Daily Debrief: What Happened Today

Stories you might have missed

StanChart to boost presence in Singapore as first 'significantly rooted foreign bank' here

A RECENT free trade agreement between the European Union and Singapore has paved the way for Standard Chartered Bank Singapore (StanChart Singapore) to raise its presence in the Republic.

Singapore's visitor arrivals in June sink to 2,200

SINGAPORE'S visitor arrivals in June plummeted to 2,200 from 1.6 million a year ago, the Singapore Tourism Board (STB) has said.

Thakral to expand Australia retirement resort portfolio with site acquisition

MAINBOARD-LISTED Thakral Corporation has acquired 13.4 hectares of land in New South Wales, Australia, through its GemLife joint venture for an undisclosed sum.

Victory Point in Balestier up for sale again with lower guide price of S$13.5m

HELD under a single title, the freehold development comprises a two-storey conservation shophouse with attic and a six-storey rear apartment block.

UOB launches digital bank TMRW in Indonesia

THIS follows from TMRW's first launch in Thailand in March 2019, and is part of the regional bank's strategy to accelerate growth and scale up its regional customer franchise to capture a S$10 billion market opportunity in Asean.

US engine maker Pratt & Whitney trims about 20% of Singapore headcount

THIS round of layoffs will be undertaken at most P&W sites across the country, and was "openly communicated in advance with employees", the company said in a joint statement with the Singapore Industrial and Services Employees' Union (SISEU).

Corporate earnings

The STI today

STI closes 1.78% lower on Monday, dragged by JMH

THE Straits Times Index (STI) fell for the third straight day on Monday, closing 44.91 points or 1.78 per cent lower at 2,484.91.