Daily Debrief: What Happened Today

Stories you might have missed

DBS to double down on China and India for growth in Asia

AT the bank's virtual annual general meeting (AGM) on Tuesday, DBS chief Piyush Gupta outlined three key areas of focus in China, namely its upcoming securities joint venture (JV), the consumer finance market and the Greater Bay Area.


Nassim GCB sells for S$128.8m or record S$4,005 psf; buyer is Nanofilm founder's wife

THE buyer is Jin Xiao Qun, the wife of Nanofilm Technologies International founder and executive chairman Shi Xu.


Hotel revenue stagnates in February as Singapore welcomes just 17,950 visitors

INDUSTRY room revenue stood at S$58.63 million in February, lower by 13.9 per cent on January and by 69.3 per cent in the year before, the most recent data from the Singapore Tourism Board (STB) showed.


Top Glove reiterates commitment to labour practices after US customs seizure order

TOP Glove, the world's biggest rubber glove manufacturer, was again rapped by the US Customs and Border Protection (CBP) on March 29 after it discovered forced labour practices in the company's production of disposable gloves.


Allied Tech board conducts special audit in response to latest allegations

THIS came after former managing partner of JLC Advisors Jeffrey Ong Su Aun alleged that executive director Kenneth Low Si Ren and investor Lin Tah Hwa were the ones responsible for the misappropriated funds of precision engineering firm Allied Tech two years ago.


GKE Corp to expand agriculture operations with newly obtained farm licence

CATALIST-LISTED GKE Corp has been granted a farm licence for its wholly-owned subsidiary GKE Agritech to grow and sell agricultural produce commercially in Singapore.


Corporate earnings


The STI today

STI rises 0.48%, stays on track for best quarter in nine years

AFTER another record showing in Wall Street overnight and continued vaccine cheer, the STI gained 15.32 points or 0.48 per cent to 3,190.89.

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