Daily Debrief: What Happened Today (Jun 9)
Stories you might have missed
Bombardier to grow Apac service hub in Singapore with S$100 million expansion
[SINGAPORE] Bombardier will boost its Asia-Pacific service centre in Singapore with a S$100 million expansion that will double the company’s current footprint in the city-state.
S-Reits ‘positioned for recovery’ as yield spreads widen: analysts
[SINGAPORE] Singapore real estate investment trusts (S-Reits) could be undervalued defensive plays thanks to peaking interest costs and widening yield spreads that indicate a sectoral turnaround.
[SINGAPORE] Electric vehicle maker Nio has denied allegations by the US that it is aiding the Chinese military.
SingPost unveils S$30 million sortation machines that will boost its parcels processing capacity
[SINGAPORE] SingPost has unveiled its S$30 million automated parcel sortation facility – a touted competitive advantage – at its regional e-commerce logistics hub in Tampines.
Bank Indonesia’s emergency hike buys time for battered rupiah, but investor doubts linger
[JAKARTA] Bank Indonesia’s (BI) surprise emergency rate hike may buy the battered rupiah some breathing room, but it also reveals the conundrum facing policymakers as external shocks, capital outflows and investor unease over policies collide in South-east Asia’s largest economy.
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