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Singapore Wrap Thursday
The Singapore government will sell four sites on the Confirmed List and 13 on the Reserve List in the second half of 2015 that could yield about 7,825 private residential units and about 277,580 square metres of commercial space.
It is "just a matter of time" before the first case of Middle East respiratory syndrome (Mers) is detected in Singapore, Prime Minister Lee Hsien Loong said on Thursday.
Twitter plans to add more than 100 jobs over the next few years to its Asia-Pacific headquarters in Singapore, which it officially opened on Thursday morning.
Singapore-based crowdfunding platform Crowdonomic on Thursday was named a registered equity crowdfunding (ECF) platform in Malaysia by the Securities Commission Malaysia.
Noble Group chairman Richard Elman on Thursday afternoon asked shareholders and colleagues for "a little confidence and patience" as the commodity company seeks to recover share value.
The STI Today
Propelled by gains in Singtel, the banks and Noble Group, the STI finished 21.9 points higher at 3,347.67 with the market recording volume of 1.5 billion units worth S$1.3 billion. In two days, the index has risen a total of 52 points, recovering the loss it suffered in the previous four sessions.