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Daily Debrief: What Happened Today

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The sale was made to a joint venture of CDL’s subsidiary Cityzens Development and Hong Realty by sole marketing agent JLL, a real estate services firm.

Amber Park sold for S$906.7m to CDL in largest freehold enbloc sale by dollar value

City Developments Limited (CDL) has successfully acquired Amber Park, a 200-unit, 213,670 square feet residential development at Amber Gardens for S$906.7 million.

Goods vehicle COE premium continues rising

Passenger car certificate of entitlement (COE) premiums slipped even as the goods vehicle premium continued its steady ascent.

Redas president sounds cautionary note despite upturn in URA's Q3 private home price index

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Despite the recent upturn in the Urban Redevelopment Authority's (URA) private home price index, the developers' body is sounding a cautionary note.

Hot stock: SIA Engineering falls to six-year low on JPMorgan share sale

Shares of SIA Engineering Co fell to their lowest since January 2010 on news that JPMorgan is selling 38.8 million shares in the aircraft maintenance, repair and overhaul (MRO) services provider for up to S$128 million.

OCBC introduces voice commands for business transactions

OCBC'S business customers will soon be able to conduct fund transfers and check their account balances, all without lifting a finger.

SilkAir welcomes new Boeing 737 Max 8 to fleet

Singapore Airlines subsidiary, SilkAir, welcomed the arrival of its new aircraft on Wednesday - the Boeing 737 MAX 8.

Maybank, Singapore fintech InfoCorp launches mobile payment app for migrant workers

Infocorp Technologies, a Singapore-based fintech company, has signed a memorandum of understanding (MOU) with Maybank Singapore to provide services to unbanked people in Singapore and the Asia-Pacific region.

Bio pharma firm AbbVie opens biologics plant in Singapore

Global research and development-based bio pharmaceutical company AbbVie is expanding the capabilities of its Singapore operations with a new biologics manufacturing facility in Tuas.

The STI Today

Singapore shares close mixed; STI dragged lower by Jardine, banks

The Straits Times Index on Wednesday fell 9.43 points to 3,236.65, dragged lower by weakness in the Jardine group and the three banks.

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