You are here
Daily Debrief: What Happened Today
Stories you might have missed
MAS managing director Ravi Menon on Thursday said that recovery will be uneven across countries, across industries, and across time and "while a strong short-term growth bounce is plausible, the longer-term recovery is likely to be weak and gradual."
THE two trusts on Thursday announced a proposed merger, by way of a trust scheme of arrangement, under which ESR-Reit will acquire all units of Sabana Reit in exchange for new units in ESR-Reit.
SOCIAL networking site LinkedIn lists over 120 Skyscanner employees in Singapore, in roles ranging from marketing and talent acquisition to advertising, commercial operations, partnerships, software engineering and data analytics.
ONE analyst The Business Times spoke to on Thursday noted a "very fierce trading pattern" among the glove counters and "a lot of optimism was priced in, prices ran up well ahead of valuations and subsequently corrected down."
VACANCIES from the second quarter of 2020 are expected to put further downward pressure on retail rents in Singapore as more businesses shutter for good, said Cushman & Wakefield (C&W) in a report on Thursday.
THE startups hail from Antler's fourth Singapore programme and recent initiative to fund solutions addressing the impact of the Covid-19 pandemic.
A SOUTH KOREAN steelmaker that controls a kimchi lactobacillus (lactic acid bacteria) biotech firm is trying again to secure a listing in Singapore for the latter, via the judicial management process of existing listed firms.
The STI today
THE benchmark Straits Times Index ended the day at 2,623.67, down 25.23 points or 0.95 per cent.