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Daily Debrief: What Happened Today
Application rate for two-room flats with flexible leaseholds is at a healthy 2.5 times. Flats in Bidadari received some of the highest application rates, despite their higher prices.
The company's 2019 bonds were bid at 33 cents on the dollar, according to prices from SC Lowy Financial (HK) Ltd.
TechSG, developed by NUS Enterprise and rapid prototyping startup Wonderlabs, was unveiled on Thursday by Low Yen Ling, Parliamentary Secretary for the Ministry of Trade & Industry.
Singapore's manufacturing output declined 5.4 per cent year-on-year in October, dragged down by a 14 per cent drop in electronics production.
David Cheng, 44, is responsible for growing the bank's corporate finance business, supporting its clients with both onshore and cross-border equity financing solutions as well as for mergers and acquisitions across the region.
These days, Jonas Kan divides his time between forecasting how far Hong Kong property prices will fall, and how much real estate stocks will rise.
The STI Today
The Straits Times Index on Thursday drifted to a 6.89 points loss at 2,884.69 in low volume of 977 million units worth S$1 billion. Excluding warrants there were 163 rises versus 222 falls and the 30 STI components contributed S$738 million or 74 per cent of total dollar turnover.