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Daily Debrief: What Happened Today
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.
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.
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.
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 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.
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 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.
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
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.