face of trade war: AmCham poll
IN the face of trade tensions between the United States and China, members of the American Chamber of Commerce in Singapore are delaying or cancelling investment plans, looking to other markets, and adjusting supply chains.
The STI Today
Singapore shares close lower as Huawei CFO arrest dents sentiment
SINGAPORE shares closed lower on Thursday as the arrest of Huawei Technologies' chief financial officer for alleged violations of US sanctions on Iran threatened to send already fragile relations between Washington and Beijing further south.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Trade between Singapore and Asean was at S$295.6 billion in 2023
UK passport control hit by outage causing long waits at airports
Fed’s Kashkari says rates likely on hold for ‘extended period’
China’s Xi lands in Serbia after talking Ukraine, trade in France
Stormy Daniels details alleged sex with Trump at hush money trial
Indian vote body tells X to remove Modi party video targeting Muslims, opposition