Daily Debrief: What Happened Today
Stories you might have missed
Private housing supply from H1 2020 GLS holds steady: MND
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.
Singapore business sentiment up slightly in Q1 2020: poll
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.
Startups in Singapore blockchain accelerator Tribe raise S$21.5m
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.
BHG Retail Reit proposes S$455m acquisition of Beijing outlet mall
THE proposed acquisition would be the Reit's first investment in an outlet mall, the manager said on Tuesday in a regulatory filing.
Singapore salaries to rise in 2020 as talent pool is 'shrinking': Mercer survey
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.
Corporate earnings
The STI today
Singapore shares fall 0.5% on Tuesday after Trump's tariff offensive THE Straits Times Index (STI) extended losses from Monday, retr 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.
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International
Luxury sector outlook clouded by China’s slow recovery
TikTok CEO expects to defeat US restrictions: ‘We aren’t going anywhere’
TikTok artists and advertisers to stay with app until ‘door slams shut’
Biden signs Ukraine aid, TikTok ban Bills after Republican battle
UAE announces US$544 million for rain repairs, says lessons 'learned'
HSBC says growing Chinese wealth fuels client investments in US