Daily Debrief: What Happened Today
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Business 'bubble' travellers to arrive in Singapore from March, after month's delay
CONNECT@CHANGI at the Singapore Expo, which was developed by state-owned Temasek Holdings and consortium partners, opened for bookings on Thursday.
Progressive Wage Model may be expanded to middle-wage workers: NTUC
THE labour movement is looking to extend the Progressive Wage Model (PWM) to middle-wage workers, even as it pushes for its implementation in three more sectors for lower-wage workers in the next 12 months, labour chief Ng Chee Meng said on Thursday.
Cromwell E-Reit reports portfolio valuation growth over 2020
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FOLLOWING the completion of independent valuations by CBRE and Savills, Cromwell European Reit (Cromwell E-Reit) reported that 95 properties in its portfolio have been valued at an aggregate of 2.13 billion euros (S$3.41 billion) as at Dec 31, 2020.
Keppel Reit launches private placement to raise at least S$270m
THE manager said in a bourse filing that it will use about S$262.5 million or 97.2 per cent of the gross proceeds to partially fund the real estate investment trust's (Reit) S$651.5 million acquisition of Keppel Bay Tower from sponsor Keppel Land, the property arm of Keppel Corporation.
SGX seeks M&A deals to drive multi-asset strategy
THE bourse has operations in place across asset classes and now will concentrate on bolstering them, chief executive officer Loh Boon Chye said in an interview.
Privatisation bid for GL 'not fair but reasonable': IFA
IN a circular released on Thursday, GL's independent directors recommended - based on W Capital's advice - that its shareholders accept the offer.
Seven shophouses at Lavender Street up for sale with S$60m guide price
THEY have a combined site area of about 13,107 sq ft, and a total GFA of around 17,626 sq ft.
Corporate earnings
The STI today
STI falls 0.4% as regional rally runs out of steam THE key Straits Times Index finished at 2,908.85 after retreating 11.58 points or 0.40 per cent.
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