Daily Debrief: What Happened Today

Stories you might have missed

Amid global storms, Singapore must ‘double down’ on staying open: PM Lee

EVEN with globalisation in decline, Singapore must still make its living “as a global city and an international hub”, said Prime Minister Lee Hsien Loong in Parliament on Wednesday (Apr 19).

Disclosure system CDP invites companies to report use, production of plastic

CDP, which runs the largest corporate disclosure system globally, will start collecting data relating to companies’ plastic production and use from Wednesday (Apr 19), as its platform opens for 2023 reporting.

Singapore’s foreign policy with US, China driven by principles, not ‘balance’: Sim Ann

WHEN dealing with the United States and China, Singapore’s foreign policy is driven by principles, not a quest for balance, Senior Minister of State for Foreign Affairs Sim Ann said in Parliament on Wednesday (Apr 19).

Keppel Infrastructure Trust to raise S$299.6 million after private placement closes at S$0.477 per unit

KEPPEL Infrastructure Trust (KIT) has closed its private placement at S$0.477 per unit.

Singapore should avoid further GST hike, as high costs hurt competitiveness: Louis Chua

WARNING that high costs may hurt Singapore’s competitiveness, Workers’ Party (WP) Member of Parliament Louis Chua urged the government to “avoid introducing more pressure into the system through an untimely GST (goods and services tax) hike”.

Corporate Earnings

• Sabana Reit’s Q1 leverage ratio inches up to 33.1%

The STI today

Singapore stocks buck downtrend in Asian markets; STI up 0.4%

SINGAPORE shares managed to buck the downtrend in most key Asian bourses on Wednesday (Apr 19).