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Daily Debrief: What Happened Today
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SINGAPORE consumer price growth cooled in the first month of 2019, as a slower increase in electricity and gas costs outweighed the price hike in services, according to official data released on Monday.
THE collective sale's reserve price translates to a land rate of S$1,307 per sq ft per plot ratio (psf ppr), after factoring in differential and lease upgrade premiums payable on a maximum permissible gross floor area of about 1,875,760 sq ft.
THE round also attracted a slate of regional investors: Taiwanese financial services company Cathay Financial Holdings; VinaCapital Ventures, a venture platform seeded by Vietnamese investment manager VinaCapital and AddVentures by SCG, an investment unit of Thailand’s Siam Cement Group.
THE Catalist-listed company said, in an update to the Singapore Exchange, that it has yet to receive any formal notification or otherwise from the MACC or any other regulatory authority, and that it would continue to give full cooperation and assist in the investigation.
SOME 74 per cent of respondents in Singapore believe that either they or their CEO has made a significant business decision based on out-of-date or incorrect financial data, with 18 per cent citing that this has “definitely occurred” in their organisation.
- Raffles Medical earnings rise 0.4% to S$71.1m for FY2018
- Sarine Technologies Q4 profit falls 84.8% to US$93,000
- APTT posts 81.5% drop in Q4 DPU to 0.3 Singapore cent
- Charisma Energy warns of losses for Q4, fiscal 2018
The STI today
SINGAPORE stocks closed largely flat on Monday, with the Straits Times Index up a mere 0.07 per cent or 2.45 points to 3,272.35.