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Daily Debrief: What Happened Today
Propnex Realty is merging with Dennis Wee Group in a significant move that will turn the combined entity into Singapore's largest property agency with close to 7,000 salespersons.
The three local banks - DBS, OCBC Bank and UOB - continue to dominate Singapore's top 3 most valuable brands for 2017.
Total retail sales in Singapore rose by 2.6 per cent in April compared to a year ago, buoyed by double-digit increases in sales of watches and jewellery, and petrol service station sales.
About S$180 million in Medisave top-ups will be disbursed to Singaporeans aged 68 and above in 2017, the Ministry of Finance said on Monday.
Struggling commodity trader Noble Group Ltd has been approached by potential buyers for its oil business, the Financial Times newspaper reported on Monday, citing four people familiar with the matter.
China and Singapore will do their best to expedite talks on the Regional Comprehensive Economic Partnership (RCEP), Singapore's foreign minister said, calling the potential pact a statement on the importance of free trade.
Singapore Airlines said on Monday it will increase its flight frequency to Paris, France's capital city, to 10 per week during the Northern Winter operating season (Oct 29, 2017, to March 24, 2018).
The STI Today
The local stock market kicked off the week on a soft note, chalking up 169 rises versus 297 falls, excluding warrants.