Daily Debrief: What Happened Today
Stories you might have missed
Singapore's electricity demand fell 2 to 4% in 2020 due to Covid-19
HOWEVER, electricity demand is expected to rebound as the economy recovers and grows and is driven by new users such as data centres, 5G telecommunication networks, agri-tech facilities and electric vehicles.
Issuing limits raised for Singapore government securities and treasury bills
THE issuing limits for government securities and treasury bills have been raised to meet Central Provident Fund (CPF) needs and cater to growing investor demand, with Parliament having voted to authorise this on Tuesday.
Economists expect retail sales to return to positive growth by February
SINGAPORE'S retail sales could return to positive growth as early as the first quarter of this year, said economists encouraged by the slowing decline in November's data.
Interactions between WEF attendees, locals to be 'managed' as part of virus measures
THIS is in addition to having attendees adhere to strict public health requirements and safe-management measures, including pre-departure and on-arrival testing.
Singapore firms' payment performance hits all-time low in 2020: SCCB
THIS came as the annual average proportion of prompt payments fell to less than half of total payment transactions to 40.74 per cent in 2020, from 49.05 per cent in 2019.
Freehold Holland Village shophouse up for sale for S$13.5m
THE shophouse in the Holland Village enclave comprises two strata units, with a total floor area of 1,841 square feet (sq ft), in addition to an outdoor seating area of 420 sq ft.
Hyflux's judicial managers to hold virtual townhall on Jan 14
HYFLUX'S judicial managers will hold a virtual townhall meeting on Jan 14 at 6pm Singapore time for holders of the embattled water treatment firm's perpetual securities, preference shares and medium-term notes (MTN).
The STI today
STI finishes 0.03% higher in ‘lacklustre’ trading session
SINGAPORE'S benchmark Straits Times Index climbed 0.78 point or 0.03 per cent to 2,859.68 on Tuesday, on what some market commentators called a "lacklustre" trading day.
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International
G7 pledges swift aid for Ukraine, seeks to calm Middle East
H5N1 strain of bird flu found in milk: WHO
China moves to boost foreign investment in domestic tech companies
Xi orders China’s biggest military reorganisation since 2015
Warner Bros CEO earned US$49.7 million in strike-impacted year
Teheran signals no retaliation against Israel after drones attack Iran