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Daily Debrief: What Happened Today
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ON a seasonally adjusted month-on-month basis, output rose 2.8 per cent in November, pulled up by the biomedical sector - without which growth would have been flat.
KEPPEL O&M's subsidiary Keppel Singmarine has been engaged by Shturman Koshelev LLC to design and construct an ice-class LNG bunker vessel by the fourth quarter of 2020.
SINGTEL has appointed two new board members - former CEO of Westpac Banking Corporation Gail Kelly, and Google’s vice-president of product management Bradley Horowitz - bringing its board of directors to 11 members.
THE sites for tender comprise a 20-year leasehold, 1.23 hectare parcel at Jalan Papan (Plot 1), which is the last of six confirmed list sites for the second half of 2018 IGLS Programme, and a 30-year, 2.09 ha reserve list plot at Woodlands Avenue 12 whose tender was triggered by a committed bid price of not less than S$36 million.
PSD will face an outlay of S$26 million to buy out Max Treasure Co, the partner in Twin Prosperity Group, which is in turn the holding company of the Puteri Cove project in Malaysia.
The STI Today
SINGAPORE stocks ended 1.3 per cent lower on Wednesday, with the Straits Times Index retreating 39.91 points to 3,011.15.