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Daily Debrief: What Happened Today
Stories you might have missed
THE amount of occupied office space decreased by 55,000 sq m of net lettable area (NLA) in the second quarter of 2020, a much bigger drop than the 7,000 sq m decrease in the previous quarter.
SINGAPORE factory output fell for the second straight month in June, dragged down by the volatile biomedical cluster, according to preliminary data on Friday.
EAGLE Hospitality Trust’s (EHT) trustee, DBS Trustee, has now directed its financial adviser Moelis & Company to commence a request for proposal (RFP) process “on an expedited basis” from parties interested to enter into a deal with EHT.
FOO Yung Thye Henry, 46, is accused of having obtained gratification in the form of loans from contractors and sub-contractors of the LTA, who paid him S$1.24 million from 2014 to 2019 to advance their business interests with the LTA.
THE startups cut across a mix of industries, including biotech, fintech and energy tech, and address issues such as healthcare access and humans' impact on the environment.
The Business Times understands that RedMart plans to use the space as a fulfilment centre for deliveries in the south of Singapore.
NATIONAL Trades Union Congress (NTUC) is proposing the Fair Retrenchment Framework (FRF) to further guide companies on responsible retrenchment practices, amid an uncertain economic outlook.
The STI today
SINGAPORE’S benchmark Straits Times Index (STI) fell 1.3 per cent or 32.84 points to 2,579.51 on Friday.