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Daily Debrief: What Happened Today
Singapore is among the top performers in the Asia-Pacific Regional Cooperation and Integration Index, a new measure of the progress of regional cooperation and integration in the region.
Fintech ties between Singapore and Hong Kong have been given a shot in the arm with a new agreement which promises to strengthen cooperation and boost innovation in financial technology (fintech) between the two financial centres.
Singapore's central bank chief said while inflation is still well below the historical average, policy makers need to be proactive if a stronger economy results in a pickup in price pressures.
With Paraguay removing its visa requirements for Singaporeans, Singapore now has a visa-free score of 159, making it the most powerful passport worldwide according to the Passport Index.
Pavilion Gas and Shell Trading have received licences from the Energy Market Authority to bring in their liquefied natural gas (LNG) cargoes into Singapore.
Keppel-KBS US Reit, sponsored jointly by Keppel Capital and KBS Pacific Advisors, is issuing 262.77 million units at US$0.88 apiece in an initial public offering (IPO).
Hong Leong Asia Limited's recent climb in share price has prompted a query by the Singapore Exchange (SGX) on Wednesday.
Singapore's second-largest lender has decided that the best place to expand its research is the country's rival market Hong Kong. Oversea-Chinese Banking Corp plans to add coverage of 60 Hong Kong-listed stocks, with 14 to 20 started by year-end, according to Carmen Lee, its head of research.
- First Sponsor posts 13.9% surge in Q3 profit
- Frasers Centrepoint Trust's Q4 DPU up 5.5%
- SGX Q1 net profit up 9% to S$90.7m
The STI Today
Share prices in the Singapore bourse closed higher on Wednesday with the benchmark Straits Times Index gaining 9.21 points or 0.3 per cent to finish at 3,343.88.