Daily Debrief: What Happened Today

Singapore's electric car sharing programme to start in December

BlueSG, the nation-wide electric vehicle (EV) car-sharing programme, kicks off in December with 80 cars and 30 charging stations with a total of 120 charging points.

Customer satisfaction up for taxis, public buses, budget airlines in Q2: index

Customer satisfaction increased for taxi services, public buses and budget airlines, according to the 2017 second quarter Customer Satisfaction Index of Singapore (CSISG) results for the air and land transport sectors.

Proposals for sale of The Excelsior, Hong Kong, do not meet expectations: Mandarin Oriental

Mandarin Oriental International Limited said that none of the proposals received recently for the sale of The Excelsior, Hong Kong, had met fully its expectations or transaction requirements.

MAS to hold in Oct as inflation subdued, may tighten in 2018: Reuters poll

Singapore's central bank is expected to keep its monetary policy settings unchanged at its October review, and is seen in no hurry to tighten as inflation remains subdued even as economic growth has picked up pace in the first half.

Broker's take: Goldman upgrades Singapore Exchange to a 'buy'

Goldman Sachs has upgraded the Singapore Exchange (SGX) to "buy" from "neutral" on an improving volume and earnings outlook. It has also raised the target price by 6 per cent to S$8.60.

TP-STM top bidder for Republic's fifth desalination plant

PUB, Singapore's National Water Agency, has selected Tuas Power - Singapore Technologies Marine Consortium (TP-STM) as the preferred bidder for Singapore's fifth desalination plant, to be located on Jurong Island.

STT Connect achieves highest certification for multi-tier cloud security standard

Cloud enablement company in the ST Telemedia portfolio, STT Connect, has achieved Multi-Tier Cloud Security Singapore Standard (MTCS SS 584) at Level 3, the highest certification level.

The STI Today

Singapore stocks finish higher after Yellen's hawkish speech boosts banks

Monday's column highlighted the fact that the Straits Times Index's fortunes depend heavily on the banks and that movement in bank shares were in turn driven by interest rate expectations.