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Daily Debrief: What Happened Today
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THE Ministry of National Development (MND) said said the supply of private housing units in the pipeline "remains high" at around 39,000 units currently despite declining progressively over the past few quarters.
BUSINESS sentiment rose to +5.31 percentage points in Q1 2020 from +4.82 percentage points in Q4 2019, with five of six indicators in the positive zone with the exception of inventory levels.
AMONG the portfolio companies in the second batch are supply chain solutions platform DiMuto; telemedicine startup WhiteCoat; Eximchain, which helps businesses transact and share information more efficiently and securely through blockchain technology; and Torus, a distributed private key management solution with a focus on cybersecurity.
THE proposed acquisition would be the Reit’s first investment in an outlet mall, the manager said on Tuesday in a regulatory filing.
THE overall increase projected for 2020 is 3.7 per cent, up from a 3.6 per cent rise this year, according to Mercer LLC, which conducted the survey across industries from banking and finance to real estate.
The STI today
THE Straits Times Index (STI) extended losses from Monday, retreating 14.89 points or 0.5 per cent to close at 3,173.08 on Tuesday.