Daily Debrief: What Happened Today

Stories you might have missed

Singapore aims for 2 GWp of solar energy by 2030

SOLAR energy is one of the "four switches" to achieve a sustainable, reliable and affordable energy supply, alongside natural gas, regional power grids and low-carbon alternatives.

EDBI, Temasek unit Pavilion Capital invest in US biotech startup's US$275m Series A round

THE biotechnology firm, currently in stealth mode, will use the funds to expand its development activities and advance its oncology programmes.

KrisEnergy to sell 30% stake in Andaman II production sharing contract

THE Andaman II production sharing contract(PSC) is an exploration block over the North Sumatra Basin covering an area of 7,400 square kilometres, the upstream oil and gas firm said in a regulatory update.

Temasek's ABC World Asia closes inaugural fund at S$385m

THE Asia-focused fund will explore investments in China, South-east Asia and South Asia and will look for companies which commit to generate positive, measurable social or environmental impact, alongside a compelling risk-adjusted return.

JTC launches Tuas West Avenue site for tender

TUAS West Avenue (Plot B), which has a 20-year tenure, occupies a site area of 0.95 hectare and also has a gross plot ratio of 1.4, and has been zoned "B2" for heavier industrial use.

Corporate earnings

The STI today

Singapore shares add 0.4% on sustained Brexit, trade deal hopes SINGAPORE'S Straits Times Index (STI) opened 1 per cent higher but investors took to booking profits after last week's strong performance, with the benchmark ending at 3,197.04, an 11.51-point or 0.4 per cent gain.