Daily Debrief: What Happened Today

Published Tue, Sep 13, 2022 · 06:30 PM
    • Sembcorp's exposure to the UK consists of energy generation and battery storage.
    • Sembcorp's exposure to the UK consists of energy generation and battery storage. PHOTO: SEMBCORP INDUSTRIES

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    Sembcorp likely to be hit by UK’s energy price cap, company says monitoring situation

    SEMBCORP Industries is one company in Singapore that could be impacted by UK prime minister Liz Truss’s energy plan.


    Fewer condo deals in Aug as rising interest rates, Hungry Ghost bite: SRX, 99.co

    THE number of condominiums changing hands in the resale market continued to fall for the fourth consecutive month, with 1,135 units resold in August, according to flash figures from SRX and 99.co published on Tuesday (Sep 13).


    DBS sets sector-specific decarbonisation targets; O&G to cut emissions by 28%

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    DBS on Tuesday (Sep 13) announced specific, science-based decarbonisation targets for 7 sectors, including oil & gas (O&G), power, automotive, aviation, shipping, steel and real estate.


    Singapore spent S$72.3 billion on Covid-19 in FY2020 and FY2021, less than budgeted

    SINGAPORE’S government spent S$72.3 billion on Covid-19 in FY 2020 and 2021, less than the S$100 billion committed in its budgets for those years, said Second Minister for Finance Indranee Rajah in Parliament on Tuesday (Sep 13).


    Ask not when top talent will leave; rather, welcome those who stay

    WHILE concerns over Singapore’s new pass for top talent are understandable, some of these worries are arguably incongruent with the mindset of a global city.


    The STI today

    Singapore stocks lifted on US bear market rally; STI up 0.5%

    THE Straits Times Index (STI) rose 0.5 per cent or 15.36 points to close at 3,290.08 points on Tuesday (Sep 13), tracking gains on Wall Street overnight as US equities extended the bear market bounce for the fourth day.

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