Daily Debrief: What Happened Today

Published Thu, Jul 15, 2021 · 06:30 PM

Stories you might have missed

New private home sales in Singapore ease 2.6% in June: URA

DEMAND for luxury and prime-area private housing picked up in the first half of this year, reflecting the gains from the nouveau riche in the finance, technology and pharmaceutical sectors, analysts said.

UOL's The Watergardens at Canberra launches this month on hopes of 'pent-up demand'

UOL Group is banking on pent up demand for its upcoming project along Canberra Drive, the 448-unit The Watergardens at Canberra, with prices to start from S$1,380 per square foot.

OCBC positive on repayment of SME loans in Singapore, but on the watch for Malaysia, Indonesia

OCBC is not seeing any cause for concern on the repayment of loans among small and medium-sized enterprises in Singapore even as Covid-19 relief measures get extended further, but it is "definitely watching" neighbouring countries Malaysia and Indonesia closely for signs of business distress, said a top OCBC executive.

Sias questions Sembmarine's latest proposed S$1.5 billion rights issue

THE Securities Investors Association (Singapore), or Sias, said that Sembcorp Marine's latest proposed rights issue has caused "great concern" among the company's minority shareholders and has raised questions.

Sias asks Utico to deposit S$10m in escrow by July 21 to confirm Hyflux restructuring plans

SIAS has requested white knight suitor Utico to place a non-refundable deposit of S$10 million in Utico's solicitor's account or an escrow account by 10am on July 21, 2021, to confirm its plans to restructure Hyflux.

New generation of entrepreneurs emerges from South-east Asia

MORE ex-founders, ex-investors and former senior employees of high-growth tech startups are starting their own companies as South-east Asia's startup ecosystem matures.

The STI today

STI dips 0.42% on worries over region's rising Covid-19 cases

SINGAPORE shares closed lower on Thursday amid an uptick in Covid-19 cases locally due to a growing KTV cluster as well as around the region, snubbing better-than-expected China gross domestic product growth and dovish remarks by the US central bank chief to calm inflation jitters.

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