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Daily Debrief: What Happened Today

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PRICES of completed non-landed private homes in Singapore reversed course to climb in August, rising 0.5 per cent month-on-month, after dipping in July.

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Completed condo prices rise 0.5% in August

PRICES of completed non-landed private homes in Singapore reversed course to climb in August, rising 0.5 per cent month-on-month, after dipping in July. 


Singapore bank lending in August inches back to growth

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BANK lending in Singapore crept higher in August from a month ago after July saw the first decline since January, preliminary data from the Monetary Authority of Singapore showed on Friday.


Alliance Mineral secures A$20m debt facility, A$20m standby credit for ASX dual listing

ALLIANCE is seeking a dual listing on the Singapore Exchange and the ASX, and the proposed merger is to be implemented by way of a scheme of arrangement. 


China Fibretech resumes trading as Raffles Infrastructure at 50 S cents apiece

RAFFLES Infrastructure Holdings, formerly known as China Fibretech, has resumed trading on the Singapore Exchange (SGX) as at 1pm on Friday, stating that the group will be able to operate as a going concern and has sufficient working capital for the next 12 months from Sept 28.


Thomson Medical sells hospitality unit to tycoon Gordon Tang's vehicle for S$3.4m

THOMSON Medical Group has sold a hospitality unit to the private vehicle of property tycoon Gordon Tang for S$3.38 million in cash as part of its divestment strategy to focus on its healthcare business, according to a filing with the Singapore Exchange on Friday during the midday trading break.


Singtel to carry all of Discovery's Singapore channels, after StarHub drops content provider

SINGTEL has snagged the rights to carry the full suite of entertainment provider Discovery's content in Singapore, with the companies announcing the launch of three more channels on Friday.


The STI today

Singapore shares close up on Friday

SINGAPORE stocks finished higher on Friday - the last trading day of September - with the key Straits Times Index rising 0.6 per cent, or 20.79 points to 3,257.05.