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Daily Debrief: What Happened Today
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THE latest quarterly figures bring tourism receipts for the first six months of 2019 to S$13.1 billion, down 3 per cent from the year-ago period.
WHILE interest from the region's 64 million SMEs are high - around 80 per cent of small retailers need credit - they remain underserved by established players, according to a report by Google, Temasek and Bain & Company on Wednesday.
THE government’s fiscal stance for 2019 is still expected to be “mildly expansionary”, according to the MAS half-yearly macroeconomic review, released on Wednesday.
SINGAPORE's central bank is expecting the overall labour market to soften, with domestic wage growth easing, against the backdrop of a synchronous global slowdown across major advanced countries and Asian economies in the first half of 2019.
ITS wholly-owned subsidiary, Maxi-Cash Property, on Oct 29 entered into a conditional sale and purchase agreement with 8G Investment for the proposed acquisition.
- Far East H-Trust's Q3 DPS down 1% to 1.04 S cents on enlarged base
- Frasers Hospitality Trust posts 4.1% drop in Q4 DPS to 1.1655 S cents
- Ascott Reit DPU rises 5% to 1.91 S cents for Q3
- CDL Hospitality Trusts Q3 DPS falls 4.1% on lower income from overseas hotels
- Micro-Mechanics Q1 profit falls 27.4% on lower revenue, higher costs
The STI today
THE Straits Times Index (STI) was lifted by the banks and the Jardine staple of companies to end the day at 3,207.92, up 10.88 points or 0.3 per cent.