The Business Times

Daily Debrief: What Happened Today

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Published Mon, Dec 19, 2016 · 10:30 AM

SIA to boost frequencies to some destinations for northern summer season

Singapore Airlines (SIA) is bumping up flight frequencies for destinations in Australia, Europe, South-east Asia and West Asia for the northern summer operating season to cater to travel demand.

Cache Logistics Trust to divest Changi warehouse for S$25.5 million

Cache Logistics Trust on Monday said that it has signed a deal with Agility International Logistics for the proposed divestment of Cache Changi Districentre 3 for S$25.5 million.

Malaysian ringgit dips to weakest level since 1998 Asia financial crisis

Malaysia's ringgit touched the lowest level since the Asian financial crisis as investors continue to sell down emerging-market assets and after a crackdown on currency speculators last month exacerbated outflows.

Muddy Waters to target more Hong Kong-listed firms after Huishan

Carson Block said he would seek out more Hong Kong-listed companies to target, after the prominent short seller took aim at China Huishan Dairy Holdings Co with a report alleging the US$4.9 billion dairy farm operator was "worth close to zero".

Pressure on Myanmar as region holds Rohingya talks

The fate of Myanmar's Rohingya Muslim minority took centre stage Monday as regional ministers held crisis talks over a security crackdown that has drawn rare criticism from neighbouring nations.

China govt think tank sees 2017 GDP growth at around 6.5%

China's economy will grow at around 6.5 per cent year-on-year in 2017, according to a forecast from government think tank China Academy of Social Sciences (CASS) published Monday.

The STI Today

Singapore shares close lower as holiday season kicks in, volume drops below S$1b

The start of the week before Christmas saw trading volume dwindle from last week's S$1.2 billion daily average to 1.9 billion units worth S$897.2 million.

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