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Daily Debrief: What Happened Today

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FIVE new areas in Singapore have been gazetted for development as car-lite precincts, the Land Transport Authority (LTA) announced on Friday.

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LTA to allow fewer carpark spaces in private developments from Feb 2019; announces 5 car-lite precincts

THESE precincts - namely Marina South, Kampong Bugis, Woodlands North, Bayshore and the Jurong Lake District - will have greater connectivity to public transport as well as alternative travel options such as walking, cycling and personal mobility devices.


 

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A*Star's A*ccelerate, investors raise over S$85m to co-create deep tech startups

SINGAPORE'S Agency for Science, Technology and Research’s (A*Star) newly-rebranded commercialisation arm, A*ccelerate, will be entering into new agreements with investors such as Startup-O, Hafnium Hafaway, Marvelstone, Trendlines and Dymon Asia Ventures.


SESTO Robotics spins off from HOPE Technik, gets S$4m Series A funding

SESTO Robotics, an autonomous technology solutions startup, announced on Friday that its spin-off from parent company HOPE Technik has been completed.


Singtel-backed fintech firm Sygnum announces tie-up with blockchain company daura

FINTECH firm Sygnum on Friday announced its partnership with blockchain company daura to build a solution to securely issue digital assets such as tokenised shares and investment products.


MAS files police report against author of 'baseless and defamatory' 1MDB-related article

THE Monetary Authority of Singapore said on Friday it has filed a report with the Singapore police against the author of an article published on on the States Times Review website on Nov 5 that were false and malicious, and impugned the integrity of the MAS as a financial regulator.


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The STI Today

Singapore shares end lower on Friday

SINGAPORE stocks closed lower on Friday, with the Straits Times Index retreating 0.49 per cent or 15.27 points to 3,077.97.