Daily Debrief: What Happened Today

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AECOM wins LTA tender to design Singapore's high speed rail infrastructure
THE study will include providing architectural, civil, electrical, mechanical and other design services required for the Jurong East terminus, tunnels, and the bridge across the Straits of Johor.

Singapore Budget 2017: UOB says enhanced tax reliefs to boost business, purchasing power needed
SINGAPORE Budget 2017 must address the short-term needs of businesses and provide enhanced tax reliefs to boost sentiments and raise household's real purchasing power, UOB economist Francis Tan said on Wednesday.

Annual job growth of 25,000 to 40,000 for next three to five years
MINISTER for Manpower Lim Swee Say said that due to economic restructuring and an ageing workforce, the number of jobs created in the last two years had gone down significantly.

URA appoints team led by KCAP Architects&Planners as consultant for Jurong Lake District
URA said on Wednesday that the team's proposal received the highest score among those of the five teams shortlisted for Stage 2 of the Jurong Lake District Request for Proposal exercise.

Ho Bee Land sells London office block for £94.5 million
THE buyer has paid a deposit of 10 per cent of the sale price and the balance will be payable upon completion on Feb 21, 2017.

Car COE premiums fall
CATEGORY A - for cars below 1,600 cc or 130 hp - shed S$2,488 to S$48,401, while Cat B - for cars above 1,600 cc and 130 hp - slumped S$4,598 to S$48,209. This means the big car COE costs less than the small car COE.

Corporate Earnings

The STI Today

Singapore shares close higher: blue chips weak but broad market firm on penny fever
PENNY stock fever continued to rage in the local stock market on Wednesday even as blue chip activity dipped - the Straits Times Index dropped 5.11 points to 3,066.53 in line with the Dow futures surrendering its morning gains, but unit volume remained high at 3.5 billion units.

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