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Daily Debrief: What Happened Today

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The services sector, in particular, showed a significant leap in business optimism with more expecting business conditions to improve compared to those who foresee a deterioration, resulting in an overall net weighted balance of 9 per cent of businesses which see an improved outlook between October 2017 and March 2018, compared to the third-quarter of 2017.

Singapore business expectations up for next six months; services show signs of strengthening
BOTH the services and the manufacturing sectors in Singapore showed signs of further strengthening as more firms expect improved business conditions in the six months ending March 2018, based on figures from the Economic Development Board and the Department of Statistics (Singstat). 

SGX to cut down on unusual trading activity queries by half
THE number of queries issued by the Singapore Exchange (SGX) on unusual trading activity will be going down by half from Wednesday.


Singapore mulls wider carbon market in crafting carbon tax law
SINGAPORE, in preparing for the possible linkage of its carbon tax framework to external carbon markets in future, will use a credits-based mechanism for its carbon tax.

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URA launches Chong Kuo Road site for sale, releases reserve site at Cuscaden Road for application
THE government has launched a site at Chong Kuo Road for sale under the Confirmed List of the second-half 2017 Government Land Sales (GLS) programme.

Residential GLS site at Fourth Avenue under reserve list triggered for sale
A RESIDENTIAL site at Fourth Avenue under the Reserve List of the government land sale (GLS) programme has been triggered for sale, after a developer has lodged an application to bid at a minimum price of S$448.8 million.

Japanese restaurant group RE&S lodges preliminary prospectus for Catalist listing
JAPANESE restaurant group RE&S Holdings has lodged a preliminary prospectus for a Catalist listing as it seeks to raise capital for new outlets.

Changi Airport's Terminal 4 opens for business
CHANGI Airport's newest terminal - T4 - started its first day of operations early Tuesday (Oct 31) morning, marking a critical milestone in Singapore's aviation history.

Corporate Earnings