Singapore Wrap Thursday
Today's notable stories
Association of Banks in Singapore issues guidelines on responsible financing
The Association of Banks in Singapore on Thursday issued its guidelines on responsible financing.
HDB resale prices down 0.4%, transactions up 3.9% in September: SRX
HDB resale prices slipped 0.4 per cent in September 2015 compared to August, led by prices of five-room flats which fell 1.1 per cent.
Singtel invests in new S$400m data centre in Jurong
Singapore Telecommunications Ltd (Singtel) is making its biggest data centre investment in Singapore to date, with a new S$400 million facility in Jurong.
SingPost completes successful test flight of drone for mail delivery
Singapore Post (SingPost) has collaborated with the Infocomm Development Authority of Singapore (IDA) to develop a drone for mail delivery.
Ascott triples units added in SEA
The Ascott Ltd has made its foray into Cebu in the Philippines and Pattaya in Thailand by securing five new contracts to manage 875 apartment units.
The STI today
Singapore shares close lower in anticipation of pressure on Wall Street
After gaining 169 points or about 6 per cent between Monday and Wednesday, the Straits Times Index (STI) on Thursday fell 14.78 points to 2,947.03 as it spent the day tracking the Dow futures, the latter dropping as much as 130 points at one stage.
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International
Thailand to appoint former energy executive Pichai as finance minister, sources say
Consumer gulf widens as demand for premium and budget foods grows
‘To the Future’: Saudi Arabia spends big to become an AI superpower
Malaysia ex-PM Mahathir facing anti-graft probe in a case involving his sons
Overcrowded Venice introduces first payment charge for tourists
South Korea readies new system to detect illegal short-selling