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Daily Debrief: What Happened Today

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Singapore's Housing Development Board will launch about 17,000 new flats in 2018, National Development Minister Lawrence Wong said in a blog post on Thursday.

17,000 BTO flats to be launched in 2018: Lawrence Wong
THESE new flats will be spread around mature and non-mature towns. These include the upcoming Tengah town, the first time that Housing Board flats will be launched there.

MPA pumps S$12m more to promote Singapore's LNG bunkering
HALF the amount has been set aside to co-fund the building of new LNG bunker vessels (LBVs) to facilitate the development of ship-to-ship LNG bunkering in the Port of Singapore, while the other half will be used to top up MPA's existing co-funding programme to support the building of LNG-fuelled vessels, said the MPA in a statement.

SIA's new A380 arrives with revamped cabins, suites; to fly Sydney route from Dec 18
KITTED out with SIA's new Suites and Business Class cabins, the double decker jumbo jet will be used to operate flights SQ221 and SQ232.

Half of Singapore's business sectors see working capital performance worsen: study
WORKING capital performance in half of Singapore's business sectors has deteriorated year on year (y-o-y), with medium-sized companies struggling the most in managing their working capital, a joint study by PwC Singapore and Spring Singapore has found.

Singapore wins race to house new renewable diesel plant of energy giant Neste
ENERGY giant Neste has decided to build its next large-scale renewable diesel plant in Singapore.

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Temasek unit, Canadia to launch digital wallet and payment platform in Cambodia
AS at its launch on Dec 11, DaraPay has over 700 agents in Cambodia where customers can complete local remittances and loan repayments, as well as withdraw and deposit cash. 

The STI Today

Singapore equities end lower on China central bank's surprise rate hike
THE benchmark Straits Times Index (STI) was not spared on Thursday, ending the day lower by 32.99 points or 0.95 per cent to 3,435.78.



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