Daily Debrief: What Happened Today
Stories you might have missed
Singapore bank lending up 0.6% in November: MAS LOANS through the domestic banking unit - which captures lending in all currencies but mainly reflects Singapore-dollar lending - stood at S$654 billion LOANS through the domestic banking unit - which captures lending in all currencies but mainly reflects Singapore-dollar lending - stood at S$654 billion in November, up from S$650 billion in October.
Hyflux to distribute shares in consumer business ahead of possible listing THE water treatment company is planning to distribute 70 per cent of the shares in Hyfluxshop Holdings to Hyflux's existing sharehol THE water treatment company is planning to distribute 70 per cent of the shares in Hyfluxshop Holdings to Hyflux's existing shareholders on the basis of one Hyfluxshop share for every 10 Hyflux shares held.
Singapore braces for taxes, central bank tightening, trade talks THE city state's economy will probably expand 2.8 per cent next year compared with an estimated 3.3 per cent this year, while inflation is forecast to pick up THE city state's economy will probably expand 2.8 per cent next year compared with an estimated 3.3 per cent this year, while inflation is forecast to pick up slowly, according to the median estimates in a Bloomberg survey.
C&G Env agrees to reverse takeover by India's Sainik-Aryan Group MAINBOARD-LISTED C&G Environmental Protection Holdings has entered into a S$400 million proposed deal with Param Mitra Coal Resources Pte Ltd, which would result in a reverse takeover of MAINBOARD-LISTED C&G Environmental Protection Holdings has entered into a S$400 million proposed deal with Param Mitra Coal Resources Pte Ltd, which would result in a reverse takeover of the former by India's Sainik-Aryan Group, a coal energy company.
New NUS, NTU presidents among 3 new board members for A*Star in 2018 PROFESSOR Tan Eng Chye, the National University of Singapore's incoming president and Professor Subra Suresh, his counterpart at Nanyang Technological University, will join A*Star's board on Jan 1, the same date of their university a PROFESSOR Tan Eng Chye, the National University of Singapore's incoming president and Professor Subra Suresh, his counterpart at Nanyang Technological University, will join A*Star's board on Jan 1, the same date of their university appointments, the Ministry of Trade and Industry announced on Friday.
Corporate Earnings
The STI Today
Singapore's STI ends 2017 at 3,402.92 points, up 18% for the year SINGAPORE stocks ended 0.1 per cent higher on Friday, wi SINGAPORE stocks ended 0.1 per cent higher on Friday, with the Straits Times Index rising 3.82 points to 3,402.92 points.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
G7 pledges swift aid for Ukraine, seeks to calm Middle East
H5N1 strain of bird flu found in milk: WHO
China moves to boost foreign investment in domestic tech companies
Xi orders China’s biggest military reorganisation since 2015
Warner Bros CEO earned US$49.7 million in strike-impacted year
Teheran signals no retaliation against Israel after drones attack Iran