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Daily Debrief: What Happened Today
The year 2017 may be better than expected despite protectionist rhetoric from the US and nervousness in the financial markets, according to Deloitte.
Singapore will expand its rail network by 15 per cent this year, the Land Transport Authority (LTA) said.
The Competition Commission of Singapore (CCS) is studying Fraser and Neave's (F&N) proposed acquisition of the Singapore and Malaysia distribution arms of global publisher Penguin Random House, and is seeking public feedback on the deal.
VGO Corporation announced on Friday that shareholders have approved its plan to reduce its share capital by S$27.9 million to write off the same amount of accumulated losses, leaving a paid-up share capital of just S$4,000.
Profitability for airlines in the fourth quarter of 2016 was unchanged compared to a year ago, according to airline chief financial officers and heads of cargo in the quarterly Airline Business Confidence Index.
The STI Today
The reflation play that marked most of November and December 2016 appears to have lost momentum this month, with stocks largely trading within narrow bands with a slightly downward bias.