Daily Debrief: What Happened Today
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Ahead of reopening, nightlife players fret over lease renewals, uncertainty of operations
Despite nightlife businesses finally being given the greenlight to reopen, it may be a case of "too little, too late" for existing and former operators, some of whom have given up their spaces and remain cautious about future Covid-19 waves that could shut out the embattled industry here once again.
Devaluation of airline miles likely with air travel resumption, but impact unlikely to be severe
Relaxed restrictions means air travellers are scrambling to get their hands on flight tickets after the Covid-19 pandemic halted leisure trips overseas for almost two years.
Haig Road flats sold en bloc on 3rd attempt at S$49.3m, above owners' asking
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The sale price translates to a land rate of S$1,286 per square foot per plot ratio for the 27,389 square foot site with a gross plot ratio of 1.4.
Surbana Jurong Group CEO Wong Heang Fine to retire, successor search underway
Wong joined SJ Group as its founding Group CEO in June 2015 and under his leadership, the group has grown its revenue from S$320 million in 2015 to S$1.8 billion in 2021.
1994: The one and only time COEs hit S$100,000
The lead-up to S$100,000 back then wasn't so much a sudden twist as it was a slow build, begrudgingly recognised in the papers as an inevitable culmination of prices inflating across 2 years.
The STI today
Singapore stocks buck regional gains; STI falls 0.6%
The benchmark Straits Times Index (STI) fell 0.6 per cent or 20.95 points to 3,383.28.
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