Daily Debrief: What Happened Today
Stories you might have missed
KKR on the prowl at SGX, says its S-E Asia head
Buyout giant KKR is looking at a couple of companies listed on the Singapore Exchange (SGX), said Ashish Shastry, the private equity firm's head of South-east Asia.
Tengah Air Base undergoes expansion to free up land at Paya Lebar Air Base
Tengah Air Base is being expanded to accomodate some of the assets and facilities from Paya Lebar Air Base, which has been earmarked for future development.
Leo Yip to take over as head of Singapore civil service from Peter Ong on Sept 1
Singapore's civil service will get a new head starting Sept 1, when Leo Yip, 53, takes over from current head Peter Ong, 56.
Afro-Asia Shipping, Shimizu to redevelop Robinson Road office block for S$320m
Afro-Asia Shipping (AAS) and Shimizu Corporation Investment and Development Division on Tuesday announced their joint venture (JV) to redevelop Afro-Asia Building, an office block along Robinson Road in Singapore's Central Business District.
Public sector's system of managing public funds sound but government agencies can do better: MOF
The Singapore public sector's overall system of managing public funds remains sound, but there are areas where government agencies can do better by strengthening their financial governance, the Ministry of Finance (MOF) on Tuesday said in response to the FY2016/17 Auditor-General's (AG) Report.
GLP to develop Adidas' largest distribution centre in Asia
Just after it announced last Friday that it has accepted a Chinese consortium's offer for a buyout, Global Logistic Properties (GLP) said on Tuesday that it has signed an agreement with Adidas to develop its largest distribution centre in Asia.
Piracy, armed robbery against ships in Asia at 10-year low: report
The number of incidents of piracy and armed robbery against ships in Asia have fallen to the lowest in 10 years, a half-yearly report by a regional anti-piracy body said.
Corporate Earnings
The STI Today
STI gains 0.24 per cent, crosses 3,300 threshold
Singapore stocks gained for the fourth straight session on Tuesday, as the Straits Times Index (STI) rose by 7.84 points or 0.24 per cent to end at 3,306.08.
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International
IMF concerned about debt, fiscal challenges facing low-income countries
Bank of Japan’s Ueda says ‘very likely’ to hike rates if inflation keeps rising
Colombian fund managers eye US$750 million fee bonanza after senators tweak pension bill
Fed survey cites inflation, US election as key financial stability risks
Oil prices steady after Iran plays down reported Israeli attack
G7 pledges swift aid for Ukraine, seeks to calm Middle East