Daily Debrief: What Happened Today
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Asean in good position to seize opportunities Fourth Industrial Revolution will bring: PM Lee ASEAN is in a good position to seize the opportunities that the Fourth Industrial Revolution will bring, and is already taking steps to do so, Prime Minister Lee Hsien Loong said on Wednesday.
Singapore retail sales fall 2.6% in July as car sales slump OVERALL takings were down by 2.6 per cent on the previous year, against the revised 2.2 per cent growth seen in June, on fewer vehicles being sold. The drop is the first since March, and ends three months of retail sales growth.
Singapore condo rents fall 0.1% in August from July; HDB rents rise 0.1%: SRX THE lacklustre rental market for both private and HDB properties dragged on for another month, going by data from real estate portal SRX on Wed
District 10's Gisborne Light to seek S$37m in en bloc tender "THE land rate of Gisborne Light is attractive and fairly adjusts for the current market sentiment following the introduction of new cooling measures on July 6, 2018," said marketing agent Colliers International, citing transactions in the area with land rates ranging from S$1,734 psf ppr for Balmoral Mansions to S$1,847 psf ppr for City Towers.
10 e-payment modes to be available at selected eating places by end-2018 THE initiative by Enterprise Singapore, Housing and Development Board, National Environment Agency and JTC Corporation will allow customers to use up to 20 payment schemes - such as EZ-Link, Nets FlashPay and mobile payment applications - to purchase meals at coffee shops, hawker centres and industrial canteens that operate at the premises of the said government agencies.
Fowl play: 13 chicken suppliers fined record S$26.9m for price-fixing, non-compete pacts THE 13 distributors collectively supply more than 90 per cent of fresh chicken products in Singapore, with an annual combined turnover amounting to about half a billion dollars.
The STI today
Singapore shares end higher on Wednesday SHARE prices on the Singapore bourse closed higher on Wednesday, with the key Straits Times Index up 14.74 points, or 0.47 per cent, to 3,124.65.
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International
Abu Dhabi’s IHC to buy back up to US$1.4 billion of its shares
Dubai’s financial centre expects ‘busiest year’ as firms rush in
Israel strikes Gaza city of Rafah after evacuation order
Britain's King Charles III marks first anniversary of coronation
German deficit forecast at 1.75% in 2024, says stability council
SNP veteran John Swinney set to be Scotland’s next leader