Daily Debrief: What Happened Today
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Singapore factory output continues downward trend; growth eases to 3.3% in August
SINGAPORE'S factory output continued its downward trajectory in August, coming in below economist expectations as the impact of Sino-US trade conflict, slowing demand from China, and high base effects kick in.
SPH, Keppel said to mull buyout of S$1.51b Singapore telco M1
THE companies are considering launching a general offer for shares they don't already own in M1, which has a market value of S$1.51 billion.
Two Tanjong Pagar conservation shophouses up for sale with S$22.6m price tag
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THE three-storey leasehold commercial properties, which are both in Tras Street but are not adjacent, have a guide price of S$22.6 million, or about S$2,800 per square feet based on gross floor area.
DBS, partner target US$100m for women's livelihood bond programme
DBS and Singapore-based capital firm Impact Investment Exchange (IIX) will issue a series of bonds with a target of US$100 million under the Women's Livelihood Bond scheme, they said in a media statement on Wednesday.
Singapore startup Alchemy FoodTech raises 7-digit sum to fund innovations tackling diabetes
ALCHEMY, which specialises in the development of lower Glycemic Index (GI) carbohydrates to tackle diabetes, said the funding will fuel its next stage of technology and product development, talent acquisition and manufacturing capabilities.
The STI today
Singapore shares close up on Wednesday
SINGAPORE stocks ended higher on Wednesday, with the Straits Times Index advancing 0.1 per cent, or 3.02 points to 3,239.1.
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