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Daily Debrief: What Happened Today
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RESORTS World Sentosa (RWS), which reopened to visitors in early July, is now turning to the last resort - job cuts - as the coronavirus pandemic continues to take its toll on the tourism industry.
DEVELOPERS in Singapore sold 998 new private homes in June, 105 per cent more than May's 486, on pent-up demand and an increase in foreign buying as show galleries reopened.
EFFORTS to digitalise trade finance are taking shape amid renewed questions over fraud in trade finance, with DBS and blockchain trade-finance network Contour sewing up the network's first digital end-to-end secured letter of credit.
TCC Prosperity (TCCP), through its wholly-owned subsidiary Bright Bloom Capital, has subscribed for 50 per cent of units of North Gem Trust (NGT), which owns the property.
THE Singapore Exchange (SGX) on Wednesday posed a slate of queries to Biolidics about the details of a licence agreement the Catalist-listed firm had inked as well as the timing of its trading halt and announcement.
SINGAPORE-BASED deep-tech investor Wavemaker Partners closed its third South-east Asia fund on June 19 at US$111.5 million, surpassing its target of US$100 million.
The STI today
AMID mixed sentiment across the region, and a sombre kick-off to the Q2 reporting season in the US market, the local market benchmark Straits Times Index ended Wednesday at 2,648.90, up 28.71 points or 1.1 per cent.