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Daily Debrief: What Happened Today
Singapore manufacturing output rebounds with 17.9% jump in January, thanks to electronics
SINGAPORE'S manufacturing sector staged a strong comeback in January after output suffered its biggest decline in two years the previous month, with output rebounding by 17.9 per cent year-on-year, thanks to a bounce back in electronics production.
Apex to launch Singapore's 3rd derivatives exchange
ASIA Pacific Exchange Pte (Apex) has received approval from the Monetary Authority of Singapore (MAS) to start a third derivatives exchange as well as a clearing house in the city-state.
The Estoril at Holland Village up for en bloc sale with S$220m guide price
THE Estoril, a condominium along 95 & 97 Holland Road, is up for collective sale with a guide price of S$220 million, reflecting a land price of about S$1,625 per sq ft per plot ratio.
CapitaLand building mega sky bridge in Chongqing, China
AT 400 metres above sea level, an accordion-shaped "horizontal skyscraper" named The Conservatory will be highest sky bridge linking the most number of towers (four) in the world, according to CapitaLand on Monday.
ST Engineering creates new management role to drive growth in new business areas
SINGAPORE Technologies (ST) Engineering on Monday announced the appointment of Russell Tham as president of new enterprises and ventures, effective from March 19, 2018.
Broker's take: Genting Singapore's price rally to continue, says DBS
DBS on Monday maintained its "buy" rating on Genting Singapore but with a lower target price of S$1.49 from S$1.51 previously, saying that it believes the price rally is "not over", despite the stock's more than 45-per-cent surge since August last year.
Business council, innovation corridor to help Singapore firms enter Andhra Pradesh
ENTERING the fast-growing Indian state of Andhra Pradesh will now be easier for Singapore firms, with the establishment of a new business council and an innovation corridor for urban solutions.
PODCAST: Tips for first-time investors (Money Hacks, Ep.1)
In this new podcast series for 2018, The Straits Times and The Business Times offer tips for the newcomer to the financial investment scene. How should you balance a percentage of your savings if you're going to invest for the first time, regardless of whether you're a young professional or a newly-retired person? Or should you daringly dive into the wild world of cryptocurrency investment?
- HRnet Q4 profit rises 23.2% to S$12.2m
- Halcyon Agri's Q4 profit plummets 84% to US$11.6m
- Asian Pay Television Trust's Q4 profit falls 29% to S$11.5m
- Gold miner CNMC swings to US$1.29m profit for Q4
The STI today
Singapore shares close 0.6% higher
SHARE prices in the Singapore bourse closed higher with the key Straits Times Index advancing 22.6 points or 0.6 per cent to finish at 3,555.85 on Monday.