Daily Debrief: What Happened Today
Stories you might have missed
Singapore SMEs top exporters in Asia-Pacific: FedEx survey SMEs here generated an average annual exporting revenue of US$1.75 million, ahead of the US$1.21 million average recorded across countries in the Asia-Pacific.
Google building third data centre in Singapore with added investment of US$350m US internet giant Google announced on Wednesday it will be building a third data centre in Singapore to meet rapid user growth in the region, bringing its total long-term investment in such facilities here to US$850 million.
Residential, commercial project at Mohamed Sultan Road put up for sale for S$30m A DEVELOPMENT under construction at 21/23 Mohamed Sultan Road, consisting of an eight-storey residential block and adjoining commercial building, has been put up for sale by tender by its owner, a privately held investment holding company.
'Rare strata office portfolio' in Tanjong Pagar's GB Building up for sale THE portfolio comprises a podium block and four office floors in GB Building, a 26-storey commercial building located at the junction of McCallum Street and Cecil Street.
Ascott opens 2 Citadines serviced residences in Vietnam, including its biggest property globally CAPITALAND'S wholly owned serviced residence arm, The Ascott Limited, has opened its largest property globally, Citadines Blue Cove Danang in Vietnam, and its fifth property in Ho Chi Minh City, Citadines Regency Saigon.
Singapore's financial sector to undergo IMF's comprehensive assessment for 3rd time THE Financial Sector Assessment Programme will assess the resilience of Singapore's financial sector, the quality of MAS's regulatory framework and supervision, and the capacity of the authorities to manage and resolve financial crises.
Corporate Earnings
The STI today
Singapore shares close 0.27% up on Wednesday SINGAPORE stocks ended flat on Wednesday, with the Straits Times Index inching up 0.27 per cent, or 9.1 points, to close at 3,328.95.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Luxury sector outlook clouded by China’s slow recovery
TikTok CEO expects to defeat US restrictions: ‘We aren’t going anywhere’
TikTok artists and advertisers to stay with app until ‘door slams shut’
Biden signs Ukraine aid, TikTok ban Bills after Republican battle
UAE announces US$544 million for rain repairs, says lessons 'learned'
HSBC says growing Chinese wealth fuels client investments in US