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Daily Debrief: What Happened Today

Stories you might have missed


Singapore bank lending dips in January: MAS
LOANS through the domestic banking unit - which captures lending in all currencies, but mainly reflects Singapore-dollar lending - stood at S$651 billion in January, compared to S$652 billion in December.

New passenger, aeronautical fees at Changi Airport from July 1 to help fund Changi East project
THE Civil Aviation Authority of Singapore (CAAS) is introducing an airport development levy of S$10.80 for passengers departing Changi Airport. Transit/transfer passengers connecting through Changi will pay S$3 per leg, or S$6 in total for a round-trip flight that passes through the airport.

Noble Group perpetual holders unite to oppose restructuring
THE group, which says it collectively holds more than 25 per cent of the perpetual bonds, has hired lawyers Latham & Watkins LLP to negotiate a better deal or "exercise remedies" against the Hong Kong-based company.

1MDB will be 'shut down' once debts are cleared: chairman
Chairman Tan Sri Dr Mohd Irwan Serigar Abdullah said he was confident the firm would be able to repay all its debts through the ongoing rationalisation plan.

Market voices on:

DC rates hiked 22.8% on average for non-landed residential use, 2.7% for commercial use
The latest DC rates are for the period Mar 1, 2018 to Aug 31, 2018.

Singapore, Japan now ranked world's most powerful passports in global index
Citizens of both Singapore and Japan have visa-free access to a record number of 180 destinations, making them the most powerful passports in the world, according to the Henley Passport Index released on Wednesday.

Corporate Earnings

The STI today

Singapore shares close 0.6% lower
SHARE prices in the Singapore bourse closed lower following weak leads from Wall Street with the key Straits Times Index losing 22.45 points or 0.6 per cent to finish at 3,517.94 on Wednesday.