Daily Debrief: What Happened Today
Stories you might have missed
Singapore Oct factory output up on strong biomed
Factory output expansion in Singapore for October expanded further after an exciting September, though there are signs that it may soon be business as usual for a muted manufacturing sector.
CAI and partners acquire Vladivostok International Airport
A consortium made up of Russian Direct Investment Fund (RDIF), Changi Airports International (CAI) and Russia's Basic Element is acquiring Vladivostok International Airport from Sheremetyevo International Airport.
MTI unveils support measures for marine & offshore engineering firms
The Ministry of Trade and Industry (MTI) on Friday announced enhancements to International Enterprise Singapore's Internationalisation Finance Scheme (IFS) and the reintroduction of Spring Singapore's Bridging Loan (BL) for companies in the marine and offshore engineering (M&OE) industry.
High Court puts Swissco under interim judicial management
The Singapore High Court has approved an application to place Swissco Holdings and its subsidiary, Swissco Offshore Pte Ltd, under interim judicial management (IJM).
Civil servants to get 0.5-month year-end bonus, 0.95 month for full year
Civil servants in Singapore will get a year-end bonus of 0.5 month, as the economy is expected to see low growth this year, while lower-wage civil servants will be guaranteed a payment of at least S$900.
Sembcorp Industries' first solar energy project to be operational by year's end
The first solar energy project of Sembcorp Industries will be operational by year's end to provide renewable power to two airfreight terminals near Changi Airport.
YuuZoo to invest up to US$150m in Relativity Holdings Media
YuuZoo Corporation said on Friday its new equity investment in movie studio Relativity Holdings Media will be at least US$15 million and up to US$150 million.
Rickmers Maritime denies vessel sale
The trustee-manager of Rickmers Maritime, in a clarification issued on Singapore Exchange on Friday, denied that the sale of its vessel, India Rickmers, has taken place.
The STI Today
Singapore shares finish higher for the week as Trump-inspired "risk on" is still in force
The "risk-on" rally in equities inspired by Donald Trump's win in the Nov 8 US presidential election continued into its second week, helped along by firmer oil prices and expectations of a stronger US economy under Mr Trump.
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Economy & Policy
Global wave of consultancy layoffs has not hit Singapore
Daily Debrief: What Happened Today (Apr 19)
An economy transformed: Lee Hsien Loong’s 20 years as Singapore’s Prime Minister
Daily Debrief: What Happened Today (Apr 18)
Singapore’s first RoboCluster launched for facilities management, to turn R&D into market solutions
Daily Debrief: What Happened Today (Apr 17)