Daily Debrief: What Happened Today

Singapore business sentiment for Q4 2018 moderates: poll THE overall index eased from +10.58 percentage points for Q3 2018 - a THE overall index eased from +10.58 percentage points for Q3 2018 - a three-year high - to 9.19 percentage points for Q4 2018.

Singapore condo resale prices see first monthly decline in a year after cooling measures: SRX data RESALE prices of condominiums and private apartments declined by RESALE prices of condominiums and private apartments declined by 0.2 per cent in August from the previous month, SRX's flash estimates released on Tuesday showed.

DBS starts Wealth Chat service using WhatsApp, WeChat platforms IT will initially provide content such as investment reports and research insights, with services such as trad IT will initially provide content such as investment reports and research insights, with services such as trade placement to be added progressively next year, the bank said.

GIC, GLP tie up to establish US$2b fund to acquire logistics facilities in China SAID Ming Mei, co-founder and chief executive officer of GLP: "This fund provides long-term capital to further strengthen our dominant network in China. We continue to see significant customer demand for our integrated logisti SAID Ming Mei, co-founder and chief executive officer of GLP: "This fund provides long-term capital to further strengthen our dominant network in China. We continue to see significant customer demand for our integrated logistics solutions and look forward to continuing to build our relationship with GIC."

TT International unit Big Box Singapore starts liquidation proceedings PRIOR to the commencement of its liquidation, BBS's principal activities were general retail trade under the warehouse retail scheme (WRS) which included selling of goods on the ground floor o PRIOR to the commencement of its liquidation, BBS's principal activities were general retail trade under the warehouse retail scheme (WRS) which included selling of goods on the ground floor of the Big Box building and operating the supermarkets in the building.

OUE C-Reit to buy OUE Downtown's offices for S$908m; plans 83-for-100 rights issue at S$0.456 per rights unit TO help pay for the acquisition, OUE C-Reit is also proposing to raise S$587.5 million through an underwritten an TO help pay for the acquisition, OUE C-Reit is also proposing to raise S$587.5 million through an underwritten and renounceable rights issue on the basis of 83 new units for every 100 units held at S$0.456 per rights unit.

Singapore's small builders seen facing debt troubles amid curbs MANY of the firms are probably affected by rising interest rates on their borrowings, while delays in collections from customers "would result in tight liquidity and potentially difficulties in MANY of the firms are probably affected by rising interest rates on their borrowings, while delays in collections from customers "would result in tight liquidity and potentially difficulties in repaying their loans," according to Angela Ee, a partner at EY.

The STI today

Singapore shares end lower on Tuesday SHARE prices on the Singapore bourse closed lower on Tuesday, with the key Straits Times Index down 11.01 p SHARE prices on the Singapore bourse closed lower on Tuesday, with the key Straits Times Index down 11.01 points, or 0.35 per cent, to 3,109.91.