Daily Debrief: What Happened Today
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Singapore Budget 2019 could see public works and other moves to prop up economy: report
CITING an impending global slowdown and the pressure on the Republic's export-driven economy, the report said that the rising external downside risks "are likely to prompt policymakers to adopt policies to cushion the economy through domestic-oriented initiatives" such as public infrastructure spending.
Cybersecurity firm Trend Micro sets up regional headquarters in Singapore
LOCATED at Suntec City Tower 4, the 12,000 square feet office will house a new managed detection and response (MDR) security operations centre.
Grange Heights relaunches en-bloc bid with price unchanged
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HOMEOWNERS will re-open a collective sale tender for the St Thomas Walk freehold property on Wednesday and the reserve price remains at S$820 million, the same as in the second tender exercise that closed without a deal on Oct 29, 2018.
Oxley unit to sell off Dublin properties for 204m euros
OXLEY Holdings' wholly owned subsidiary, Oxley Docklands Quay Two, will be entitled to 79.5 per cent of the sale price, Oxley said in a Singapore Exchange filing on Monday evening.
AUM in Asia-Pacific to hit almost US$30 trillion by 2025, outpacing global regions: PwC
Granted that protectionism remains limited and geopolitical activity remains relatively sanguine, Asia-Pacific AUM is set to grow at a compound annual growth rate of 8.7 per cent, from US$15.1 trillion in 2017 to US$16.9 trillion in 2020, and US$29.6 trillion by 2025, PwC said.
The STI today
Singapore stocks slip on Tuesday
SINGAPORE stocks slipped on Tuesday, with the Straits Times Index ending the day down 0.86 per cent or 27.85 points to 3,192.71.
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