Daily Debrief: What Happened Today
Stories you might have missed
Polling Day on July 10, Nomination Day on June 30 for Singapore's General Election
SINGAPORE will go to the polls on Friday July 10 in a general election (GE) that is likely to see contests for all 93 seats in 31 constituencies, with up to 2.65 million Singaporeans casting their vote.
Hin Leong forged documents to mislead banks, has 'no reasonable prospect of being restructured on its own': PwC HIN LEONG has liabilities of US$3.5 billion that is mostly owed to banks, and assets of only about US$257 million, PwC noted.
Singapore core inflation stays negative for fourth month in May at -0.2%
CORE inflation, a central bank indicator that strips out accommodation and private road transport prices, inched up to -0.2 per cent, from -0.3 per cent in the month before.
Singapore, other stakeholders reaffirm plans to sign mega-trade deal this year
SINGAPORE and other stakeholders have reiterated that they plan to sign the Regional Comprehensive Economic Partnership (RCEP) mega-trade deal this year, even as the deadly novel coronavirus pandemic throws the global economy into disarray.
Wirecard required to keep customer funds from Singapore business activities in banks here: MAS
ITS entities here are currently not licensed by MAS, but Singapore's financial regulator said that it has received a licence application from Wirecard under the new Payment Services Act.
Oxley inks agreements to sell retail, commercial units at former Chevron House
OXLEY Holdings and Oxley Beryl, which owns the former Chevron House, have entered into property sale agreements for the retail and commercial units in the 30 Raffles Place development for a total of some S$315 million.
Mapletree Industrial Trust to buy 60% stake in 14 data centres for US$210.9m
THE portfolio of 14 data centres is held by Mapletree Redwood Data Centre Trust (MRDCT), in which MIT already has a 40 per cent stake.
The STI today
STI rises on election news THE Straits Times Index (STI) clawed back early losses to finish 5.23 points or 0.2 per cent higher at 2,634.92 on Tuesday, on the back of news that Prime Minister Lee Hsien Loong has advised President Halimah Yacob to dissolve Parliament and issue the Writ of Election, paving the way for a General Election.
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International
Xi tells Blinken US, China should be 'partners, not rivals'
Indonesia’s push for regional economic integration to continue under Prabowo: Vivian Balakrishnan
Outgoing Singapore, Indonesia leaders to hold their final retreat in Bogor on Apr 29
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027
China passes tariff law as tensions with trading partners simmer
Blinken meets Chinese counterpart Wang Yi in Beijing