Singapore Wrap Monday

Today's notable stories

Singapore inflation weaker at -0.5% in April; sixth month in negative territory

Singapore's headline inflation rate stayed in negative territory for the sixth month running in April, and core inflation continued to ease.

First batch of smart HDB homes to be launched for sale this week

The first smart HDB homes, Northshore Residences I and II, will be launched in this month's build-to-order (BTO) exercise.

Citibank Singapore retains pole position in credit card sales

Citibank Singapore on Monday said its credit card sales have grown at least 20 per cent faster than the industry over the last five years.

Banyan Tree to help Vietnam resort pick operator for proposed gaming facilities

A Banyan Tree subsidiary will be helping Laguna Lãng Cô, the operator of the luxury resort located north of Da Nang, identify companies that can operate its proposed gaming facilities.

Frasers Centrepoint lists seven-year 3.65% retail bonds on SGX

Property developer Frasers Centrepoint Ltd (FCL) on Monday listed its seven-year retail bonds on the Singapore Exchange (SGX) mainboard under the stock code "AXXZ". This is its first retail bond offering.

The STI Today

Singapore: HK closure means an even more listless session here

Traders who thought conditions in the local stock market couldn't be worse than last week found that they were wrong when trading this week kicked off with a paltry 1.8 billion units worth S$596.6 million traded, the lowest one-day total this year largely because Hong Kong was closed to celebrate Buddha's birthday.


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