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Daily Debrief: What Happened Today

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Asean is in a good position to seize the opportunities that the Fourth Industrial Revolution will bring, and is already taking steps to do so, Prime Minister Lee Hsien Loong said on Wednesday.

Asean in good position to seize opportunities Fourth Industrial Revolution will bring: PM Lee
ASEAN is in a good position to seize the opportunities that the Fourth Industrial Revolution will bring, and is already taking steps to do so, Prime Minister Lee Hsien Loong said on Wednesday.


Singapore retail sales fall 2.6% in July as car sales slump
OVERALL takings were down by 2.6 per cent on the previous year, against the revised 2.2 per cent growth seen in June, on fewer vehicles being sold. The drop is the first since March, and ends three months of retail sales growth. 


Singapore condo rents fall 0.1% in August from July; HDB rents rise 0.1%: SRX
THE lacklustre rental market for both private and HDB properties dragged on for another month, going by data from real estate portal SRX on Wed


District 10's Gisborne Light to seek S$37m in en bloc tender
"THE land rate of Gisborne Light is attractive and fairly adjusts for the current market sentiment following the introduction of new cooling measures on July 6, 2018," said marketing agent Colliers International, citing transactions in the area with land rates ranging from S$1,734 psf ppr for Balmoral Mansions to S$1,847 psf ppr for City Towers.

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10 e-payment modes to be available at selected eating places by end-2018
THE initiative by Enterprise Singapore, Housing and Development Board, National Environment Agency and JTC Corporation will allow customers to use up to 20 payment schemes - such as EZ-Link, Nets FlashPay and mobile payment applications - to purchase meals at coffee shops, hawker centres and industrial canteens that operate at the premises of the said government agencies.


Fowl play: 13 chicken suppliers fined record S$26.9m for price-fixing, non-compete pacts
THE 13 distributors collectively supply more than 90 per cent of fresh chicken products in Singapore, with an annual combined turnover amounting to about half a billion dollars.


 

 

The STI today

Singapore shares end higher on Wednesday
SHARE prices on the Singapore bourse closed higher on Wednesday, with the key Straits Times Index up 14.74 points, or 0.47 per cent, to 3,124.65.