Daily Debrief: What Happened Today
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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
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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.
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