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Daily Debrief: What Happened Today
The Inland Revenue Authority of Singapore (IRAS) collected S$47 billion in tax revenue in the fiscal year 2017, close to 5 per cent more than a year ago.
Chinese prosecutors have charged Trafigura's Singapore division and a Beijing-based staff member for allegedly fabricating gasoline deals with a Chinese oil trading company following a three-year probe, according to a letter of indictment reviewed by Reuters.
Cromwell European Real Estate Investment Trust (Cereit), a Singapore Reit with portfolio of assets in Europe, has received an Eligibility-to-List (ETL) nod from the Singapore Exchange for its estimated one billion euros (S$1.6 billion) initial public offering (IPO).
Blumont Group has received a mandatory takeover bid from Malaysian businessman Siaw Lu Howe at 0.0182 Singapore cent apiece.
After a recent brief exchange on Twitter with Prime Minister Lee Hsien Loong over e-payments, Razer CEO Tan Min-Liang said his company is now working to submit a proposal to the government for a unified e-payments system.
Keppel Offshore & Marine's wholly owned unit in the US has clinched a contract worth over US$400 million from a Honolulu-based ocean shipping firm to build two Liquefied Natural Gas (LNG) fuelled containerships.
Mitsui Sumitomo Insurance (MSI) is buying Singapore's largest property and casualty insurance company First Capital Insurance from Fairfax Financial Holdings for US$1.6 billion to further cement its leading position in Asean's non-life insurance market.
Asia Pacific Exchange Pte Ltd has received in-principle approval from the Monetary Authority of Singapore to start a third derivatives exchange in the city, according to people with knowledge of the matter.
Ezion Holdings said it was arranging informal meetings with lenders and holders of notes issued under its S$1.5 billion multi-currency debt issue programme.
The STI Today
Singapore stocks ended 0.4 per cent higher on Thursday, with the Straits Times Index (STI) advancing 12.11 points to 3,272.16.