Daily Debrief: What Happened Today
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Power demand zaps to a peak amid soaring mercury levels
AS THE mercury soars, so too has energy demand and electricity prices in Singapore.
New Jobs Transformation Map for hotel sector focuses on sustainability, technology
IN LINE with a government roadmap launched on Thursday (May 18), some 135 hotels in Singapore, employing over 18,000 local workers, have committed to transforming their jobs.
Ever Glory debuts on Catalist board at S$0.335, 52.3% above IPO price
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EVER Glory United Holdings made its trading debut at S$0.335 on the Singapore Exchange’s Catalist board on Thursday (May 18), 52.3 per cent or S$0.115 above its initial public offering (IPO) price of S$0.22.
Tat Hong eyes A$800 million sale of Australian unit in review of strategic options
SINGAPORE crane supplier Tat Hong could sell its Australian construction and heavy-equipment arm as it weighs its future Down Under, said group chief executive Roland Ng.
Sembcorp to develop multi-utilities centre on Jurong Island for S$900 million
SEMBCORP Industries on Thursday (May 18) said it will be developing a new multi-utilities centre on Jurong Island which will supply power, steam, firewater and demineralised water to customers.
Fund managers parked more money in real estate in 2022: survey
GLOBAL fund managers placed more money in real estate in 2022 than in the year before, a survey has found. The average real estate assets under management (AUM) of those who took part in the survey rose 8 per cent to US$35.1 billion.
The STI today
STI ends 0.3% higher as fears over US debt ceiling crisis ease
SINGAPORE shares finished higher on Thursday (May 18) alongside major regional peers, tracking overnight gains on Wall Street as fears abated over the US debt ceiling crisis with talks progressing.
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