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Daily Debrief: What Happened Today
Stories you might have missed
OVERALL, a net weighted balance of 5 per cent of manufacturers expect business to be worse in the six months to March 2020, compared with the third quarter of 2019, according to a poll by the Economic Development Board (EDB) released on Thursday.
WITH the licence, the Singapore and Switzerland-based firm will be able to conduct asset management activities in Singapore.
EXISTING investors such as venture capital firms Lakestar and Mangrove Capital also contributed to this "strategic investment", where Helpling would be able to tap the media assets of ProSiebenSat.1
LOANS through the domestic banking unit – which captures lending in all currencies, but reflects mainly Singapore-dollar lending – stood at S$684.5 billion in September, down from S$684.9 billion a month ago.
WITH proposed changes to amend the project and reduce costs by 36 per cent, the total cost of the 4km rail project is estimated to be RM3.16 billion ($1.03 billion), instead of the original of RM4.93 billion.
- iFast Q3 profit falls 5.5% amid surge in expenses for platform upgrades
- Parkway Life Reit Q3 DPU rises 1.9% to 3.3 S cents
- IndoAgri sinks into the red with 125.68b rupiah loss for Q3
The STI today
OPENING 0.3 per cent higher, the STI built on the week’s positives, adding to those early gains, to close the month out at 3,229.88, an advance of 21.96 points or 0.7 per cent.