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Daily Debrief: What Happened Today
Stories you might have missed
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.
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".
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.
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.
THIS makes it the third non-binding LOI the beleaguered firm has received this month from potential investors.
- Singtel Q4 profit inches up 0.4% to S$773m, full-year profit tumbles 43%
- CDL doubles Q1 profit to S$199.6m
- ST Engineering Q1 profit up 11% to S$131.1m
- Sembcorp Industries Q1 earnings up 21% to S$93m
- China Everbright sees 16% rise in Q1 profit to HK$206.4m
The STI today
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.