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Daily Debrief: What Happened Today
A survey has found that there is a noticeable disconnect between the government's push for firms to transform as the economy restructures, and how firms are responding to, and implementing these efforts.
Singapore Changi Airport handled 4.78 million passenger movements in November, up 3.2 per cent from a year ago.
Prices of completed private apartments and condominiums slipped 0.7 per cent in November from a month ago.
Private equity (PE) players have been investing more across South-east Asia in the third quarter of 2016, outstripping the total investment in the region in the first half of the year, with a majority of the total capital going into two ride-hailing applications focusing on Indonesia.
Construction firm LQS Construction is suing energy services provider Mencast Holdings and its wholly owned subsidiary Mencast Marine (MMPL) for S$3.3 million, the alleged balance related to a contract for the construction of an office building.
A step-down subsidiary of Swissco Holdings Limited, Liftboat 1 International, has received a notice of appointment of receivers over its vessel Jinshan 1, the company's interim judicial managers announced on Wednesday.
The STI Today
Singapore stocks ended 0.4 per cent higher on Wednesday, with the Straits Times Index advancing 12.54 points to 2,898.3.