Daily Debrief: What Happened Today

Stories you might have missed

Singtel not in position to speculate on capex for 5G in Singapore, says CEO

SINGTEL group chief executive Chua Sock Koong said that "we are not in a position to speculate on what the capex could be" for 5G in Singapore, as the IMDA has yet to determine specific network and market requirements.

honestbee to stop food delivery in Singapore, suspend laundry service; move hits 400 delivery persons

IN a media statement on Wednesday, honestbee said that the decision was "to optimise the business structure, and to drive better focus and alignment with honestbee's current strategic priorities".

New private home sales fall 30% m-o-m in April, with sharp drop in launches

DEVELOPERS in Singapore sold 735 private homes in April, down around 30 per cent from the 1,054 units they moved in March, and marginally higher than the 733 units they sold in the corresponding month a year ago.

Sembcorp keen on Hyflux's Tuaspring power plant, at the right price

GROUP chief executive officer Neil McGregor told The Business Times on Wednesday at the conglomerate's first quarter results briefing: "We were once interested... We are keeping our options open.

Hyflux gets non-binding letter of intent to acquire certain overseas assets

THIS makes it the third non-binding LOI the beleaguered firm has received this month from potential investors.

Corporate earnings

The STI today

Trade woes ease but Singapore shares still dip 0.2% on Wednesday

EVEN though the Straits Times Index (STI) failed to post gains, losses were less than in recent days with the benchmark index finishing at 3,218.77, down 4.94 points or 0.15 per cent on Wednesday.