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Daily Debrief: What Happened Today
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THE offerings are meant to resolve pain points that merchants face in marketing, branding and sales.
SINGAPORE-BASED Tembusu Partners is launching several investment funds totalling one billion yuan (S$205.6 million) as the private equity firm looks to increase its investments in China.
FRASERS Property is acquiring a 29.99 per cent stake in PGIM Real Estate Asia Retail Fund Limited for around S$601.5 million, the group said in a bourse filing on Thursday before the market opened.
CREDENTIALS from several government agencies and educational institutions, as well as more than 19,000 compromised payment cards from banks in Singapore, have been put up for sale online by hackers.
THE agreement signals the development of more options for infrastructure financing for Asian countries, in addition to China's Belt and Road Initiative (BRI) and a trilateral partnership between the US, Australia and Japan to mobilise investment in infrastructure projects in the region.
The STI today
THE Straits Times Index (STI) ended Thursday's session gaining 5.99 points or 0.2 per cent to close at 3,213.65.