Daily Debrief: What Happened Today

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Marina Bay Sands plunges into the red with US$113m loss for Q2

KEEPING its shutters down for more than two months during Singapore's "circuit breaker" has dragged Marina Bay Sands (MBS) into the red for the April-June period.

Singapore core inflation negative for fifth straight month, at -0.2% in June

SINGAPORE'S core inflation stayed negative for the fifth straight month in June at -0.2 per cent year on year, unchanged from May.

Prices, rents of industrial space fall in Q2, more downward pressure to come: JTC

Prices of industrial space declined by 1.7 per cent year on year and 1.1 per cent quarter on quarter, while rents came down by 0.8 per cent year on year and 0.7 per cent quarter on quarter.

Keppel consortium bags cooling system contract worth over 7.5b baht

A UNIT of Keppel Corporation is part of a consortium of three companies that was awarded a contract worth more than 7.5 billion baht (S$329 million) for a district cooling system (DCS) in Bangkok.

Insolvency, Restructuring and Dissolution Act to commence on July 30: MinLaw

The Act is an omnibus legislation that consolidates the Republic's personal and corporate insolvency and debt restructuring laws into a single piece of legislation. It also updates relevant laws to be aligned with international best practices.

Corporate earnings

The STI today

STI up 0.7%, led by Reits and business trusts THE Straits Times Index (STI) gained 17.82 points, or 0.7 per cent, to 2,612.35.